| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3 | 1.6 | 1.5 | 3.6 | 5.3 | 5.6 | +5.7% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.0 | −100.0% | |
| Gross profit | 1.3 | 1.6 | 1.5 | 3.5 | 4.8 | 5.6 | +15.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.2 | 0.5 | 0.0 | 0.7 | 0.8 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.4 | 0.5 | 0.5 | 3.0 | 3.9 | 4.6 | +17.0% | |
| Operating income | 0.6 | 0.7 | 0.4 | 0.4 | 0.9 | 1.0 | +10.6% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +205.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | +100.0% | |
| Pre-tax income | 0.6 | 0.7 | 0.4 | 0.4 | 0.8 | 1.0 | +14.1% | |
| Income tax | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | +20.6% | |
| Net income | 0.5 | 0.6 | 0.3 | 0.3 | 0.7 | 0.7 | +12.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | — | |
| EPS, basic (per share) | 1.80 | 2.00 | 1.24 | 1.11 | 2.17 | 2.46 | +13.4% | |
| EPS, diluted (per share) | 1.79 | 1.99 | 1.24 | 1.11 | 2.17 | 2.42 | +11.5% | |
| EBITDA | 0.8 | 0.8 | 0.4 | 0.5 | 0.9 | 1.1 | +21.1% | |
| Depreciation & amortization | 0.2 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −7.6% | |
| Weighted average shares (shares) | 294,564,000 | 297,480,000 | 300,207,000 | 303,989,000 | 306,305,000 | 301,407,475 | −1.6% | |
| Weighted average diluted shares (shares) | 295,034,000 | 298,351,000 | 301,543,000 | 305,053,000 | 306,305,000 | 307,190,136 | +0.3% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 98.9% | 91.9% | 100.0% | +8.1 pts | |
| Operating margin | 47.7% | 47.0% | 24.5% | 12.5% | 16.4% | 17.2% | +0.8 pts | |
| Net margin | 40.7% | 38.1% | 18.8% | 9.5% | 12.6% | 13.3% | +0.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.