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Unicorn AIM VCT PLC (GB:UAV)
LSE:UAV
UK Market
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Unicorn AIM VCT (UAV) AI Stock Analysis

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GB:UAV

Unicorn AIM VCT

(LSE:UAV)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
65.00 p
▼(-27.78% Downside)
Action:Reiterated
Date:02/20/26
The score is held back primarily by weak financial performance: volatile, investment-driven results, a FY2025 net loss, and consistently negative operating cash flow despite a strong low-debt balance sheet. Technicals are supportive with an uptrend, but overbought indicators increase near-term risk. Valuation is helped by a high dividend yield, though the negative P/E underscores profitability concerns.
Positive Factors
Low leverage / conservative balance sheet
Near-zero leverage gives the trust durable financial flexibility: it can withstand investment mark-to-market volatility, avoid refinancing pressure, and preserve capacity to hold or support portfolio companies. This lowers insolvency risk and supports long-term NAV stability.
Negative Factors
Persistent negative operating cash flow
Consistently negative operating cash flow weakens self-funding capacity, forcing reliance on asset realisations or external financing to cover fees and distributions. Over time this can pressure NAV and compel reactive disposals in unfavorable markets, damaging long-term returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative balance sheet
Near-zero leverage gives the trust durable financial flexibility: it can withstand investment mark-to-market volatility, avoid refinancing pressure, and preserve capacity to hold or support portfolio companies. This lowers insolvency risk and supports long-term NAV stability.
Read all positive factors

Unicorn AIM VCT (UAV) vs. iShares MSCI United Kingdom ETF (EWC)

Unicorn AIM VCT Business Overview & Revenue Model

Company Description
Unicorn AIM VCT plc operates as a venture capital trust, primarily focused on making early-stage and growth-oriented investments. It diversifies its capital across a broad spectrum of industries, including software development, IT services, the ph...
How the Company Makes Money
Unicorn AIM VCT makes money primarily from investment returns generated by its portfolio rather than from selling products or services. Its key economic sources are: (1) Realised capital gains: profits crystallised when the VCT sells (or otherwise...

Unicorn AIM VCT Financial Statement Overview

Summary
Financials are mixed: a strong, low-leverage balance sheet (debt-to-equity near 0% and sizable equity) is offset by highly volatile, recently loss-making earnings (FY2025 net loss ~3.0m with weak ~16% gross margin) and persistently negative operating cash flow (FY2025 OCF ~-1.6m), raising concerns about durability of results and cash burn.
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
27
Negative
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue45.73M4.57M1.40M-5.67M-104.40M111.79M
Gross Profit41.94M746.00K1.40M-5.67M-104.48M117.85M
EBITDA31.61M-3.01M625.00K-10.59M72.00K111.29M
Net Income31.61M-3.01M625.00K-10.59M-105.10M111.06M
Balance Sheet
Total Assets181.27M196.65M201.45M213.56M222.81M372.69M
Cash, Cash Equivalents and Short-Term Investments5.13M2.63M4.42M5.36M23.75M3.64M
Total Debt0.000.000.0062.00K1.12M1.76M
Total Liabilities2.41M2.29M2.03M1.71M1.68M1.90M
Stockholders Equity178.87M194.36M199.42M211.86M221.13M370.80M
Cash Flow
Free Cash Flow-1.72M-1.65M-1.67M-2.85M-5.00M-4.49M
Operating Cash Flow-1.72M-1.65M-1.67M-2.85M-5.00M-4.44M
Investing Cash Flow35.06M1.63M13.40M-16.97M69.21M-12.66M
Financing Cash Flow-34.97M-1.77M-12.67M1.42M-44.10M-647.00K

Unicorn AIM VCT Technical Analysis

Technical Analysis Sentiment
Negative
Last Price90.00
Price Trends
50DMA
67.56
Positive
100DMA
69.85
Negative
200DMA
65.94
Positive
Market Momentum
MACD
0.24
Positive
RSI
44.48
Neutral
STOCH
37.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:UAV, the sentiment is Negative. The current price of 90 is above the 20-day moving average (MA) of 69.80, above the 50-day MA of 67.56, and above the 200-day MA of 65.94, indicating a neutral trend. The MACD of 0.24 indicates Positive momentum. The RSI at 44.48 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:UAV.

