| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 47.3 | 60.5 | 123.6 | 139.5 | 149.8 | 163.1 | +8.9% | |
| Cost of revenue | 35.0 | 42.4 | 87.2 | 97.3 | 103.8 | 112.4 | +8.3% | |
| Gross profit | 12.3 | 18.1 | 36.5 | 42.2 | 46.0 | 50.7 | +10.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 15.9 | 18.1 | 36.0 | 40.5 | 44.1 | 47.9 | +8.4% | |
| Selling & marketing | 5.6 | 7.1 | 17.0 | 18.0 | 19.1 | 21.5 | +12.6% | |
| Operating expenses | 15.1 | 17.9 | 36.0 | 40.7 | 44.1 | 47.9 | +8.4% | |
| Operating income | (2.9) | 0.2 | 0.2 | 1.5 | 1.9 | 2.9 | +53.1% | |
| Interest expense | 0.2 | 0.4 | 0.8 | 1.5 | 1.8 | 1.8 | −1.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | +145.2% | |
| Other income / expense | (0.4) | (0.4) | (1.6) | (1.3) | (1.8) | (1.8) | +4.2% | |
| Pre-tax income | (3.3) | (0.2) | (1.4) | 0.2 | 0.0 | 1.1 | +4208.7% | |
| Income tax | (0.2) | (0.1) | (0.6) | (0.7) | (0.7) | 0.2 | +127.8% | |
| Net income | (3.1) | (0.1) | (0.8) | 0.8 | 0.8 | 0.9 | +14.7% | |
| 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 | 0.0 | — | |
| EPS, basic (per share) | (0.02) | (0.00) | (0.00) | 0.00 | 0.00 | 0.00 | +12.5% | |
| EPS, diluted (per share) | (0.02) | (0.00) | (0.00) | 0.00 | 0.00 | 0.00 | +9.7% | |
| EBITDA | (1.3) | 2.3 | 3.0 | 6.6 | 7.4 | 8.9 | +20.2% | |
| Depreciation & amortization | 1.7 | 2.1 | 3.6 | 4.9 | 5.5 | 6.0 | +8.1% | |
| Weighted average shares (shares) | 153,324,883 | 192,374,194 | 241,979,322 | 243,884,066 | 245,580,592 | 249,623,206 | +1.6% | |
| Weighted average diluted shares (shares) | 153,324,883 | 192,374,194 | 241,979,322 | 251,197,800 | 252,415,392 | 258,313,676 | +2.3% | |
| Gross margin | 26.1% | 30.0% | 29.5% | 30.3% | 30.7% | 31.1% | +0.4 pts | |
| Operating margin | −6.1% | 0.3% | 0.2% | 1.1% | 1.2% | 1.8% | +0.5 pts | |
| Net margin | −6.5% | −0.2% | −0.7% | 0.6% | 0.5% | 0.5% | +0.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
