| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2 | 3.7 | 3.6 | 2.8 | 3.6 | 3.9 | +7.3% | |
| Cost of revenue | 0.5 | 0.5 | 0.5 | 0.6 | 0.9 | 1.2 | +26.7% | |
| Gross profit | 1.7 | 3.1 | 3.0 | 2.2 | 2.7 | 2.7 | +0.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 | +349.4% | |
| Selling, general & administrative | 1.8 | 2.5 | 3.0 | 9.0 | 2.7 | 3.5 | +29.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.8 | 2.5 | 3.0 | 9.0 | 2.7 | 2.9 | +9.6% | |
| Operating income | (0.1) | 0.6 | 0.0 | (6.8) | 0.0 | (0.2) | −669.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | −42.1% | |
| Other income / expense | (0.1) | (0.0) | (0.8) | 0.0 | (0.1) | (0.1) | −1.6% | |
| Pre-tax income | (0.1) | 0.6 | 0.0 | (6.7) | (0.0) | (0.3) | −968.0% | |
| Income tax | 0.0 | 0.2 | (0.8) | (0.1) | 0.0 | (0.1) | −395.1% | |
| Net income | (0.2) | 0.4 | 0.8 | (6.7) | (0.1) | (0.1) | −121.2% | |
| 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 | 0.01 | (0.06) | (0.00) | (0.00) | −100.0% | |
| EPS, diluted (per share) | (0.00) | 0.00 | 0.01 | (0.06) | (0.00) | (0.00) | −100.0% | |
| EBITDA | 0.0 | 0.9 | 0.3 | (6.5) | 0.4 | 0.2 | −37.1% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | +9.2% | |
| Weighted average shares (shares) | 96,425,598 | 116,332,457 | 117,718,533 | 117,923,393 | 117,923,393 | 117,923,393 | +0.0% | |
| Weighted average diluted shares (shares) | 96,425,598 | 118,297,010 | 120,002,622 | 117,923,393 | 117,923,393 | 117,923,393 | +0.0% | |
| Gross margin | 75.8% | 85.6% | 85.1% | 78.3% | 74.3% | 69.6% | −4.6 pts | |
| Operating margin | −4.1% | 17.5% | 1.3% | −242.8% | 1.0% | −5.2% | −6.2 pts | |
| Net margin | −8.7% | 10.8% | 22.5% | −239.3% | −1.8% | −3.7% | −1.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
