I 
87.50p
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
£198.3m
FY2016FY2024
Net income
−£4.6m
FY2016FY2024
Free cash flow
£4.3m
FY2016FY2024
Shareholders' equity
£98.7m
FY2016FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | £198.3m | £203.3m | £201.0m | £246.5m | £47.4m | £61.2m | £57.3m | £49.2m | £22.1m |
| Gross profit | £103.5m | £103.5m | £98.9m | £115.8m | £20.5m | £27.5m | £25.9m | £21.5m | £8.6m |
| Operating income | £3.4m | £2.9m | −£1.2m | £1.6m | −£2.9m | £7.9m | £9.0m | £3.1m | £1.1m |
| Net income | −£4.6m | −£997,000 | −£6.3m | −£5.4m | −£8.9m | £6.4m | £3.5m | −£3.3m | £700,000 |
| Diluted earnings per share | -0.05 | -0.01 | -0.06 | -0.05 | -0.13 | 0.09 | 0.05 | -0.05 | 0.01 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | £220.2m | £221.9m | £236.8m | £326.4m | £309.3m | £71.4m | £69.3m | £69.8m | £14.3m |
| Cash and short-term investments | £24.0m | £20.1m | £22.2m | £29.8m | £26.4m | £6.6m | £3.0m | £2.2m | £1.2m |
| Total liabilities | £121.6m | £118.4m | £129.2m | £181.1m | £163.5m | £40.0m | £46.6m | £50.2m | £12.1m |
| Debt | £62.5m | £62.1m | £69.8m | £84.9m | £79.9m | £20.3m | £23.6m | £26.4m | £5.1m |
| Shareholders' equity | £98.7m | £103.5m | £107.5m | £145.2m | £145.8m | £31.3m | £22.7m | £19.5m | £2.2m |
| Shares outstanding | 102m | 102m | 102m | 101m | 69m | 71m | 71m | 71m | 71m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £7.2m | £12.7m | £4.0m | £20.0m | −£750,000 | £10.6m | £4.4m | £6.4m | £1.7m |
| Capital spending | −£2.9m | −£5.8m | −£3.5m | −£7.7m | −£2.6m | −£2.9m | −£980,000 | −£1.3m | −£80,000 |
| Free cash flow | £4.3m | £6.9m | £502,000 | £12.4m | −£3.4m | £7.7m | £3.4m | £5.1m | £1.6m |
| Dividends paid | — | — | −£1.3m | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £97.6m | £95.2m | £100.6m | £92.1m | £111.2m | £55.6m | £96.1m | £55.1m |
| Gross profit | £50.6m | £49.4m | £52.9m | £46.4m | £57.1m | £28.6m | £46.0m | £26.3m |
| Operating income | £2.7m | £97,000 | £4.5m | −£1.7m | £4.6m | £1.2m | −£4.8m | −£4.6m |
| Net income | −£4.6m | −£3.6m | −£1.0m | −£3.1m | £2.1m | £1.0m | −£3.4m | −£2.5m |
| Diluted earnings per share | -0.04 | -0.04 | 0.00 | -0.03 | 0.02 | 0.01 | -0.03 | -0.03 |
| Total assets | £203.8m | £220.2m | £218.2m | £222.0m | £232.0m | £236.3m | £236.8m | £292.7m |
| Cash and short-term investments | £22.7m | £24.0m | £24.6m | £20.1m | £25.9m | £26.0m | £22.2m | £26.8m |
| Debt | £45.9m | £46.3m | £47.4m | £48.9m | £54.1m | £53.6m | £18.0m | £21.8m |
| Shareholders' equity | £89.1m | £98.7m | £101.9m | £104.0m | £106.0m | £106.2m | £107.5m | £130.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.0% | 26.5% | — |
| Operating income | 28.7% | -15.5% | — |
| Net income | -5.1% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 51.5% | 49.7% | 49.0% | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|
| Price to earnings | -10.0 | -85.7 | -6.9 | -30.2 | -11.2 |
| Price to sales | 0.2 | 0.4 | 0.2 | 0.7 | 2.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Sept 2022.
| FY2022 | |
|---|---|
| Paid in the year | 0.013 |
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.