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4.25p
0.00%
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 GBP, from our data supplier.
Revenue
£33.0m
FY2016FY2025
Net income
−£1.4m
FY2016FY2025
Free cash flow
£2.5m
FY2016FY2025
Shareholders' equity
£176,000
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £33.0m | £34.6m | £31.5m | £31.0m | £20.7m | £12.5m | £33.4m | £34.3m | £29.6m | £21.5m |
| Gross profit | £27.1m | £27.8m | £24.7m | £24.4m | £16.9m | £9.3m | £24.9m | £24.7m | £21.3m | £15.7m |
| Operating income | −£542,000 | −£831,000 | −£720,098 | £1.9m | £2.3m | −£7.2m | £229,721 | £443,964 | £517,278 | −£879,759 |
| Net income | −£1.4m | −£1.9m | −£1.6m | £588,304 | £1.6m | −£8.1m | −£666,963 | −£315,306 | £399,112 | −£918,113 |
| Diluted earnings per share | -0.01 | -0.02 | -0.01 | 0.00 | 0.01 | -0.07 | -0.01 | -0.00 | 0.00 | -0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £25.7m | £31.9m | £28.7m | £32.1m | £34.4m | £35.5m | £43.3m | £20.7m | £20.9m | £16.0m |
| Cash and short-term investments | £3.9m | £6.0m | £7.0m | £9.9m | £9.9m | £7.8m | £5.1m | £4.6m | £5.6m | £813,207 |
| Total liabilities | £25.5m | £30.4m | £25.5m | £27.3m | £30.2m | £33.0m | £32.8m | £6.8m | £6.7m | £6.0m |
| Debt | £19.4m | £22.3m | £18.9m | £20.3m | £23.2m | £25.6m | £27.0m | £743,132 | £1.6m | £2.0m |
| Shareholders' equity | £176,000 | £1.5m | £3.2m | £4.8m | £4.2m | £2.5m | £10.6m | £13.8m | £14.1m | £10.0m |
| Shares outstanding | 123m | 123m | 123m | 123m | 123m | 123m | 123m | 123m | 123m | 103m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £2.9m | £5.3m | £2.2m | £4.3m | £4.7m | £2.7m | £5.5m | £2.1m | £1.5m | £45,388 |
| Capital spending | −£401,000 | −£2.6m | −£1.3m | −£581,250 | −£436,272 | −£182,578 | −£1.3m | −£2.3m | −£2.8m | −£4.5m |
| Free cash flow | £2.5m | £2.7m | £965,577 | £3.7m | £4.2m | £2.5m | £4.3m | −£184,949 | −£1.2m | −£4.5m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −£78,375 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £15.7m | £17.0m | £16.0m | £18.7m | £15.9m | £16.7m | £14.8m | £16.5m |
| Gross profit | £12.8m | £13.9m | £13.1m | £15.1m | £12.7m | £13.2m | £11.5m | £12.9m |
| Operating income | £280,000 | −£1.2m | £415,000 | £774,300 | −£1.5m | £132,790 | −£787,250 | £281,870 |
| Net income | −£185,000 | −£1.3m | −£84,000 | −£205,000 | −£1.7m | −£818,971 | −£780,460 | −£357,521 |
| Diluted earnings per share | -0.00 | -0.01 | -0.00 | -0.00 | -0.01 | -0.01 | -0.01 | -0.00 |
| Cash from operations | £1.0m | £1.0m | — | £3.0m | £2.0m | £2.0m | — | — |
| Capital spending | — | — | — | — | −£2.0m | — | — | — |
| Free cash flow | — | — | — | — | £0 | — | — | — |
| Total assets | £24.1m | £25.7m | £30.1m | £31.9m | £30.8m | £28.7m | £28.9m | £32.1m |
| Cash and short-term investments | £3.1m | £3.9m | £4.3m | £6.0m | £4.9m | £7.0m | £7.6m | £9.9m |
| Debt | £3.0m | £3.4m | £17.2m | £4.1m | £7.0m | £4.2m | £3.1m | £4.6m |
| Shareholders' equity | −£25,000 | £176,000 | £1.5m | £1.5m | £1.4m | £3.2m | £4.0m | £4.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.1% | 21.4% | 6.4% |
| Operating income | — | -40.5% | — |
| Net income | — | -29.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 81.2% | 79.9% | 79.8% | 75.2% |
| Operating margin | -2.0% | -0.1% | -3.1% | -1.1% |
| Net margin | -4.9% | -3.3% | -6.6% | -3.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.5 | -2.0 | -5.8 | 10.9 | 4.2 | -0.4 | -14.8 | -40.9 | 72.3 | -79.0 |
| Price to sales | 0.2 | 0.1 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 1.0 | 3.4 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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