| GBP millions | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19.7 | 16.3 | 15.9 | 14.3 | 20.1 | 17.0 | −15.2% | |
| Cost of revenue | 12.7 | 13.1 | 9.5 | 9.5 | 12.1 | 10.0 | −17.3% | |
| Gross profit | 7.0 | 3.2 | 6.3 | 4.8 | 8.0 | 7.0 | −12.1% | |
| Research & development | 1.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 5.0 | 6.1 | 6.4 | 6.9 | 10.2 | 8.4 | −17.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 5.0 | 6.1 | 6.4 | 6.9 | 10.2 | 8.6 | −16.1% | |
| Operating income | 1.9 | (2.9) | (0.1) | (2.1) | (6.8) | (1.5) | +77.3% | |
| Interest expense | 0.1 | 0.3 | 0.2 | 0.2 | 0.1 | 1.2 | +1223.9% | |
| Interest income | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 1.3 | +1038.7% | |
| Other income / expense | (0.1) | (1.5) | (1.8) | (2.0) | 0.0 | 0.1 | +330.4% | |
| Pre-tax income | 1.8 | (4.3) | (1.9) | (4.1) | (6.8) | (1.4) | +78.7% | |
| Income tax | 0.2 | (0.1) | 0.3 | 0.1 | (0.2) | (0.1) | +70.2% | |
| Net income | 1.6 | (4.3) | (2.2) | (4.2) | (6.6) | (1.5) | +77.9% | |
| Discontinued operations | 0.0 | 6.5 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 2.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.09 | (0.25) | (0.13) | (0.23) | (0.24) | (0.05) | +78.3% | |
| EPS, diluted (per share) | 0.09 | (0.25) | (0.13) | (0.23) | (0.24) | (0.05) | +78.3% | |
| EBITDA | 4.1 | (3.7) | (1.4) | (3.0) | (4.6) | (0.4) | +92.3% | |
| Depreciation & amortization | 2.2 | 0.4 | 0.3 | 0.4 | 1.2 | 1.1 | −5.5% | |
| Weighted average shares (shares) | 17,135,542 | 17,143,646 | 17,230,702 | 18,111,180 | 27,943,180 | 27,943,180 | +0.0% | |
| Weighted average diluted shares (shares) | 17,659,183 | 17,143,646 | 17,230,702 | 18,111,180 | 27,943,180 | 27,943,180 | +0.0% | |
| Gross margin | 35.6% | 19.6% | 40.0% | 33.5% | 39.8% | 41.2% | +1.5 pts | |
| Operating margin | 9.8% | −17.7% | −0.4% | −14.6% | −33.8% | −9.1% | +24.8 pts | |
| Net margin | 8.1% | −26.4% | −13.9% | −29.7% | −32.8% | −8.6% | +24.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
