MET

Metir PLC

Industrial Goods and Services First-pass screen £2.77m

360/1000 Overall fit

AI beneficiary 35% 40

Operating leverage 25% 42

Valuation 25% 30

Downside protection 15% 26

First-pass take

Water testing equipment company pursuing AI-enhanced detection capabilities via Siemens partnership and PFAS technology development. Currently loss-making (£1.8m net loss on £0.23m revenue) with minimal cash (£188k) and thin equity (£183k), heavily dependent on Q1 2025 inflection and near-term commercialization success to avoid further capital raises.

Flags

loss-makinggoing-concernno-valuation-datamicro-capturnaroundcapital-dependentacquisition-led