| GBP millions | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|
| Revenue | 1.6 | 4.2 | 6.5 | 4.1 | −37.3% | |
| Cost of revenue | 1.0 | 3.2 | 4.9 | 3.1 | −36.6% | |
| Gross profit | 0.6 | 1.1 | 1.6 | 1.0 | −39.6% | |
| Operating expenses | 0.3 | 0.5 | 0.6 | 2.2 | +275.8% | |
| Operating income | 0.4 | 0.5 | 1.0 | (1.3) | −228.9% | |
| Interest expense | 0.0 | 0.1 | 0.2 | 0.2 | −18.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 0.4 | 0.5 | 0.8 | (1.6) | −303.4% | |
| Income tax | 0.1 | 0.1 | 0.2 | (0.2) | −200.2% | |
| Net income | 0.3 | 0.4 | 0.6 | (1.4) | −340.1% | |
| EPS, basic (per share) | 0.01 | 0.01 | 0.01 | (0.02) | −335.0% | |
| EPS, diluted (per share) | 0.01 | 0.01 | 0.01 | (0.02) | −335.0% | |
| EBITDA | 0.4 | 0.6 | 1.0 | (1.1) | −207.7% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.2 | +464.4% | |
| Weighted average shares (shares) | 55,849,353 | 55,849,353 | 55,849,353 | 57,245,587 | +2.5% | |
| Weighted average diluted shares (shares) | 55,849,353 | 55,849,353 | 55,849,353 | 57,245,587 | +2.5% | |
| Gross margin | 38.7% | 25.5% | 24.2% | 23.4% | −0.9 pts | |
| Operating margin | 23.2% | 12.9% | 15.1% | −31.1% | −46.3 pts | |
| Net margin | 17.4% | 8.5% | 8.9% | −34.0% | −42.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
