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v3.25.2

Unaudited Condensed Consolidated Interim Statements of Income and Comprehensive Income - GBP (£) £ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Unaudited Condensed Consolidated Interim Statements of Income and Comprehensive Income |  |  |  |
Research and development expenses | £ (11,574) | £ (17,967) | £ (22,791) | £ (31,951)
Administrative expenses | (12,612) | (11,243) | (22,101) | (20,710)
Related party administrative expenses | (57) | (21) | (151) | (42)
Other operating income/(expense) | 1,197 | 30,172 | (4,895) | 32,763
Operating (loss)/profit | (23,046) | 941 | (49,938) | (19,940)
Finance income | 18,707 | 11,215 | 28,773 | 7,397
Finance costs | (337) | (4,293) | (402) | (11,026)
Related party finance (costs)/income | (143,209) |  | 252,937 |
Net finance income/(costs) | (124,839) | 6,922 | 281,308 | (3,629)
(Loss)/profit before tax | (147,885) | 7,863 | 231,370 | (23,569)
Income tax credit | 3,122 | 3,877 | 19,592 | 6,448
Net (loss)/profit for the period | (144,763) | 11,740 | 250,962 | (17,121)
Other comprehensive income: |  |  |  |
Foreign exchange translation differences | 6,227 | (239) | 2,151 | 1,162
Total other comprehensive income/(loss) for the period | 6,227 | (239) | 2,151 | 1,162
Total comprehensive (loss)/income for the period | £ (138,536) | £ 11,501 | £ 253,113 | £ (15,959)
Basic (loss)/earnings per share | £ (1.76) | £ 0.61 | £ 3.13 | £ (0.89)
Diluted (loss)/earnings per share | £ (1.76) | £ 0.61 | £ (0.02) | £ (0.89)

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