| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.3 | 17.5 | 20.5 | 23.0 | 28.4 | 31.6 | +11.3% | |
| Cost of revenue | 6.5 | 13.9 | 16.9 | 19.2 | 23.2 | 25.2 | +9.0% | |
| Gross profit | 1.8 | 3.6 | 3.6 | 3.9 | 5.2 | 6.4 | +21.7% | |
| Operating expenses | 2.4 | 2.3 | 3.4 | 3.0 | 3.4 | 4.0 | +15.9% | |
| Operating income | (0.6) | 1.3 | 0.2 | 0.9 | 1.8 | 2.4 | +33.1% | |
| Interest expense | 0.0 | — | 0.1 | 0.2 | 0.1 | 0.1 | −8.4% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.4 | +160.1% | |
| Pre-tax income | (0.3) | 1.4 | 0.1 | 1.1 | 1.5 | 2.7 | +77.6% | |
| Income tax | (0.1) | 0.2 | 0.0 | 0.4 | 0.5 | 0.7 | +40.7% | |
| Net income | (0.2) | 1.2 | 0.1 | 0.7 | 1.1 | 2.1 | +93.6% | |
| EPS, basic (per share) | (0.02) | 0.12 | 0.01 | 0.07 | 0.10 | 0.15 | +52.1% | |
| EPS, diluted (per share) | (0.02) | 0.12 | 0.01 | 0.07 | 0.10 | 0.15 | +53.0% | |
| EBITDA | (0.5) | 1.3 | 0.3 | 1.0 | 1.9 | 2.5 | +30.9% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | +2.7% | |
| Weighted average shares (shares) | 10,070,220 | 10,070,220 | 10,090,581 | 9,571,508 | 10,645,311 | 13,539,488 | +27.2% | |
| Weighted average diluted shares (shares) | 10,070,220 | 10,070,220 | 10,455,723 | 9,763,746 | 10,846,194 | 13,718,640 | +26.5% | |
| Gross margin | 21.8% | 20.4% | 17.7% | 16.8% | 18.4% | 20.1% | +1.7 pts | |
| Operating margin | −6.8% | 7.3% | 1.1% | 3.9% | 6.2% | 7.4% | +1.2 pts | |
| Net margin | −3.0% | 6.6% | 0.3% | 3.1% | 3.8% | 6.6% | +2.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
