| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52.3 | 70.6 | 149.4 | 209.4 | 36.0 | 1.3 | −96.4% | |
| Cost of revenue | 12.8 | 17.9 | 37.7 | 54.9 | 0.0 | 0.0 | — | |
| Gross profit | 52.6 | 52.6 | 111.7 | 214.7 | 36.0 | 1.3 | −96.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 17.9 | 25.4 | 53.8 | 84.2 | 7.8 | 0.0 | −100.0% | |
| Selling & marketing | 11.9 | 16.7 | 36.6 | 59.1 | 0.0 | 0.0 | — | |
| Operating expenses | 52.3 | 71.3 | 115.6 | 192.0 | 7.8 | (21.7) | −379.5% | |
| Operating income | 0.3 | (1.5) | (3.0) | 22.7 | 28.2 | 23.0 | −18.6% | |
| Interest expense | 0.0 | 0.1 | 0.9 | 1.7 | 6.1 | 6.5 | +6.7% | |
| Interest income | 0.2 | 0.1 | 0.5 | 0.0 | 0.0 | 1.1 | — | |
| Other income / expense | 0.0 | 0.9 | (1.0) | (2.2) | (7.3) | (2.4) | +66.6% | |
| Pre-tax income | 0.3 | (0.6) | (4.0) | 22.7 | 20.9 | 20.5 | −1.8% | |
| Income tax | 0.0 | (0.2) | (1.9) | 6.3 | 2.4 | 0.0 | −100.0% | |
| Net income | 0.3 | (0.4) | (2.1) | 16.4 | 18.6 | 20.5 | +10.6% | |
| 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) | (0.03) | 0.22 | 0.26 | 0.29 | +11.5% | |
| EPS, diluted (per share) | 0.02 | (0.01) | (0.03) | 0.21 | 0.25 | 0.28 | +12.0% | |
| EBITDA | (0.7) | 0.9 | (4.2) | 24.3 | 27.0 | 27.0 | +0.1% | |
| Depreciation & amortization | 0.0 | 1.4 | (1.2) | (0.6) | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 19,103,215 | 58,060,776 | 68,168,599 | 75,933,065 | 75,816,635 | 70,950,611 | −6.4% | |
| Weighted average diluted shares (shares) | 19,598,920 | 58,060,776 | 68,168,599 | 78,533,619 | 75,822,026 | 74,297,135 | −2.0% | |
| Gross margin | 100.6% | 74.6% | 74.7% | 102.6% | 100.0% | 100.0% | +0.0 pts | |
| Operating margin | 0.6% | −2.1% | −2.0% | 10.8% | 78.5% | 1,758.8% | +1680.3 pts | |
| Net margin | 0.6% | −0.6% | −1.4% | 7.8% | 51.6% | 1,572.1% | +1520.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
