Insig AI Reports 164% Revenue Surge and Extends Loan Notes for Digital Asset Push

Insig AI’s H1 revenue jumps 164% and funding secured for a digital asset push

Insig AI has used its AGM day to deliver a punchy update: first-half revenue is up sharply, fresh funding is in, and the balance sheet gets breathing space via extended debt and warrants. The Company is also openly exploring a new strategic direction around digital assets, leaning on its machine learning capabilities.

Here’s what it means for investors, why it matters, and what to watch next.

Headline numbers investors should know

Item	Detail
H1 revenue (six months to 30 Sep 2025)	Just under £440k
Year-on-year change	More than 164% ahead of the equivalent period last year
New funding	£1.0m gross, for working capital and strategic initiatives
Convertible loan notes (CLN) extensions	£1,000,000 (Richard Bernstein) and £500,000 (David Kyte) redemption moved to 31 Dec 2026
Warrants extensions	1,666,667 (Bernstein) and 1,388,889 (Kyte) expiry moved to 31 Mar 2027
Other instrument terms	All other terms unchanged; specific terms not disclosed in this RNS

Revenue growth: big percentage, modest base

Revenue for the six months to 30 September 2025 is now expected to be just under £440k, which is more than 164% up on the prior year’s first half. That is a strong growth rate off a modest base. Management also notes “very recent new sales leads” that give encouragement for the full-year outturn.

Why it matters: this tells us the commercial engine is picking up pace, but the absolute numbers are still small. The next checkpoint will be whether those new leads convert into signed contracts and recurring revenue. The Company does not disclose last year’s H1 revenue figure or any gross margin, so we cannot judge profitability at this stage.

£1.0m raise: funding sales and a potential digital asset vehicle

Insig AI has raised £1.0m gross for general working capital. The uses include bolstering sales activities and continuing to evaluate strategic options around investing in digital assets and related enterprises. The Directors believe a London-listed vehicle that gives investors digital asset exposure – guided by Insig AI’s machine learning data insights and managed by a team with a “proven track record” – could be highly attractive and scalable.

What the digital asset angle could mean

• Potential new product line: a structure that provides exposure to digital assets, enhanced by proprietary ML-driven insights.
• Diversification of revenue: moves Insig AI beyond pure software and analytics into investment-related offerings.
• Investor appeal: digital asset access in a listed UK vehicle may resonate with certain investors, especially if risk is clearly framed.

Important caveat: the RNS does not disclose the exact structure, timing, regulatory pathway, target assets, or fee model. This is still at the “evaluation” stage. Execution, compliance, and clear risk controls will be critical if the Company proceeds.

Convertible loan notes and warrants: deadline extensions remove near-term pressure

Insig AI has extended the redemption dates of its existing CLNs by 15 months to 31 December 2026: £1,000,000 issued to CEO Richard Bernstein and £500,000 to David Kyte. All other CLN terms remain unchanged, though specific details are not disclosed in this announcement.

The Company has also extended by 15 months the expiry dates of related warrants: 1,666,667 for Richard Bernstein and 1,388,889 for David Kyte, now expiring on 31 March 2027. Again, all other terms remain unchanged and pricing specifics are not disclosed here.

Why these extensions matter

• Liquidity relief: pushing out the CLN redemptions reduces near-term refinancing or cash repayment risk, supporting the balance sheet while sales ramp and strategy evolves.
• Ongoing overhang: extending warrant expiries maintains potential future dilution for longer. The exercise prices are not disclosed in this RNS, so it is not possible to gauge proximity to the current share price.
• Alignment signal: key backers are rolling their instruments forward, which can be read as a vote of confidence in the medium-term plan.

Related party oversight and governance check

Because Richard Bernstein is a director, revising his CLN and warrants constitutes a related party transaction under AIM Rule 13. The directors, excluding Richard Bernstein, consulted Zeus (the nominated adviser) and concluded the revised terms are fair and reasonable for shareholders.

This is the standard governance process for related party dealings on AIM and is a useful box ticked for investors who watch these matters closely.

Management tone: cautious optimism with a bolder strategic horizon

CEO Richard Bernstein said the Company is “pleased to have attracted fresh investment” to develop the business and “potentially” focus on digital assets. He also highlighted that extending the CLNs and warrants “strengthens our balance sheet during this important period.”

That tone fits the update: operational momentum is building, capital has been secured, and the digital asset exploration could widen the opportunity set if executed prudently.

Positives and watch-outs for shareholders

What looks positive

• Revenue growth of more than 164% year-on-year in H1, with fresh sales leads cited.
• £1.0m gross funding boosts working capital and sales execution capacity.
• CLN and warrant extensions ease near-term financial pressures and signal insider support.
• Potential for a differentiated, ML-informed digital asset offering.

What to watch carefully

• Scale still small: H1 revenue is just under £440k. Conversion of the sales pipeline will be key.
• Digital asset strategy specifics not disclosed: structure, timelines, regulatory permissions, and economics will determine viability.
• Dilution risk persists: warrant extensions maintain potential equity issuance, though exercise terms are not disclosed here.
• Financial detail limited: no cash balance, margins, or burn-rate data in this RNS.

What could move the share price next

• Signed contracts converting those “very recent” sales leads into recurring revenue.
• Clarity on the digital asset vehicle – mandate, structure, team, and regulatory approach.
• Further funding or partnerships that validate the strategy.
• Disclosures of CLN and warrant pricing terms in future documents, allowing investors to model dilution scenarios.

My take

This is a constructive update. Insig AI is showing real growth momentum from a low base, has topped up the tank with £1.0m, and has reduced near-term balance sheet tension by pushing out debt maturities. The potential digital asset angle could be a genuine differentiator if the Company can bottle its ML insights into an investable, compliant, and scalable product.

The flip side is that revenue remains modest, and details on the new strategy are thin for now. Extensions to the warrants keep dilution risk on the table, even if they also buy time. In short, the direction of travel looks positive, but delivery – especially on sales conversion and strategic clarity – will do the heavy lifting from here.