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COG

Cambridge Cognition Holdings PLC

Health Care First-pass screen £17m
410/1000 Overall fit
AI beneficiary 35% 30
Operating leverage 25% 60
Valuation 25% 30
Downside protection 15% 55

First-pass take

Profitable healthcare IT company with 37% revenue growth, strong gross margins (86%), and controlled cost growth demonstrating emerging operating leverage. However, no AI strategy or beneficiary exposure evident. Valuation data absent from filing. Pharma customer base exposure to discretionary spending and lack of detailed competitive moat limit appeal.

Flags

no-valuation-datamicro-capno-ai-exposurepharma-cyclicalthin-doc