E 
256.00p
+4.92%
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.
Net income
£177.0m
FY2016FY2025
Free cash flow
−£10.2m
FY2016FY2025
Shareholders' equity
£769.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | £183.2m | £73.2m | −£181.6m | −£541.2m | £168.4m | £322.7m | £34.1m | £46.4m | £82.4m | £40.1m |
| Research and development | — | — | £7 | £8 | £1 | £9 | £15 | £2 | £6 | £3 |
| Operating income | £179.9m | £71.7m | −£182.5m | −£539.4m | £167.4m | £322.0m | £33.4m | £49.6m | £85.0m | £42.3m |
| Net income | £177.0m | £71.7m | −£182.6m | −£542.2m | £167.4m | £322.0m | £33.3m | £48.4m | £84.2m | £41.3m |
| Diluted earnings per share | 0.48 | 0.19 | -0.47 | -1.38 | 0.41 | 0.99 | 0.11 | 0.18 | 0.34 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £850.4m | £729.0m | £690.8m | £888.8m | £1.41bn | £1.04bn | £586.4m | £522.1m | £388.6m | £306.2m |
| Cash and short-term investments | £59.3m | £22.8m | £19.1m | £11.1m | £33.1m | £40.9m | £13.3m | £23.6m | £4.7m | £13.2m |
| Total liabilities | £81.4m | £94.4m | £106.0m | £113.3m | £68.5m | £51.5m | £49.6m | £49.6m | £35.8m | £37.6m |
| Debt | £78.1m | £91.7m | £103.2m | £103.8m | £66.2m | £48.7m | £48.6m | £48.6m | £35.0m | £36.9m |
| Shareholders' equity | £769.0m | £634.6m | £584.7m | £775.6m | £1.34bn | £991.7m | £536.7m | £472.5m | £352.8m | £268.6m |
| Shares outstanding | 366m | 378m | 389m | 392m | 404m | 327m | 300m | 274m | 245m | 245m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£10.2m | −£11.0m | −£10.1m | −£7.8m | −£8.8m | −£5.3m | −£4.2m | −£5.4m | −£3.1m | −£2.0m |
| Free cash flow | −£10.2m | −£11.0m | −£10.1m | −£7.8m | −£8.8m | −£5.3m | −£4.2m | −£5.4m | −£3.1m | −£2.0m |
Latest quarters
By quarter end
| Apr 2026 | Oct 2025 | Apr 2025 | Oct 2024 | Apr 2024 | Jan 2024 | Oct 2023 | Jul 2023 | |
|---|---|---|---|---|---|---|---|---|
| Gross profit | £20.9m | £195.5m | −£12.3m | £38.1m | £40.7m | £20.4m | −£30.7m | −£57.5m |
| Operating income | £67.2m | £196.8m | −£16.9m | £35.8m | £38.2m | £19.1m | −£117.4m | −£58.7m |
| Net income | £64.2m | £195.0m | −£18.0m | £34.9m | £36.8m | £18.4m | −£123.8m | −£61.9m |
| Diluted earnings per share | 0.19 | 0.53 | -0.05 | 0.09 | 0.10 | 0.05 | -0.32 | -0.16 |
| Cash from operations | −£7.0m | −£2.0m | −£8.0m | −£5.0m | −£5.0m | −£2.0m | −£5.0m | −£2.0m |
| Capital spending | −£7.0m | −£2.0m | — | — | −£10.0m | — | — | — |
| Free cash flow | −£14.0m | −£4.0m | — | — | −£15.0m | — | — | — |
| Total assets | £907.8m | £850.4m | £663.3m | £729.0m | £714.1m | £714.1m | £690.8m | £690.8m |
| Cash and short-term investments | £56.9m | £59.3m | £7.1m | £22.8m | £7.8m | £7.8m | £19.1m | £19.1m |
| Debt | £76.9m | £78.1m | £54.4m | £91.7m | £93.3m | £93.3m | £103.2m | £103.2m |
| Shareholders' equity | £828.7m | £769.0m | £605.6m | £634.6m | £615.6m | £615.6m | £584.7m | £584.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | -10.3% | 23.7% |
| Operating income | — | -11.0% | 23.0% |
| Net income | — | -11.3% | 23.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 405.1% | 70.7% | -14.7% | 393.6% |
| Operating margin | 397.5% | 71.3% | -11.4% | 396.9% |
| Net margin | 392.9% | 72.2% | -7.9% | 381.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 4.4 | 10.3 | -3.4 | -1.3 | 7.1 | 3.8 | 17.7 | 8.4 | 4.5 | 5.9 |
| Price to sales | 4.2 | -5.9 | -3.4 | -1.3 | 7.0 | 3.8 | 17.4 | 8.2 | 4.4 | 5.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 Jan 2015.
| FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.003 | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 |
- 5-for-1 split · 28 Jan 2019
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.