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	2016 - 2020
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	2016 - 2020
Revenue	15.99	14.18	18.73	11.73	9.56	6.44	Upgrade
Revenue Growth (YoY)	-13.95%	-24.31%	59.65%	22.69%	48.55%	228.28%	Upgrade
Cost of Revenue	11.55	9.26	13.14	7.62	4.62	3.44	Upgrade
Gross Profit	4.44	4.92	5.59	4.11	4.95	3	Upgrade
Selling, General & Admin	6.51	6.51	5.94	4.87	4.63	4.2	Upgrade
Research & Development	1.08	1.08	1.56	0.32	0.17	0.31	Upgrade
Other Operating Expenses	0.6	0.18	0.81	0.48	0	0.12	Upgrade
Operating Expenses	8.8	8.38	8.75	6.48	5.93	5.7	Upgrade
Operating Income	-4.35	-3.45	-3.16	-2.37	-0.98	-2.7	Upgrade
Interest Expense	-0.26	-0.11	-0.11	-0.14	-0.16	-0.06	Upgrade
Interest & Investment Income	0.31	0.22	0.09	0.04	0	0.01	Upgrade
Currency Exchange Gain (Loss)	-0.39	-0.39	-0.19	-0.01	-0.03	0.02	Upgrade
EBT Excluding Unusual Items	-4.69	-3.74	-3.37	-2.48	-1.18	-2.73	Upgrade
Asset Writedown	-	-	-0.85	-0.97	-	-	Upgrade
Pretax Income	-4.69	-3.74	-4.23	-3.45	-1.18	-2.73	Upgrade
Income Tax Expense	0.09	0.09	-0.4	-1.04	-0.31	-0.68	Upgrade
Net Income	-4.78	-3.83	-3.83	-2.41	-0.87	-2.06	Upgrade
Net Income to Common	-4.78	-3.83	-3.83	-2.41	-0.87	-2.06	Upgrade
Shares Outstanding (Basic)	357	326	272	233	205	175	Upgrade
Shares Outstanding (Diluted)	357	326	272	233	205	175	Upgrade
Shares Change (YoY)	22.97%	19.98%	16.82%	13.45%	17.41%	0.99%	Upgrade
EPS (Basic)	-0.01	-0.01	-0.01	-0.01	-0.00	-0.01	Upgrade
EPS (Diluted)	-0.01	-0.01	-0.01	-0.01	-0.00	-0.01	Upgrade
Free Cash Flow	-12.98	-5.66	-3.08	-2.25	-3.16	-1	Upgrade
Free Cash Flow Per Share	-0.04	-0.02	-0.01	-0.01	-0.01	-0.01	Upgrade
Gross Margin	27.79%	34.71%	29.86%	35.05%	51.73%	46.53%	Upgrade
Operating Margin	-27.21%	-24.36%	-16.86%	-20.17%	-10.28%	-41.95%	Upgrade
Profit Margin	-29.88%	-26.98%	-20.45%	-20.51%	-9.11%	-31.96%	Upgrade
Free Cash Flow Margin	-81.17%	-39.93%	-16.47%	-19.16%	-33.05%	-15.53%	Upgrade
EBITDA	-3.83	-3.16	-2.84	-1.91	-0.53	-2.25	Upgrade
EBITDA Margin	-23.92%	-22.30%	-15.16%	-16.31%	-5.55%	-34.94%	Upgrade
D&A For EBITDA	0.53	0.29	0.32	0.45	0.45	0.45	Upgrade
EBIT	-4.35	-3.45	-3.16	-2.37	-0.98	-2.7	Upgrade
EBIT Margin	-27.21%	-24.36%	-16.86%	-20.17%	-10.28%	-41.95%	Upgrade

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