| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.0 | 67.1 | (21.9) | (57.7) | (44.3) | (2.2) | +95.0% | |
| Cost of revenue | 3.2 | 2.8 | 2.5 | 2.6 | 2.7 | 2.1 | −22.6% | |
| Gross profit | 12.8 | 64.3 | (24.4) | (60.2) | (8.4) | (2.2) | +73.3% | |
| Research & development | 1.0 | 0.9 | 1.1 | 1.1 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | +28.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | +28.5% | |
| Operating income | 15.5 | 66.7 | (22.4) | (58.2) | (44.8) | (2.9) | +93.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 1.0 | 1.0 | 0.8 | −19.3% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (0.0) | +68.9% | |
| Pre-tax income | 15.5 | 66.7 | (22.4) | (58.2) | (44.8) | (2.9) | +93.4% | |
| Income tax | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | — | |
| Net income | 15.5 | 66.7 | (22.4) | (58.2) | (44.8) | (2.9) | +93.4% | |
| 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) | 0.17 | 0.62 | (0.18) | (0.39) | (0.30) | (0.02) | +93.3% | |
| EPS, diluted (per share) | 0.17 | 0.62 | (0.18) | (0.39) | (0.30) | (0.02) | +93.3% | |
| EBITDA | 15.8 | 66.7 | (22.2) | (58.2) | (44.8) | (2.9) | +93.5% | |
| Depreciation & amortization | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 89,499,000 | 107,333,000 | 126,840,000 | 150,111,000 | 150,838,000 | 149,538,000 | −0.9% | |
| Weighted average diluted shares (shares) | 89,499,000 | 107,333,000 | 126,840,000 | 150,111,000 | 150,838,000 | 149,538,000 | −0.9% | |
| Gross margin | 79.9% | 95.8% | 111.3% | 104.5% | 18.9% | 100.0% | +81.1 pts | |
| Operating margin | 97.2% | 99.3% | 102.3% | 101.0% | 101.2% | 131.6% | +30.4 pts | |
| Net margin | 97.2% | 99.3% | 102.3% | 101.0% | 101.2% | 131.6% | +30.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
