14th Oct 2025 13:58
(Alliance News) - Aptamer Group PLC on Tuesday expressed optimism for the future tied to commercial relationships, financial strength and an expanding pipeline, as it posted a narrowed full-year loss.
The York, England-based synthetic binders developer reported a pretax loss of GBP2.6 million for the financial year that ended June 30, narrowing from GBP3.1 million a year prior.
Driving the improved bottom line was a mix of top-line gains and lower costs.
Revenue advanced 40% to GBP1.2 million from GBP860,000, which Aptamer said reflects "accelerating commercial traction".
The company noted repeat business with "multiple top 20 pharmaceutical companies".
Further supporting the bottom line, administrative expenses fell 7.5% to GBP2.9 million from GBP3.2 million, owing to "continued cost discipline".
More specifically, employee costs reduced to GBP1.9 million from GBP2.1 million, and Aptamer reported a "slight decrease" in its operational footprint.
Looking ahead, Aptamer said it enters the new financial year in a position to deliver sustained growth, owing to a combination of "accelerating commercial traction, a dramatically expanded licensing portfolio...and strengthened financial resources."
In July, the company completed a GBP1.8 million fundraising.
Shares in the company fell 11% to 0.88 pence on Tuesday afternoon in London.
"This has been a year of significant strategic progress for Aptamer as we continued to expand the breadth and commercial reach of our Optimer platform. With a 40% increase in revenue and a growing base of repeat business from leading pharmaceutical partners. Our technology is gaining strong traction across life sciences and adjacent markets," said Chief Executive Arron Tolley.
"Looking ahead, the successful GBP1.8 million fundraising completed after year-end provides the resources to accelerate our growth strategy, strengthen in-house manufacturing, and advance high-value Optimer programmes. With an expanding pipeline, deepening commercial relationships, and a robust financial position, we are well-placed to deliver long-term value for our shareholders," continued Tolley.
By Christopher Ward, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Aptamer Group