| 2019 |
2020 |
2021 |
2022 |
2023 | |
| Revenue (£m) | 48.9 | 46.1 | 47.1 | 61.8 | 50.6 |
| Profit/(loss) before tax (£m) | 6.0 | 1.3 | (11.5)* | (14.2)* | (25.7)* |
| Total dividend per share (p) | 2.25 | Nil | Nil | Nil | Nil** |
| Adjusted EBITDA (£m) | 10.9**** | 4.5 | 0.1 | 0.5 | (6.2)*** |
| Net Assets (£m) | 45.5 | 46.3 | 35.4 | 45.9 | 20.7 |
* impacted by exceptional items
** Considering the full year performance and the continuing turbulence in the Group’s core markets, the Board will not be recommending the payment of a dividend in respect of the financial year ended 31 March 2022 but will continue to keep its dividend policy under review
*** Adjusted EBITDA is operating loss excluding the impact of exceptional items, other net gains, fair value gains on derivatives, depreciation, amortisation and equity-settled share-based payment charges.
**** Restated for IFRS16