IXICO Plc

IXICO Plc

LLSE:IXI
9.75
GBX
+1.25
(+14.71%)
729.77MMarket Cap
Dec 08Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
0.21
0.13
0.15
0.16
0.16
0.2
0.19
0.18
0.14
0.12
0.07
- -
Basic EPS, GAAP
-0.69
- -
-0.08
-0.09
-0.06
-0.02
0.01
0.02
0.03
0.02
-0.02
-0.04
-0.02
- -
Free Cash Flow per Basic Share
-0.64
- -
-0.09
-0.06
-0.03
0.01
-0.01
0.02
-0.03
-0.02
-0.03
-0.05
-0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.52
0.25
0.18
0.15
0.1
0.16
0.17
0.2
0.24
0.26
0.24
0.2
0.13
0.12
Tangible Book Value per Share
0.52
0.22
0.16
0.13
0.09
0.16
0.16
0.18
0.18
0.16
0.11
0.06
0.05
0.04
Basic Weighted Avg Shares
7
15
15
24
27
34
47
47
48
48
48
48
89
93
Sales/Revenue/Turnover
- -
- -
3
3
4
5
8
10
9
9
7
6
7
- -
Operating Margin (%)
-51,800
- -
-42.31
-72.52
-33.49
-14.57
5.17
8.83
11.89
10.51
-20.29
-36.46
-38.51
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
- -
- -
- -
Net Income, GAAP
-5
- -
-1
-2
-2
-1
- -
1
2
1
-1
-2
-2
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-47,670
- -
-38.33
-64.84
-37.49
-12.38
5.71
9.99
16.45
11.94
-17.67
-34.7
-25.27
- -
Working Capital
4
3
2
3
3
7
7
8
8
8
5
3
4
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
- -
- -
Total Equity
4
4
3
4
3
7
8
9
11
12
11
9
12
11
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-36.62
-64.43
-46.87
-13.34
5.67
10.97
14.46
8.61
-9.85
-19.15
-15.57
- -

Capital Structure

GBP

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
93
Market Capitalization
8
12
7

Working Capital

GBP

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
7
6
5
Cash, Cash Equivalents & STI
5
4
2
Accounts Receivable, Net
2
1
2
Inventories
- -
- -
- -
Total Current Liabilities
2
2
2
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.08%
5.75%
24.02%
Free Cash Flow
-95.77%
-45.08%
-14.8%
Net Income, GAAP
-18.55%
-26.94%
-17.49%
Sales/Revenue/Turnover
9.56%
-6.52%
13.32%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6
2025
- -
- -
7
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.04
2025
- -
- -
-0.02
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Bram Goorden
Full Time Employees
79
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Griffin Court London GL United Kingdom EC1A 9PN
IPO Date
Sep 4, 2013
Website
ixico.com
Business
IXICO plc is a United Kingdom-based company specializing in neuroscience imaging and biomarker analytics, primarily serving the global biopharmaceutical industry. It provides technology-enabled specialty services including advanced imaging biomarker analysis; clinical trial management and operations; AI-driven data analytics platforms; drug development analytics; consultancy services; and post-marketing surveillance. IXICO’s services focus on neurological diseases such as Alzheimer’s, Parkinson’s, Huntington’s, and other rare neurodegenerative disorders. Their proprietary AI-driven platform enables precise imaging and biomarker measurement, supporting decision-making in drug safety, efficacy, patient eligibility, and disease progression during clinical trials. IXICO operates internationally, with significant presence in the UK, Europe, and expanding commercial activities notably in the United States. Founded in 2004 and headquartered in London, the company has built a 20-year track record as an end-to-end Imaging Contract Research Organisation (iCRO) in neuroscience clinical research. In the last 1-2 years, IXICO has undertaken major strategic initiatives including the appointment of Bram Goorden as CEO in 2024, who updated the company’s growth strategy focused on innovation, leadership, and scaling operations. The company completed a £4 million oversubscribed capital raise in October 2024 to fund expansion, particularly targeting growth in Alzheimer's and Parkinson's clinical trial markets and expanding its footprint in the US. IXICO reported revenue growth positive trends in 2024 and strong commercial momentum into 2025, with contract wins and pipeline expansion surpassing previous years. The company has intensified investments in AI-driven precision medicine innovation, clinical trial services, and expanded patient and trial data analytics capabilities. It continues to strengthen partnerships with global biopharma clients and expert imaging centers to maintain market leadership in neurological biomarker analysis and imaging solutions. IXICO’s core product and service portfolio includes imaging biomarker analytics; clinical trial imaging operations including site and project management; advanced AI algorithms for structural, molecular, and functional neuroimaging data analysis; digital data management; scientific and technical advisory services related to the use of biomarkers and imaging in neurology; and innovative AI-powered tools to monitor patient responses and support drug development decisions. The company supports all phases of clinical development from patient selection and trial monitoring to post-marketing surveillance. Its TrialTracker platform facilitates seamless coordination of complex clinical trial workflows on a secure digital platform, ensuring regulatory compliance and high-quality data delivery. IXICO serves the pharmaceutical, biotechnology, and research sectors, providing services globally with operations concentrated in the UK, Europe (including Switzerland, the Netherlands, Ireland), and extending its commercial reach in North America. It collaborates with leading pharma companies, innovative biotech firms, scientific consortia, and non-profit organizations focused on neurological disease research and treatment development. The company’s technology and scientific expertise are fundamental in advancing neuroscience drug discovery, de-risking clinical research, and accelerating the development and delivery of novel neurological therapies. In summary, IXICO plc is a leader in neuroscience imaging and biomarker analytics for neurological clinical trials, offering a comprehensive portfolio of AI-driven technology and expert services. The company’s recent strategic moves with leadership changes, capital raising, and market expansion reinforce its position in the growing neurodegenerative disease clinical research market. It continues to build on two decades of scientific innovation and operational excellence to support biopharma clients worldwide in developing new treatments for complex neurological disorders.

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