| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.5 | 14.5 | 14.5 | 22.4 | 20.8 | 17.7 | −15.3% | |
| Cost of revenue | 18.3 | 8.2 | 9.4 | 15.8 | 14.8 | 14.3 | −3.7% | |
| Gross profit | 2.5 | 6.3 | 5.1 | 6.7 | 6.0 | 3.4 | −43.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 11.8 | 1.1 | 1.1 | 1.4 | 8.9 | 3.5 | −60.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 11.5 | 6.8 | 4.0 | 7.9 | 8.9 | 3.5 | −60.9% | |
| Operating income | (0.7) | 1.7 | 1.5 | (1.2) | (2.9) | (0.1) | +96.3% | |
| Interest expense | 1.8 | 2.5 | 2.3 | 0.7 | 0.5 | 0.4 | −11.8% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | +148.1% | |
| Other income / expense | (2.2) | (4.7) | (2.7) | (0.6) | (0.4) | (1.6) | −269.2% | |
| Pre-tax income | (2.8) | (3.0) | (1.3) | (1.8) | (3.3) | (1.7) | +48.2% | |
| Income tax | (0.7) | (1.2) | (0.8) | (0.2) | (0.1) | (0.2) | −28.5% | |
| Net income | (18.5) | (2.0) | (0.6) | (1.5) | (3.2) | (1.6) | +50.1% | |
| Discontinued operations | (16.4) | (0.2) | (0.2) | 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) | (0.05) | (0.43) | (0.00) | (0.06) | (0.13) | (0.05) | +63.0% | |
| EPS, diluted (per share) | (0.05) | (0.43) | (0.00) | (0.06) | (0.13) | (0.05) | +63.0% | |
| EBITDA | 1.0 | 1.0 | 2.4 | 1.4 | (0.2) | 1.6 | +860.8% | |
| Depreciation & amortization | 2.0 | 1.5 | 1.4 | 2.5 | 2.7 | 1.7 | −37.8% | |
| Weighted average shares (shares) | 400,802,032 | 4,611,855 | 418,575,630 | 23,973,027 | 24,303,502 | 33,155,084 | +36.4% | |
| Weighted average diluted shares (shares) | 400,802,032 | 4,611,855 | 418,575,630 | 23,973,027 | 24,303,502 | 33,155,084 | +36.4% | |
| Gross margin | 22.1% | 43.4% | 35.0% | 29.7% | 28.8% | 19.1% | −9.7 pts | |
| Operating margin | −5.8% | 12.0% | 10.1% | −5.4% | −13.9% | −0.6% | +13.3 pts | |
| Net margin | −160.3% | −13.7% | −4.1% | −6.9% | −15.3% | −9.0% | +6.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
