| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.7 | 10.7 | 14.4 | 35.2 | 31.0 | 29.8 | −3.7% | |
| Cost of revenue | 6.1 | 7.2 | 9.4 | 25.3 | 20.3 | 20.4 | +0.3% | |
| Gross profit | 2.6 | 3.5 | 5.0 | 10.0 | 10.7 | 9.5 | −11.5% | |
| Research & development | 1.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 2.6 | 2.9 | 3.7 | 7.8 | 8.8 | 9.9 | +11.6% | |
| Selling & marketing | 0.6 | 0.8 | 0.8 | 1.3 | 1.4 | 1.4 | +0.2% | |
| Operating expenses | 2.6 | 4.0 | 3.9 | 8.8 | 10.6 | 7.6 | −28.5% | |
| Operating income | 0.0 | 0.5 | 1.2 | 1.8 | 0.1 | 1.9 | +2433.8% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.5 | 1.0 | 1.0 | −3.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.5) | (0.8) | 0.1 | (0.6) | (1.0) | (1.7) | −62.5% | |
| Pre-tax income | (0.5) | (0.3) | 1.3 | 1.3 | (0.9) | 0.2 | +122.8% | |
| Income tax | (0.1) | (0.1) | 0.4 | (0.0) | (0.0) | (0.4) | −1175.8% | |
| Net income | (0.8) | 0.5 | 1.0 | 1.3 | (0.9) | 0.6 | +169.7% | |
| Discontinued operations | 0.0 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | (0.4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.01) | (0.00) | 0.01 | 0.01 | (0.01) | 0.01 | +170.6% | |
| EPS, diluted (per share) | (0.01) | (0.00) | 0.01 | 0.01 | (0.01) | 0.01 | +170.6% | |
| EBITDA | 1.7 | 1.2 | 2.2 | 3.4 | 2.0 | 2.9 | +47.4% | |
| Depreciation & amortization | 2.0 | 1.4 | 0.8 | 1.7 | 1.9 | 1.7 | −10.1% | |
| Weighted average shares (shares) | 82,614,865 | 83,032,453 | 81,113,698 | 87,123,068 | 89,554,180 | 89,041,078 | −0.6% | |
| Weighted average diluted shares (shares) | 82,614,865 | 83,032,453 | 82,482,928 | 87,225,632 | 89,693,759 | 89,041,078 | −0.7% | |
| Gross margin | 30.2% | 32.8% | 34.5% | 28.3% | 34.4% | 31.7% | −2.8 pts | |
| Operating margin | 0.4% | 4.6% | 8.3% | 5.2% | 0.2% | 6.3% | +6.0 pts | |
| Net margin | −9.4% | 4.4% | 6.7% | 3.6% | −2.9% | 2.1% | +5.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
