| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.8 | 68.7 | 2.9 | (5.7) | (0.8) | (0.8) | +8.2% | |
| Cost of revenue | 2.3 | 3.7 | 3.4 | 2.8 | 2.6 | 2.3 | −8.8% | |
| Gross profit | 14.5 | 68.7 | (87.6) | (28.6) | (5.1) | (3.1) | +38.3% | |
| Research & development | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.9 | 0.8 | 0.9 | 1.0 | 1.0 | 1.0 | −3.3% | |
| Selling & marketing | 0.0 | 0.8 | 0.0 | 0.1 | 0.0 | 0.0 | +16.7% | |
| Operating expenses | 16.8 | 0.9 | 1.1 | 1.1 | 1.5 | (2.6) | −270.4% | |
| Operating income | 15.9 | 67.9 | (88.7) | (29.7) | (6.6) | (0.5) | +92.1% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.1 | 0.2 | 0.2 | 1.4 | 1.9 | 1.7 | −10.8% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | +100.0% | |
| Pre-tax income | 15.9 | 67.9 | (88.7) | (29.7) | (6.6) | (0.5) | +92.1% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 15.9 | 67.9 | (88.7) | (29.7) | (6.6) | (0.5) | +92.1% | |
| 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) | 0.08 | 0.30 | (0.33) | (0.09) | (0.02) | (0.00) | +92.5% | |
| EPS, diluted (per share) | 0.08 | 0.30 | (0.33) | (0.09) | (0.02) | (0.00) | +92.5% | |
| EBITDA | 15.9 | 67.9 | (88.7) | (29.7) | (6.6) | (0.5) | +92.1% | |
| Depreciation & amortization | 0.0 | 0.0 | 88.7 | 29.7 | 6.6 | 0.0 | −100.0% | |
| Weighted average shares (shares) | 204,112,000 | 222,904,000 | 265,293,000 | 318,946,000 | 353,965,000 | 369,065,613 | +4.3% | |
| Weighted average diluted shares (shares) | 204,112,000 | 222,904,000 | 265,293,000 | 318,946,000 | 353,569,500 | 369,065,613 | +4.4% | |
| Gross margin | 86.1% | 100.0% | −3,002.6% | 498.5% | 595.6% | 400.4% | −195.3 pts | |
| Operating margin | 94.8% | 98.7% | −3,040.8% | 517.5% | 775.5% | 66.4% | −709.1 pts | |
| Net margin | 94.8% | 98.7% | −3,040.8% | 517.5% | 775.6% | 66.4% | −709.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
