| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.4 | 10.6 | 11.2 | 12.4 | 11.5 | 12.2 | +6.8% | |
| Cost of revenue | 2.0 | 2.5 | 2.8 | 4.1 | 3.5 | 3.4 | −2.3% | |
| Gross profit | 6.4 | 8.1 | 8.3 | 8.2 | 8.0 | 8.8 | +10.8% | |
| Research & development | 0.4 | 1.4 | 1.7 | 0.4 | 3.3 | 1.5 | −55.3% | |
| Selling, general & administrative | 3.6 | 4.6 | 4.5 | 5.7 | 2.4 | 4.1 | +70.3% | |
| Selling & marketing | 1.7 | 1.8 | 2.2 | 2.7 | 2.8 | 0.0 | −100.0% | |
| Operating expenses | 5.0 | 6.0 | 6.7 | 6.1 | 5.7 | 5.5 | −2.7% | |
| Operating income | 1.5 | 2.2 | 1.8 | 2.1 | 2.3 | 3.3 | +44.1% | |
| Interest expense | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | −23.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.4) | (0.7) | (0.6) | (0.6) | (3.6) | (1.1) | +68.7% | |
| Pre-tax income | 1.1 | 1.5 | 1.2 | 1.5 | (1.3) | 2.2 | +267.5% | |
| Income tax | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | (0.5) | −10580.0% | |
| Net income | 1.3 | 1.5 | 1.2 | 1.5 | (1.3) | 2.7 | +306.9% | |
| 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 | 0.01 | 0.01 | 0.01 | (0.01) | 0.02 | +306.7% | |
| EPS, diluted (per share) | 0.01 | 0.01 | 0.01 | 0.01 | (0.01) | 0.02 | +293.3% | |
| EBITDA | 2.7 | 2.9 | 2.9 | 3.6 | 0.2 | 4.1 | +1637.6% | |
| Depreciation & amortization | 1.2 | 1.1 | 1.3 | 1.5 | 1.0 | 0.8 | −20.5% | |
| Weighted average shares (shares) | 124,477,000 | 124,477,000 | 124,477,000 | 124,477,000 | 124,477,000 | 124,477,000 | +0.0% | |
| Weighted average diluted shares (shares) | 126,862,000 | 125,775,000 | 125,709,000 | 127,454,000 | 124,477,000 | 133,032,999 | +6.9% | |
| Gross margin | 76.6% | 76.6% | 74.7% | 66.6% | 69.6% | 72.2% | +2.6 pts | |
| Operating margin | 17.5% | 20.3% | 16.5% | 17.4% | 20.0% | 27.0% | +7.0 pts | |
| Net margin | 15.4% | 13.8% | 10.6% | 12.4% | −11.4% | 22.1% | +33.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