Unicorn AIM VCT Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
£175.12M4.59-1.60%13.44%642.79%
48
Neutral
£2.86M-213.45-37.63%-100.66%84.15%
46
Neutral
£32.70M-7.42-10.50%3.08%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:UAV
Unicorn AIM VCT
68.00
10.13
17.51%
GB:TRUE
Braveheart Investment
3.65
1.35
58.70%
GB:GV1O
Gresham House Renewable Energy VCT 1 PLC
33.00
0.00
0.00%
GB:PUAL
Puma Alpha VCT Plc
90.50
-7.00
-7.18%
GB:TPV
Triple Point VCT 2011 PLC
86.00
0.99
1.16%
GB:PU13
Puma VCT 13 PLC
117.50
1.00
0.86%

Unicorn AIM VCT Corporate Events

Business Operations and StrategyPrivate Placements and Financing
Unicorn AIM VCT Expands Share Base with New Equity Issue Under Ongoing Offer
Positive
May 20, 2026
Unicorn AIM VCT plc has issued 2,093,579 new ordinary shares under its current Offer for Subscription, launched in January to raise up to £20 million with a £15 million overallotment option. The shares, priced between 77.00p and 81.27p, ...
Business Operations and StrategyExecutive/Board Changes
Unicorn AIM VCT Strengthens Board with Appointment of Tamara Sakovska
Positive
May 15, 2026
Unicorn AIM VCT PLC, a UK-listed venture capital trust focused on growth companies on London’s Alternative Investment Market, continues to refresh its board as part of its governance and oversight strategy. The trust targets smaller, high-po...
Regulatory Filings and Compliance
Unicorn AIM VCT Updates Share Capital and Voting Rights for FCA Disclosure
Neutral
May 1, 2026
Unicorn AIM VCT plc has reported that, as of 30 April 2026, it has 255,441,114 ordinary shares in issue, each carrying one voting right, and confirms that it holds no shares in treasury. This updated share capital and voting rights figure serves a...
Business Operations and StrategyPrivate Placements and Financing
Unicorn AIM VCT Expands Capital Base With New Share Issue
Positive
Apr 2, 2026
Unicorn AIM VCT plc has issued 14,275,133 new ordinary shares at prices between 74.39p and 79.80p per share as part of its ongoing Offer for Subscription to raise up to £20 million, with a £15 million overallotment option. The new shares...
Regulatory Filings and Compliance
Unicorn AIM VCT Confirms Total Voting Rights and Share Capital
Neutral
Apr 1, 2026
Unicorn AIM VCT plc reported that as of 31 March 2026 it had 241,165,981 ordinary shares in issue, each carrying one voting right, and confirmed that it holds no shares in treasury. This disclosure establishes the total voting rights figure that s...
Business Operations and StrategyPrivate Placements and Financing
Unicorn AIM VCT Expands Fundraise After Strong Investor Demand
Positive
Mar 12, 2026
Unicorn AIM VCT plc has reported strong investor interest in its latest share offer, launched in late January to raise up to £20 million through the issue of new ordinary shares. With subscriptions already exceeding 90% of the initial target ...
Business Operations and StrategyStock Buyback
Unicorn AIM VCT Cuts Share Count with Targeted Buyback
Positive
Mar 10, 2026
Unicorn AIM VCT PLC has repurchased 359,510 of its own ordinary shares, representing about 0.15% of its issued share capital, at a price of 72.5 pence per share for cancellation. The transaction, which reduces the number of shares in issue to 241,...
Private Placements and Financing
Unicorn AIM VCT Expands Capital Base with New Share Issue
Positive
Mar 6, 2026
Unicorn AIM VCT plc has issued 16,736,212 new ordinary shares at prices between 83.18p and 87.21p per share under its ongoing offer for subscription, which is seeking to raise up to £20 million with an additional £15 million overallotmen...
DividendsPrivate Placements and FinancingRegulatory Filings and Compliance
Unicorn AIM VCT Expands Share Capital Through Dividend Reinvestment Issue
Positive
Mar 5, 2026
Unicorn AIM VCT plc has issued 10,667,972 new ordinary shares at 81.1 pence each to shareholders who chose to reinvest their special dividend of 23.0 pence per share via the company’s Dividend Reinvestment Scheme. This move reflects ongoing ...
Regulatory Filings and Compliance
Unicorn AIM VCT Updates Total Voting Rights and Share Capital
Neutral
Mar 2, 2026
Unicorn AIM VCT plc has reported that, as of 28 February 2026, it has 214,121,307 ordinary shares in issue, each carrying one voting right, and the company holds no shares in treasury. This updated share capital and voting rights figure serves as ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 20, 2026