| Reported currency millions | FY2020 · GBP | FY2021 · GBP | FY2022 · GBP | FY2023 · GBP | FY2024 · GBP | FY2025 · USD | TTM · USD | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5 | 12.4 | 17.7 | 25.4 | 43.3 | 0.6 | 0.6 | +9.9% | |
| Cost of revenue | 3.8 | 7.5 | 11.0 | 10.3 | 11.8 | 0.2 | 0.2 | −10.3% | |
| Gross profit | 1.7 | 5.0 | 6.7 | 15.1 | 31.4 | 0.3 | 0.4 | +22.5% | |
| Research & development | 20.2 | 30.8 | 35.5 | 44.0 | 67.9 | 67.8 | 46.8 | −30.9% | |
| Selling, general & administrative | 14.0 | 20.0 | 20.9 | 20.6 | 26.9 | 22.3 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 37.6 | 50.8 | 56.4 | 64.7 | 94.8 | 90.1 | — | — | |
| Operating income | (35.8) | (45.8) | (49.8) | (49.6) | (63.3) | (89.8) | (67.6) | +24.7% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.1 | 0.0 | 0.2 | 1.4 | 4.5 | 3.5 | — | — | |
| Other income / expense | (0.2) | (0.0) | 9.3 | (0.7) | 18.9 | 1.2 | — | — | |
| Pre-tax income | (36.0) | (45.9) | (40.5) | (50.3) | (44.5) | (88.6) | (59.9) | +32.4% | |
| Income tax | (3.5) | (6.4) | 0.6 | (7.0) | 0.8 | 0.0 | 0.0 | −81.8% | |
| Net income | (32.5) | (39.4) | (41.0) | (43.3) | (45.3) | (88.6) | (59.9) | +32.4% | |
| 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) | (1.11) | (1.35) | (3.78) | (3.48) | (2.37) | (1.89) | (0.82) | +56.7% | |
| EPS, diluted (per share) | (1.11) | (1.35) | (3.78) | (3.48) | (2.37) | (1.89) | (0.82) | +56.7% | |
| EBITDA | (35.5) | (45.4) | (39.9) | (49.8) | (49.0) | (88.0) | (67.2) | +23.7% | |
| Depreciation & amortization | 0.5 | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.3 | −39.3% | |
| Weighted average shares (shares) | 27,257,374 | 29,650,147 | 10,731,612 | 12,364,139 | 15,416,913 | 47,231,567 | — | — | |
| Weighted average diluted shares (shares) | 27,257,374 | 29,650,147 | 10,731,612 | 12,364,139 | 15,416,913 | 47,231,567 | — | — | |
| Gross margin | 31.3% | 39.9% | 37.8% | 59.3% | 72.7% | 61.5% | 68.6% | +7.1 pts | |
| Operating margin | −654.3% | −369.0% | −281.9% | −195.5% | −146.4% | −16,056.0% | −11,003.0% | +5053.0 pts | |
| Net margin | −594.0% | −317.4% | −232.4% | −170.5% | −104.7% | −15,851.9% | −9,755.3% | +6096.6 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.
TTM ends 2026-06-30 and uses four consecutive reported quarters.
