| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.3 | 20.9 | 20.7 | 20.8 | 20.4 | 19.7 | −3.5% | |
| Cost of revenue | 7.5 | 7.1 | 5.5 | 11.1 | 5.4 | 5.1 | −5.2% | |
| Gross profit | 13.8 | 13.8 | 15.2 | 9.7 | 15.0 | 14.6 | −2.8% | |
| Research & development | 0.7 | 0.6 | 0.7 | 0.7 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.5 | 0.3 | 1.0 | 1.2 | 0.8 | 0.7 | −8.8% | |
| Selling & marketing | 0.9 | 0.3 | 1.0 | 1.0 | 0.8 | 0.7 | −8.8% | |
| Operating expenses | 10.8 | 10.5 | 11.8 | 7.5 | 12.5 | 11.0 | −11.7% | |
| Operating income | 2.6 | 2.9 | 2.6 | 2.2 | 2.5 | 3.5 | +41.7% | |
| Interest expense | 0.8 | 0.9 | 0.9 | 0.0 | 1.1 | 1.2 | +16.5% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | +6.7% | |
| Other income / expense | (0.8) | (0.9) | (0.9) | (1.0) | (1.2) | (2.1) | −80.9% | |
| Pre-tax income | 1.8 | 2.0 | 1.7 | 1.2 | 1.3 | 1.4 | +7.6% | |
| Income tax | 0.3 | 0.7 | (0.2) | 0.3 | 0.3 | 0.4 | +28.2% | |
| Net income | 1.5 | 1.3 | 1.9 | 0.9 | 1.1 | 1.1 | +2.2% | |
| 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) | 0.15 | 0.13 | 0.19 | 0.09 | 0.11 | 0.11 | +0.0% | |
| EPS, diluted (per share) | 0.15 | 0.13 | 0.19 | 0.09 | 0.11 | 0.11 | +0.0% | |
| EBITDA | 6.9 | 7.2 | 7.5 | 6.5 | 7.3 | 7.5 | +3.4% | |
| Depreciation & amortization | 4.3 | 4.4 | 4.8 | 3.3 | 4.9 | 4.9 | −0.6% | |
| Weighted average shares (shares) | 9,945,945,946 | 10,136,000,000 | 10,057,000,000 | 9,941,860,465 | 9,779,000,000 | 9,952,582,000 | +1.8% | |
| Weighted average diluted shares (shares) | 10,072,000,000 | 10,136,000,000 | 10,057,000,000 | 9,998,000,000 | 9,960,000,000 | 9,952,582,000 | −0.1% | |
| Gross margin | 64.7% | 66.1% | 73.3% | 46.7% | 73.6% | 74.1% | +0.5 pts | |
| Operating margin | 12.1% | 13.8% | 12.7% | 10.6% | 12.2% | 18.0% | +5.7 pts | |
| Net margin | 6.9% | 6.1% | 9.2% | 4.1% | 5.2% | 5.5% | +0.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
