| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0 | 6.3 | 29.8 | 26.2 | 111.4 | (22.0) | −119.8% | |
| Cost of revenue | (10.0) | (8.2) | (9.6) | (10.1) | 9.1 | 3.9 | −57.2% | |
| Gross profit | 13.0 | 14.5 | 39.4 | 36.3 | 102.3 | (25.9) | −125.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.0 | 1.0 | 1.0 | 1.0 | 1.4 | 1.0 | −23.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.0 | 1.0 | 1.0 | 1.0 | 2.9 | 1.2 | −60.3% | |
| Operating income | 3.7 | 5.8 | 30.0 | 27.7 | 102.2 | (27.1) | −126.5% | |
| Interest expense | 1.3 | 0.3 | 0.9 | 2.8 | 2.6 | 3.9 | +48.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | −39.3% | |
| Other income / expense | (1.7) | (0.5) | (1.2) | (2.5) | (2.8) | (3.9) | −37.4% | |
| Pre-tax income | 2.0 | 5.3 | 28.8 | 25.1 | 99.3 | (27.1) | −127.3% | |
| Income tax | 0.9 | 0.9 | 1.2 | 1.3 | 0.9 | 0.8 | −10.0% | |
| Net income | 1.1 | 4.4 | 27.5 | 23.8 | 98.4 | (27.9) | −128.4% | |
| 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) | 0.01 | 0.04 | 0.26 | 0.23 | 1.13 | (0.44) | −138.9% | |
| EPS, diluted (per share) | 0.01 | 0.04 | 0.26 | 0.23 | 1.13 | (0.44) | −138.9% | |
| EBITDA | 3.4 | 5.8 | 30.0 | 27.7 | 102.2 | (27.1) | −126.5% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23.2 | — | |
| Weighted average shares (shares) | 112,868,089 | 110,313,831 | 104,610,414 | 101,303,712 | 86,830,281 | 63,339,331 | −27.1% | |
| Weighted average diluted shares (shares) | 112,868,089 | 110,313,831 | 104,610,414 | 101,303,712 | 86,830,217 | 63,339,331 | −27.1% | |
| Gross margin | 429.9% | 228.8% | 132.3% | 138.8% | 91.8% | 117.7% | +25.8 pts | |
| Operating margin | 121.6% | 91.5% | 100.7% | 105.6% | 91.7% | 123.0% | +31.3 pts | |
| Net margin | 35.5% | 69.9% | 92.4% | 90.9% | 88.4% | 126.6% | +38.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
