J 
3,460.00p
+1.47%
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
£145.8m
FY2016FY2025
Net income
£5.5m
FY2016FY2025
Free cash flow
£21.0m
FY2016FY2025
Shareholders' equity
£83.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £145.8m | £133.6m | £136.1m | £113.2m | £91.3m | £79.9m | £82.5m | £77.9m | £71.4m | £57.3m |
| Research and development | — | £13.8m | £11.2m | £8.3m | £5.4m | £7.2m | £6.4m | £5.8m | £4.8m | £5.3m |
| Operating income | £12.8m | £16.7m | £21.6m | £18.2m | £15.6m | £10.9m | £14.3m | £10.7m | £5.9m | £991,000 |
| Net income | £5.5m | £10.4m | £9.5m | £12.5m | £12.7m | £8.2m | £11.4m | £8.5m | £4.0m | £81,000 |
| Diluted earnings per share | 0.81 | 1.54 | 1.39 | 1.94 | 1.98 | 1.29 | 1.79 | 1.35 | 0.65 | 0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £188.1m | £205.1m | £183.5m | £185.8m | £89.0m | £82.0m | £70.6m | £65.7m | £62.6m | £58.3m |
| Cash and short-term investments | £19.4m | £17.9m | £13.7m | £20.8m | £18.4m | £15.5m | £14.1m | £15.7m | £10.7m | £7.9m |
| Total liabilities | £104.2m | £117.9m | £100.9m | £131.3m | £45.6m | £49.0m | £41.9m | £34.5m | £38.0m | £35.6m |
| Debt | £65.2m | £73.6m | £65.3m | £59.9m | £21.3m | £26.4m | £18.9m | £15.0m | £18.3m | £16.5m |
| Shareholders' equity | £83.7m | £86.9m | £82.4m | £54.2m | £42.8m | £32.2m | £27.9m | £30.6m | £23.6m | £21.3m |
| Shares outstanding | 7m | 7m | 7m | 6m | 6m | 6m | 6m | 6m | 6m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £26.4m | £28.5m | £26.5m | £21.8m | £17.4m | £12.2m | £16.9m | £13.3m | £10.5m | £4.6m |
| Capital spending | −£5.4m | −£6.4m | −£5.9m | −£7.9m | −£3.4m | −£1.3m | −£1.3m | −£955,000 | −£728,000 | −£835,000 |
| Free cash flow | £21.0m | £22.1m | £20.6m | £13.9m | £14.0m | £11.0m | £15.6m | £12.4m | £9.8m | £3.8m |
| Dividends paid | −£7.1m | −£6.5m | −£5.7m | −£4.4m | −£3.6m | −£3.2m | −£15.1m | −£2.1m | −£1.7m | −£1.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £55.7m | £75.6m | £70.2m | £72.8m | £60.8m | £74.8m | £61.3m | £66.8m |
| Operating income | −£400,000 | £4.2m | £8.4m | £9.9m | £7.2m | £19.8m | £7.5m | £13.8m |
| Net income | −£1.3m | £700,000 | £4.8m | £6.2m | £4.2m | £10.7m | −£1.2m | £9.6m |
| Diluted earnings per share | -0.20 | 0.10 | 0.71 | 0.92 | 0.62 | 1.57 | -0.18 | 1.50 |
| Cash from operations | £1.0m | £17.0m | £9.0m | £22.0m | £3.0m | £16.0m | £8.0m | £13.0m |
| Capital spending | −£2.0m | −£3.0m | −£2.0m | −£2.0m | −£3.0m | −£3.0m | −£2.0m | −£2.0m |
| Free cash flow | −£1.0m | £14.0m | £7.0m | £20.0m | £0 | £13.0m | £6.0m | £11.0m |
| Total assets | £180.9m | £188.1m | £200.3m | £205.1m | £183.6m | £183.5m | £187.0m | £185.8m |
| Cash and short-term investments | £15.6m | £19.4m | £18.9m | £17.9m | £6.9m | £13.7m | £14.6m | £20.8m |
| Debt | £60.0m | £61.0m | £64.8m | £70.0m | £56.5m | £59.6m | £64.2m | £56.6m |
| Shareholders' equity | £83.2m | £83.7m | £92.5m | £86.9m | £87.3m | £82.4m | £76.9m | £54.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.8% | 12.8% | 10.0% |
| Operating income | -11.1% | 3.3% | 18.6% |
| Net income | -23.9% | -7.7% | 21.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.6% | 13.1% | 13.7% | 12.4% |
| Net margin | 5.7% | 7.2% | 8.4% | 8.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 70.2 | 54.8 | 65.6 | 43.4 | 42.4 | 49.6 | 31.5 | 17.8 | 32.2 | — |
| Price to sales | 2.6 | 4.3 | 4.6 | 4.8 | 5.9 | 5.1 | 4.3 | 1.9 | 1.8 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 11 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.823 | 1.075 | 0.977 | 0.86 | 0.69 | 0.575 | 0.515 | 2.43 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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