GenIP PLC (LSE:GNIP) said it was “optimistic about the opportunities ahead” in 2025, as demand rises for artificial intelligence tools that support university research and commercial innovation.
The recently listed group, which provides generative AI solutions to help organisations commercialise new technologies, said its AI-enabled products were already improving its core offering and contributing to a growing pipeline of contracts.
It said it expected further growth in customer relationships and revenue as strategic initiatives roll out in the coming year.
“With several strategic initiatives underway, GenIP is well-positioned for expansion and success,” said Melissa Cruz, chief executive.
The company, which floated on London’s junior AIM market in October 2024, reported an operating loss of $888,545 in its first audited results. Revenue for the period from incorporation in February to year-end was $123,015.
Cash and cash equivalents stood at $972,364, with net assets of $1.27 million.
GenIP raised £1.75 million at the time of its listing to support its growth strategy.
Since then, it has expanded its sales and marketing team and introduced new services enhanced by generative AI, which it says have created operational efficiencies and opened new revenue streams.
It also reported a growing order book, with some clients paying in advance.
Cruz said the company had “cultivated strong relationships within the technology transfer and innovation community” and had already secured contracts for delivery in 2025.
Since the year-end, GenIP has continued to integrate AI tools into its technology evaluation platform and executive recruitment services.
It said it would focus on expanding client relationships, refining services, and maintaining tight financial controls while investing in areas that support long-term revenue growth.