| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4 | 7.7 | 13.7 | 19.6 | 20.7 | 24.9 | +20.2% | |
| Cost of revenue | 2.9 | 5.3 | 10.4 | 14.3 | 15.0 | 19.4 | +29.1% | |
| Gross profit | 1.4 | 2.4 | 3.3 | 5.2 | 5.7 | 5.5 | −3.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.5 | 0.5 | 0.7 | 1.0 | 1.1 | 5.3 | +383.4% | |
| Selling & marketing | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | +15.8% | |
| Operating expenses | 1.2 | 2.1 | 3.8 | 5.0 | 5.4 | 5.3 | −1.9% | |
| Operating income | 0.2 | 0.1 | (0.5) | 0.3 | 0.3 | 0.2 | −28.9% | |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | 0.5 | +261.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.0) | 0.0 | (0.1) | (0.2) | (0.1) | (0.5) | −261.1% | |
| Pre-tax income | 0.2 | 0.1 | (0.6) | 0.0 | 0.2 | (0.3) | −272.4% | |
| Income tax | 0.0 | (0.3) | 0.1 | (0.0) | 0.1 | 0.1 | −48.6% | |
| Net income | 0.2 | 0.4 | (0.7) | 0.1 | 0.0 | (0.3) | −1988.9% | |
| 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 | 0.04 | (0.05) | 0.00 | 0.00 | (0.01) | −1912.5% | |
| EPS, diluted (per share) | 0.02 | 0.03 | (0.05) | 0.00 | 0.00 | (0.01) | −1912.5% | |
| EBITDA | 0.3 | 0.4 | 0.4 | 2.1 | 2.1 | 2.7 | +28.6% | |
| Depreciation & amortization | 0.1 | 0.3 | 0.9 | 1.8 | 1.8 | 2.5 | +37.8% | |
| Weighted average shares (shares) | 10,127,000 | 11,312,000 | 15,617,000 | 21,130,000 | 21,552,000 | 23,476,719 | +8.9% | |
| Weighted average diluted shares (shares) | 10,127,000 | 11,312,000 | 15,617,000 | 23,267,000 | 23,594,000 | 23,476,719 | −0.5% | |
| Gross margin | 33.2% | 30.8% | 23.8% | 26.8% | 27.6% | 22.2% | −5.4 pts | |
| Operating margin | 4.8% | 1.5% | −3.7% | 1.3% | 1.4% | 0.8% | −0.6 pts | |
| Net margin | 4.3% | 5.1% | −5.1% | 0.3% | 0.1% | −1.4% | −1.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
