| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 534.7 | 415.7 | 403.9 | 385.2 | 389.5 | 398.9 | +2.4% | |
| Cost of revenue | 482.8 | 373.6 | 359.7 | 341.8 | 349.5 | 360.1 | +3.0% | |
| Gross profit | 51.9 | 42.1 | 44.2 | 43.4 | 40.1 | 38.8 | −3.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 46.3 | 40.7 | 44.0 | 41.3 | 37.9 | 36.5 | −3.9% | |
| Selling & marketing | 0.8 | 1.0 | 0.8 | 0.5 | 0.0 | 0.0 | — | |
| Operating expenses | 46.3 | 40.7 | 44.0 | 41.3 | 39.0 | 36.5 | −6.5% | |
| Operating income | 5.6 | 1.4 | 0.2 | 2.1 | 1.1 | 2.3 | +115.6% | |
| Interest expense | 1.4 | 0.5 | 0.3 | 0.1 | 0.1 | 0.1 | +47.7% | |
| Interest income | 0.0 | 0.1 | 0.0 | 0.4 | 0.8 | 0.5 | −32.9% | |
| Other income / expense | (2.2) | (0.6) | 0.3 | (0.8) | 0.6 | 0.3 | −55.0% | |
| Pre-tax income | 1.3 | 0.8 | (4.7) | 2.8 | 1.7 | 2.6 | +54.5% | |
| Income tax | 0.6 | 0.0 | (0.5) | 1.0 | 0.9 | 0.7 | −19.0% | |
| Net income | (1.8) | (0.4) | (4.6) | 1.2 | 0.2 | 2.2 | +1082.8% | |
| Discontinued operations | 0.0 | (1.2) | (0.3) | (0.5) | (0.6) | 0.3 | +158.6% | |
| Other net income adjustments | (2.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.06) | (0.01) | (0.14) | 0.04 | 0.01 | 0.07 | +1108.5% | |
| EPS, diluted (per share) | (0.06) | (0.01) | (0.14) | 0.04 | 0.01 | 0.07 | +1089.7% | |
| EBITDA | 6.6 | 3.5 | (2.3) | 6.0 | 3.4 | 4.1 | +22.0% | |
| Depreciation & amortization | 3.9 | 2.2 | 2.2 | 1.5 | 1.6 | 1.4 | −12.8% | |
| Weighted average shares (shares) | 32,284,999 | 32,290,000 | 32,290,000 | 32,196,000 | 31,587,000 | 30,843,742 | −2.4% | |
| Weighted average diluted shares (shares) | 32,284,999 | 32,290,000 | 32,290,000 | 32,683,000 | 32,247,000 | 31,875,742 | −1.2% | |
| Gross margin | 9.7% | 10.1% | 10.9% | 11.3% | 10.3% | 9.7% | −0.6 pts | |
| Operating margin | 1.0% | 0.3% | 0.0% | 0.5% | 0.3% | 0.6% | +0.3 pts | |
| Net margin | −0.3% | −0.1% | −1.1% | 0.3% | 0.0% | 0.6% | +0.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
