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Georgina Energy Results – still technically insolvent, when's the next placing vicar?

Tom Winnifrith
Saturday 30 May 2026

The audited results for the year ended 31 January 2026 came out yesterday and show that  Georgina Energy (GEX) made a pre-tax loss of £2,750,196.  Net liabilities increased from £1,509,250 to £3,039,061 after Georgina share capital increases of £1,225,048. It was technically insolvent and despite post period end fund raises it still is as it continues to bleed cash.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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