| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.1 | 4.5 | 9.4 | 24.1 | 50.9 | 67.4 | +32.6% | |
| Cost of revenue | 6.3 | 2.2 | 3.2 | 16.7 | 36.8 | 49.9 | +35.6% | |
| Gross profit | 0.8 | 2.3 | 6.2 | 7.4 | 14.0 | 17.5 | +24.9% | |
| Operating expenses | 1.5 | 3.5 | 5.8 | 8.6 | 14.0 | 18.1 | +29.3% | |
| Operating income | (0.8) | (1.2) | 0.4 | (1.2) | (0.0) | (0.6) | −20366.7% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 | +283.4% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.1 | −80.3% | |
| Pre-tax income | (0.4) | (1.3) | 0.5 | (1.2) | 0.1 | (2.7) | −2463.5% | |
| Income tax | 0.0 | 0.0 | 0.1 | 0.0 | 0.2 | 0.5 | +191.9% | |
| Net income | (0.3) | (2.4) | 0.1 | (2.9) | (0.6) | (3.2) | −422.7% | |
| EPS, basic (per share) | (0.03) | (0.25) | 0.01 | (0.25) | (0.04) | (0.19) | −402.9% | |
| EPS, diluted (per share) | (0.03) | (0.25) | 0.01 | (0.25) | (0.04) | (0.19) | −402.9% | |
| EBITDA | (0.6) | (1.1) | 0.5 | (0.7) | 1.3 | 1.1 | −14.6% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.5 | 1.3 | 1.8 | +31.3% | |
| Weighted average shares (shares) | 9,584,020 | 9,584,020 | 9,584,020 | 11,663,959 | 15,997,000 | 16,610,267 | +3.8% | |
| Weighted average diluted shares (shares) | 9,584,020 | 9,584,020 | 9,584,020 | 11,663,959 | 15,997,000 | 16,610,267 | +3.8% | |
| Gross margin | 10.8% | 50.7% | 65.9% | 30.6% | 27.6% | 26.0% | −1.6 pts | |
| Operating margin | −10.7% | −27.5% | 4.2% | −5.0% | −0.0% | −0.9% | −0.9 pts | |
| Net margin | −4.1% | −52.3% | 0.9% | −12.2% | −1.2% | −4.7% | −3.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
