| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24.8 | 35.4 | 43.2 | 41.9 | 72.7 | 56.7 | −22.0% | |
| Cost of revenue | 17.7 | 29.2 | 33.7 | 35.0 | 59.8 | 48.5 | −18.9% | |
| Gross profit | 7.1 | 6.2 | 9.5 | 6.9 | 12.8 | 8.1 | −36.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.4 | 1.7 | 1.8 | 2.5 | 2.6 | 3.0 | +16.0% | |
| Selling & marketing | (0.2) | (0.0) | (0.5) | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.4 | 1.7 | 1.8 | 2.5 | 3.1 | 4.4 | +43.5% | |
| Operating income | 5.6 | 4.5 | 7.7 | 4.4 | 9.8 | 3.7 | −62.6% | |
| Interest expense | 0.4 | 0.4 | 0.7 | 1.2 | 1.8 | 1.9 | +3.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | +25.5% | |
| Other income / expense | 0.0 | (0.9) | (1.8) | (1.0) | (3.8) | (1.7) | +55.5% | |
| Pre-tax income | 5.7 | 3.7 | 5.8 | 3.4 | 6.0 | 2.0 | −67.1% | |
| Income tax | 2.4 | 0.9 | 1.9 | 0.4 | 1.7 | 0.8 | −51.2% | |
| Net income | (3.1) | 1.7 | 3.6 | 2.8 | 4.2 | 1.0 | −75.9% | |
| Discontinued operations | (5.3) | (0.6) | 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) | (0.02) | 0.01 | 0.02 | 0.02 | 0.03 | 0.01 | −76.1% | |
| EPS, diluted (per share) | (0.02) | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | −75.8% | |
| EBITDA | 7.3 | 4.6 | 7.1 | 4.6 | 8.4 | 3.2 | −61.7% | |
| Depreciation & amortization | 1.2 | 0.6 | 0.6 | 0.6 | 0.6 | 0.9 | +54.3% | |
| Weighted average shares (shares) | 167,441,000 | 169,774,000 | 171,018,000 | 167,783,000 | 167,791,500 | 168,435,000 | +0.4% | |
| Weighted average diluted shares (shares) | 167,441,000 | 170,561,000 | 173,057,000 | 169,682,000 | 169,442,162 | 169,106,000 | −0.2% | |
| Gross margin | 28.5% | 17.5% | 21.9% | 16.5% | 17.7% | 14.4% | −3.3 pts | |
| Operating margin | 22.7% | 12.8% | 17.7% | 10.5% | 13.4% | 6.4% | −7.0 pts | |
| Net margin | −12.6% | 4.7% | 8.2% | 6.7% | 5.8% | 1.8% | −4.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
