C 
38.00p
0.00%
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
£114.2m
FY2017FY2026
Net income
£2.7m
FY2017FY2026
Free cash flow
£1.7m
FY2017FY2026
Shareholders' equity
−£8.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £114.2m | £121.2m | £132.7m | £143.4m | £128.6m | £107.6m | £110.5m | £105.3m | £146.2m | £138.3m |
| Research and development | — | £200,000 | £200,000 | £200,000 | £200,000 | £100,000 | £200,000 | — | — | — |
| Operating income | £12.6m | £7.6m | £1.8m | £4.1m | £8.9m | £9.3m | £7.0m | £6.3m | £10.0m | £11.7m |
| Net income | £2.7m | £872,000 | −£3.3m | −£4.0m | £5.8m | £7.4m | −£1.9m | −£2.9m | £8.5m | £8.0m |
| Diluted earnings per share | 0.04 | 0.01 | -0.04 | -0.05 | 0.08 | 0.10 | -0.03 | -0.04 | 0.12 | 0.11 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £92.4m | £97.0m | £100.9m | £122.7m | £128.2m | £116.0m | £118.5m | £149.6m | £160.1m | £159.7m |
| Cash and short-term investments | £5.8m | £10.7m | £6.0m | £10.4m | £12.3m | £15.5m | £19.3m | £10.3m | £13.0m | £22.3m |
| Total liabilities | £101.0m | £108.9m | £97.3m | £111.1m | £103.8m | £108.1m | £109.8m | £137.3m | £108.0m | £115.4m |
| Debt | £29.7m | £29.9m | £39.9m | £44.7m | £44.8m | £43.1m | £46.7m | £48.8m | £44.4m | £48.3m |
| Shareholders' equity | −£8.6m | −£11.8m | £3.7m | £11.6m | £24.4m | £7.9m | £8.8m | £12.3m | £52.0m | £44.3m |
| Shares outstanding | 75m | 73m | 75m | 73m | 73m | 73m | 73m | 73m | 73m | 73m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £4.2m | £11.5m | £10.4m | £4.0m | £3.0m | £8.4m | £19.4m | £1.8m | £3.5m | £5.9m |
| Capital spending | −£2.5m | −£1.1m | −£2.9m | −£2.4m | −£4.9m | −£7.3m | −£8.5m | −£6.9m | −£8.8m | −£7.9m |
| Free cash flow | £1.7m | £10.4m | £7.4m | £1.6m | −£1.9m | £1.1m | £10.9m | −£5.1m | −£5.2m | −£2.0m |
| Dividends paid | — | — | — | — | — | — | — | — | −£254,000 | −£596,000 |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £57.0m | £57.2m | £60.3m | £61.0m | £65.8m | £66.9m | £33.5m | £71.3m |
| Operating income | £7.1m | £5.5m | £5.1m | £2.5m | −£442,000 | £2.2m | −£344,000 | £1.5m |
| Net income | £2.3m | £367,000 | £1.5m | −£607,000 | −£1.1m | −£2.2m | −£1.1m | −£4.6m |
| Diluted earnings per share | 0.03 | 0.00 | 0.02 | -0.01 | -0.02 | -0.03 | -0.02 | -0.06 |
| Cash from operations | £3.0m | — | £8.0m | £3.0m | £1.0m | £8.0m | — | £5.0m |
| Capital spending | −£1.0m | — | — | — | — | −£2.0m | — | −£1.0m |
| Free cash flow | £2.0m | — | — | — | — | £6.0m | — | £4.0m |
| Total assets | £92.4m | £93.9m | £97.0m | £97.3m | £100.9m | £111.4m | £111.4m | £122.7m |
| Cash and short-term investments | £5.8m | £7.8m | £10.7m | £7.3m | £6.0m | £7.2m | £7.2m | £10.4m |
| Debt | £27.1m | £28.6m | £24.9m | £7.6m | £33.1m | £6.1m | £30.6m | £36.6m |
| Shareholders' equity | −£8.6m | −£9.5m | −£11.8m | £863,000 | £3.7m | £7.0m | £6.9m | £11.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.3% | 1.2% | -0.4% |
| Operating income | 45.1% | 6.2% | 2.9% |
| Net income | — | -18.3% | 2.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 8.6% | 5.1% | 5.9% | 6.5% |
| Net margin | 1.5% | -0.7% | 1.3% | 1.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.1 | 42.9 | -5.4 | -1.7 | 1.6 | 3.9 | -6.3 | -2.8 | 4.2 | 7.0 |
| Price to sales | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.2 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 3 Mar 2016.
| FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.031 | 0.029 | 0.029 | 0.027 | 0.025 | 0.023 | 0.022 | 0.022 |
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.