| Reported currency millions | FY2020 · GBP | FY2021 · GBP | FY2022 · GBP | FY2023 · USD | FY2024 · USD | FY2025 · USD | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.4 | 1.5 | 4.5 | 16.5 | 32.2 | 50.7 | +57.7% | |
| Cost of revenue | 4.1 | 3.2 | 3.0 | 11.4 | 18.3 | 28.4 | +55.1% | |
| Gross profit | 6.3 | (1.7) | 2.0 | 5.1 | 13.2 | 22.4 | +69.3% | |
| Research & development | 2.6 | 0.6 | 1.1 | 2.3 | 1.8 | 1.6 | −15.0% | |
| Selling, general & administrative | 5.9 | 20.0 | 27.3 | 46.6 | 34.6 | 31.1 | −10.1% | |
| Selling & marketing | 0.3 | 0.0 | 0.0 | 27.5 | 23.8 | 0.0 | −100.0% | |
| Operating expenses | 8.5 | 18.7 | 52.2 | 44.7 | 37.8 | 32.7 | −13.5% | |
| Operating income | (2.2) | (20.4) | (26.4) | (31.3) | (22.9) | (10.3) | +55.0% | |
| Interest expense | 0.0 | 0.0 | 0.3 | 1.0 | 3.9 | 7.6 | +95.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.5 | 0.3 | 0.3 | +28.2% | |
| Other income / expense | 0.3 | 0.5 | (13.7) | (1.0) | (3.7) | (7.2) | −95.6% | |
| Pre-tax income | (1.9) | (19.9) | (40.1) | (32.4) | (26.6) | (17.5) | +34.1% | |
| Income tax | 0.7 | (0.2) | 0.4 | 0.9 | 0.6 | 0.5 | −16.2% | |
| Net income | (2.6) | (19.3) | (40.4) | (33.3) | (26.6) | (18.0) | +32.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.02) | (0.09) | (0.17) | (0.05) | (0.03) | (0.02) | +30.3% | |
| EPS, diluted (per share) | (0.02) | (0.09) | (0.17) | (0.05) | (0.03) | (0.02) | +30.3% | |
| EBITDA | 0.8 | (17.7) | (46.1) | (38.3) | (20.7) | (9.2) | +55.8% | |
| Depreciation & amortization | 2.7 | 2.2 | 2.9 | 1.4 | 1.4 | 1.1 | −18.4% | |
| Weighted average shares (shares) | 120,680,000 | 204,410,000 | 233,190,000 | 722,544,000 | 905,204,000 | 881,343,000 | −2.6% | |
| Weighted average diluted shares (shares) | 120,680,000 | 204,410,000 | 233,190,000 | 722,544,000 | 905,204,000 | 881,343,000 | −2.6% | |
| Gross margin | 60.9% | −109.8% | 44.7% | 30.8% | 41.1% | 44.1% | +3.0 pts | |
| Operating margin | −20.7% | −1,343.3% | −588.7% | −189.4% | −71.1% | −20.3% | +50.8 pts | |
| Net margin | −25.3% | −1,272.9% | −902.2% | −201.3% | −82.7% | −35.5% | +47.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Reporting currencies differ or are unavailable; each column identifies its currency.
