| USD millions | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.2 | 28.0 | 50.4 | 57.9 | 47.2 | 41.7 | −11.6% | |
| Cost of revenue | 15.0 | 14.4 | 22.4 | 30.9 | 33.7 | 26.3 | −22.1% | |
| Gross profit | 11.2 | 13.6 | 28.0 | 27.0 | 13.5 | 15.5 | +14.9% | |
| Research & development | 0.6 | 0.4 | 0.0 | 0.1 | 0.2 | 1.0 | +429.8% | |
| Selling, general & administrative | 3.0 | 3.9 | 6.2 | 9.1 | 12.9 | 29.6 | +129.2% | |
| Selling & marketing | 2.2 | 3.3 | 6.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 11.0 | 13.6 | 15.4 | 24.1 | 30.9 | 27.0 | −12.4% | |
| Operating income | 0.5 | 1.1 | 11.5 | 3.1 | (29.2) | (11.6) | +60.4% | |
| Interest expense | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.0 | −100.0% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.5 | 0.0 | 0.5 | +9960.0% | |
| Other income / expense | (0.6) | (0.1) | (4.5) | (0.0) | (0.6) | (1.4) | −131.4% | |
| Pre-tax income | 0.4 | 1.0 | 7.0 | 2.7 | (29.8) | (12.9) | +56.6% | |
| Income tax | 0.4 | 0.3 | 2.1 | 0.2 | (0.0) | 1.0 | +5004.8% | |
| Net income | 0.0 | 0.7 | 5.1 | 2.7 | (29.3) | (13.6) | +53.6% | |
| 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 | 0.02 | 0.05 | 0.02 | (0.22) | (0.10) | +56.0% | |
| EPS, diluted (per share) | 0.00 | 0.02 | 0.04 | 0.02 | (0.22) | (0.10) | +56.0% | |
| EBITDA | 1.8 | 2.4 | 11.7 | 1.8 | (25.9) | (10.0) | +61.3% | |
| Depreciation & amortization | 1.3 | 1.3 | 1.3 | 2.9 | 3.7 | 2.9 | −19.5% | |
| Weighted average shares (shares) | 41,963,926 | 41,963,926 | 113,143,731 | 128,871,639 | 133,426,953 | 140,523,484 | +5.3% | |
| Weighted average diluted shares (shares) | 41,963,926 | 41,963,926 | 118,666,601 | 132,718,333 | 133,426,953 | 140,522,934 | +5.3% | |
| Gross margin | 42.8% | 48.6% | 55.6% | 46.6% | 28.5% | 37.0% | +8.5 pts | |
| Operating margin | 2.0% | 4.0% | 22.8% | 5.4% | −62.0% | −27.7% | +34.2 pts | |
| Net margin | 0.1% | 2.6% | 10.2% | 4.6% | −62.0% | −32.5% | +29.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
