| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Cost of revenue | 0.2 | 0.0 | 0.2 | 0.4 | 0.5 | 0.5 | −3.9% | |
| Gross profit | (0.1) | 0.0 | (0.2) | (0.4) | (0.5) | (0.5) | +3.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.9 | 3.5 | 4.8 | 5.0 | 5.2 | 6.0 | +16.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.8 | 3.4 | 3.6 | 5.0 | 7.5 | 6.0 | −20.2% | |
| Operating income | (1.8) | (3.4) | (3.8) | (5.4) | (8.1) | (6.5) | +19.1% | |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | −12.8% | |
| Interest income | 0.0 | 0.0 | 0.2 | 0.3 | 0.1 | 0.1 | −48.5% | |
| Other income / expense | 0.0 | (0.0) | 0.2 | 0.3 | (6.9) | (1.0) | +84.8% | |
| Pre-tax income | (1.8) | (3.5) | (3.6) | (5.1) | (14.9) | (7.6) | +49.4% | |
| Income tax | (0.1) | (0.1) | (0.2) | (1.0) | (0.5) | (0.5) | +4.3% | |
| Net income | (1.7) | (3.3) | (3.4) | (4.1) | (14.4) | (7.1) | +51.0% | |
| 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) | (0.01) | (0.01) | (0.01) | (0.02) | (0.05) | (0.02) | +66.5% | |
| EPS, diluted (per share) | (0.01) | (0.01) | (0.01) | (0.02) | (0.05) | (0.02) | +66.5% | |
| EBITDA | (1.7) | (3.3) | (3.3) | (4.7) | (14.4) | (6.0) | +58.2% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.2 | 0.4 | 0.5 | 0.5 | −3.9% | |
| Weighted average shares (shares) | 265,419,967 | 265,419,967 | 255,321,000 | 267,313,000 | 268,845,437 | 392,754,000 | +46.1% | |
| Weighted average diluted shares (shares) | 265,419,967 | 265,419,967 | 255,321,000 | 267,313,000 | 268,845,437 | 392,754,000 | +46.1% | |
| Gross margin | −47.7% | 10.7% | — | — | — | — | — | |
| Operating margin | −1,685.0% | −12,267.9% | — | — | — | — | — | |
| Net margin | −1,550.5% | −11,846.4% | — | — | — | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
