| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.4 | 22.6 | (10.3) | 3.9 | 9.1 | 4.4 | −51.8% | |
| Cost of revenue | 2.1 | 4.9 | 2.2 | 2.1 | 2.7 | 2.8 | +3.7% | |
| Gross profit | 9.3 | 17.7 | (12.5) | 1.4 | 9.1 | (0.9) | −110.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 2.6 | 5.3 | 2.7 | 2.7 | 0.6 | 0.0 | −100.0% | |
| Selling & marketing | 0.5 | 0.5 | 0.5 | 0.6 | 0.0 | 0.0 | — | |
| Operating expenses | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.5 | −20.7% | |
| Operating income | 10.9 | 22.1 | (6.6) | 3.2 | 8.5 | 8.1 | −4.5% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 1.2 | 1.1 | 0.0 | 1.8 | 2.6 | 0.0 | −100.0% | |
| Other income / expense | 0.0 | 0.0 | (4.2) | 0.0 | 0.0 | (0.0) | — | |
| Pre-tax income | 10.9 | 22.1 | (10.9) | 3.2 | 8.5 | 8.1 | −4.8% | |
| Income tax | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| Net income | 10.9 | 22.1 | (10.9) | 3.2 | 8.5 | 8.1 | −4.8% | |
| 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) | 0.07 | 0.14 | (0.07) | 0.02 | 0.04 | 0.04 | −6.8% | |
| EPS, diluted (per share) | 0.07 | 0.14 | (0.07) | 0.02 | 0.04 | 0.04 | −6.8% | |
| EBITDA | 10.9 | 22.1 | (0.0) | 3.2 | 8.5 | 8.1 | −4.5% | |
| Depreciation & amortization | 0.0 | 0.0 | 6.6 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 149,267,000 | 159,349,000 | 149,267,000 | 179,261,000 | 200,018,249 | 219,187,995 | +9.6% | |
| Weighted average diluted shares (shares) | 149,267,000 | 159,349,000 | 149,267,000 | 179,261,000 | 200,018,249 | 219,187,995 | +9.6% | |
| Gross margin | 81.3% | 78.5% | 120.9% | 35.2% | 100.0% | −20.8% | −120.8 pts | |
| Operating margin | 95.8% | 97.9% | 64.0% | 83.4% | 93.4% | 185.1% | +91.7 pts | |
| Net margin | 95.8% | 97.9% | 104.9% | 83.4% | 93.4% | 184.6% | +91.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
