| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.8 | 1.7 | 0.7 | 0.4 | 0.5 | 0.8 | +45.2% | |
| Cost of revenue | 0.6 | 3.0 | 2.8 | 1.6 | 0.4 | 0.5 | +19.5% | |
| Gross profit | 0.2 | (1.3) | (2.1) | (1.2) | 0.2 | 0.3 | +109.7% | |
| Operating expenses | 1.2 | 3.0 | 2.6 | 1.0 | 1.8 | 2.2 | +21.2% | |
| Operating income | (1.0) | (4.3) | (4.8) | (2.2) | (1.7) | (1.9) | −13.3% | |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | 0.3 | +108.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | +78.6% | |
| Pre-tax income | (0.8) | (3.2) | (21.4) | (17.7) | (6.1) | (2.1) | +65.8% | |
| Income tax | 0.0 | 0.9 | (2.9) | (1.6) | (1.4) | (0.2) | +82.8% | |
| Net income | (0.8) | (4.2) | (18.6) | (16.0) | (4.8) | (1.9) | +61.0% | |
| EPS, basic (per share) | (0.02) | (0.04) | (0.18) | (0.16) | (0.04) | (0.02) | +63.0% | |
| EPS, diluted (per share) | (0.02) | (0.04) | (0.18) | (0.16) | (0.04) | (0.02) | +63.0% | |
| EBITDA | (1.0) | (2.0) | (1.9) | (0.6) | (1.7) | (1.9) | −12.6% | |
| Depreciation & amortization | 0.0 | 2.2 | 2.8 | 1.6 | 0.0 | 0.0 | +381.4% | |
| Weighted average shares (shares) | 39,689,000 | 95,267,869 | 103,757,837 | 100,155,706 | 116,446,500 | 122,617,476 | +5.3% | |
| Weighted average diluted shares (shares) | 39,689,000 | 95,267,869 | 103,757,837 | 100,155,706 | 116,446,500 | 122,617,476 | +5.3% | |
| Gross margin | 23.5% | −73.2% | −309.4% | −326.9% | 28.4% | 41.0% | +12.6 pts | |
| Operating margin | −124.9% | −249.9% | −689.1% | −597.0% | −317.0% | −247.4% | +69.6 pts | |
| Net margin | −101.6% | −245.9% | −2,676.0% | −4,329.7% | −898.3% | −241.4% | +656.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
