| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.0 | 8.1 | 24.2 | 6.2 | 8.7 | 8.0 | −8.5% | |
| Cost of revenue | 4.6 | 4.9 | 16.2 | 5.6 | 8.2 | 7.6 | −7.8% | |
| Gross profit | 1.7 | 3.2 | 7.9 | 0.6 | 0.5 | 0.4 | −20.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 3.3 | 2.5 | 6.4 | 1.2 | 1.0 | 0.8 | −23.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 5.9 | 4.7 | 9.8 | 1.2 | 2.8 | 0.8 | −72.0% | |
| Operating income | (2.0) | (1.5) | (1.8) | (1.5) | (2.3) | (0.4) | +83.0% | |
| Interest expense | 0.5 | 0.5 | 0.8 | 0.8 | 0.0 | 0.0 | −57.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +1300.0% | |
| Other income / expense | (0.5) | (0.5) | (0.8) | (1.1) | 1.8 | 0.0 | −99.6% | |
| Pre-tax income | (3.0) | (2.0) | (2.6) | (2.6) | (0.6) | (0.4) | +29.8% | |
| Income tax | (0.3) | 0.1 | (0.3) | (0.5) | (0.0) | (0.0) | +0.0% | |
| Net income | (2.7) | (2.1) | (2.3) | (2.1) | (3.2) | (0.4) | +88.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | (2.6) | 0.0 | +100.0% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.01) | (0.00) | (0.00) | (0.00) | (0.00) | 0.00 | +111.1% | |
| EPS, diluted (per share) | (0.01) | (0.00) | (0.00) | (0.00) | (0.00) | 0.00 | +111.1% | |
| EBITDA | (0.7) | (0.4) | 0.1 | 0.7 | 2.0 | (0.3) | −113.8% | |
| Depreciation & amortization | 1.7 | 1.1 | 2.0 | 2.4 | 2.5 | 0.1 | −95.3% | |
| Weighted average shares (shares) | 478,427,000 | 510,760,000 | 706,216,000 | 706,216,000 | 706,216,000 | 706,215,686 | −0.0% | |
| Weighted average diluted shares (shares) | 478,427,000 | 510,760,000 | 706,216,000 | 706,216,000 | 706,216,000 | 706,215,686 | −0.0% | |
| Gross margin | 21.1% | 39.7% | 32.8% | 9.6% | 5.7% | 5.0% | −0.7 pts | |
| Operating margin | −25.2% | −18.6% | −7.6% | −23.9% | −26.7% | −5.0% | +21.8 pts | |
| Net margin | −33.6% | −26.2% | −9.5% | −33.8% | −36.1% | −4.6% | +31.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
