F 
265.00p
-5.36%
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
£172.9m
FY2017FY2026
Net income
£27.1m
FY2017FY2026
Free cash flow
£25.3m
FY2017FY2026
Shareholders' equity
£195.5m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £172.9m | £175.2m | £175.8m | £176.7m | £143.7m | £117.9m | £113.3m | £110.6m | £109.6m | £105.4m |
| Gross profit | £80.8m | £79.8m | £85.4m | £73.4m | £60.1m | £53.1m | £47.4m | £50.4m | £51.3m | £46.4m |
| Research and development | £2.2m | £2.2m | £2.5m | £2.3m | £2.1m | £1.9m | £2.1m | £2.0m | £2.1m | £1.8m |
| Operating income | £31.3m | £31.6m | £30.6m | £27.8m | £24.7m | £20.8m | £15.5m | £17.6m | £19.5m | £18.7m |
| Net income | £27.1m | £25.4m | £24.3m | £21.9m | £20.1m | £15.8m | £13.3m | £16.1m | £16.1m | £14.5m |
| Diluted earnings per share | 0.24 | 0.22 | 0.21 | 0.19 | 0.17 | 0.13 | 0.11 | 0.14 | 0.14 | 0.12 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £241.8m | £247.9m | £238.9m | £228.0m | £206.7m | £181.8m | £169.3m | £161.9m | £146.5m | £129.0m |
| Cash and short-term investments | £57.1m | £63.4m | £56.3m | £36.3m | £42.4m | £77.7m | £63.6m | £57.7m | £44.3m | £42.0m |
| Total liabilities | £46.3m | £58.2m | £62.1m | £67.7m | £61.3m | £44.8m | £41.0m | £39.8m | £34.3m | £27.7m |
| Debt | £6.9m | £7.9m | £4.2m | £16.6m | £5.2m | £661,000 | £637,000 | £2.1m | £2.3m | — |
| Shareholders' equity | £195.5m | £189.8m | £176.8m | £160.3m | £145.4m | £137.0m | £128.3m | £122.2m | £112.3m | £101.3m |
| Shares outstanding | 113m | 116m | 117m | 117m | 117m | 117m | 117m | 117m | 117m | 117m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £30.8m | £34.8m | £41.4m | £31.9m | £19.7m | £21.9m | £19.4m | £21.6m | £20.7m | £18.5m |
| Capital spending | −£5.6m | −£5.6m | −£7.3m | −£10.0m | −£7.9m | −£4.7m | −£8.7m | −£6.9m | −£6.0m | −£5.4m |
| Free cash flow | £25.3m | £29.2m | £34.1m | £21.9m | £11.9m | £17.2m | £10.7m | £14.7m | £14.7m | £13.1m |
| Dividends paid | −£11.1m | −£11.0m | −£7.7m | −£7.3m | −£12.1m | −£6.6m | −£6.5m | −£6.3m | −£5.7m | −£4.9m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £91.2m | £81.7m | £91.5m | £83.8m | £93.2m | £82.6m | £94.9m | £47.4m |
| Gross profit | −£891,000 | £81.7m | £374,000 | £83.8m | £2.8m | £82.6m | −£4.0m | −£2.0m |
| Operating income | £19.8m | £11.6m | £20.5m | £11.5m | £19.4m | £11.2m | £16.9m | £8.5m |
| Net income | £18.0m | £9.1m | £16.4m | £9.0m | £15.7m | £8.6m | £13.6m | £6.8m |
| Diluted earnings per share | 0.16 | 0.08 | 0.14 | 0.08 | 0.13 | 0.07 | 0.12 | 0.06 |
| Cash from operations | £17.0m | £15.0m | £18.0m | £15.0m | £27.0m | £14.0m | £11.0m | £11.0m |
| Capital spending | −£3.0m | −£2.0m | −£3.0m | −£1.0m | −£2.0m | −£2.0m | −£1.0m | −£1.0m |
| Free cash flow | £14.0m | £13.0m | £15.0m | £14.0m | £25.0m | £12.0m | £10.0m | £10.0m |
| Total assets | £241.8m | £238.5m | £247.9m | £233.1m | £238.9m | £223.1m | £228.0m | £228.0m |
| Cash and short-term investments | £57.1m | £59.5m | £63.4m | £54.6m | £56.3m | £34.5m | £36.3m | £36.0m |
| Debt | £945,000 | £2.3m | £2.2m | £2.3m | £2.8m | £761,000 | £812,000 | — |
| Shareholders' equity | £195.5m | £186.0m | £189.8m | £176.4m | £176.8m | £163.7m | £160.3m | £155.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.7% | 8.0% | 6.9% |
| Operating income | 4.0% | 8.5% | 6.8% |
| Net income | 7.3% | 11.4% | 7.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 46.1% | 45.6% | 45.0% | 44.8% |
| Operating margin | 18.1% | 17.3% | 17.3% | 17.1% |
| Net margin | 15.1% | 14.1% | 14.0% | 13.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.3 | 12.7 | 15.3 | 20.9 | 23.7 | 36.5 | 30.3 | 25.3 | 18.5 | 29.0 |
| Price to sales | 1.8 | 1.8 | 2.1 | 2.6 | 3.3 | 4.9 | 3.6 | 3.7 | 2.7 | 4.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 5 Nov 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.055 | 0.098 | 0.168 | 0.065 | 0.062 | 0.059 | 0.057 | 0.056 |
- 10-for-1 split · 19 Aug 2013
- 4-for-1 split · 3 Dec 1990
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.