| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30.9 | 29.0 | 44.1 | 69.7 | 95.7 | 131.7 | +37.6% | |
| Cost of revenue | 10.4 | 10.7 | 20.1 | 36.0 | 43.4 | 57.8 | +33.3% | |
| Gross profit | 20.6 | 18.3 | 24.0 | 33.7 | 52.3 | 73.9 | +41.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 7.7 | 5.8 | 4.7 | 6.2 | 12.1 | 19.2 | +58.6% | |
| Selling & marketing | 4.1 | 1.2 | 1.2 | 1.9 | 2.6 | 4.0 | +56.8% | |
| Operating expenses | 22.7 | 24.9 | 25.5 | 29.7 | 43.4 | 63.9 | +47.2% | |
| Operating income | (2.1) | (6.6) | (3.3) | 3.7 | 8.9 | 10.0 | +12.0% | |
| Interest expense | 0.2 | 0.4 | 0.5 | 0.3 | 0.2 | 0.1 | −53.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.2) | (0.4) | (0.5) | (0.3) | 0.2 | 0.1 | −48.6% | |
| Pre-tax income | (8.0) | (9.0) | (3.8) | 3.4 | 9.1 | 10.1 | +10.6% | |
| Income tax | (2.6) | (2.1) | (1.6) | (0.1) | 1.4 | 2.7 | +93.4% | |
| Net income | (5.4) | (6.9) | (2.3) | 3.2 | 7.7 | 7.4 | −4.4% | |
| 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) | (0.03) | (0.04) | (0.01) | 0.02 | 0.04 | 0.04 | −6.9% | |
| EPS, diluted (per share) | (0.03) | (0.04) | (0.01) | 0.02 | 0.04 | 0.04 | −7.5% | |
| EBITDA | (3.5) | (2.9) | 3.9 | 11.1 | 17.6 | 18.7 | +6.6% | |
| Depreciation & amortization | 4.2 | 5.8 | 7.2 | 7.2 | 8.3 | 8.6 | +3.3% | |
| Weighted average shares (shares) | 167,096,081 | 178,602,918 | 178,959,402 | 180,304,802 | 183,624,192 | 188,354,225 | +2.6% | |
| Weighted average diluted shares (shares) | 167,096,081 | 178,602,918 | 178,959,402 | 187,583,788 | 193,444,728 | 200,034,765 | +3.4% | |
| Gross margin | 66.5% | 63.2% | 54.5% | 48.3% | 54.7% | 56.1% | +1.4 pts | |
| Operating margin | −6.9% | −22.8% | −7.4% | 5.3% | 9.3% | 7.6% | −1.7 pts | |
| Net margin | −17.4% | −24.0% | −5.1% | 4.6% | 8.1% | 5.6% | −2.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
