| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 212.7 | 98.2 | 134.6 | 92.4 | 104.8 | 110.2 | +5.1% | |
| Cost of revenue | 121.0 | 58.9 | 112.1 | 67.8 | 74.7 | 77.3 | +3.4% | |
| Gross profit | 91.7 | 39.2 | 22.5 | 24.5 | 30.1 | 32.9 | +9.4% | |
| Research & development | 6.4 | 3.7 | 22.8 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 14.5 | 97.8 | 121.1 | 38.5 | 7.4 | 8.2 | +10.5% | |
| Selling & marketing | 0.0 | 14.7 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 14.5 | (12.6) | 51.0 | 37.5 | 37.2 | 31.1 | −16.4% | |
| Operating income | 77.2 | 51.9 | (99.1) | (13.0) | (7.2) | 1.8 | +124.6% | |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.1 | 0.3 | 0.2 | −44.0% | |
| Interest income | 0.1 | 0.0 | 0.4 | 1.4 | 0.8 | 0.7 | −3.3% | |
| Other income / expense | (0.0) | 0.0 | 0.4 | 1.3 | 0.5 | (4.4) | −1011.7% | |
| Pre-tax income | 77.2 | 51.9 | (98.8) | (11.7) | (6.7) | (2.6) | +60.8% | |
| Income tax | 13.1 | 19.4 | (7.3) | 1.0 | (0.3) | 13.7 | +4273.3% | |
| Net income | 64.1 | 30.6 | (91.5) | (12.7) | (6.1) | (16.3) | −165.5% | |
| 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) | 0.14 | 0.07 | (0.21) | (0.03) | (0.01) | (0.03) | −156.0% | |
| EPS, diluted (per share) | 0.14 | 0.08 | (0.21) | (0.03) | (0.01) | (0.03) | −156.0% | |
| EBITDA | 84.2 | (56.7) | 13.8 | (3.9) | 18.8 | 27.0 | +43.5% | |
| Depreciation & amortization | 7.0 | 9.3 | 112.4 | 4.1 | 25.2 | 25.3 | +0.1% | |
| Weighted average shares (shares) | 442,256,700 | 408,401,067 | 443,090,183 | 439,394,461 | 456,953,855 | 474,505,562 | +3.8% | |
| Weighted average diluted shares (shares) | 442,256,716 | 408,401,067 | 443,090,183 | 444,825,531 | 456,953,855 | 474,505,562 | +3.8% | |
| Gross margin | 43.1% | 40.0% | 16.7% | 26.5% | 28.7% | 29.9% | +1.2 pts | |
| Operating margin | 36.3% | 52.9% | −73.7% | −14.1% | −6.8% | 1.6% | +8.4 pts | |
| Net margin | 30.1% | 31.1% | −68.0% | −13.8% | −5.9% | −14.8% | −8.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
