F 
89.70p
-0.88%
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
£39.0m
FY2017FY2026
Net income
£37.2m
FY2017FY2026
Free cash flow
−£7.9m
FY2017FY2026
Shareholders' equity
£655.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £39.0m | −£1.3m | −£12.3m | £100.0m | £186.2m | £9.2m | −£9.7m | £54.2m | £22.0m | £26.5m |
| Gross profit | £39.0m | −£1.3m | −£12.3m | £100.0m | £186.2m | £9.2m | −£9.7m | £54.2m | £22.0m | £26.5m |
| Operating income | £37.2m | −£2.8m | −£13.9m | £98.3m | £185.0m | £8.1m | −£10.7m | £53.4m | £21.1m | £25.6m |
| Net income | £37.2m | −£2.8m | −£13.9m | £98.3m | £185.0m | £8.1m | −£10.7m | £53.4m | £21.1m | £25.6m |
| Diluted earnings per share | 0.06 | -0.00 | -0.02 | 0.15 | 0.28 | 0.01 | -0.02 | 0.11 | 0.04 | 0.07 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £657.3m | £680.8m | £753.9m | £817.1m | £765.1m | £506.0m | £534.7m | £521.9m | £394.0m | £341.1m |
| Cash and short-term investments | £492,000 | £2.6m | £271,000 | £143,000 | £2.0m | £1.9m | £1.8m | £1.8m | £5.5m | £4.2m |
| Total liabilities | £1.8m | £2.1m | £2.7m | £2.5m | £2.2m | £1.8m | £1.7m | £1.6m | £1.6m | £1.1m |
| Shareholders' equity | £655.5m | £678.7m | £751.2m | £814.6m | £762.9m | £504.2m | £533.0m | £520.3m | £392.4m | £340.0m |
| Shares outstanding | 627m | 630m | 647m | 662m | 662m | 622m | 547m | 505m | 484m | 381m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£7.9m | −£9.3m | −£9.9m | −£9.6m | −£7.7m | −£6.6m | −£6.3m | −£5.9m | −£4.5m | −£4.0m |
| Free cash flow | −£7.9m | −£9.3m | −£9.9m | −£9.6m | −£7.7m | −£6.6m | −£6.3m | −£5.9m | −£4.5m | −£4.0m |
| Dividends paid | −£49.6m | −£50.5m | −£49.4m | −£46.6m | −£41.9m | −£36.8m | −£32.9m | −£28.8m | −£23.1m | −£16.2m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £25.4m | £13.6m | −£5.5m | £872,500 | £4.2m | £2.1m | −£5.4m | −£5.4m |
| Gross profit | £25.4m | £13.6m | −£5.5m | £872,500 | £4.2m | £2.1m | −£5.4m | −£5.4m |
| Operating income | £27.6m | £9.5m | −£2.3m | −£1.1m | −£537,000 | −£268,500 | −£7.9m | −£7.9m |
| Net income | £27.6m | £9.5m | −£2.3m | −£1.1m | −£537,000 | −£268,500 | −£7.9m | −£7.9m |
| Diluted earnings per share | 0.04 | 0.02 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.01 |
| Cash from operations | −£3.0m | −£4.0m | −£4.0m | −£2.0m | −£5.0m | −£2.0m | −£4.0m | −£2.0m |
| Total assets | £657.3m | £654.7m | £680.8m | £680.8m | £722.5m | £722.5m | £753.9m | £753.9m |
| Cash and short-term investments | £492,000 | £158,000 | £2.6m | £2.6m | £193,000 | £193,000 | £271,000 | £271,000 |
| Shareholders' equity | £655.5m | £652.7m | £678.7m | £678.7m | £720.1m | £720.1m | £751.2m | £751.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -26.9% | 33.5% | 19.0% |
| Operating income | -27.7% | 35.6% | 19.6% |
| Net income | -27.7% | 35.6% | 19.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | 90.9% | 94.6% | 97.2% | 96.8% |
| Net margin | 90.9% | 94.6% | 97.2% | 96.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.2 | -146.3 | -33.7 | 6.8 | 4.3 | 80.5 | -58.3 | 11.5 | 24.1 | 16.2 |
| Price to sales | 14.5 | -331.9 | -38.2 | 6.7 | 4.3 | 71.0 | -64.3 | 11.3 | 23.1 | 15.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 12 years. Last went ex-dividend on 3 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.079 | 0.077 | 0.075 | 0.071 | 0.068 | 0.067 | 0.066 |
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.