AIQ (AIQ) H1 2026 earnings summary

Executive summary

• Focused on securing data centre development projects via AIQ Vision, targeting demand from generative AI and data sovereignty laws.

• No revenue-generating projects delivered in the period; several MOUs signed, pending customer investment.

• Board remains cautious due to challenging business environment and geopolitical factors, closely monitoring cash and strategic options.

Financial highlights

• No revenue generated for the six months ended 30 April 2026 (H1 2025: £Nil).

• Administrative expenses reduced to £211k (H1 2025: £217k); operating loss £210k (H1 2025: £218k loss).

• Loss before tax was £224k (H1 2025: £233k loss).

• Cash and cash equivalents at 30 April 2026 were £57k (31 October 2025: £20k); increased to £878k by 28 July 2026.

• Net current liabilities of £918k as at 30 April 2026.

Outlook and guidance

• Future performance depends on securing new revenue contracts and continued support from loan holders or further funding.

• Directors confident in maintaining going concern but acknowledge material uncertainty due to reliance on new contracts and funding.