| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (7.5) | 8.0 | 36.5 | 6.4 | 13.3 | (0.3) | −102.1% | |
| Cost of revenue | 0.9 | 1.2 | 1.7 | 0.8 | 2.7 | 1.6 | −41.9% | |
| Gross profit | (8.4) | 6.7 | 34.8 | 9.0 | 10.6 | (1.8) | −117.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.4 | 0.5 | 0.6 | 2.5 | 1.0 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Operating expenses | 0.5 | 0.5 | 2.2 | 2.5 | 1.0 | (8.8) | −1001.2% | |
| Operating income | (7.7) | 53.4 | 24.0 | 6.5 | 10.6 | 7.0 | −34.7% | |
| Interest expense | 0.2 | 0.2 | 0.3 | 0.8 | 1.0 | 0.0 | −100.0% | |
| Interest income | 1.1 | 0.6 | 0.4 | 0.3 | 0.3 | 0.0 | −100.0% | |
| Other income / expense | (0.3) | (0.2) | (0.3) | (0.8) | (1.0) | (1.1) | −2.1% | |
| Pre-tax income | (8.0) | 53.2 | 23.7 | 5.7 | 9.6 | 5.9 | −38.7% | |
| Income tax | 0.0 | 0.1 | 0.2 | 0.5 | 0.5 | 0.2 | −65.9% | |
| Net income | (8.0) | 53.1 | 23.5 | 5.2 | 9.1 | 5.7 | −37.2% | |
| 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) | (0.12) | 0.79 | 0.35 | 0.08 | 0.14 | 0.09 | −36.6% | |
| EPS, diluted (per share) | (0.12) | 0.79 | 0.35 | 0.08 | 0.14 | 0.09 | −36.6% | |
| EBITDA | 0.0 | 53.4 | 24.0 | 6.5 | 9.6 | 7.0 | −27.7% | |
| Depreciation & amortization | 7.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 66,888,408 | 66,888,509 | 66,888,509 | 66,888,509 | 66,817,536 | 64,516,803 | −3.4% | |
| Weighted average diluted shares (shares) | 66,888,408 | 66,888,509 | 66,888,509 | 66,888,509 | 66,817,536 | 64,516,803 | −3.4% | |
| Gross margin | 111.6% | 84.6% | 95.3% | 141.6% | 79.7% | 661.3% | +581.6 pts | |
| Operating margin | 102.8% | 671.3% | 65.7% | 102.5% | 80.1% | −2,491.4% | −2571.5 pts | |
| Net margin | 106.6% | 667.1% | 64.4% | 82.4% | 68.7% | −2,053.8% | −2122.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
