| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.7 | 39.0 | 42.2 | 50.0 | 54.5 | 67.9 | +24.7% | |
| Cost of revenue | 21.3 | 28.3 | 26.4 | 34.4 | 41.2 | 52.7 | +27.8% | |
| Gross profit | 8.4 | 10.7 | 15.8 | 15.7 | 13.2 | 15.2 | +14.9% | |
| Research & development | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 | 0.2 | — | |
| Selling, general & administrative | 3.7 | 3.8 | 4.4 | 4.9 | 1.8 | 1.9 | +4.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 5.5 | 5.5 | 6.2 | 7.1 | 8.3 | 6.3 | −23.3% | |
| Operating income | 2.9 | 5.2 | 9.6 | 8.6 | 5.0 | 8.9 | +78.9% | |
| Interest expense | 1.1 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | +19.4% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | −18.2% | |
| Other income / expense | (1.6) | (0.1) | 0.4 | (0.3) | (0.2) | 1.9 | +1289.6% | |
| Pre-tax income | 1.3 | 5.1 | 10.0 | 8.3 | 4.8 | 10.7 | +123.9% | |
| Income tax | 0.0 | (4.1) | 2.2 | 1.8 | 1.9 | 2.7 | +44.3% | |
| Net income | 1.3 | 9.2 | 7.9 | 6.6 | 2.9 | 8.0 | +175.3% | |
| 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 | 0.05 | 0.04 | 0.03 | 0.02 | 0.04 | +178.7% | |
| EPS, diluted (per share) | 0.01 | 0.05 | 0.04 | 0.03 | 0.02 | 0.04 | +172.7% | |
| EBITDA | 4.6 | 7.1 | 12.1 | 10.6 | 7.7 | 12.1 | +57.6% | |
| Depreciation & amortization | 1.7 | 1.6 | 1.7 | 2.0 | 2.6 | 3.2 | +23.5% | |
| Weighted average shares (shares) | 191,858,000 | 191,858,000 | 191,858,000 | 191,858,000 | 194,546,000 | 191,858,408 | −1.4% | |
| Weighted average diluted shares (shares) | 193,889,000 | 193,091,000 | 196,045,000 | 196,859,000 | 195,632,000 | 196,451,308 | +0.4% | |
| Gross margin | 28.3% | 27.5% | 37.5% | 31.3% | 24.3% | 22.4% | −1.9 pts | |
| Operating margin | 9.9% | 13.4% | 22.9% | 17.2% | 9.1% | 13.1% | +4.0 pts | |
| Net margin | 4.3% | 23.5% | 18.6% | 13.1% | 5.4% | 11.8% | +6.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
