| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.5 | 21.7 | 31.7 | 35.7 | 32.8 | 54.3 | +65.5% | |
| Cost of revenue | 10.5 | 13.9 | 14.7 | 14.8 | 11.5 | 20.2 | +75.6% | |
| Gross profit | 4.0 | 7.8 | 16.9 | 20.9 | 21.3 | 34.1 | +60.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 5.2 | 7.1 | 15.5 | 19.8 | 19.4 | 33.1 | +70.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 5.2 | 7.1 | 15.5 | 19.8 | 19.4 | 29.8 | +53.4% | |
| Operating income | (2.2) | 0.5 | 1.5 | 1.1 | 1.9 | 4.3 | +127.6% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.4 | +124.1% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.1 | −61.9% | |
| Other income / expense | (0.1) | (0.1) | (0.0) | 0.1 | 0.1 | (3.6) | −6470.2% | |
| Pre-tax income | (2.3) | 0.5 | 1.5 | 1.1 | 2.0 | 0.7 | −65.1% | |
| Income tax | (0.2) | 0.2 | (0.6) | (2.3) | (0.3) | (0.8) | −168.0% | |
| Net income | (2.0) | 0.5 | 2.1 | 3.4 | 2.3 | 1.5 | −33.2% | |
| 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) | (0.00) | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | +933.3% | |
| EPS, diluted (per share) | (0.00) | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | +1000.0% | |
| EBITDA | (0.8) | 0.8 | 2.1 | 2.3 | 3.2 | 6.7 | +111.5% | |
| Depreciation & amortization | 1.4 | 0.3 | 0.6 | 1.1 | 1.0 | 2.4 | +133.7% | |
| Weighted average shares (shares) | 654,034,950 | 826,005,128 | 1,142,992,266 | 1,355,600,000 | 1,289,619,958 | 81,017,995 | −93.7% | |
| Weighted average diluted shares (shares) | 654,034,950 | 826,005,128 | 1,142,992,266 | 1,365,477,813 | 1,370,920,018 | 85,922,194 | −93.7% | |
| Gross margin | 27.4% | 36.0% | 53.5% | 58.5% | 65.0% | 62.9% | −2.1 pts | |
| Operating margin | −15.2% | 2.4% | 4.6% | 3.0% | 5.8% | 7.9% | +2.2 pts | |
| Net margin | −14.0% | 2.1% | 6.6% | 9.5% | 6.9% | 2.8% | −4.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
