| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.7 | 18.3 | 19.3 | 21.7 | 23.5 | 21.5 | −8.5% | |
| Cost of revenue | 16.0 | 14.6 | 14.9 | 16.8 | 18.1 | 16.8 | −7.1% | |
| Gross profit | 4.7 | 3.7 | 4.4 | 4.9 | 5.5 | 4.8 | −13.1% | |
| Research & development | 0.8 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | −100.0% | |
| Selling, general & administrative | 4.4 | 4.2 | 4.6 | 5.1 | 5.7 | 6.1 | +5.7% | |
| Selling & marketing | 1.5 | 1.6 | 1.8 | 1.9 | 2.4 | 2.1 | −13.2% | |
| Operating expenses | 4.1 | 4.1 | 3.3 | 4.2 | 6.1 | 6.1 | −0.9% | |
| Operating income | 0.6 | (0.3) | 1.1 | 0.7 | (0.6) | (1.3) | −106.7% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | +34.4% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 | +10.2% | |
| Other income / expense | (0.1) | (0.0) | (0.0) | 0.1 | 0.0 | 0.7 | +1997.0% | |
| Pre-tax income | 0.6 | (0.4) | 1.1 | 0.8 | (0.6) | (0.6) | −1.5% | |
| Income tax | (0.0) | (0.4) | (0.1) | (0.1) | (0.3) | (0.3) | +5.6% | |
| Net income | 0.6 | (0.0) | 1.2 | 0.9 | (0.3) | (0.3) | −7.4% | |
| 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) | 0.05 | (0.00) | 0.09 | 0.07 | (0.02) | (0.03) | −7.3% | |
| EPS, diluted (per share) | 0.05 | (0.00) | 0.09 | 0.07 | (0.02) | (0.03) | −7.3% | |
| EBITDA | 1.5 | 0.6 | 2.0 | 1.8 | 0.7 | 0.9 | +31.4% | |
| Depreciation & amortization | 0.8 | 0.9 | 0.8 | 0.9 | 1.1 | 1.2 | +14.5% | |
| Weighted average shares (shares) | 12,358,000 | 12,590,000 | 13,172,000 | 13,183,000 | 13,192,032 | 13,203,000 | +0.1% | |
| Weighted average diluted shares (shares) | 12,800,000 | 12,590,000 | 13,179,000 | 13,204,000 | 13,192,000 | 13,203,000 | +0.1% | |
| Gross margin | 22.7% | 20.3% | 22.8% | 22.6% | 23.3% | 22.1% | −1.2 pts | |
| Operating margin | 3.0% | −1.9% | 5.6% | 3.3% | −2.7% | −6.0% | −3.3 pts | |
| Net margin | 2.9% | −0.1% | 6.1% | 4.0% | −1.4% | −1.6% | −0.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
