| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.9 | 6.1 | 6.7 | 7.2 | 6.9 | 6.8 | −1.0% | |
| Cost of revenue | 3.6 | 3.3 | 3.5 | 2.9 | 2.7 | 3.6 | +33.0% | |
| Gross profit | 2.2 | 2.8 | 3.3 | 4.3 | 3.4 | 3.2 | −5.9% | |
| Research & development | 0.3 | 0.5 | 0.5 | 0.4 | 0.8 | 0.0 | −100.0% | |
| Selling, general & administrative | 3.2 | 3.4 | 3.7 | 3.7 | 3.1 | 5.3 | +74.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | −37.2% | |
| Operating expenses | 3.0 | 3.4 | 3.7 | 3.7 | 3.8 | 3.2 | −17.0% | |
| Operating income | 0.0 | 0.2 | 0.4 | 0.6 | 0.3 | (0.0) | −101.2% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +53.8% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −3.8% | |
| Other income / expense | (0.0) | 0.0 | (0.0) | 0.1 | 0.1 | (1.3) | −2125.8% | |
| Pre-tax income | 0.0 | 0.2 | 0.4 | 0.7 | 0.4 | (1.3) | −445.6% | |
| Income tax | (0.1) | (0.1) | (0.1) | 0.0 | 0.0 | (0.3) | −1281.8% | |
| Net income | 0.1 | 0.3 | 0.6 | 0.6 | 0.4 | (1.1) | −395.4% | |
| 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) | 0.01 | 0.04 | 0.07 | 0.08 | 0.04 | (0.13) | −391.5% | |
| EPS, diluted (per share) | 0.01 | 0.04 | 0.07 | 0.08 | 0.04 | (0.13) | −393.5% | |
| EBITDA | 0.9 | 1.1 | 1.3 | 1.4 | 1.2 | 0.8 | −35.9% | |
| Depreciation & amortization | 0.8 | 0.8 | 0.9 | 0.7 | 0.8 | 0.8 | −2.3% | |
| Weighted average shares (shares) | 8,475,000 | 8,475,000 | 8,475,000 | 8,371,477 | 8,200,077 | 8,142,982 | −0.7% | |
| Weighted average diluted shares (shares) | 8,475,000 | 8,475,000 | 8,475,000 | 8,425,555 | 8,262,556 | 8,142,982 | −1.4% | |
| Gross margin | 38.1% | 45.7% | 48.4% | 59.3% | 48.9% | 46.5% | −2.4 pts | |
| Operating margin | 0.7% | 2.9% | 6.5% | 8.3% | 4.7% | −0.1% | −4.7 pts | |
| Net margin | 1.5% | 5.6% | 8.3% | 8.8% | 5.3% | −15.8% | −21.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
