Final Results for the year ended 30 June 2016

Chairman’s Statement
Summary of Results in the year ended 30 June 2016
• The turnover of the Company increased 26% to £297,120 (2015: £235,486)
• The loss after net operating expenses (excluding share-based payments and operating exceptional costs) decreased 6% to £371,381 (2015: £395,329)
• The operating loss increased 4% to £431,561 (2015: £414,755)
• On 30 June 2016, the surplus of shareholders’ funds was £204,153 (2015: £325,617)
This year, Physiomics continued to build out its client base and extend its modelling and simulation services relationships with key existing clients. In addition, Physiomics appointed a new Chief Executive Officer with significant deal making experience.

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