| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 95.1 | 109.1 | 114.8 | 112.1 | 107.3 | 116.9 | +9.0% | |
| Cost of revenue | 63.6 | 71.7 | 74.8 | 70.8 | 66.3 | 72.4 | +9.2% | |
| Gross profit | 31.5 | 37.4 | 39.9 | 41.3 | 40.0 | 44.5 | +11.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 31.5 | 32.8 | 32.4 | 35.3 | 37.1 | 42.2 | +13.9% | |
| Selling & marketing | 4.3 | 4.7 | 4.4 | 4.5 | 4.2 | 4.4 | +4.6% | |
| Operating expenses | 34.0 | 33.0 | 45.4 | 51.6 | 66.3 | 42.2 | −36.2% | |
| Operating income | (1.4) | 3.7 | 7.3 | (10.4) | 2.9 | 2.3 | −20.3% | |
| Interest expense | 0.8 | 0.8 | 1.2 | 1.7 | 1.8 | 2.0 | +6.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.8) | (0.8) | (12.9) | (1.7) | (30.0) | (5.2) | +82.5% | |
| Pre-tax income | (2.1) | 2.9 | (5.6) | (12.1) | (27.1) | (3.0) | +89.1% | |
| Income tax | 0.0 | 0.7 | 0.7 | 0.9 | (0.7) | 0.4 | +154.5% | |
| Net income | (2.2) | 2.1 | (6.3) | (13.0) | (26.4) | (3.3) | +87.4% | |
| 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) | (0.04) | 0.03 | (0.10) | (0.21) | (0.42) | (0.05) | +87.5% | |
| EPS, diluted (per share) | (0.04) | 0.03 | (0.10) | (0.21) | (0.42) | (0.05) | +87.5% | |
| EBITDA | 2.4 | 7.5 | (0.5) | (6.1) | (20.9) | 7.2 | +134.6% | |
| Depreciation & amortization | 3.8 | 3.8 | 3.9 | 4.3 | 4.4 | 4.9 | +12.3% | |
| Weighted average shares (shares) | 61,424,000 | 61,493,000 | 61,493,000 | 61,493,000 | 62,526,000 | 63,275,000 | +1.2% | |
| Weighted average diluted shares (shares) | 61,424,000 | 61,894,000 | 61,493,000 | 61,493,000 | 62,526,000 | 63,275,000 | +1.2% | |
| Gross margin | 33.1% | 34.3% | 34.8% | 36.8% | 37.2% | 38.1% | +0.9 pts | |
| Operating margin | −1.5% | 3.4% | 6.4% | −9.2% | 2.7% | 2.0% | −0.7 pts | |
| Net margin | −2.3% | 2.0% | −5.4% | −11.6% | −24.6% | −2.8% | +21.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
