| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.1 | 13.2 | 13.4 | 14.5 | 15.0 | 15.1 | +0.4% | |
| Cost of revenue | 3.5 | 4.7 | 5.7 | 6.6 | 6.7 | 6.7 | +0.4% | |
| Gross profit | 9.6 | 8.5 | 7.7 | 7.8 | 8.3 | 8.4 | +0.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.7 | 1.5 | 1.6 | 1.8 | 1.7 | 1.8 | +11.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.2 | 0.5 | 0.6 | 1.5 | 1.4 | 1.8 | +31.7% | |
| Operating income | 6.7 | 7.7 | 8.9 | 6.3 | 7.0 | 6.5 | −5.9% | |
| Interest expense | 5.0 | 5.1 | 4.7 | 5.6 | 5.7 | 4.7 | −18.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.9 | 1.6 | 0.2 | −90.4% | |
| Other income / expense | (4.1) | 8.2 | 16.6 | (0.8) | 1.7 | (1.0) | −157.1% | |
| Pre-tax income | 2.6 | 15.9 | 22.9 | 5.5 | 8.7 | 5.6 | −35.9% | |
| Income tax | (0.1) | 2.4 | 5.9 | 1.1 | 2.0 | 1.3 | −34.1% | |
| Net income | 2.6 | 13.5 | 17.0 | 4.4 | 6.7 | 4.3 | −36.4% | |
| 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) | 0.15 | 0.76 | 0.97 | 0.25 | 0.38 | 0.25 | −34.2% | |
| EPS, diluted (per share) | 0.15 | 0.76 | 0.97 | 0.25 | 0.38 | 0.25 | −34.2% | |
| EBITDA | 7.6 | 21.1 | 6.4 | 11.1 | 14.9 | 10.5 | −29.6% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.3 | −49.2% | |
| Weighted average shares (shares) | 17,683,469 | 17,683,469 | 17,577,699 | 17,471,929 | 17,420,459 | 17,361,429 | −0.3% | |
| Weighted average diluted shares (shares) | 17,683,469 | 17,683,469 | 17,577,699 | 17,471,929 | 17,420,429 | 17,361,429 | −0.3% | |
| Gross margin | 73.3% | 64.7% | 57.1% | 54.1% | 55.4% | 55.4% | −0.0 pts | |
| Operating margin | 51.4% | 58.5% | 66.4% | 43.9% | 46.2% | 43.3% | −2.9 pts | |
| Net margin | 20.3% | 102.6% | 126.6% | 30.6% | 44.4% | 28.2% | −16.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
