| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 121.9 | 153.3 | 182.7 | 195.5 | 158.7 | 161.6 | +1.8% | |
| Cost of revenue | 61.4 | 81.7 | 103.7 | 87.1 | 82.7 | 93.6 | +13.1% | |
| Gross profit | 60.5 | 71.6 | 79.0 | 74.3 | 75.9 | 68.0 | −10.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 59.1 | 64.3 | 71.2 | 80.6 | 66.2 | 62.7 | −5.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 59.1 | 64.3 | 71.2 | 82.8 | 71.1 | 62.7 | −11.7% | |
| Operating income | 1.5 | 7.3 | 4.6 | (8.5) | 4.8 | 5.3 | +9.5% | |
| Interest expense | 0.8 | 0.7 | 1.0 | 2.4 | 3.0 | 2.1 | −28.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 2.5 | 0.0 | 0.0 | — | |
| Other income / expense | (3.6) | (0.5) | (0.9) | (2.5) | (2.9) | (21.3) | −637.6% | |
| Pre-tax income | (2.1) | 6.8 | 3.7 | (10.9) | 1.9 | (16.0) | −922.6% | |
| Income tax | 0.2 | 1.4 | 1.3 | 0.2 | 1.0 | 0.4 | −57.5% | |
| Net income | (2.0) | 5.4 | 0.0 | (12.0) | 1.1 | (19.3) | −1931.1% | |
| Discontinued operations | 0.0 | 0.0 | (2.4) | (0.7) | 0.3 | (2.8) | −1137.2% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.02) | 0.06 | 0.00 | (0.13) | 0.01 | (0.21) | −1910.3% | |
| EPS, diluted (per share) | (0.02) | 0.06 | 0.00 | (0.13) | 0.01 | (0.21) | −1926.1% | |
| EBITDA | 3.5 | 11.3 | 8.5 | (3.4) | 9.1 | 8.8 | −3.9% | |
| Depreciation & amortization | 4.8 | 4.0 | 3.8 | 5.1 | 4.2 | 3.5 | −17.4% | |
| Weighted average shares (shares) | 88,341,383 | 90,134,211 | 89,906,999 | 89,549,143 | 91,140,375 | 90,680,983 | −0.5% | |
| Weighted average diluted shares (shares) | 88,341,383 | 91,548,754 | 90,524,991 | 89,890,287 | 91,382,496 | 90,680,983 | −0.8% | |
| Gross margin | 49.7% | 46.7% | 43.2% | 38.0% | 47.8% | 42.1% | −5.7 pts | |
| Operating margin | 1.2% | 4.7% | 2.5% | −4.3% | 3.0% | 3.3% | +0.2 pts | |
| Net margin | −1.7% | 3.5% | 0.0% | −6.2% | 0.7% | −11.9% | −12.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
