Candessa AI first-half revenue rises 63%; board reviews proposed investment
Candessa AI reported revenue of £540,000 for the six months to 30 September, up 63% from the previous six months. It also said the board had received its CEO’s expression of interest in an equity investment of up to £600,000.
Event / data period: 2026-09-30
Published: · Updated:
The proposal is not completed financing: the company said the board was evaluating it and that related-party rules would apply if an investment proceeded. Net cash plus an R&D tax credit expected imminently totalled about £300,000.
Data
Candessa AI revenue
Revenue by financial period, £ million; source figures reported in £ thousand.
| Six months to 30 September 2026 | 0.54 |
| Year ended 31 March 2026 | 0.769 |
Methodology
Amounts reported in £ thousand were converted to £ million by dividing by 1,000; no other calculation was added.
Updated:
Subjects and places
Subject proposals
- Corporate earningsSuggested
- Subject suggested from the title or summary: reported revenuewww.investegate.co.uk ↗
- Artificial intelligenceSuggested
- Subject suggested from the title or summary: AIwww.investegate.co.uk ↗
Geographic references
Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.
- United Kingdom · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.investegate.co.uk ↗