S 
626.00p
+2.45%
Close of 9 Nov 2026, in pence
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in GBP, from our data supplier.
Revenue
£25.3m
FY2016FY2025
Net income
£64.1m
FY2016FY2025
Free cash flow
—
FY2016FY2025
Shareholders' equity
£529.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £25.3m | £10.7m | £14.4m | −£70.3m | £38.9m | £118.1m | £47.6m | −£25.1m | £70.5m | £44.6m |
| Operating income | £65.7m | £60.1m | £37.7m | −£69.9m | £38.9m | £118.3m | £47.8m | −£49.8m | £70.1m | £44.2m |
| Net income | £64.1m | £55.6m | £35.4m | −£70.9m | £36.3m | £117.9m | £46.5m | −£26.1m | £69.7m | £44.1m |
| Diluted earnings per share | 0.69 | 0.59 | 0.35 | -0.67 | 0.35 | 1.20 | 0.48 | -0.30 | 0.89 | 0.60 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £533.2m | £510.0m | £487.9m | £505.0m | £603.7m | £519.0m | £373.7m | £307.1m | £315.0m | £219.2m |
| Cash and short-term investments | £2.4m | £627,000 | £2.5m | £5.2m | £2.9m | £2.0m | £4.2m | £14.7m | £2.3m | £7.3m |
| Total liabilities | £3.8m | £33.9m | £39.4m | £47.5m | £52.0m | £35.5m | £15.8m | £13.3m | £20.6m | £24.2m |
| Debt | — | £26.9m | £37.3m | £46.1m | £48.8m | £29.8m | £12.2m | £12.0m | £15.4m | £21.0m |
| Shareholders' equity | £529.5m | £476.1m | £448.5m | £457.5m | £551.7m | £483.5m | £357.9m | £293.8m | £294.4m | £195.0m |
| Shares outstanding | 94m | 94m | 100m | 105m | 102m | 99m | 96m | 88m | 79m | 73m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £2.4m | £7.4m | £11.0m | £11.0m | £8.0m | £3.8m | £6.7m | £239,000 | £262,000 | £2.9m |
| Capital spending | −£2.4m | — | — | — | — | — | — | — | −£156.6m | −£129.0m |
| Free cash flow | — | £7.4m | £11.0m | £11.0m | £8.0m | £3.8m | £6.7m | £239,000 | −£156.4m | −£126.1m |
| Dividends paid | −£10.8m | −£11.0m | −£11.4m | −£9.3m | −£7.4m | −£6.4m | −£5.8m | −£4.1m | −£3.3m | −£2.8m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £186.2m | £35.2m | −£10.0m | £19.1m | £47.9m | £24.0m | £29.4m | £14.7m |
| Operating income | £180.6m | £33.4m | −£11.8m | £14.2m | £45.9m | £22.9m | £27.4m | £13.7m |
| Net income | £179.2m | £77.1m | −£12.9m | £11.9m | £43.8m | £21.9m | £25.0m | £12.5m |
| Diluted earnings per share | 1.92 | 0.82 | -0.14 | 0.13 | 0.47 | 0.23 | 0.25 | 0.12 |
| Cash from operations | £3.0m | £2.0m | — | £2.0m | £2.0m | £1.0m | £5.0m | £3.0m |
| Capital spending | — | −£2.0m | — | −£2.0m | — | — | −£11.0m | — |
| Free cash flow | — | £0 | — | £0 | — | — | −£6.0m | — |
| Total assets | £711.3m | £533.2m | £475.4m | £510.0m | £507.9m | £507.9m | £487.9m | £487.9m |
| Cash and short-term investments | £2.9m | £2.4m | £1.0m | £627,000 | £464,000 | £464,000 | £2.5m | £2.5m |
| Debt | £7.5m | — | £19.2m | £26.9m | £31.1m | £31.1m | £37.3m | £37.3m |
| Shareholders' equity | £693.5m | £529.5m | £452.4m | £476.1m | £473.4m | £473.4m | £448.5m | £448.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | -26.5% | 16.7% |
| Operating income | — | -11.1% | 29.3% |
| Net income | — | -11.5% | 29.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 349.5% | -470.9% | 183.1% | 131.5% |
| Net margin | 332.8% | -423.4% | 174.0% | 134.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.2 | 8.1 | 12.5 | -6.1 | 14.3 | 4.1 | 7.6 | -11.2 | 4.1 | 4.2 |
| Price to sales | 20.8 | 42.1 | 30.6 | -6.1 | 13.3 | 4.1 | 7.4 | -11.7 | 4.0 | 4.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 9 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.115 | 0.115 | 0.115 | 0.11 | 0.085 | 0.071 | 0.065 | 0.062 |
- 2-for-1 split · 13 Apr 1994
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.