| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.2 | 29.5 | 42.5 | 46.3 | 37.1 | 42.3 | +13.9% | |
| Cost of revenue | 6.3 | 13.0 | 18.6 | 19.6 | 14.1 | 15.2 | +8.3% | |
| Gross profit | 5.8 | 16.5 | 23.8 | 26.7 | 23.1 | 27.0 | +17.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 8.7 | 16.5 | 22.2 | 27.0 | 22.9 | 26.3 | +15.1% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | — | |
| Operating expenses | 9.1 | 17.0 | 22.2 | 27.0 | 23.1 | 26.3 | +14.0% | |
| Operating income | (3.2) | (0.5) | 1.6 | (0.3) | (0.0) | 0.7 | +1802.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | +58.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | +47.7% | |
| Other income / expense | 0.1 | (0.0) | (0.0) | (0.0) | (0.0) | (0.7) | −2636.0% | |
| Pre-tax income | (3.1) | (0.6) | 1.6 | (0.3) | (0.1) | 0.0 | +146.3% | |
| Income tax | (0.1) | (0.4) | (0.3) | 0.1 | 0.5 | (0.3) | −167.9% | |
| Net income | (3.0) | (0.1) | 1.9 | (0.4) | (0.5) | 0.4 | +165.3% | |
| 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) | (0.02) | (0.00) | 0.01 | (0.00) | (0.00) | 0.00 | +172.7% | |
| EPS, diluted (per share) | (0.02) | (0.00) | 0.01 | (0.00) | (0.00) | 0.00 | +172.7% | |
| EBITDA | (2.9) | (0.2) | 1.9 | 0.0 | 0.9 | 2.0 | +124.6% | |
| Depreciation & amortization | 0.2 | 0.3 | 0.2 | 0.3 | 0.8 | 1.2 | +54.2% | |
| Weighted average shares (shares) | 192,268,110 | 216,844,739 | 224,738,344 | 248,226,513 | 248,226,513 | 229,040,948 | −7.7% | |
| Weighted average diluted shares (shares) | 192,268,110 | 216,844,739 | 252,499,241 | 248,226,513 | 248,226,513 | 229,040,948 | −7.7% | |
| Gross margin | 48.0% | 56.0% | 56.2% | 57.6% | 62.1% | 64.0% | +1.9 pts | |
| Operating margin | −26.5% | −1.9% | 3.9% | −0.7% | −0.1% | 1.7% | +1.8 pts | |
| Net margin | −24.4% | −0.5% | 4.4% | −0.9% | −1.5% | 0.8% | +2.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
