| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.1 | 3.6 | 2.7 | 3.0 | 2.9 | 3.0 | +5.3% | |
| Cost of revenue | 2.8 | 1.9 | 2.4 | 2.3 | 1.7 | 2.3 | +33.7% | |
| Gross profit | 4.3 | 1.7 | 0.3 | 0.7 | 1.1 | 0.7 | −39.5% | |
| Research & development | 1.3 | 1.6 | 0.1 | 0.3 | 0.4 | 0.0 | −100.0% | |
| Selling, general & administrative | 4.7 | 3.0 | 4.3 | 3.5 | 4.1 | 3.4 | −18.5% | |
| Selling & marketing | (1.3) | (0.8) | 0.1 | 0.3 | 0.0 | 0.0 | — | |
| Operating expenses | 6.0 | 4.7 | 4.5 | 3.8 | 4.7 | 3.4 | −27.8% | |
| Operating income | (1.7) | (3.0) | (4.0) | (2.8) | (3.5) | (2.7) | +24.1% | |
| Interest expense | 0.2 | 0.1 | 0.0 | 0.0 | 0.1 | 0.2 | +328.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Other income / expense | (0.2) | (0.1) | (0.0) | 0.0 | (0.1) | 0.1 | +245.1% | |
| Pre-tax income | (1.9) | (3.0) | (4.1) | (2.8) | (3.6) | (2.6) | +27.2% | |
| Income tax | (0.3) | (0.5) | (0.4) | (0.7) | (0.2) | (0.1) | +61.7% | |
| Net income | (1.6) | (2.0) | (3.4) | 0.4 | (3.4) | (2.5) | +24.8% | |
| Discontinued operations | 0.0 | 0.6 | 0.3 | 2.5 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.41) | (0.30) | (0.49) | (0.28) | (0.25) | (0.06) | +78.0% | |
| EPS, diluted (per share) | (0.41) | (0.30) | (0.49) | (0.28) | (0.25) | (0.06) | +78.0% | |
| EBITDA | (0.0) | (2.9) | (3.9) | (2.4) | (3.1) | (1.8) | +41.0% | |
| Depreciation & amortization | 1.7 | 0.0 | 0.1 | 0.4 | 0.4 | 0.6 | +28.3% | |
| Weighted average shares (shares) | 3,857,680 | 6,573,115 | 6,797,250 | 6,797,250 | 13,445,047 | 45,939,110 | +241.7% | |
| Weighted average diluted shares (shares) | 3,857,680 | 6,573,115 | 6,797,250 | 6,797,250 | 13,445,047 | 45,939,110 | +241.7% | |
| Gross margin | 60.8% | 47.8% | 11.8% | 22.5% | 38.8% | 22.3% | −16.5 pts | |
| Operating margin | −24.2% | −82.5% | −147.2% | −92.1% | −124.1% | −89.5% | +34.7 pts | |
| Net margin | −22.2% | −55.0% | −123.1% | 12.4% | −117.7% | −84.0% | +33.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
