| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28.4 | 35.8 | 35.9 | 30.2 | 28.0 | 27.4 | −2.3% | |
| Cost of revenue | 20.3 | 25.5 | 26.1 | 22.7 | 20.7 | 20.3 | −2.0% | |
| Gross profit | 8.1 | 10.3 | 9.8 | 7.5 | 7.3 | 7.1 | −3.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.8 | 2.4 | 2.9 | 8.2 | 3.2 | 3.4 | +8.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 4.9 | 0.0 | 0.0 | — | |
| Operating expenses | 6.1 | 10.9 | 8.7 | 9.4 | 7.1 | 8.0 | +13.0% | |
| Operating income | 2.1 | (0.6) | 1.1 | (1.9) | 0.2 | (0.9) | −508.8% | |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +140.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −33.3% | |
| Other income / expense | (0.1) | (0.0) | 0.0 | 0.1 | 0.1 | 0.1 | −13.4% | |
| Pre-tax income | 2.0 | (0.6) | 1.1 | (1.8) | 0.3 | (0.8) | −344.7% | |
| Income tax | 0.5 | (0.1) | 0.7 | 1.1 | (0.1) | 0.3 | +453.1% | |
| Net income | 1.5 | (0.5) | 0.5 | (2.9) | 0.4 | (1.1) | −365.6% | |
| 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) | 0.06 | (0.02) | 0.02 | (0.10) | 0.01 | (0.04) | −365.0% | |
| EPS, diluted (per share) | 0.05 | (0.02) | 0.01 | (0.10) | 0.01 | (0.04) | −365.0% | |
| EBITDA | 2.2 | (0.4) | 1.3 | (1.6) | 0.6 | (0.6) | −201.0% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.3 | +40.6% | |
| Weighted average shares (shares) | 24,913,036 | 28,024,038 | 30,027,971 | 30,027,971 | 30,027,971 | 30,027,971 | +0.0% | |
| Weighted average diluted shares (shares) | 27,629,205 | 30,288,716 | 33,212,238 | 30,027,971 | 30,027,971 | 30,027,971 | +0.0% | |
| Gross margin | 28.6% | 28.9% | 27.3% | 24.7% | 26.1% | 25.9% | −0.2 pts | |
| Operating margin | 7.5% | −1.6% | 3.1% | −6.4% | 0.8% | −3.4% | −4.2 pts | |
| Net margin | 5.3% | −1.4% | 1.4% | −9.7% | 1.5% | −4.1% | −5.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
