CyanConnode Holdings Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	15.99	14.18	18.73	11.73	9.56	6.44
Revenue Growth (YoY)	-13.95%	-24.31%	59.65%	22.69%	48.55%	228.28%
Cost of Revenue	11.55	9.26	13.14	7.62	4.62	3.44
Gross Profit	4.44	4.92	5.59	4.11	4.95	3
Selling, General & Admin	6.51	6.51	5.94	4.87	4.63	4.2
Research & Development	1.08	1.08	1.56	0.32	0.17	0.31
Other Operating Expenses	0.6	0.18	0.81	0.48	0	0.12
Operating Expenses	8.8	8.38	8.75	6.48	5.93	5.7
Operating Income	-4.35	-3.45	-3.16	-2.37	-0.98	-2.7
Interest Expense	-0.26	-0.11	-0.11	-0.14	-0.16	-0.06
Interest & Investment Income	0.31	0.22	0.09	0.04	0	0.01
Currency Exchange Gain (Loss)	-0.39	-0.39	-0.19	-0.01	-0.03	0.02
EBT Excluding Unusual Items	-4.69	-3.74	-3.37	-2.48	-1.18	-2.73
Asset Writedown	-	-	-0.85	-0.97	-	-
Pretax Income	-4.69	-3.74	-4.23	-3.45	-1.18	-2.73
Income Tax Expense	0.09	0.09	-0.4	-1.04	-0.31	-0.68
Net Income	-4.78	-3.83	-3.83	-2.41	-0.87	-2.06
Net Income to Common	-4.78	-3.83	-3.83	-2.41	-0.87	-2.06
Shares Outstanding (Basic)	357	326	272	233	205	175
Shares Outstanding (Diluted)	357	326	272	233	205	175
Shares Change (YoY)	22.97%	19.98%	16.82%	13.45%	17.41%	0.99%
EPS (Basic)	-0.01	-0.01	-0.01	-0.01	-0.00	-0.01
EPS (Diluted)	-0.01	-0.01	-0.01	-0.01	-0.00	-0.01
Free Cash Flow	-12.98	-5.66	-3.08	-2.25	-3.16	-1
Free Cash Flow Per Share	-0.04	-0.02	-0.01	-0.01	-0.01	-0.01
Gross Margin	27.79%	34.71%	29.86%	35.05%	51.73%	46.53%
Operating Margin	-27.21%	-24.36%	-16.86%	-20.17%	-10.28%	-41.95%
Profit Margin	-29.88%	-26.98%	-20.45%	-20.51%	-9.11%	-31.96%
Free Cash Flow Margin	-81.17%	-39.93%	-16.47%	-19.16%	-33.05%	-15.53%
EBITDA	-3.83	-3.16	-2.84	-1.91	-0.53	-2.25
EBITDA Margin	-23.92%	-22.30%	-15.16%	-16.31%	-5.55%	-34.94%
D&A For EBITDA	0.53	0.29	0.32	0.45	0.45	0.45
EBIT	-4.35	-3.45	-3.16	-2.37	-0.98	-2.7
EBIT Margin	-27.21%	-24.36%	-16.86%	-20.17%	-10.28%	-41.95%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.