Ann: Application for preliminary discovery against Spookfish, page-62

Any profit imp will just be an accounting illusion imo. The cash at bank will tell the true story. If it has managed to keep growing that will be a positive sign.

The r&d grant if there is one will be in the next half accounts based on the past.

Re spookfish: correct me if I wrong but as long as spook can show they have materially advanced the tech it doesn't matter if the starting point was the same. No patent lawyer but that's what I gleaned from Google.