| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.3 | 29.3 | 40.2 | 38.6 | 46.4 | 58.9 | +26.8% | |
| Cost of revenue | 8.3 | 18.0 | 25.8 | 24.6 | 31.6 | 42.2 | +33.6% | |
| Gross profit | 5.0 | 11.3 | 14.4 | 14.0 | 14.8 | 16.7 | +12.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Selling, general & administrative | 5.5 | 11.0 | 15.0 | 11.7 | 12.3 | — | — | |
| Selling & marketing | 0.0 | 2.4 | 2.1 | 0.1 | 0.9 | — | — | |
| Operating expenses | 5.8 | 11.5 | 15.9 | 17.2 | 13.1 | 12.2 | −7.3% | |
| Operating income | (0.8) | (0.3) | (1.5) | (3.2) | 1.7 | 4.5 | +162.2% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +178.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.2 | 0.3 | 0.3 | +6.0% | |
| Other income / expense | (0.0) | (0.0) | 0.0 | 0.2 | 0.3 | — | — | |
| Pre-tax income | (0.8) | (0.3) | (1.5) | (3.0) | 2.0 | 4.7 | +141.0% | |
| Income tax | (0.0) | 0.0 | 0.1 | (0.5) | 0.6 | 1.3 | +130.9% | |
| Net income | (0.8) | (0.3) | (1.6) | (2.5) | 1.4 | 3.4 | +145.1% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (0.01) | (0.00) | (0.01) | (0.02) | 0.01 | 0.02 | +148.9% | |
| EPS, diluted (per share) | (0.01) | (0.00) | (0.01) | (0.02) | 0.01 | 0.02 | +155.7% | |
| EBITDA | (0.5) | 0.0 | (1.1) | (1.8) | 2.6 | 5.7 | +120.6% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.4 | 1.2 | 0.9 | 1.2 | +38.8% | |
| Weighted average shares (shares) | 148,078,173 | 148,078,173 | 148,885,000 | 149,287,000 | 158,750,000 | 146,162,860 | −7.9% | |
| Weighted average diluted shares (shares) | 148,078,173 | 148,078,173 | 148,885,000 | 149,287,000 | 158,750,000 | 151,891,860 | −4.3% | |
| Gross margin | 37.6% | 38.4% | 35.8% | 36.3% | 32.0% | 28.3% | −3.7 pts | |
| Operating margin | −5.8% | −0.9% | −3.8% | −8.4% | 3.7% | 7.6% | +3.9 pts | |
| Net margin | −5.9% | −1.1% | −4.0% | −6.4% | 3.0% | 5.8% | +2.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
