| GBP millions | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32.8 | 37.8 | 48.5 | 53.7 | 55.1 | 56.2 | +2.1% | |
| Cost of revenue | 19.3 | 21.1 | 26.8 | 28.0 | 28.2 | 31.2 | +10.9% | |
| Gross profit | 13.4 | 16.7 | 21.8 | 25.7 | 26.9 | 25.0 | −7.2% | |
| Research & development | 1.0 | 1.2 | 1.3 | 1.5 | 1.7 | 0.0 | −100.0% | |
| Selling, general & administrative | 17.8 | 19.6 | 20.7 | 24.3 | 27.4 | 31.5 | +15.1% | |
| Selling & marketing | 13.0 | 13.9 | 14.6 | 15.8 | 19.6 | 22.5 | +14.6% | |
| Operating expenses | 18.0 | 19.4 | 21.0 | 24.5 | 27.6 | 32.1 | +16.4% | |
| Operating income | (5.2) | (2.7) | 0.9 | 0.9 | (0.6) | (7.1) | −1006.2% | |
| Interest expense | 0.2 | 0.6 | 0.3 | 0.4 | 0.8 | 1.7 | +100.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +136.4% | |
| Other income / expense | (0.1) | (0.6) | (0.2) | (0.4) | (0.8) | (1.7) | −99.8% | |
| Pre-tax income | (5.3) | (3.4) | 0.3 | 0.6 | (5.9) | (8.8) | −49.5% | |
| Income tax | 0.0 | 0.7 | (1.0) | (0.9) | 0.0 | 3.4 | +7206.5% | |
| Net income | (5.3) | (4.1) | 1.4 | 1.5 | (5.9) | (12.1) | −103.7% | |
| 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 | 0.1 | — | |
| EPS, basic (per share) | (0.04) | (0.03) | 0.01 | 0.01 | (0.04) | (0.07) | −102.3% | |
| EPS, diluted (per share) | (0.04) | (0.03) | 0.01 | 0.01 | (0.04) | (0.07) | −102.3% | |
| EBITDA | (1.6) | 0.5 | 3.3 | 3.9 | (1.2) | (2.1) | −69.3% | |
| Depreciation & amortization | 3.5 | 3.2 | 2.7 | 2.9 | 3.8 | 5.0 | +30.4% | |
| Weighted average shares (shares) | 135,474,713 | 135,474,713 | 166,929,000 | 166,929,000 | 168,812,000 | 169,854,000 | +0.6% | |
| Weighted average diluted shares (shares) | 135,474,713 | 135,474,713 | 171,056,000 | 173,660,000 | 168,812,000 | 169,854,000 | +0.6% | |
| Gross margin | 40.9% | 44.1% | 44.8% | 47.9% | 48.9% | 44.4% | −4.4 pts | |
| Operating margin | −15.9% | −7.1% | 1.8% | 1.8% | −1.2% | −12.7% | −11.5 pts | |
| Net margin | −16.2% | −10.8% | 2.8% | 2.8% | −10.7% | −21.4% | −10.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
