Insig AI strengthens balance sheet as revenue rises
By Josh White
Date: Thursday 16 Oct 2025
(Sharecast News) - Insig AI said on Thursday that revenue for the six months ended 30 September was expected to be just under £0.44m, up 164% year-on-year, as new sales leads and business development efforts begin to deliver results.
The AIM-traded provider of AI-led analytics and machine learning solutions said it recently raised £1m in gross proceeds to strengthen working capital, support sales activity and continue evaluating strategic options, including potential investment structures in digital assets and related enterprises.
It said it believed offering investors exposure to digital assets within a London-listed vehicle supported by its machine learning insights and an experienced investment team "can become a highly attractive and scalable offering."
Alongside its trading update, Insig AI announced that it had extended the redemption dates of its £1m and £500,000 convertible loan notes issued to chief executive Richard Bernstein and David Kyte respectively by 15 months to 31 December 2026.
The expiry dates of associated warrants - 1,666,667 held by Bernstein and 1,388,889 held by Kyte - were also extended by 15 months to 31 March 2027.
All other terms remained unchanged.
The revised terms relating to Bernstein's instruments constituted a related-party transaction under AIM rule 13.
Insig AI said its independent directors, after consultation with nominated adviser Zeus Capital, concluded that the terms were "fair and reasonable insofar as the Company's shareholders are concerned".
Bernstein said: "We're pleased to have attracted fresh investment which enables us to further develop the business alongside new opportunities including potentially focusing on digital assets.
"Furthermore, I'm pleased that the convertible loan notes and warrants have been extended, which strengthens our balance sheet during this important period for the company."
At 1525 BST, shares in Insig AI were down 4.12% at 31.16p.
Reporting by Josh White for Sharecast.com.
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