| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.5 | 7.3 | 9.7 | 6.7 | 7.7 | 12.1 | +57.8% | |
| Cost of revenue | 1.1 | 0.7 | 0.7 | 0.6 | 0.5 | 0.9 | +75.3% | |
| Gross profit | 9.5 | 6.6 | 9.0 | 6.1 | 7.1 | 11.2 | +56.5% | |
| Research & development | 8.8 | 11.2 | 3.9 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 27.8 | 5.7 | 6.2 | 4.8 | 3.5 | 2.5 | −26.7% | |
| Selling & marketing | 27.6 | 3.1 | 2.1 | 1.5 | 1.0 | 0.8 | −25.3% | |
| Operating expenses | 43.4 | 41.4 | 49.9 | 38.5 | 22.2 | 16.1 | −27.4% | |
| Operating income | (33.9) | (39.8) | (40.9) | (32.4) | (15.0) | (4.9) | +67.4% | |
| Interest expense | 0.3 | 0.2 | 0.1 | 0.0 | 0.1 | 0.1 | +2.6% | |
| Interest income | 0.3 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | +46.7% | |
| Other income / expense | (1.9) | 1.0 | 11.3 | (4.1) | 1.5 | (6.7) | −545.9% | |
| Pre-tax income | (35.8) | (38.8) | (29.6) | (36.5) | (13.5) | (11.6) | +14.0% | |
| Income tax | (1.5) | (1.2) | (0.0) | (0.0) | 0.0 | (0.0) | — | |
| Net income | (34.3) | (37.6) | (29.6) | (36.5) | (13.5) | (7.3) | +46.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4.4 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.68) | (0.65) | (0.47) | (0.41) | (0.11) | (0.06) | +47.7% | |
| EPS, diluted (per share) | (0.68) | (0.65) | (0.47) | (0.41) | (0.11) | (0.06) | +47.7% | |
| EBITDA | (33.3) | (32.5) | (39.1) | (36.7) | (14.4) | (4.7) | +67.0% | |
| Depreciation & amortization | 0.6 | 6.1 | 0.4 | 0.6 | 0.1 | 0.2 | +157.8% | |
| Weighted average shares (shares) | 50,492,000 | 57,799,000 | 63,462,000 | 87,949,000 | 120,165,000 | 126,344,000 | +5.1% | |
| Weighted average diluted shares (shares) | 50,492,000 | 57,799,000 | 63,462,000 | 87,949,000 | 120,165,000 | 126,344,000 | +5.1% | |
| Gross margin | 89.9% | 91.0% | 92.8% | 90.5% | 93.0% | 92.2% | −0.8 pts | |
| Operating margin | −321.9% | −545.2% | −422.5% | −484.3% | −195.5% | −40.4% | +155.1 pts | |
| Net margin | −326.0% | −514.6% | −305.7% | −544.9% | −175.9% | −59.9% | +116.0 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.
