| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.1 | 14.7 | 21.6 | 22.7 | 20.5 | 22.1 | +7.7% | |
| Cost of revenue | 7.6 | 5.8 | 10.6 | 12.3 | 10.5 | 13.8 | +32.0% | |
| Gross profit | 10.5 | 8.9 | 11.1 | 10.4 | 10.0 | 8.2 | −17.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 7.6 | 6.1 | 7.9 | 8.6 | 9.4 | 9.5 | +1.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 10.1 | 8.2 | 10.3 | 16.4 | 12.4 | 9.5 | −22.9% | |
| Operating income | 0.3 | 0.7 | 0.4 | (6.0) | (2.3) | (1.3) | +44.7% | |
| Interest expense | 0.1 | 0.1 | 0.5 | 0.5 | 0.5 | 0.5 | −1.7% | |
| Interest income | 0.0 | 0.0 | (0.0) | (0.0) | 0.4 | 0.2 | −56.1% | |
| Other income / expense | (0.1) | (0.1) | (0.7) | (0.6) | (0.1) | (0.9) | −835.6% | |
| Pre-tax income | 0.2 | 0.6 | (0.1) | (6.6) | (2.5) | (2.2) | +8.4% | |
| Income tax | (0.0) | 0.1 | (0.1) | (0.7) | (0.6) | (0.4) | +41.9% | |
| Net income | 0.2 | 0.5 | (0.0) | (5.9) | (1.8) | (1.9) | −2.8% | |
| 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) | 0.00 | 0.01 | (0.00) | (0.12) | (0.02) | (0.02) | +4.3% | |
| EPS, diluted (per share) | 0.00 | 0.01 | (0.00) | (0.12) | (0.02) | (0.02) | +0.5% | |
| EBITDA | 2.3 | 2.6 | 2.5 | (3.8) | 0.1 | 0.7 | +710.9% | |
| Depreciation & amortization | 2.0 | 1.9 | 2.4 | 2.3 | 2.1 | 2.0 | −2.5% | |
| Weighted average shares (shares) | 49,234,036 | 48,859,690 | 48,859,690 | 48,923,389 | 79,829,723 | 85,515,091 | +7.1% | |
| Weighted average diluted shares (shares) | 51,811,233 | 51,983,666 | 48,859,690 | 48,923,389 | 82,948,985 | 85,515,091 | +3.1% | |
| Gross margin | 57.9% | 60.5% | 51.3% | 45.8% | 48.8% | 37.3% | −11.5 pts | |
| Operating margin | 1.7% | 4.9% | 1.7% | −26.4% | −11.5% | −5.9% | +5.6 pts | |
| Net margin | 1.3% | 3.1% | −0.0% | −26.0% | −8.9% | −8.5% | +0.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
