| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25.8 | 25.5 | 27.5 | 29.9 | 32.4 | 35.7 | +10.2% | |
| Cost of revenue | 8.8 | 6.8 | 7.8 | 12.9 | 9.9 | 9.6 | −3.1% | |
| Gross profit | 17.0 | 18.8 | 19.7 | 17.0 | 22.5 | 26.1 | +16.0% | |
| Research & development | 0.8 | 0.8 | 0.8 | 1.1 | 0.9 | 0.8 | −4.4% | |
| Selling, general & administrative | 10.5 | 13.3 | 14.1 | 15.7 | 16.1 | 17.4 | +8.2% | |
| Selling & marketing | (0.8) | 5.9 | 6.4 | 6.4 | 7.1 | 8.3 | +16.8% | |
| Operating expenses | 11.3 | 13.4 | 14.1 | 18.0 | 16.1 | 17.4 | +8.7% | |
| Operating income | 5.7 | 5.4 | 5.6 | 1.5 | 6.5 | 8.7 | +34.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | −81.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +650.0% | |
| Other income / expense | (0.0) | 0.0 | (0.0) | (2.6) | (0.2) | (0.0) | +91.4% | |
| Pre-tax income | 5.7 | 5.4 | 5.5 | (1.1) | 6.3 | 8.7 | +37.3% | |
| Income tax | 0.9 | 0.4 | 0.5 | (0.2) | 1.5 | 2.3 | +47.8% | |
| Net income | 4.7 | 5.0 | 5.0 | (0.9) | 4.8 | 6.4 | +33.9% | |
| 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) | 0.10 | 0.10 | 0.10 | (0.02) | 0.10 | 0.13 | +32.0% | |
| EPS, diluted (per share) | 0.10 | 0.10 | 0.10 | (0.02) | 0.10 | 0.13 | +32.9% | |
| EBITDA | 6.1 | 5.8 | 5.8 | (0.8) | 6.7 | 11.9 | +79.0% | |
| Depreciation & amortization | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 | 3.2 | +1570.6% | |
| Weighted average shares (shares) | 47,953,023 | 48,269,166 | 48,387,354 | 48,392,178 | 48,392,178 | 48,420,583 | +0.1% | |
| Weighted average diluted shares (shares) | 48,170,860 | 48,661,104 | 48,599,519 | 48,392,178 | 48,708,067 | 48,433,474 | −0.6% | |
| Gross margin | 66.0% | 73.5% | 71.6% | 56.8% | 69.5% | 73.2% | +3.7 pts | |
| Operating margin | 22.1% | 21.1% | 20.2% | 5.0% | 19.9% | 24.3% | +4.4 pts | |
| Net margin | 18.3% | 19.5% | 18.3% | −3.0% | 14.7% | 17.9% | +3.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
