| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.7 | 23.4 | 22.1 | 22.3 | 15.5 | 15.8 | +2.1% | |
| Cost of revenue | 15.4 | 16.3 | 16.6 | 16.4 | 11.1 | 10.8 | −2.7% | |
| Gross profit | 5.2 | 7.1 | 5.5 | 5.9 | 4.3 | 5.0 | +14.5% | |
| Research & development | 0.4 | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 | −16.1% | |
| Selling, general & administrative | 5.6 | 5.7 | 6.0 | 6.0 | 4.8 | 4.7 | −2.9% | |
| Selling & marketing | 1.3 | 1.1 | 1.4 | 1.5 | 1.1 | 1.1 | −0.5% | |
| Operating expenses | 5.8 | 6.2 | 6.9 | 6.5 | 5.2 | 4.9 | −6.9% | |
| Operating income | (0.6) | 1.1 | (1.1) | (0.6) | (0.9) | 0.1 | +110.1% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −25.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +6500.0% | |
| Other income / expense | 0.1 | (0.0) | 0.2 | (0.3) | (1.5) | 0.0 | +100.9% | |
| Pre-tax income | (0.1) | 1.1 | (1.0) | (0.8) | (2.4) | 0.1 | +104.3% | |
| Income tax | (0.1) | 0.1 | (0.4) | 0.1 | (0.5) | (0.0) | +97.7% | |
| Net income | 0.1 | 1.0 | (0.4) | (0.7) | (3.7) | 0.3 | +107.6% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | (0.8) | (1.8) | 0.2 | +109.4% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.01 | 0.09 | (0.04) | (0.06) | (0.33) | 0.02 | +107.5% | |
| EPS, diluted (per share) | 0.01 | 0.09 | (0.04) | (0.06) | (0.33) | 0.02 | +107.5% | |
| EBITDA | 1.0 | 2.0 | (0.1) | 0.7 | (1.5) | 1.0 | +167.8% | |
| Depreciation & amortization | 1.1 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | +0.1% | |
| Weighted average shares (shares) | 11,083,750 | 11,124,517 | 11,196,627 | 11,414,309 | 11,247,056 | 11,248,750 | +0.0% | |
| Weighted average diluted shares (shares) | 11,167,125 | 11,199,127 | 11,196,627 | 11,205,723 | 11,247,056 | 11,312,500 | +0.6% | |
| Gross margin | 25.3% | 30.3% | 25.0% | 26.5% | 28.0% | 31.4% | +3.4 pts | |
| Operating margin | −2.7% | 4.8% | −5.1% | −2.6% | −5.8% | 0.6% | +6.4 pts | |
| Net margin | 0.3% | 4.4% | −2.0% | −3.1% | −23.9% | 1.8% | +25.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
