| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.4 | 24.6 | 27.0 | 30.0 | 32.3 | 33.4 | +3.3% | |
| Cost of revenue | 14.2 | 15.6 | 16.5 | 17.9 | 14.4 | 14.8 | +3.1% | |
| Gross profit | 9.2 | 9.0 | 10.5 | 12.1 | 17.9 | 18.5 | +3.4% | |
| Research & development | 2.0 | 2.2 | 1.0 | 0.8 | 3.0 | 3.6 | +21.3% | |
| Selling, general & administrative | 7.4 | 7.8 | 8.8 | 10.2 | 13.2 | 13.7 | +3.6% | |
| Selling & marketing | (4.2) | (3.5) | (2.3) | (1.5) | 0.1 | 0.1 | +0.0% | |
| Operating expenses | 9.4 | 10.0 | 9.9 | 11.0 | 16.5 | 17.7 | +7.0% | |
| Operating income | (0.2) | (0.9) | 0.6 | 1.1 | 1.4 | 0.9 | −38.2% | |
| Interest expense | 0.2 | 0.2 | 0.2 | 0.2 | 0.4 | 0.6 | +56.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | −57.7% | |
| Other income / expense | (0.2) | (0.2) | (0.2) | (0.1) | (0.4) | (0.7) | −84.5% | |
| Pre-tax income | (1.7) | (1.4) | 0.2 | 1.0 | 1.1 | 0.2 | −79.5% | |
| Income tax | (0.2) | (0.3) | (0.2) | (0.0) | (0.1) | 0.1 | +140.7% | |
| Net income | (1.5) | (1.1) | 0.4 | 1.1 | 1.2 | 0.2 | −85.8% | |
| 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) | (0.01) | (0.01) | 0.00 | 0.01 | 0.01 | 0.00 | −85.8% | |
| EPS, diluted (per share) | (0.01) | (0.01) | 0.00 | 0.01 | 0.01 | 0.00 | −86.7% | |
| EBITDA | 1.5 | 2.9 | 3.9 | 4.6 | 2.4 | 5.0 | +107.5% | |
| Depreciation & amortization | 3.1 | 4.1 | 3.4 | 3.4 | 0.4 | 4.2 | +1065.8% | |
| Weighted average shares (shares) | 108,438,000 | 111,880,000 | 110,544,000 | 110,807,000 | 110,860,000 | 111,063,000 | +0.2% | |
| Weighted average diluted shares (shares) | 108,438,000 | 111,880,000 | 114,552,000 | 113,652,000 | 112,702,000 | 114,911,000 | +2.0% | |
| Gross margin | 39.2% | 36.7% | 38.9% | 40.5% | 55.5% | 55.5% | +0.1 pts | |
| Operating margin | −1.0% | −3.8% | 2.3% | 3.8% | 4.4% | 2.6% | −1.8 pts | |
| Net margin | −6.4% | −4.6% | 1.4% | 3.5% | 3.7% | 0.5% | −3.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
