Our financial strategy focuses on strong balance sheet and cash generation.

We ensure prudent investment in our products and services in line with the prevailing market conditions.

Financial performance 2025 2024 2023 2022 2021
12m to Dec 12m to Dec 12m to Dec 12m to Dec 12m to Dec
Results £’000 (as reported) (as reported) (as reported) (as reported) (as reported)
Revenue 38,816 32,394 28,006 26,566 27,344
Operating profit before impairment of subsidiary 5,181 4,056 3,203 2,983 4,099
Impairment charge (Veeuze) -2,343
Operating profit 2,838 4,056 3,203 2,983 4,099
Gain on business disposal (ARCON) 152
Net finance income/(costs) 10 238 62 -39 -173
Profit before taxation 5,191 4,294 3,417 2,944 3,926
Taxation -1,531 -960 -762 -549 -1,195
Profit after taxation 3,660 3,334 2,655 2,395 2,731
Adjusted EBITDA (continuing operations) 10,229 7,731 6,076 5,401 7,251
Operating cash flow 12,971 10,676 6,395 6,273 7,724
Non-current assets 36,620 31,653 29,695 24,203 24,657
Current assets less current liabilities -45 1,983 1,008 4,665 2,556
Working capital 23,375 20,159 16,281 17,388 14,564
Net cash/ (bank borrowings) 16,285 13,975 10,903 12,538 9,954
Shareholders equity 31,635 30,172 27,359 25,842 23,846
Ratios
Net cash / (borrowings) % shareholders equity 51% 46% 40% 49% 42%
Current assets/current liabilities 1.00 1.11 1.07 1.37 1.21
per Ordinary Share (pence)
Basic earnings per share (continuing operations) 1.6p 4.0p 3.2p 2.9p 3.3p
Adjusted basic earnings per share 6.3p 5.1p 4.0p 3.6p 3.4p
Net assets per share 32.7p 36.2p 32.9p 31.4p 28.7p
Final dividend per share 0.85p 0.70p 0.55p 0.50p 0.40p