| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.1 | 0.4 | 1.7 | 0.0 | 0.0 | 0.9 | — | |
| Cost of revenue | 0.0 | 0.0 | 0.3 | 0.5 | 0.7 | 0.7 | −4.1% | |
| Gross profit | 0.1 | 0.4 | (0.3) | (0.5) | (0.7) | 0.2 | +134.4% | |
| Research & development | 1.4 | 1.9 | 3.0 | 4.1 | 3.5 | 3.3 | −6.4% | |
| Selling, general & administrative | 2.3 | 1.5 | 3.2 | 4.7 | 4.3 | 2.9 | −33.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.9 | 1.0 | 0.0 | −100.0% | |
| Operating expenses | 2.5 | 2.1 | 5.8 | 8.9 | 7.8 | 6.3 | −19.6% | |
| Operating income | (2.3) | (1.8) | (6.1) | (9.3) | (8.5) | (6.0) | +29.1% | |
| Interest expense | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | +800.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.0 | −68.5% | |
| Other income / expense | (0.0) | 0.1 | (4.7) | (0.1) | (1.1) | 0.0 | +101.9% | |
| Pre-tax income | (2.3) | (1.8) | (10.9) | (9.5) | (9.6) | (6.0) | +37.2% | |
| Income tax | 0.0 | 0.0 | (1.7) | (2.0) | (1.6) | (0.0) | +98.8% | |
| Net income | (2.3) | (1.8) | (13.8) | (7.4) | (7.9) | (6.0) | +24.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | (4.7) | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.02) | (0.02) | (0.09) | (0.07) | (0.06) | (0.04) | +35.5% | |
| EPS, diluted (per share) | (0.02) | (0.02) | (0.09) | (0.07) | (0.06) | (0.04) | +35.5% | |
| EBITDA | (2.1) | (1.5) | (10.5) | (9.0) | (8.9) | (5.4) | +39.3% | |
| Depreciation & amortization | 0.1 | 0.3 | 0.3 | 0.5 | 0.7 | 0.6 | −15.3% | |
| Weighted average shares (shares) | 106,463,839 | 106,463,839 | 107,134,839 | 107,944,951 | 124,870,447 | 146,797,706 | +17.6% | |
| Weighted average diluted shares (shares) | 106,463,839 | 106,463,839 | 107,134,839 | 107,944,951 | 124,870,447 | 146,797,706 | +17.6% | |
| Gross margin | 100.0% | 100.0% | −17.7% | — | — | 26.4% | — | |
| Operating margin | −2,159.5% | −511.4% | −352.3% | — | — | −660.4% | — | |
| Net margin | −2,191.6% | −511.3% | −791.7% | — | — | −656.1% | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
