| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 291.9 | 370.4 | 455.5 | 346.4 | 344.3 | 386.0 | +12.1% | |
| Cost of revenue | 227.2 | 242.0 | 294.8 | 245.7 | 241.3 | 257.8 | +6.8% | |
| Gross profit | 64.7 | 128.4 | 160.7 | 100.7 | 103.0 | 128.2 | +24.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 64.9 | 78.6 | 91.7 | 77.1 | 75.5 | 86.8 | +15.0% | |
| Selling & marketing | 44.1 | 51.2 | 57.7 | 48.6 | 46.1 | 52.5 | +13.9% | |
| Operating expenses | 64.7 | 69.6 | 91.7 | 76.6 | 69.1 | 86.8 | +25.6% | |
| Operating income | 1.4 | 60.1 | 75.0 | 24.1 | 33.9 | 41.4 | +22.1% | |
| Interest expense | 3.2 | 3.3 | 2.1 | 6.4 | 9.1 | 6.0 | −34.1% | |
| Interest income | 3.2 | 0.0 | 0.0 | 7.0 | 0.0 | 0.0 | — | |
| Other income / expense | (6.8) | (3.3) | (2.1) | (7.0) | (9.1) | (18.1) | −98.9% | |
| Pre-tax income | (5.4) | 56.8 | 72.9 | 17.1 | 24.8 | 23.3 | −6.0% | |
| Income tax | 0.2 | 11.3 | 14.1 | 4.3 | 7.3 | 6.3 | −13.7% | |
| Net income | (5.6) | 45.5 | 58.8 | 12.8 | 17.5 | 17.0 | −2.9% | |
| 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) | (0.03) | 0.20 | 0.27 | 0.06 | 0.08 | 0.08 | −3.0% | |
| EPS, diluted (per share) | (0.03) | 0.20 | 0.27 | 0.06 | 0.08 | 0.08 | −3.3% | |
| EBITDA | 15.1 | 76.5 | 91.4 | 58.3 | 54.7 | 61.0 | +11.5% | |
| Depreciation & amortization | 17.3 | 16.4 | 16.5 | 20.0 | 20.8 | 19.6 | −5.8% | |
| Weighted average shares (shares) | 214,800,000 | 228,100,000 | 216,200,000 | 206,600,000 | 210,600,000 | 211,000,000 | +0.2% | |
| Weighted average diluted shares (shares) | 215,000,000 | 230,400,000 | 219,400,000 | 208,000,000 | 211,300,000 | 212,300,000 | +0.5% | |
| Gross margin | 22.2% | 34.7% | 35.3% | 29.1% | 29.9% | 33.2% | +3.3 pts | |
| Operating margin | 0.5% | 16.2% | 16.5% | 7.0% | 9.8% | 10.7% | +0.9 pts | |
| Net margin | −1.9% | 12.3% | 12.9% | 3.7% | 5.1% | 4.4% | −0.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
