| GBP millions | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.0 | 7.8 | 9.2 | 13.8 | 26.6 | 44.5 | +67.3% | |
| Cost of revenue | 5.6 | 5.7 | 5.8 | 7.0 | 13.6 | 21.7 | +59.3% | |
| Gross profit | 4.4 | 2.1 | 3.4 | 6.8 | 13.0 | 22.8 | +75.7% | |
| Research & development | 1.9 | 0.2 | 0.3 | 0.6 | 1.0 | 1.7 | +61.4% | |
| Selling, general & administrative | 0.2 | 8.0 | 7.1 | 9.3 | 12.7 | 18.7 | +47.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 6.0 | 8.2 | 7.4 | 9.9 | 13.7 | 20.4 | +48.7% | |
| Operating income | (2.4) | (6.1) | (4.0) | (3.0) | (0.7) | 2.4 | +440.7% | |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.5 | +66.7% | |
| Interest income | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.0) | 0.1 | (0.1) | (0.2) | (0.3) | (0.5) | −61.5% | |
| Pre-tax income | (1.6) | (6.2) | (4.4) | (2.7) | (1.8) | 0.1 | +103.1% | |
| Income tax | 0.0 | (0.1) | (0.3) | (0.8) | (0.9) | 0.1 | +105.9% | |
| Net income | (1.6) | (6.0) | (4.1) | (1.9) | (0.9) | 0.0 | +100.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.02) | (0.09) | (0.08) | (0.03) | (0.02) | 0.00 | +100.6% | |
| EPS, diluted (per share) | (0.02) | (0.09) | (0.08) | (0.03) | (0.02) | 0.00 | +100.6% | |
| EBITDA | (2.3) | (5.0) | (2.6) | (1.1) | 1.2 | 6.3 | +445.7% | |
| Depreciation & amortization | 1.0 | 1.1 | 1.4 | 2.0 | 2.7 | 3.9 | +45.3% | |
| Weighted average shares (shares) | 73,088,000 | 65,638,297 | 50,134,134 | 56,735,294 | 57,062,500 | 61,691,000 | +8.1% | |
| Weighted average diluted shares (shares) | 73,345,000 | 65,977,000 | 50,195,000 | 57,314,000 | 58,816,000 | 65,920,000 | +12.1% | |
| Gross margin | 43.9% | 27.5% | 36.9% | 49.3% | 48.8% | 51.2% | +2.4 pts | |
| Operating margin | −23.7% | −78.0% | −43.8% | −22.0% | −2.7% | 5.5% | +8.2 pts | |
| Net margin | −16.5% | −77.0% | −44.9% | −13.9% | −3.4% | 0.0% | +3.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
