| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.6 | 1.5 | 2.1 | 5.3 | 10.3 | 12.0 | +16.3% | |
| Cost of revenue | 0.1 | 0.3 | 0.4 | 0.9 | 4.5 | 7.8 | +73.8% | |
| Gross profit | 0.5 | 1.2 | 1.7 | 4.4 | 5.8 | 4.1 | −28.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.8 | 2.9 | 3.3 | 6.5 | 8.7 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.9 | 2.9 | 3.3 | 6.5 | 8.7 | 6.7 | −22.5% | |
| Operating income | (0.3) | (1.7) | (1.6) | (2.1) | (2.9) | (2.6) | +10.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.4 | +112.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Other income / expense | (0.2) | (0.0) | (0.0) | 1.6 | (0.0) | (0.5) | −971.4% | |
| Pre-tax income | (0.4) | (1.8) | (1.6) | (0.4) | (2.9) | (3.0) | −3.8% | |
| Income tax | (0.0) | (0.0) | (0.1) | 0.0 | (0.0) | 0.2 | +1507.1% | |
| Net income | (0.4) | (1.7) | (1.5) | (0.4) | (2.9) | (3.2) | −11.1% | |
| 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) | (0.10) | (0.08) | (0.02) | (0.09) | (0.06) | +31.7% | |
| EPS, diluted (per share) | (0.02) | (0.10) | (0.08) | (0.02) | (0.09) | (0.06) | +31.7% | |
| EBITDA | (0.2) | (1.5) | (0.8) | 1.0 | (1.6) | (1.4) | +9.4% | |
| Depreciation & amortization | 0.1 | 0.3 | 0.6 | 1.2 | 1.2 | 1.2 | +5.0% | |
| Weighted average shares (shares) | 16,559,334 | 17,299,795 | 19,291,555 | 21,976,145 | 33,744,137 | 54,971,179 | +62.9% | |
| Weighted average diluted shares (shares) | 16,559,334 | 17,299,795 | 19,291,555 | 21,976,145 | 33,744,137 | 54,971,179 | +62.9% | |
| Gross margin | 90.2% | 81.8% | 80.5% | 82.6% | 56.2% | 34.5% | −21.7 pts | |
| Operating margin | −59.2% | −118.6% | −73.8% | −39.0% | −28.0% | −21.6% | +6.4 pts | |
| Net margin | −65.9% | −116.1% | −71.9% | −8.4% | −28.3% | −27.0% | +1.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
