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14.25p
0.00%
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
£58.6m
FY2017FY2026
Net income
−£4.5m
FY2017FY2026
Free cash flow
£4.1m
FY2017FY2026
Shareholders' equity
£20.0m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £58.6m | £57.8m | £57.3m | £45.9m | £22.8m | £7.0m | £2.7m | £4.9m | £2.2m | £872,000 |
| Operating income | £1.6m | £1.8m | £1.8m | £2.4m | −£1.4m | −£4.1m | −£6.4m | −£5.9m | −£10.0m | −£3.1m |
| Net income | −£4.5m | −£1.3m | −£420,000 | −£336,000 | −£994,000 | −£874,000 | −£6.6m | −£6.0m | −£10.0m | −£4.1m |
| Diluted earnings per share | -0.03 | -0.01 | -0.00 | -0.00 | -0.01 | -0.01 | -0.08 | -0.21 | -0.47 | -0.19 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £81.2m | £81.6m | £73.1m | £73.1m | £61.9m | £49.0m | £11.4m | £12.7m | £12.8m | £21.9m |
| Cash and short-term investments | £2.8m | £1.1m | £3.9m | £3.9m | £3.2m | £8.2m | £2.7m | £2.2m | £2.7m | £10.6m |
| Total liabilities | £61.1m | £57.8m | £48.1m | £48.1m | £40.3m | £27.2m | £6.2m | £4.6m | £2.3m | £1.5m |
| Debt | £44.7m | £43.2m | £33.7m | £33.7m | £25.5m | £10.1m | £4.0m | £2.6m | −£244,000 | −£83,000 |
| Shareholders' equity | £20.0m | £23.8m | £25.0m | £25.0m | £21.6m | £21.8m | £5.2m | £8.1m | £10.5m | £20.4m |
| Shares outstanding | 175m | 175m | 165m | 170m | 151m | 146m | 81m | 28m | 21m | 21m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £10.0m | £7.6m | — | £10.7m | £3.3m | £742,000 | −£1.3m | −£2.3m | −£2.9m | −£1.6m |
| Capital spending | −£5.9m | −£7.7m | — | −£7.4m | −£9.2m | −£2.7m | −£2.0m | −£1.6m | −£4.8m | −£825,000 |
| Free cash flow | £4.1m | −£55,000 | — | £3.3m | −£5.9m | −£2.0m | −£3.3m | −£3.8m | −£7.7m | −£2.5m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £30.4m | £28.2m | £32.9m | £24.9m | £38.6m | £25.9m | £18.7m | £14.7m |
| Operating income | £1.1m | −£11,000 | £1.8m | −£37,000 | £3.7m | £3.3m | −£1.0m | −£225,000 |
| Net income | −£2.7m | −£1.8m | £956,000 | −£2.2m | £2.0m | £2.0m | −£2.4m | £2.3m |
| Diluted earnings per share | -0.02 | -0.01 | 0.01 | -0.01 | 0.01 | 0.01 | -0.01 | 0.01 |
| Cash from operations | £5.0m | £4.0m | £3.0m | £4.0m | — | £5.0m | £3.0m | £2.0m |
| Capital spending | −£3.0m | −£2.0m | −£3.0m | −£3.0m | — | −£4.0m | −£2.0m | −£5.0m |
| Free cash flow | £2.0m | £2.0m | £0 | £1.0m | — | £1.0m | £1.0m | −£3.0m |
| Total assets | £81.2m | £85.0m | £81.6m | £76.5m | £73.1m | £72.7m | £66.3m | £61.9m |
| Cash and short-term investments | £2.8m | £4.5m | £1.1m | £1.9m | £3.9m | £4.4m | £3.7m | £3.2m |
| Debt | £11.5m | £43.4m | £10.8m | £5.2m | £29.7m | £4.0m | £7.1m | £2.6m |
| Shareholders' equity | £20.0m | £21.9m | £23.8m | £22.8m | £25.0m | £25.5m | £23.6m | £21.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.5% | 53.0% | — |
| Operating income | -12.6% | — | — |
| Net income | 137.7% | 38.8% | 10.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.9% | 3.5% | 0.8% | — |
| Net margin | -4.9% | -3.0% | -3.4% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.5 | -18.2 | -48.2 | -88.6 | -26.5 | -51.0 | -1.9 | -0.3 | -0.7 | -2.5 |
| Price to sales | 0.4 | 0.4 | 0.3 | 0.7 | 1.1 | 6.4 | 4.6 | 0.3 | 3.3 | 11.9 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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