T 
83.00p
-1.66%
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
£208.4m
FY2017FY2026
Net income
−£982,000
FY2017FY2026
Free cash flow
£9.6m
FY2017FY2026
Shareholders' equity
£115.6m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £208.4m | £223.5m | £233.7m | £244.4m | £218.6m | £188.2m | £200.2m | £209.0m | £197.6m | £186.5m |
| Gross profit | £60.9m | £63.4m | £58.8m | £61.9m | £58.4m | £49.9m | £55.1m | £62.6m | £60.2m | £58.0m |
| Research and development | — | — | £134.3m | £90,400 | £70,000 | £69,200 | — | — | — | — |
| Operating income | £14.3m | £9.4m | £4.6m | −£8,000 | £11.6m | £8.8m | £4.1m | £17.1m | £19.0m | £17.9m |
| Net income | −£982,000 | £1.0m | −£4.4m | −£2.9m | £9.0m | £5.8m | −£238,000 | £12.2m | £15.1m | £12.7m |
| Diluted earnings per share | -0.01 | 0.01 | -0.03 | -0.02 | 0.07 | 0.04 | -0.00 | 0.10 | 0.12 | 0.10 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £223.3m | £229.0m | £230.2m | £265.3m | £255.0m | £209.9m | £216.1m | £204.6m | £188.7m | £177.2m |
| Cash and short-term investments | £32.4m | £24.3m | £20.9m | £31.8m | £26.7m | £30.3m | £28.7m | £25.2m | £26.2m | £24.6m |
| Total liabilities | £107.6m | £107.9m | £106.0m | £129.4m | £115.9m | £78.1m | £100.5m | £83.5m | £78.4m | £75.5m |
| Debt | £68.3m | £62.9m | £60.3m | £85.6m | £64.2m | £29.8m | £59.0m | £39.4m | £33.7m | £31.1m |
| Shareholders' equity | £115.6m | £121.1m | £124.2m | £135.9m | £139.1m | £131.8m | £115.7m | £121.1m | £110.3m | £101.7m |
| Shares outstanding | 135m | 135m | 135m | 135m | 135m | 137m | 131m | 124m | 123m | 123m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £13.1m | £16.9m | £28.6m | £3.0m | −£17.9m | £23.3m | £15.5m | £9.9m | £10.1m | £17.8m |
| Capital spending | −£3.5m | −£3.4m | −£4.6m | −£5.6m | −£5.2m | −£3.1m | −£4.6m | −£4.2m | −£3.6m | −£2.9m |
| Free cash flow | £9.6m | £13.5m | £24.0m | −£2.7m | −£23.1m | £20.2m | £10.9m | £5.7m | £6.5m | £14.8m |
| Dividends paid | −£2.4m | −£2.4m | −£3.0m | −£2.8m | −£2.2m | −£1.5m | −£5.1m | −£4.6m | −£4.2m | −£3.3m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £102.5m | £105.8m | £109.6m | £113.9m | £116.0m | £117.6m | £58.8m | £124.2m |
| Gross profit | £31.2m | £29.7m | £32.1m | £31.2m | £28.6m | £29.4m | £15.1m | £31.5m |
| Operating income | £9.0m | £5.3m | £5.6m | £3.8m | £4.1m | £5.2m | £1.5m | £4.5m |
| Net income | −£2.4m | £1.5m | −£303,000 | £1.3m | −£6.0m | £1.6m | £779,000 | −£5.4m |
| Diluted earnings per share | -0.02 | 0.01 | -0.00 | 0.01 | -0.04 | 0.01 | 0.01 | -0.04 |
| Cash from operations | £7.0m | £7.0m | £7.0m | £9.0m | £12.0m | £16.0m | — | £9.0m |
| Total assets | £223.3m | £232.0m | £229.0m | £228.6m | £230.2m | £256.5m | £256.6m | £265.3m |
| Cash and short-term investments | £32.4m | £29.1m | £24.3m | £25.1m | £20.9m | £32.0m | £32.0m | £31.8m |
| Debt | £51.3m | £49.0m | £44.4m | £44.1m | £45.2m | £63.4m | £76.3m | £73.3m |
| Shareholders' equity | £115.6m | £122.7m | £121.1m | £121.8m | £124.2m | £131.9m | £131.9m | £135.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.2% | 2.1% | 2.6% |
| Operating income | — | 10.4% | 0.3% |
| Net income | -30.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.8% | 26.9% | 26.8% | 28.1% |
| Operating margin | 5.5% | 3.1% | 3.7% | 5.3% |
| Net margin | 0.0% | -0.8% | 0.6% | 2.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -114.8 | 88.3 | -26.1 | -41.6 | 10.9 | 37.9 | -841.7 | 18.3 | 15.3 | 24.5 |
| Price to sales | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 1.2 | 1.0 | 1.1 | 1.2 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 5 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.018 | 0.018 | 0.021 | 0.022 | 0.03 | 0.043 | 0.039 | 0.036 |
- 4-for-1 split · 25 Aug 2000
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.