Ann: Full Year Statutory Accounts 2024, page-3

Revenue down 23%, expenses up 4% and a 20% increase in losses for the year.

and this:




Clearpay held for sale, the JV has some cash in it, so presumably NSX will be paid something for it and that will help keep the lights on a bit longer. The Clearpay JV made no revenue other than interest on cash, and its expenses were such that it appears to be mothballed.




Is this business actually worth anything? I doubt it. It survives on the patronage of the controlling shareholder for reasons I dont understand. If the ends, the business will enter admin. At this stage though, the support is ongoing.