| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.2 | 5.7 | 5.6 | 1.2 | (27.0) | 6.0 | +122.1% | |
| Cost of revenue | 0.0 | 1.0 | 0.9 | 0.0 | 0.0 | 1.1 | — | |
| Gross profit | 4.2 | 4.7 | 4.7 | 1.2 | (27.0) | 4.8 | +118.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.2 | 0.9 | 1.2 | 2.1 | 2.5 | 2.7 | +7.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 5.8 | 3.9 | 12.4 | 2.3 | 2.8 | 2.8 | +3.0% | |
| Operating income | (1.6) | 3.8 | 3.5 | (1.1) | (29.7) | 2.0 | +106.8% | |
| Interest expense | 0.5 | 0.5 | 0.5 | 0.7 | 0.7 | 0.6 | −16.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | +51.7% | |
| Other income / expense | 0.0 | (2.6) | (11.0) | (0.8) | (32.0) | (6.3) | +80.2% | |
| Pre-tax income | (1.6) | 1.2 | (7.5) | (1.1) | (29.7) | (4.3) | +85.5% | |
| Income tax | (1.5) | 0.0 | 3.5 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (1.6) | 1.2 | (7.5) | (1.1) | (29.7) | (4.3) | +85.5% | |
| 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) | (0.02) | 0.01 | (0.08) | (0.01) | (0.31) | (0.05) | +85.5% | |
| EPS, diluted (per share) | (0.02) | 0.01 | (0.08) | (0.01) | (0.31) | (0.05) | +85.5% | |
| EBITDA | 2.7 | 3.8 | (15.4) | (1.6) | 2.3 | 2.0 | −13.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 97,006,497 | 96,996,881 | 95,919,646 | 95,667,627 | 95,667,627 | 95,668,226 | +0.0% | |
| Weighted average diluted shares (shares) | 97,006,497 | 96,996,881 | 95,919,646 | 95,667,627 | 95,667,627 | 95,667,627 | +0.0% | |
| Gross margin | 100.0% | 82.7% | 84.4% | 100.0% | 100.0% | 81.5% | −18.5 pts | |
| Operating margin | −37.6% | 66.9% | 62.7% | −97.0% | 110.2% | 33.7% | −76.5 pts | |
| Net margin | −37.6% | 21.0% | −134.4% | −97.0% | 110.2% | −72.5% | −182.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
