| GBP millions | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.7 | 15.8 | 14.1 | 11.8 | 13.9 | 14.7 | +5.5% | |
| Cost of revenue | 6.2 | 7.3 | 7.6 | 7.1 | 7.3 | 7.4 | +1.9% | |
| Gross profit | 9.5 | 8.6 | 6.5 | 4.7 | 6.6 | 7.2 | +9.4% | |
| Research & development | 0.4 | 0.6 | 1.0 | 0.9 | 1.2 | 1.3 | +13.5% | |
| Selling, general & administrative | 8.5 | 3.7 | 2.7 | 1.9 | 1.8 | 2.4 | +36.5% | |
| Selling & marketing | 0.1 | 1.2 | 0.6 | 0.4 | 0.3 | 0.5 | +67.9% | |
| Operating expenses | 9.2 | 13.9 | 9.7 | 7.4 | 7.5 | 8.7 | +16.6% | |
| Operating income | 1.1 | (5.2) | (3.2) | (2.7) | (0.9) | (1.5) | −70.6% | |
| Interest expense | 0.0 | 0.0 | 0.2 | 0.2 | 0.3 | 0.2 | −37.5% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.2 | −37.5% | |
| Other income / expense | (0.7) | (0.2) | (0.6) | (0.3) | (0.4) | (0.3) | +21.0% | |
| Pre-tax income | 0.4 | (5.4) | (3.6) | (2.8) | (1.0) | (1.6) | −61.3% | |
| Income tax | 0.2 | 0.0 | (0.4) | (0.3) | (0.0) | (0.4) | −5983.3% | |
| Net income | 0.2 | (5.4) | (3.2) | (2.6) | (1.0) | (1.3) | −25.4% | |
| 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) | 0.00 | (0.09) | (0.05) | (0.03) | (0.01) | (0.01) | −18.4% | |
| EPS, diluted (per share) | 0.00 | (0.09) | (0.05) | (0.03) | (0.01) | (0.01) | −18.4% | |
| EBITDA | 1.2 | (4.4) | (1.6) | (1.3) | 0.7 | 0.1 | −80.7% | |
| Depreciation & amortization | 0.5 | 0.8 | 1.6 | 1.5 | 1.6 | 1.7 | +3.4% | |
| Weighted average shares (shares) | 50,785,329 | 57,982,319 | 68,689,792 | 99,754,064 | 101,510,456 | 107,826,246 | +6.2% | |
| Weighted average diluted shares (shares) | 51,164,115 | 57,982,319 | 68,689,792 | 99,754,064 | 101,510,456 | 107,826,246 | +6.2% | |
| Gross margin | 60.7% | 54.0% | 45.9% | 39.9% | 47.5% | 49.3% | +1.8 pts | |
| Operating margin | 6.9% | −32.8% | −22.4% | −23.2% | −6.4% | −10.4% | −4.0 pts | |
| Net margin | 1.3% | −34.0% | −22.7% | −21.9% | −7.2% | −8.5% | −1.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
