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140.50p
+0.36%
Close of 9 Nov 2026, in pence
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$110.1m
FY2016FY2025
Net income
−$7.7m
FY2016FY2025
Free cash flow
$28.3m
FY2016FY2025
Shareholders' equity
—
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $110.1m | $92.4m | $92.7m | $112.2m | $117.7m | $135.3m | $99.6m | $119.1m | $109.8m | $94.2m |
| Operating income | $63.8m | $44.5m | $35.2m | $59.4m | $31.4m | $75.0m | $54.1m | $67.1m | $65.5m | $54.2m |
| Net income | −$7.7m | $19.7m | $12.9m | $17.1m | −$84.9m | $9.7m | $38.3m | $25.7m | $20.0m | $21.3m |
| Diluted earnings per share | -0.11 | 0.28 | 0.18 | 0.25 | -1.31 | 0.15 | 0.61 | 0.40 | 0.32 | 0.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | $1.14bn | $1.18bn | $1.22bn | $1.28bn | $1.42bn | $1.48bn | $1.39bn | $1.15bn | $895.9m |
| Cash and short-term investments | — | $34.0m | $37.3m | $39.0m | $25.1m | $35.3m | $131.6m | $61.7m | $60.0m | $60.5m |
| Total liabilities | — | $886.0m | $938.0m | $989.9m | $1.13bn | $1.19bn | $1.22bn | $1.15bn | $924.1m | $700.1m |
| Debt | — | $676.0m | $756.7m | $828.5m | $948.3m | $1.07bn | $1.08bn | $1.08bn | $868.6m | $643.6m |
| Shareholders' equity | — | $256.0m | $241.6m | $227.1m | $156.9m | $220.9m | $251.5m | $240.7m | $228.1m | $195.9m |
| Shares outstanding | 69m | 71m | 70m | 69m | 65m | 63m | 63m | 64m | 63m | 60m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $91.5m | $81.6m | $48.4m | $54.5m | $62.3m | $88.5m | $90.4m | $73.6m | $102.7m | $63.0m |
| Capital spending | −$63.2m | −$5,000 | −$6,000 | −$17,000 | −$104,000 | −$58.7m | −$58.6m | −$328.6m | −$322.8m | −$275.7m |
| Free cash flow | $28.3m | $81.6m | $48.4m | $54.5m | $62.2m | $29.8m | $31.8m | −$255.0m | −$220.1m | −$212.6m |
| Dividends paid | −$450,000 | — | — | — | — | −$6.8m | −$6.8m | −$5.8m | −$3.7m | −$1.8m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.5m | $57.1m | $53.0m | $47.7m | $44.7m | $44.1m | $22.8m | $48.6m |
| Gross profit | — | — | — | — | — | — | $22.8m | — |
| Operating income | $30.5m | $33.4m | $30.4m | $26.7m | $18.7m | $12.4m | −$6.7m | $25.2m |
| Net income | −$4.9m | −$8.6m | $868,000 | $28.5m | −$8.8m | $4.3m | $1.9m | $8.7m |
| Diluted earnings per share | -0.08 | -0.12 | 0.01 | 0.40 | -0.12 | 0.06 | 0.03 | 0.13 |
| Cash from operations | −$1.0m | $36.0m | $54.0m | $29.0m | $52.0m | $18.0m | — | $30.0m |
| Capital spending | −$21.0m | −$47.0m | −$15.0m | — | — | — | — | — |
| Free cash flow | −$22.0m | −$11.0m | $39.0m | — | — | — | — | — |
| Total assets | $992.5m | $1.10bn | $1.08bn | $1.14bn | $1.17bn | $1.18bn | $1.18bn | $1.19bn |
| Cash and short-term investments | $54.0m | $58.3m | $82.1m | $34.3m | $161.0m | $128.1m | $128.2m | $122.0m |
| Debt | $543.1m | $582.3m | $582.5m | $625.4m | $683.0m | $694.6m | $695.0m | $721.8m |
| Shareholders' equity | $230.3m | $243.8m | $245.6m | $256.4m | $230.0m | $243.9m | $241.6m | $237.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.6% | -4.0% | 4.5% |
| Operating income | 2.4% | -3.2% | 4.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 53.5% | 49.8% | 46.8% | 51.2% |
| Net margin | 5.9% | 10.3% | -5.0% | 7.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -16.4 | 7.3 | 9.2 | 5.3 | -0.9 | 11.0 | 5.9 | 8.6 | 9.8 | 7.3 |
| Price to sales | 1.1 | 1.6 | 1.3 | 0.8 | 0.7 | 0.8 | 2.3 | 1.9 | 1.8 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 16 Oct 2025.
| FY2026 | FY2025 | FY2022 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.007 | 0.005 | 0.214 | 0.106 | 0.093 | 0.093 | 0.033 | 0.014 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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