I 
66.00p
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
£10.3m
FY2016FY2025
Net income
£1.7m
FY2016FY2025
Free cash flow
£1.7m
FY2016FY2025
Shareholders' equity
£7.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £10.3m | £10.2m | £10.8m | £10.5m | £10.1m | £10.2m | £10.9m | £12.0m | £14.7m | £15.2m |
| Gross profit | £5.3m | £4.9m | £5.4m | £4.7m | £4.7m | £4.4m | £4.7m | £4.7m | £5.6m | £5.8m |
| Research and development | £1.1m | £1.2m | £1.2m | £1.1m | £1.0m | £1.5m | £1.4m | £2.0m | £2.2m | £2.3m |
| Operating income | £1.5m | £1.9m | £2.0m | £1.5m | £754,000 | £464,000 | £967,000 | −£279,000 | £930,000 | £741,000 |
| Net income | £1.7m | £1.3m | £2.3m | £1.8m | £1.8m | £449,000 | −£1.3m | −£797,000 | £985,000 | £999,000 |
| Diluted earnings per share | 0.12 | 0.08 | 0.15 | 0.11 | 0.11 | 0.03 | -0.08 | -0.05 | 0.06 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £9.8m | £9.6m | £9.2m | £8.6m | £9.3m | £8.4m | £9.1m | £11.5m | £12.7m | £13.5m |
| Cash and short-term investments | £4.7m | £3.6m | £2.7m | £2.4m | £3.0m | £2.3m | £2.6m | £1.3m | £2.1m | £2.0m |
| Total liabilities | £2.6m | £3.1m | £3.6m | £4.9m | £4.6m | £4.8m | £5.6m | £6.3m | £6.4m | £8.1m |
| Debt | — | — | £1 | £192,000 | £450,000 | £871,000 | £409,000 | £577,000 | £35,000 | £130,000 |
| Shareholders' equity | £7.2m | £6.4m | £5.7m | £3.8m | £4.7m | £3.6m | £3.5m | £5.2m | £6.3m | £5.4m |
| Shares outstanding | 15m | 15m | 15m | 16m | 17m | 17m | 17m | 17m | 17m | 17m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £1.7m | £1.7m | £1.1m | £2.4m | £2.0m | £786,000 | £1.9m | −£19,000 | £486,000 | −£73,000 |
| Capital spending | −£31,000 | −£84,000 | −£80,000 | −£45,000 | −£119,000 | −£200,000 | −£132,000 | −£61,000 | −£91,000 | −£69,000 |
| Free cash flow | £1.7m | £1.6m | £1.1m | £2.4m | £1.9m | £586,000 | £1.8m | −£80,000 | £395,000 | −£142,000 |
| Dividends paid | −£631,000 | −£596,000 | −£545,000 | −£523,000 | −£410,000 | −£252,000 | −£254,000 | −£254,000 | −£169,000 | −£169,000 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £5.1m | £5.1m | £5.2m | £5.1m | £5.1m | £5.1m | £5.7m | £5.2m |
| Gross profit | £2.4m | £2.7m | £2.6m | £2.5m | £2.4m | £2.2m | £3.2m | £2.1m |
| Operating income | £629,000 | £680,000 | £1.2m | £1.2m | £617,000 | £651,000 | £1.4m | £506,000 |
| Net income | £678,000 | £549,000 | £1.2m | £690,000 | £589,000 | £791,000 | £1.5m | £931,000 |
| Diluted earnings per share | 0.05 | 0.04 | 0.08 | 0.05 | 0.04 | 0.05 | 0.10 | 0.06 |
| Cash from operations | — | £1.0m | — | £1.0m | — | — | — | — |
| Total assets | £10.2m | £9.8m | £9.4m | £9.6m | £9.5m | £9.2m | £9.1m | £8.6m |
| Cash and short-term investments | £4.6m | £4.7m | £3.9m | £3.6m | £3.0m | £2.7m | £2.6m | £2.4m |
| Debt | — | — | — | — | −£1.1m | £1 | £2.2m | £192,000 |
| Shareholders' equity | £7.6m | £7.2m | £6.8m | £6.4m | £6.3m | £5.7m | £5.1m | £3.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.6% | 0.2% | -3.0% |
| Operating income | 0.5% | 27.1% | — |
| Net income | -0.4% | 31.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 49.8% | 48.6% | 47.3% | 42.2% |
| Operating margin | 16.7% | 16.7% | 13.2% | 7.0% |
| Net margin | 14.7% | 17.0% | 15.0% | 6.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.2 | 8.6 | 9.3 | 10.3 | 6.9 | 32.1 | -10.2 | -18.8 | 21.9 | 28.2 |
| Price to sales | 1.6 | 1.1 | 2.0 | 1.7 | 1.2 | 1.4 | 1.3 | 1.3 | 1.5 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 25 Sept 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.044 | 0.041 | 0.038 | 0.032 | 0.025 | 0.015 | 0.015 | 0.015 |
- 100-to-1 reverse split · 25 Jul 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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