| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70.4 | 130.3 | 69.9 | 20.0 | 29.5 | 42.0 | +42.2% | |
| Cost of revenue | 2.6 | 2.6 | 2.5 | 5.1 | 8.6 | 4.9 | −43.2% | |
| Gross profit | 67.8 | 127.7 | 67.4 | 14.8 | 20.9 | 37.1 | +77.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.8 | 0.9 | 1.0 | 1.0 | 1.2 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.0 | 1.0 | 1.1 | 1.1 | 1.2 | 1.2 | +0.7% | |
| Operating income | 66.9 | 126.7 | 66.3 | 13.8 | 19.7 | 35.9 | +82.3% | |
| Interest expense | 2.6 | 2.6 | 2.5 | 5.1 | 8.6 | 6.9 | −20.0% | |
| Interest income | 0.0 | 0.0 | 0.2 | 0.7 | 1.0 | 5.3 | +447.5% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (12.7) | — | |
| Pre-tax income | 66.9 | 126.7 | 66.3 | 13.8 | 19.7 | 23.1 | +17.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 66.9 | 126.7 | 66.3 | 13.8 | 19.7 | 23.1 | +17.6% | |
| 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) | 0.90 | 1.71 | 0.90 | 0.19 | 0.27 | 0.32 | +18.5% | |
| EPS, diluted (per share) | 0.90 | 1.71 | 0.90 | 0.19 | 0.27 | 0.32 | +18.5% | |
| EBITDA | 66.9 | 126.7 | 66.3 | 13.8 | 19.7 | 30.0 | +52.7% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 73,941,429 | 73,941,429 | 73,342,303 | 72,838,637 | 71,845,834 | 71,502,938 | −0.5% | |
| Weighted average diluted shares (shares) | 73,941,429 | 73,941,429 | 73,342,303 | 72,838,637 | 71,845,834 | 71,496,000 | −0.5% | |
| Gross margin | 96.3% | 98.0% | 96.4% | 74.3% | 70.7% | 88.3% | +17.6 pts | |
| Operating margin | 95.0% | 97.3% | 94.8% | 69.0% | 66.6% | 85.4% | +18.8 pts | |
| Net margin | 95.0% | 97.3% | 94.8% | 69.0% | 66.6% | 55.1% | −11.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.