Financial

Year Ended 30 June 2022

• Turnover steady at £31.1m (2021: £31.0m) with 3% growth in continuing products to £29.6m (2021: £28.6m)
• Overseas sales continue to grow, up 2% to £20.1m (2021: £19.6m), representing 65% of total sales (2021: 63%)
• Gross margin remained steady at 79% (2021: 80%)
• Adjusted EBITDA* margin of 24% (2021: 27%)
• Adjusted pre-tax profit* of £4.5m (2021: £5.4m)
• Reported pre-tax profit of £1.5m (2021: £3.8m)
• Adjusted EPS* of 8.40p (2021: 11.36p restated), Reported EPS of 1.96p (2021: 7.86p restated)
• Dividend per share for the full year up 46% to 9.55p (2021: 6.55p), including special dividend of 3p paid in August 2022
• Net cash of £8.9m (2021: £8.1m), with continued strong operating cashflow of £5.6m (2021: £6.7m)
* before share-based payments and impairment of intangibles

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