| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.5 | 5.6 | 1.1 | (4.4) | 4.4 | 3.9 | −9.9% | |
| Cost of revenue | 3.0 | 6.0 | 3.9 | 3.5 | 3.6 | 3.7 | +3.9% | |
| Gross profit | 3.5 | 52.6 | (39.7) | (0.9) | 17.6 | 3.9 | −77.7% | |
| Research & development | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | +1.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 3.6 | 6.6 | 4.5 | 4.2 | 4.3 | 0.7 | −83.5% | |
| Operating income | 5.9 | 46.1 | (44.2) | (5.1) | 13.3 | 3.2 | −75.8% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 3.1 | 2.2 | 2.8 | 1.2 | 1.4 | 2.2 | +56.5% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 5.9 | 46.1 | (44.2) | (5.1) | 13.3 | 3.2 | −75.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 5.9 | 46.1 | (44.2) | (5.1) | 13.3 | 3.2 | −75.8% | |
| 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) | 0.03 | 0.18 | (0.20) | (0.02) | 0.04 | 0.01 | −76.7% | |
| EPS, diluted (per share) | 0.03 | 0.18 | (0.20) | (0.02) | 0.04 | 0.01 | −76.7% | |
| EBITDA | 5.9 | 46.1 | 0.0 | 0.0 | 13.3 | 3.2 | −75.8% | |
| Depreciation & amortization | 0.0 | 0.0 | 44.2 | 5.1 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 222,939,528 | 261,864,661 | 222,939,528 | 337,263,955 | 373,434,076 | 387,161,000 | +3.7% | |
| Weighted average diluted shares (shares) | 222,939,528 | 261,864,661 | 222,939,528 | 337,263,955 | 373,425,403 | 387,161,000 | +3.7% | |
| Gross margin | 54.1% | 947.1% | −3,694.3% | 21.5% | 403.7% | 100.0% | −303.7 pts | |
| Operating margin | 90.8% | 828.4% | −4,115.4% | 117.2% | 305.1% | 82.0% | −223.1 pts | |
| Net margin | 90.8% | 828.4% | −4,115.4% | 117.2% | 305.1% | 82.0% | −223.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
