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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
£61.0m
FY2017FY2026
Net income
−£1.0m
FY2017FY2026
Free cash flow
£489,000
FY2017FY2026
Shareholders' equity
£19.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £61.0m | £59.0m | £59.0m | £59.0m | £69.2m | £73.6m | £56.6m | £42.5m | £39.9m | £38.2m |
| Gross profit | £16.6m | £17.0m | £18.8m | £17.4m | £21.7m | £23.3m | £17.1m | £12.4m | £11.4m | £11.7m |
| Operating income | −£1.7m | £963,000 | £1.2m | −£722,000 | £5.2m | £2.6m | £4.1m | £2.1m | £1.3m | £1.7m |
| Net income | −£1.0m | £1.3m | £1.4m | −£594,000 | £4.4m | £745,000 | £2.6m | £707,000 | −£31,000 | £54,000 |
| Diluted earnings per share | -0.02 | 0.03 | 0.02 | -0.01 | 0.08 | 0.01 | 0.05 | 0.01 | -0.00 | 0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £38.3m | £41.1m | £40.8m | £39.6m | £41.4m | £39.4m | £42.1m | £27.6m | £25.9m | £23.6m |
| Cash and short-term investments | £14.7m | £17.6m | £18.4m | £13.5m | £15.1m | £15.7m | £19.9m | £5.8m | £4.9m | £4.5m |
| Total liabilities | £19.0m | £18.5m | £17.5m | £17.8m | £19.3m | £21.8m | £36.0m | £23.9m | £23.0m | £20.4m |
| Debt | £1.3m | £2.2m | £2.7m | £3.3m | £3.6m | £3.2m | £13.7m | £13.9m | £13.8m | £11.5m |
| Shareholders' equity | £19.3m | £22.6m | £23.3m | £21.8m | £22.1m | £17.6m | £6.1m | £3.7m | £2.9m | £3.2m |
| Shares outstanding | 55m | 52m | 60m | 59m | 57m | 56m | 56m | 56m | 56m | 56m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £2.3m | £2.8m | £5.5m | −£146,000 | £976,000 | −£1.4m | £16.1m | £2.4m | £2.5m | £602,000 |
| Capital spending | −£1.8m | −£79,000 | −£28,000 | −£968,000 | −£969,000 | −£242,000 | −£247,000 | −£349,000 | −£400,000 | −£555,000 |
| Free cash flow | £489,000 | £2.7m | £5.5m | −£1.1m | £7,000 | −£1.6m | £15.9m | £2.1m | £2.1m | £47,000 |
| Dividends paid | — | — | — | — | −£1.4m | −£1.4m | −£185,000 | −£185,000 | −£185,000 | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £26.3m | £34.7m | £24.9m | £34.1m | £24.7m | £34.3m | £17.1m | £25.4m |
| Gross profit | £7.3m | £9.3m | £7.7m | £10.1m | £8.2m | £10.7m | £5.3m | £7.3m |
| Operating income | −£1.3m | −£423,000 | £27,000 | £969,000 | £257,000 | £976,000 | £488,000 | −£868,000 |
| Net income | −£799,000 | −£231,000 | £381,000 | £921,000 | £578,000 | £801,000 | £400,500 | −£667,000 |
| Diluted earnings per share | -0.01 | -0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | -0.01 |
| Cash from operations | — | £2.0m | −£3.0m | £5.0m | £1.0m | £4.0m | £2.0m | — |
| Capital spending | — | −£1.0m | — | — | — | — | — | — |
| Free cash flow | — | £1.0m | — | — | — | — | — | — |
| Total assets | £38.3m | £42.5m | £41.1m | £46.2m | £40.8m | £42.8m | £42.8m | £39.6m |
| Cash and short-term investments | £14.7m | £17.9m | £17.6m | £23.7m | £18.4m | £17.4m | £17.4m | £13.5m |
| Debt | £413,000 | £602,000 | £1.6m | £1.9m | £2.2m | £2.5m | £534,000 | £521,000 |
| Shareholders' equity | £19.3m | £21.7m | £22.6m | £24.3m | £23.3m | £22.8m | £22.8m | £21.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.1% | -3.7% | 4.8% |
| Operating income | 33.0% | — | — |
| Net income | 20.1% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.0% | 29.3% | 30.2% | 30.1% |
| Operating margin | -0.6% | -0.1% | 2.0% | 3.2% |
| Net margin | 0.2% | 0.4% | 1.6% | 1.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Price to earnings | -13.6 | 24.3 | 14.4 | -38.0 | 9.2 | 158.9 |
| Price to sales | 0.2 | 0.5 | 0.3 | 0.4 | 0.6 | 1.6 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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