| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.1 | 8.5 | 10.0 | 10.9 | 4.9 | 11.7 | +139.5% | |
| Cost of revenue | 5.5 | 5.2 | 5.6 | 7.0 | 3.6 | 6.1 | +72.1% | |
| Gross profit | 1.6 | 3.3 | 4.4 | 3.9 | 1.3 | 5.6 | +317.9% | |
| Research & development | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | −7.3% | |
| Selling, general & administrative | 7.3 | 6.9 | 7.6 | 6.7 | 5.5 | 5.0 | −8.4% | |
| Selling & marketing | 7.3 | 6.9 | 7.6 | 0.0 | 0.0 | 0.0 | +48.4% | |
| Operating expenses | 7.6 | 7.4 | 8.0 | 7.2 | 5.9 | 5.4 | −8.0% | |
| Operating income | (6.1) | (1.5) | (3.6) | (3.3) | (4.6) | 0.2 | +104.2% | |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +15.4% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 0.3 | 0.4 | 0.0 | (0.0) | 1.9 | 0.1 | −92.5% | |
| Pre-tax income | (5.8) | (1.1) | (3.6) | (3.3) | (2.6) | 0.3 | +112.8% | |
| Income tax | 0.3 | 0.3 | 0.4 | 0.4 | 0.1 | 0.0 | −96.5% | |
| Net income | (6.1) | (1.4) | (4.0) | (3.7) | (2.7) | 0.3 | +112.3% | |
| 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) | (0.31) | (0.07) | (0.18) | (0.16) | (0.12) | 0.01 | +108.3% | |
| EPS, diluted (per share) | (0.31) | (0.07) | (0.18) | (0.16) | (0.12) | 0.01 | +108.3% | |
| EBITDA | (4.2) | 0.0 | (2.5) | (2.5) | (2.2) | 1.1 | +149.8% | |
| Depreciation & amortization | 1.4 | 1.1 | 1.1 | 0.9 | 0.4 | 0.8 | +89.9% | |
| Weighted average shares (shares) | 19,443,750 | 19,443,750 | 22,214,884 | 22,983,088 | 23,429,416 | 24,363,814 | +4.0% | |
| Weighted average diluted shares (shares) | 19,443,750 | 19,443,750 | 22,214,884 | 22,983,023 | 23,429,416 | 25,816,965 | +10.2% | |
| Gross margin | 22.4% | 38.6% | 44.3% | 35.7% | 27.4% | 47.8% | +20.4 pts | |
| Operating margin | −85.2% | −17.8% | −35.7% | −30.5% | −92.9% | 1.6% | +94.5 pts | |
| Net margin | −85.8% | −16.8% | −39.8% | −34.0% | −55.5% | 2.8% | +58.4 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.
