H 
211.00p
+0.96%
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
£22.6m
FY2016FY2025
Net income
£60.0m
FY2016FY2025
Free cash flow
—
FY2016FY2025
Shareholders' equity
£340.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £22.6m | £24.4m | £26.0m | −£10.4m | £38.2m | −£26.3m | £53.3m | −£33.7m | £28.8m | £19.6m |
| Operating income | £63.1m | £29.2m | £24.1m | −£10.9m | £39.2m | −£26.8m | £52.9m | −£34.0m | £29.6m | £20.3m |
| Net income | £60.0m | £26.0m | £21.4m | −£11.0m | £37.6m | −£27.0m | £52.8m | −£34.2m | £28.4m | £19.1m |
| Diluted earnings per share | 0.35 | 0.15 | 0.17 | -0.08 | 0.29 | -0.21 | 0.41 | -0.27 | 0.22 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £405.9m | £371.6m | £274.1m | £264.9m | £295.0m | £262.3m | £309.8m | £272.3m | £314.2m | £256.1m |
| Cash and short-term investments | £3.7m | £2.5m | £2.0m | −£2.9m | £3.9m | £595,000 | £2.7m | £2.6m | £1.2m | £1.7m |
| Total liabilities | £65.7m | £68.4m | £51.7m | £50.6m | £58.7m | £51.0m | £58.7m | £61.5m | £57.0m | £48.3m |
| Debt | £64.8m | £67.4m | £50.5m | £49.0m | £57.4m | £49.7m | £57.8m | £60.3m | £55.8m | £47.6m |
| Shareholders' equity | £340.2m | £303.2m | £222.3m | £214.3m | £236.2m | £211.4m | £251.1m | £210.8m | £257.2m | £207.7m |
| Shares outstanding | 170m | 172m | 130m | 130m | 129m | 129m | 129m | 129m | 129m | 112m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £16.4m | £17.9m | £12.9m | £13.3m | £11.6m | £11.0m | £12.6m | £12.3m | £11.8m | £9.3m |
| Capital spending | −£16.4m | — | — | — | — | — | — | — | — | — |
| Free cash flow | — | £17.9m | £12.9m | £13.3m | £11.6m | £11.0m | £12.6m | £12.3m | £11.8m | £9.3m |
| Dividends paid | −£18.4m | −£17.0m | −£13.4m | −£13.0m | −£12.7m | −£12.7m | −£12.5m | −£12.3m | −£10.9m | −£10.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £23.6m | −£15.8m | £38.2m | £11.1m | £20.9m | £10.4m | £17.7m | £8.9m |
| Operating income | £22.5m | −£16.9m | £37.1m | £10.0m | £19.7m | £9.9m | £16.8m | £8.4m |
| Net income | £21.0m | £24.4m | £35.6m | £8.1m | £17.9m | £8.9m | £15.5m | £7.7m |
| Diluted earnings per share | 0.12 | 0.14 | 0.21 | 0.05 | 0.10 | 0.05 | 0.12 | 0.06 |
| Cash from operations | £9.0m | £6.0m | £9.0m | £6.0m | £9.0m | £4.0m | £5.0m | £2.0m |
| Capital spending | — | −£6.0m | — | — | — | — | — | — |
| Free cash flow | — | £0 | — | — | — | — | — | — |
| Total assets | £424.4m | £405.9m | £394.2m | £371.6m | £376.9m | £376.9m | £274.1m | £274.1m |
| Cash and short-term investments | £6.6m | £3.7m | £4.4m | £2.5m | £4.0m | £4.0m | £2.0m | £2.0m |
| Debt | £51.5m | £44.9m | £45.8m | £47.6m | £51.8m | £51.8m | £30.6m | £30.6m |
| Shareholders' equity | £351.8m | £340.2m | £327.2m | £303.2m | £304.2m | £304.2m | £222.3m | £222.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | — | 4.7% |
| Operating income | — | — | 15.7% |
| Net income | — | — | 15.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 196.4% | 168.6% | 158.3% | 128.5% |
| Net margin | 183.0% | 154.0% | 143.7% | 119.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.3 | 10.8 | 9.5 | -19.5 | 6.1 | -7.0 | 4.7 | -6.0 | 8.6 | 10.7 |
| Price to sales | 14.1 | 11.4 | 7.8 | -20.5 | 6.0 | -7.2 | 4.6 | -6.1 | 8.5 | 10.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 10 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.084 | 0.109 | 0.106 | 0.103 | 0.102 | 0.10 | 0.099 | 0.098 |
- 1.442-for-1 split · 17 Aug 2000
- 1.019-for-1 split · 23 May 1991
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.