| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.4 | 14.7 | 18.7 | 23.4 | 28.5 | 31.4 | +10.2% | |
| Cost of revenue | 5.3 | 6.2 | 7.8 | 8.9 | 10.3 | 11.3 | +10.3% | |
| Gross profit | 6.1 | 8.4 | 10.8 | 14.5 | 18.2 | 20.1 | +10.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 6.3 | 6.8 | 7.1 | 8.7 | 10.4 | 10.4 | −0.4% | |
| Selling & marketing | 0.4 | 0.4 | 0.1 | 0.5 | 0.4 | 0.4 | +4.0% | |
| Operating expenses | 6.7 | 6.7 | 7.5 | 18.1 | 10.4 | 11.9 | +13.9% | |
| Operating income | (0.6) | 1.7 | 3.3 | 5.3 | 7.8 | 8.2 | +5.2% | |
| Interest expense | 0.5 | 0.5 | 0.3 | 0.0 | 0.1 | 0.1 | +51.2% | |
| Interest income | 0.2 | 0.0 | 0.0 | 0.1 | 0.4 | 0.6 | +40.9% | |
| Other income / expense | (1.0) | (0.6) | 0.2 | (0.1) | 0.6 | 0.6 | +0.7% | |
| Pre-tax income | (1.6) | 1.1 | 3.5 | 5.2 | 8.3 | 8.8 | +4.9% | |
| Income tax | (0.0) | (0.2) | (0.1) | (0.8) | (0.5) | 2.8 | +659.2% | |
| Net income | (1.5) | 1.3 | 3.6 | 5.9 | 8.8 | 6.0 | −32.7% | |
| 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) | 0.00 | 0.01 | 0.02 | 0.03 | 0.02 | −32.7% | |
| EPS, diluted (per share) | (0.01) | 0.00 | 0.01 | 0.02 | 0.03 | 0.02 | −33.4% | |
| EBITDA | 2.0 | 4.9 | 7.7 | 9.4 | 12.8 | 13.2 | +3.3% | |
| Depreciation & amortization | 3.0 | 3.3 | 3.9 | 4.1 | 4.3 | 5.0 | +15.3% | |
| Weighted average shares (shares) | 285,165,652 | 288,496,688 | 291,655,659 | 292,715,123 | 294,732,077 | 293,825,547 | −0.3% | |
| Weighted average diluted shares (shares) | 285,165,652 | 301,637,353 | 298,713,551 | 302,676,994 | 308,147,406 | 311,260,924 | +1.0% | |
| Gross margin | 53.8% | 57.5% | 58.1% | 61.8% | 64.0% | 64.0% | −0.0 pts | |
| Operating margin | −4.9% | 11.8% | 17.7% | 22.6% | 27.3% | 26.1% | −1.2 pts | |
| Net margin | −13.5% | 8.6% | 19.4% | 25.3% | 31.1% | 19.0% | −12.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
