| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.7 | +121.4% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | +182.8% | |
| Gross profit | 0.0 | (0.0) | 0.0 | 0.2 | 0.2 | 0.4 | +95.9% | |
| Research & development | 0.0 | 0.0 | 0.7 | 0.6 | 0.5 | 0.0 | −100.0% | |
| Selling, general & administrative | 2.4 | 2.9 | 1.3 | 1.1 | 0.9 | 2.7 | +216.7% | |
| Selling & marketing | 0.3 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 3.1 | 3.5 | 3.4 | 2.0 | 21.8 | 2.7 | −87.5% | |
| Operating income | (3.1) | (3.5) | (3.3) | (1.8) | (21.5) | (2.3) | +89.3% | |
| Interest expense | 0.0 | 0.0 | 3.6 | 3.5 | 1.2 | 0.0 | −96.7% | |
| Interest income | 3.1 | 4.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (4.9) | (2.9) | (4.9) | (3.2) | 0.2 | 17.3 | +9277.5% | |
| Pre-tax income | (8.0) | (6.5) | (8.2) | (5.0) | (21.4) | 15.0 | +170.0% | |
| Income tax | 0.0 | 1.6 | 0.0 | 0.0 | 0.0 | 0.0 | −88.7% | |
| Net income | (10.2) | (8.0) | (5.5) | 1.7 | (21.3) | 14.9 | +169.7% | |
| Discontinued operations | 0.0 | 0.0 | 2.6 | 6.7 | 0.0 | (0.1) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.13) | (0.04) | (0.03) | 0.01 | (0.08) | 0.27 | +429.3% | |
| EPS, diluted (per share) | (0.13) | (0.04) | (0.02) | 0.01 | (0.07) | 0.27 | +464.9% | |
| EBITDA | (3.0) | (3.3) | (3.2) | (1.5) | (20.1) | (2.2) | +89.3% | |
| Depreciation & amortization | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +2840.4% | |
| Weighted average shares (shares) | 79,350,000 | 191,756,000 | 217,077,000 | 261,385,000 | 261,385,000 | 54,931,120 | −79.0% | |
| Weighted average diluted shares (shares) | 79,350,000 | 191,756,000 | 232,180,000 | 261,385,000 | 286,685,880 | 54,931,120 | −80.8% | |
| Gross margin | — | — | 58.8% | 66.8% | 70.7% | 62.6% | −8.1 pts | |
| Operating margin | — | — | −6,533.3% | −784.3% | −7,252.9% | −349.7% | +6903.2 pts | |
| Net margin | — | — | −10,745.1% | 730.6% | −7,182.2% | 2,262.7% | +9444.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
