| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3 | 3.0 | 5.6 | 7.1 | 8.8 | 4.9 | −43.9% | |
| Cost of revenue | 0.4 | 0.8 | 1.7 | 2.7 | 2.9 | 2.5 | −13.3% | |
| Gross profit | 0.9 | 2.2 | 3.9 | 4.4 | 5.5 | 2.4 | −56.0% | |
| Research & development | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | −100.0% | |
| Selling, general & administrative | 1.5 | 2.2 | 3.2 | 4.6 | 5.1 | 3.6 | −28.3% | |
| Selling & marketing | 0.0 | 2.1 | 3.0 | 4.4 | 4.9 | 0.0 | −100.0% | |
| Operating expenses | 2.0 | 2.3 | 3.5 | 5.5 | 5.5 | 3.6 | −33.6% | |
| Operating income | (1.1) | (0.4) | 0.4 | (1.1) | 0.4 | (1.2) | −370.3% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | +40.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +11.6% | |
| Other income / expense | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (1.7) | −2990.7% | |
| Pre-tax income | (1.2) | (0.5) | 0.3 | (1.2) | 0.4 | (2.9) | −858.5% | |
| Income tax | (0.3) | (0.2) | (0.0) | (0.2) | 0.0 | 0.1 | +876711.1% | |
| Net income | (0.9) | (0.4) | 0.4 | (1.0) | 0.4 | (3.0) | −878.8% | |
| 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 | — | |
| EPS, basic (per share) | (0.14) | (0.05) | 0.05 | (0.13) | 0.05 | (0.38) | −883.5% | |
| EPS, diluted (per share) | (0.14) | (0.05) | 0.05 | (0.13) | 0.05 | (0.38) | −883.5% | |
| EBITDA | (0.8) | (0.2) | 0.7 | (0.1) | 0.9 | (0.7) | −180.5% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | +26.2% | |
| Weighted average shares (shares) | 6,944,445 | 6,944,445 | 7,019,909 | 7,977,000 | 8,017,629 | 8,012,000 | −0.1% | |
| Weighted average diluted shares (shares) | 6,944,445 | 6,944,445 | 7,166,919 | 7,977,000 | 8,017,629 | 8,012,000 | −0.1% | |
| Gross margin | 66.5% | 71.8% | 70.4% | 62.6% | 62.4% | 48.9% | −13.5 pts | |
| Operating margin | −84.6% | −14.3% | 8.0% | −15.2% | 5.0% | −24.3% | −29.4 pts | |
| Net margin | −69.9% | −11.9% | 6.4% | −14.2% | 4.4% | −61.2% | −65.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
