| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.8 | 48.1 | 57.7 | 65.7 | 68.0 | 74.0 | +8.8% | |
| Cost of revenue | 6.1 | 9.8 | 13.6 | 14.9 | 15.9 | 23.7 | +48.8% | |
| Gross profit | 20.8 | 38.3 | 44.1 | 50.8 | 52.1 | 50.3 | −3.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Selling, general & administrative | 24.7 | 36.5 | 43.6 | 50.1 | 53.3 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 24.7 | 36.5 | 43.6 | 50.1 | 53.3 | 52.6 | −1.3% | |
| Operating income | (3.8) | 1.8 | 0.5 | 0.7 | (1.2) | (2.2) | −88.9% | |
| Interest expense | 1.3 | 1.4 | 1.5 | 1.8 | 2.2 | 2.7 | +20.5% | |
| Interest income | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | −83.2% | |
| Other income / expense | (1.2) | 0.5 | (1.5) | (1.8) | (2.1) | — | — | |
| Pre-tax income | (1.7) | 2.3 | (0.9) | (1.1) | (3.3) | (14.8) | −344.8% | |
| Income tax | (2.2) | 0.9 | (0.3) | 0.0 | 0.0 | 0.4 | +3653.3% | |
| Net income | 0.5 | 1.4 | (0.6) | (1.1) | (3.3) | (15.1) | −354.2% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 0.01 | 0.04 | (0.02) | (0.03) | (0.09) | (0.39) | −354.4% | |
| EPS, diluted (per share) | 0.01 | 0.04 | (0.02) | (0.03) | (0.09) | (0.39) | −354.4% | |
| EBITDA | 1.7 | 9.8 | 6.7 | 8.9 | 7.7 | 7.7 | +0.0% | |
| Depreciation & amortization | 5.5 | 6.1 | 6.2 | 8.2 | 8.8 | 9.9 | +13.0% | |
| Weighted average shares (shares) | 38,664,031 | 38,664,031 | 38,664,031 | 38,664,031 | 38,664,031 | 38,664,031 | +0.0% | |
| Weighted average diluted shares (shares) | 38,664,031 | 38,664,031 | 38,664,031 | 38,664,031 | 38,664,031 | 38,664,031 | +0.0% | |
| Gross margin | 77.4% | 79.6% | 76.4% | 77.3% | 76.6% | 68.0% | −8.6 pts | |
| Operating margin | −14.3% | 3.7% | 0.9% | 1.0% | −1.7% | −3.0% | −1.3 pts | |
| Net margin | 1.7% | 2.8% | −1.1% | −1.7% | −4.9% | −20.4% | −15.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
