| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|
| Revenue | 8.7 | 10.7 | 11.7 | 10.2 | −12.6% | |
| Cost of revenue | 3.9 | 4.8 | 4.9 | 4.4 | −9.7% | |
| Gross profit | 4.8 | 5.9 | 6.7 | 5.8 | −14.6% | |
| Research & development | 1.9 | 3.0 | 3.1 | 2.7 | −12.3% | |
| Operating expenses | 4.5 | 7.7 | 8.9 | 9.4 | +6.1% | |
| Operating income | 0.3 | (1.8) | (2.1) | (3.6) | −71.8% | |
| Interest expense | 0.0 | 0.1 | 0.1 | 0.1 | +12.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 1.1 | (2.2) | (1.5) | (3.9) | −162.7% | |
| Income tax | 0.3 | 0.6 | (0.2) | 0.6 | +359.3% | |
| Net income | 0.8 | (2.8) | (1.2) | (4.6) | −266.2% | |
| EPS, basic (per share) | 0.12 | (0.40) | (0.06) | (0.23) | −266.5% | |
| EPS, diluted (per share) | 0.12 | (0.40) | (0.06) | (0.23) | −266.5% | |
| EBITDA | 0.6 | (1.2) | (1.6) | (3.1) | −93.5% | |
| Depreciation & amortization | 0.3 | 0.5 | 0.5 | 0.5 | +5.3% | |
| Weighted average shares (shares) | 6,782,583 | 7,082,583 | 20,231,250 | 20,231,250 | +0.0% | |
| Weighted average diluted shares (shares) | 6,782,583 | 7,082,583 | 20,231,250 | 20,231,250 | +0.0% | |
| Gross margin | 54.6% | 55.3% | 57.8% | 56.4% | −1.4 pts | |
| Operating margin | 3.3% | −16.6% | −18.2% | −35.8% | −17.6 pts | |
| Net margin | 9.3% | −26.5% | −10.7% | −44.7% | −34.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
