| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.9 | 20.9 | 20.1 | 22.3 | 24.6 | 26.0 | +6.0% | |
| Cost of revenue | 3.8 | 3.1 | 2.6 | 2.2 | 2.1 | 4.8 | +123.6% | |
| Gross profit | 13.0 | 17.8 | 17.5 | 20.2 | 22.4 | 21.3 | −5.2% | |
| Research & development | 3.5 | 3.4 | 3.5 | 1.6 | 1.5 | 2.1 | +41.4% | |
| Selling, general & administrative | 14.5 | 14.5 | 14.9 | 12.9 | 14.1 | 21.9 | +55.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 16.8 | 16.6 | 16.9 | 20.2 | 21.9 | 21.9 | +0.0% | |
| Operating income | (3.7) | 1.1 | 0.7 | (0.0) | 0.5 | (0.7) | −237.8% | |
| Interest expense | 0.3 | 0.4 | 0.3 | 0.2 | 0.0 | 0.0 | +2.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | −51.5% | |
| Other income / expense | (0.3) | 0.2 | (0.3) | (0.1) | 0.1 | 0.0 | −82.2% | |
| Pre-tax income | (4.0) | 1.4 | 0.4 | (0.2) | 0.6 | (0.7) | −220.1% | |
| Income tax | (0.2) | (0.1) | (0.2) | 0.0 | 0.1 | 0.1 | +5.7% | |
| Net income | (3.8) | 1.5 | 0.6 | (0.2) | 0.5 | (0.7) | −245.8% | |
| 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 | +100.0% | |
| EPS, basic (per share) | (0.01) | 0.00 | 0.00 | (0.00) | 0.00 | (0.00) | −250.0% | |
| EPS, diluted (per share) | (0.01) | 0.00 | 0.00 | (0.00) | 0.00 | (0.00) | −240.0% | |
| EBITDA | (1.2) | 2.4 | 1.2 | 2.1 | 2.8 | 1.8 | −36.8% | |
| Depreciation & amortization | 2.6 | 0.6 | 0.5 | 2.0 | 2.2 | 2.5 | +10.4% | |
| Weighted average shares (shares) | 473,000,000 | 494,852,000 | 495,900,000 | 501,474,926 | 505,623,000 | 495,747,500 | −2.0% | |
| Weighted average diluted shares (shares) | 494,852,000 | 513,765,999 | 511,148,000 | 500,221,000 | 505,623,000 | 510,430,000 | +1.0% | |
| Gross margin | 77.3% | 85.1% | 87.2% | 90.3% | 91.3% | 81.7% | −9.6 pts | |
| Operating margin | −22.2% | 5.5% | 3.4% | −0.1% | 2.0% | −2.6% | −4.6 pts | |
| Net margin | −22.4% | 7.3% | 2.8% | −0.8% | 2.0% | −2.8% | −4.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
