Q 
222.50p
0.00%
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
£35.7m
FY2016FY2025
Net income
£6.4m
FY2016FY2025
Free cash flow
£4.5m
FY2016FY2025
Shareholders' equity
£32.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £35.7m | £32.4m | £29.9m | £27.5m | £25.5m | £25.8m | £25.6m | £25.7m | £24.5m | £23.3m |
| Gross profit | £26.1m | £22.5m | £17.0m | £19.7m | £18.8m | £17.0m | £16.6m | £17.3m | £14.9m | £14.1m |
| Research and development | £826,000 | £864,000 | £1.1m | £820,000 | £766,000 | £806,000 | £712,000 | £1.1m | £1.1m | £1.4m |
| Operating income | £8.7m | £6.5m | £1.5m | £5.6m | £5.4m | £5.7m | £6.5m | £8.2m | £6.6m | £6.5m |
| Net income | £6.4m | £4.8m | −£908,000 | £5.0m | £5.0m | £4.7m | £5.4m | £6.9m | £5.8m | £6.1m |
| Diluted earnings per share | 0.13 | 0.10 | -0.02 | 0.10 | 0.10 | 0.10 | 0.11 | 0.14 | 0.12 | 0.13 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £43.1m | £30.4m | £29.3m | £30.1m | £28.6m | £30.8m | £26.8m | £25.8m | £26.1m | £24.1m |
| Cash and short-term investments | £5.6m | £3.1m | £2.4m | £5.1m | £5.4m | £10.6m | £6.8m | £6.8m | £7.3m | £6.2m |
| Total liabilities | £10.2m | £10.8m | £12.9m | £9.2m | £8.5m | £9.4m | £8.8m | £7.7m | £9.2m | £5.7m |
| Debt | £686,000 | £559,000 | £660,000 | £748,000 | £763,000 | £957,000 | £397,000 | £4.7m | £6.0m | £2.6m |
| Shareholders' equity | £32.9m | £19.6m | £16.3m | £20.9m | £20.0m | £21.4m | £18.0m | £18.1m | £16.8m | £18.3m |
| Shares outstanding | 48m | 48m | 48m | 49m | 49m | 48m | 48m | 49m | 48m | 48m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £10.5m | £2.8m | £3.3m | £3.9m | £3.3m | £5.6m | £6.4m | £5.9m | £6.3m | £6.2m |
| Capital spending | −£6.0m | −£28,000 | −£17,000 | −£68,000 | −£61,000 | −£72,000 | −£194,000 | −£382,000 | −£67,000 | −£189,000 |
| Free cash flow | £4.5m | £2.7m | £3.3m | £3.8m | £3.3m | £5.5m | £6.2m | £5.6m | £6.3m | £6.0m |
| Dividends paid | −£2.7m | −£1.5m | −£3.8m | −£4.1m | −£9.3m | −£1.6m | −£5.9m | −£6.4m | −£5.4m | −£2.9m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £19.4m | £18.1m | £17.6m | £16.3m | £16.1m | £15.3m | £14.6m | £7.3m |
| Gross profit | £15.5m | £13.9m | £12.3m | £11.4m | £11.1m | £6.8m | £10.1m | £5.1m |
| Operating income | £4.8m | £5.1m | £3.5m | £3.7m | £2.7m | −£1.1m | £2.4m | £1.2m |
| Net income | £2.7m | £3.7m | £2.7m | £2.6m | £2.2m | −£2.9m | £2.0m | £1.0m |
| Diluted earnings per share | 0.06 | 0.08 | 0.06 | 0.05 | 0.04 | -0.06 | 0.04 | 0.02 |
| Cash from operations | £6.0m | £7.0m | £2.0m | £1.0m | £1.0m | £1.0m | £1.0m | — |
| Capital spending | −£3.0m | −£6.0m | — | — | — | — | — | — |
| Free cash flow | £3.0m | £1.0m | — | — | — | — | — | — |
| Total assets | £43.6m | £43.1m | £32.0m | £30.4m | £30.4m | £29.3m | £28.8m | £28.8m |
| Cash and short-term investments | £4.8m | £5.6m | £4.1m | £3.1m | £2.7m | £2.4m | £3.2m | £3.3m |
| Debt | — | £181,000 | — | £296,000 | £354,000 | £140,000 | £628,999 | £589,000 |
| Shareholders' equity | £32.2m | £32.9m | £21.0m | £19.6m | £17.8m | £16.3m | £20.0m | £20.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.1% | 6.7% | 6.1% |
| Operating income | 16.1% | 8.8% | 3.7% |
| Net income | 8.2% | 6.2% | 2.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 71.4% | 68.0% | 68.5% | 66.3% |
| Operating margin | 22.2% | 17.7% | 18.8% | 22.8% |
| Net margin | 16.4% | 12.2% | 14.1% | 18.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 20.9 | 15.8 | -78.6 | 27.9 | 37.6 | 39.6 | 32.0 | 18.9 | 29.0 | 26.9 |
| Price to sales | 3.7 | 2.3 | 2.4 | 5.1 | 7.3 | 7.3 | 6.8 | 5.0 | 6.9 | 7.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 11 years. Last went ex-dividend on 27 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.102 | 0.055 | 0.03 | 0.039 | 0.034 | 0.039 | 0.025 | 0.062 |
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.