| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 91.4 | 93.3 | 141.7 | 163.2 | 135.1 | 132.0 | −2.3% | |
| Cost of revenue | 40.4 | 40.8 | 49.5 | 45.1 | 51.9 | 53.6 | +3.4% | |
| Gross profit | 51.0 | 52.6 | 92.1 | 118.0 | 83.3 | 78.4 | −5.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Selling, general & administrative | 47.6 | 44.2 | 93.0 | 3.5 | 74.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 45.2 | 44.2 | 93.0 | 117.2 | 74.9 | 70.1 | −6.4% | |
| Operating income | 12.8 | 8.4 | (0.9) | 0.9 | 8.4 | 8.3 | −1.3% | |
| Interest expense | 1.5 | 1.1 | 3.3 | 5.3 | 4.0 | 3.2 | −19.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | (0.2) | 0.0 | 0.0 | — | |
| Other income / expense | (1.5) | (2.8) | (3.5) | (5.5) | (4.0) | — | — | |
| Pre-tax income | 11.3 | 5.5 | (12.5) | (4.7) | 4.4 | 4.8 | +10.5% | |
| Income tax | 2.3 | (1.4) | (3.2) | (1.2) | 1.7 | 1.7 | −0.8% | |
| Net income | 9.0 | 6.9 | (9.3) | (3.4) | 3.5 | 12.1 | +247.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 1.17 | 0.89 | (1.19) | (0.44) | 0.44 | 0.08 | −82.7% | |
| EPS, diluted (per share) | 1.16 | 0.87 | (1.19) | (0.44) | 0.43 | 0.07 | −82.7% | |
| EBITDA | 28.0 | 20.9 | 14.9 | 15.8 | 29.4 | 16.4 | −44.0% | |
| Depreciation & amortization | 15.3 | 14.3 | 24.0 | 10.1 | 21.0 | 8.1 | −61.2% | |
| Weighted average shares (shares) | 7,674,550 | 7,828,600 | 7,780,050 | 7,833,900 | 8,187,793 | 159,141,000 | +1843.6% | |
| Weighted average diluted shares (shares) | 7,785,300 | 7,968,750 | 7,780,050 | 7,833,900 | 6,321,596 | 164,091,000 | +2495.7% | |
| Gross margin | 55.8% | 56.3% | 65.0% | 72.3% | 61.6% | 59.4% | −2.2 pts | |
| Operating margin | 14.0% | 9.0% | −0.6% | 0.5% | 6.2% | 6.3% | +0.1 pts | |
| Net margin | 9.9% | 7.4% | −6.5% | −2.1% | 2.6% | 9.2% | +6.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
