| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 42.3 | 51.0 | 60.8 | 72.1 | 82.8 | 88.8 | +7.2% | |
| Cost of revenue | 7.9 | 10.1 | 13.0 | 14.9 | 9.2 | 8.3 | −9.5% | |
| Gross profit | 34.4 | 40.9 | 47.9 | 57.2 | 82.8 | 80.5 | −2.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.8 | 0.8 | 1.0 | 1.9 | 1.1 | 1.3 | +21.4% | |
| Selling & marketing | 0.8 | 0.8 | 1.0 | 1.0 | 1.1 | 1.3 | +21.4% | |
| Operating expenses | 26.3 | 29.9 | 31.7 | 18.8 | 29.3 | 15.3 | −47.7% | |
| Operating income | 15.7 | 13.6 | 29.1 | 38.3 | 53.5 | 60.5 | +13.2% | |
| Interest expense | 13.4 | 4.4 | 2.6 | 3.6 | 2.6 | 1.9 | −25.0% | |
| Interest income | 0.0 | 0.1 | 0.0 | 0.1 | 0.3 | 0.2 | −41.7% | |
| Other income / expense | (13.9) | (11.2) | (2.7) | (3.4) | (2.4) | (1.7) | +27.3% | |
| Pre-tax income | 1.8 | 2.4 | 26.4 | 34.9 | 51.1 | 58.8 | +15.1% | |
| Income tax | 1.9 | 0.0 | 3.2 | 2.9 | 6.3 | 7.7 | +21.1% | |
| Net income | (0.1) | 2.4 | 23.2 | 32.0 | 44.8 | 51.1 | +14.2% | |
| 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) | (0.00) | 0.00 | 0.05 | 0.07 | 0.09 | 0.11 | +18.7% | |
| EPS, diluted (per share) | (0.00) | 0.00 | 0.05 | 0.07 | 0.09 | 0.11 | +18.8% | |
| EBITDA | 32.2 | 28.8 | 46.0 | 54.9 | 64.6 | 68.8 | +6.6% | |
| Depreciation & amortization | 17.0 | 16.9 | 17.0 | 16.6 | 10.9 | 8.3 | −23.9% | |
| Weighted average shares (shares) | 500,000,000 | 488,467,552 | 496,082,891 | 490,788,526 | 482,972,894 | 473,456,047 | −2.0% | |
| Weighted average diluted shares (shares) | 500,000,000 | 488,467,552 | 496,362,572 | 490,904,289 | 483,213,994 | 474,389,318 | −1.8% | |
| Gross margin | 81.3% | 80.2% | 78.7% | 79.3% | 100.0% | 90.7% | −9.3 pts | |
| Operating margin | 37.2% | 26.7% | 47.8% | 53.2% | 64.6% | 68.2% | +3.6 pts | |
| Net margin | −0.2% | 4.7% | 38.2% | 44.5% | 54.0% | 57.6% | +3.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in EUR; the shares trade in GBP.
