| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.1 | 124.8 | 139.7 | 149.5 | 152.3 | 158.4 | +4.0% | |
| Cost of revenue | 13.1 | 28.4 | 35.8 | 35.3 | 33.3 | 41.5 | +24.6% | |
| Gross profit | 43.0 | 96.4 | 104.0 | 114.2 | 119.0 | 116.9 | −1.8% | |
| Research & development | 31.8 | 43.2 | 49.6 | 47.3 | 44.5 | 43.5 | −2.2% | |
| Selling, general & administrative | 73.3 | 82.9 | 91.2 | 104.3 | 105.8 | 107.4 | +1.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 73.3 | 82.9 | 91.2 | 104.3 | 105.8 | 102.1 | −3.6% | |
| Operating income | (30.4) | 13.5 | 12.8 | 9.9 | 13.2 | 14.8 | +12.6% | |
| Interest expense | 1.1 | 0.9 | 0.6 | 1.6 | 1.8 | 1.4 | −21.1% | |
| Interest income | 0.0 | 0.0 | 0.2 | 1.0 | 0.8 | 1.3 | +52.5% | |
| Other income / expense | (2.5) | (1.4) | (0.3) | (1.1) | (1.5) | (0.2) | +86.8% | |
| Pre-tax income | (32.9) | 12.1 | 12.4 | 8.8 | 11.7 | 14.6 | +25.2% | |
| Income tax | (3.0) | (9.9) | 2.4 | 1.1 | 2.6 | 3.4 | +31.1% | |
| Net income | (29.9) | 22.0 | 10.1 | 7.7 | 9.1 | 11.2 | +23.5% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.85) | 0.53 | 0.24 | 0.19 | 0.22 | 0.28 | +27.3% | |
| EPS, diluted (per share) | (0.82) | 0.51 | 0.23 | 0.19 | 0.22 | 0.27 | +22.7% | |
| EBITDA | (24.9) | 16.0 | 25.3 | 21.1 | 21.9 | 22.3 | +1.7% | |
| Depreciation & amortization | 2.7 | 4.2 | 12.4 | 10.6 | 8.5 | 7.5 | −11.9% | |
| Weighted average shares (shares) | 35,213,000 | 41,240,000 | 41,196,000 | 40,080,000 | 40,593,000 | 39,287,000 | −3.2% | |
| Weighted average diluted shares (shares) | 36,196,000 | 42,792,000 | 42,888,000 | 41,200,000 | 41,626,000 | 40,693,000 | −2.2% | |
| Gross margin | 76.6% | 77.2% | 74.4% | 76.4% | 78.1% | 73.8% | −4.3 pts | |
| Operating margin | −54.1% | 10.8% | 9.1% | 6.6% | 8.6% | 9.4% | +0.7 pts | |
| Net margin | −53.2% | 17.6% | 7.2% | 5.1% | 6.0% | 7.1% | +1.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
