| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0 | 8.8 | 1.2 | (1.5) | 6.5 | 3.6 | −45.0% | |
| Cost of revenue | 1.0 | 1.3 | 1.6 | 1.1 | 1.9 | 1.2 | −36.5% | |
| Gross profit | 0.0 | 10.1 | 2.7 | (2.6) | 4.6 | 2.3 | −48.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.3 | 0.4 | 0.5 | 0.5 | 0.4 | 0.5 | +10.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.3 | 1.7 | 2.0 | 0.5 | 0.4 | 0.5 | +10.4% | |
| Operating income | 0.7 | 8.4 | 0.7 | (3.1) | 4.1 | 1.9 | −54.5% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 1.2 | +507.3% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 0.7 | 8.4 | 0.7 | (3.1) | 4.1 | 1.9 | −54.5% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 0.7 | 8.4 | 0.7 | (3.1) | 4.1 | 1.9 | −54.5% | |
| 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 | 0.00 | (0.02) | 0.02 | 0.01 | −58.5% | |
| EPS, diluted (per share) | 0.01 | 0.05 | 0.00 | (0.02) | 0.02 | 0.01 | −58.5% | |
| EBITDA | 0.7 | 8.4 | 0.7 | (3.1) | 4.1 | 1.9 | −54.5% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 3.1 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 125,305,000 | 160,814,000 | 176,112,000 | 189,817,000 | 206,787,000 | 226,960,266 | +9.8% | |
| Weighted average diluted shares (shares) | 125,305,000 | 160,814,000 | 176,072,000 | 189,817,000 | 206,787,000 | 226,960,266 | +9.8% | |
| Gross margin | 2.9% | 114.6% | 225.5% | 175.9% | 70.0% | 65.4% | −4.6 pts | |
| Operating margin | 66.5% | 95.3% | 58.8% | 206.9% | 63.7% | 52.6% | −11.0 pts | |
| Net margin | 66.5% | 95.3% | 58.8% | 206.9% | 63.7% | 52.6% | −11.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
