| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 191.8 | 212.0 | 265.7 | 295.3 | 388.3 | 476.7 | +22.8% | |
| Cost of revenue | 0.0 | 104.4 | 97.6 | 95.7 | 126.9 | 64.9 | −48.9% | |
| Gross profit | 0.0 | 107.6 | 168.1 | 199.6 | 261.4 | 411.8 | +57.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 0.2 | 0.3 | 1.9 | 2.3 | 2.1 | −8.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.0 | 37.3 | 49.3 | 99.7 | 179.3 | 147.3 | −17.8% | |
| Operating income | 57.8 | 70.3 | 118.8 | 99.9 | 82.1 | 264.5 | +222.2% | |
| Interest expense | 0.0 | 5.9 | 4.7 | 5.3 | 21.1 | 36.2 | +71.6% | |
| Interest income | 4.7 | 3.0 | 2.9 | 9.7 | 7.8 | 64.4 | +725.6% | |
| Other income / expense | (9.3) | (7.7) | 8.6 | (13.9) | (1.4) | (178.8) | −12671.4% | |
| Pre-tax income | 48.5 | 62.6 | 127.4 | 86.0 | 80.7 | 85.7 | +6.2% | |
| Income tax | 0.8 | 4.8 | 6.8 | 15.3 | 11.6 | 29.0 | +150.0% | |
| Net income | 36.5 | 57.8 | 120.6 | 70.7 | 64.8 | 41.5 | −36.0% | |
| 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) | 0.04 | 0.07 | 0.15 | 0.09 | 0.08 | 0.05 | −37.6% | |
| EPS, diluted (per share) | 0.04 | 0.07 | 0.15 | 0.09 | 0.06 | 0.05 | −23.7% | |
| EBITDA | 66.6 | 112.8 | 150.4 | 110.0 | 138.0 | 186.8 | +35.4% | |
| Depreciation & amortization | 8.8 | 15.0 | 18.3 | 18.7 | 36.2 | 64.9 | +79.3% | |
| Weighted average shares (shares) | 823,268,774 | 822,415,150 | 823,300,000 | 808,500,000 | 805,100,000 | 826,900,000 | +2.7% | |
| Weighted average diluted shares (shares) | 823,268,774 | 822,415,150 | 823,300,000 | 808,500,000 | 1,017,600,000 | 853,400,000 | −16.1% | |
| Gross margin | 0.0% | 50.8% | 63.3% | 67.6% | 67.3% | 86.4% | +19.1 pts | |
| Operating margin | 30.1% | 33.2% | 44.7% | 33.8% | 21.1% | 55.5% | +34.3 pts | |
| Net margin | 19.0% | 27.3% | 45.4% | 23.9% | 16.7% | 8.7% | −8.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
