Revenue
2023
2024
2025
2026
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Revenue | £45.0M | £30.5M | £26.8M | £25.5M |
| Gross profit | £37.8M | £25.5M | £22.5M | £20.8M |
| Gross margin | 83.98% | 83.69% | 83.93% | 81.62% |
| Operating expenses | £36.7M | £24.5M | £21.6M | £21.0M |
| Operating income | £1.1M | £1.0M | £855,000 | −£217,000 |
| Operating margin | 2.38% | 3.29% | 3.19% | −0.85% |
| EBITDA | £432,000 | £2.8M | £2.3M | £842,000 |
| EBITDA margin | 0.96% | 9.11% | 8.47% | 3.31% |
| Net income | −£2.3M | £1.1M | £845,000 | −£497,000 |
| Net profit margin | −5.12% | 3.62% | 3.16% | −1.95% |
| Basic EPSper basic share | -£0.03 | £0.02 | £0.01 | -£0.01 |
| Diluted EPSper diluted share | -£0.03 | £0.01 | £0.01 | -£0.01 |
Reported major voting-rights holders
| Holder | Voting rights |
|---|---|
Octopus Investments Limited | 16.07%Oct 16, 2026 · 11.53M votes |
Liontrust Investment Partners LLP | 5.70%Sep 14, 2026 · 4.08M votes |
Rathbones Investment Management Ltd | 5.21%Aug 14, 2026 · 3.72M votes |
Neil Bentley | 4.99%Jan 28, 2026 · 3.56M votes |
River Global Investors LLP | 4.63%Feb 4, 2026 · 3.3M votes |
These are threshold-crossing notices, not a complete ownership register. Percentages show issuer voting rights held through the listed share class, exclude financial instruments, and come from different dates. Positions may overlap.
Gray completes the 100% scale; it is not an estimate of other owners.