| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22.9 | 32.8 | 49.5 | 84.7 | 101.9 | 121.2 | +18.9% | |
| Cost of revenue | 18.6 | 26.1 | 39.8 | 65.7 | 87.0 | 104.4 | +20.0% | |
| Gross profit | 4.3 | 6.7 | 9.8 | 13.3 | 15.0 | 16.9 | +12.8% | |
| Research & development | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +1233.3% | |
| Selling, general & administrative | 3.7 | 6.1 | 9.1 | 11.6 | 11.6 | 14.3 | +23.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 3.6 | 5.9 | 9.1 | 10.8 | 11.6 | 14.4 | +24.2% | |
| Operating income | 0.7 | 0.8 | 0.7 | 2.1 | 3.4 | 2.5 | −26.4% | |
| Interest expense | 0.1 | 0.2 | 0.6 | 0.9 | 1.2 | 1.5 | +23.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | +176.3% | |
| Other income / expense | 0.0 | (0.3) | (0.5) | (1.4) | (1.1) | (1.6) | −44.9% | |
| Pre-tax income | 1.0 | 0.5 | 0.2 | 0.6 | 2.2 | 0.9 | −62.1% | |
| Income tax | 0.2 | 0.6 | (0.2) | (0.1) | 0.6 | 0.3 | −57.9% | |
| Net income | 0.8 | (0.1) | 0.3 | 0.8 | (1.7) | (0.1) | +96.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | (0.9) | (3.3) | (0.7) | +80.0% | |
| 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 | 0.01 | (0.03) | 0.00 | +103.1% | |
| EPS, diluted (per share) | 0.01 | (0.00) | 0.01 | 0.01 | (0.03) | 0.00 | +103.1% | |
| EBITDA | 1.5 | 1.5 | 1.7 | 3.8 | 4.4 | 3.8 | −13.1% | |
| Depreciation & amortization | 0.4 | 0.7 | 1.0 | 1.8 | 0.9 | 1.3 | +39.9% | |
| Weighted average shares (shares) | 58,650,206 | 58,650,206 | 55,640,408 | 60,803,022 | 64,062,371 | 79,595,150 | +24.2% | |
| Weighted average diluted shares (shares) | 58,650,206 | 58,650,206 | 55,640,408 | 60,803,022 | 64,062,371 | 79,595,150 | +24.2% | |
| Gross margin | 18.6% | 20.4% | 19.7% | 15.7% | 14.7% | 13.9% | −0.8 pts | |
| Operating margin | 3.1% | 2.4% | 1.4% | 2.4% | 3.3% | 2.0% | −1.3 pts | |
| Net margin | 3.3% | −0.2% | 0.6% | 0.9% | −1.6% | −0.1% | +1.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
