| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 369.5 | 414.8 | 470.8 | 525.7 | 617.5 | 659.7 | +6.8% | |
| Cost of revenue | 100.2 | 132.1 | 151.0 | 151.2 | 172.5 | 181.3 | +5.1% | |
| Gross profit | 269.3 | 282.7 | 319.8 | 374.5 | 445.0 | 478.4 | +7.5% | |
| Research & development | 7.7 | 7.9 | 15.0 | 11.7 | 15.1 | 0.0 | −100.0% | |
| Selling, general & administrative | 121.5 | 130.3 | 151.4 | 172.7 | 183.7 | 203.4 | +10.7% | |
| Selling & marketing | 63.9 | 66.3 | 77.3 | 86.2 | 87.8 | 98.8 | +12.5% | |
| Operating expenses | 115.9 | 123.4 | 144.5 | 164.0 | 183.7 | 203.4 | +10.7% | |
| Operating income | 153.4 | 159.3 | 175.3 | 201.8 | 261.3 | 275.0 | +5.2% | |
| Interest expense | 1.0 | 0.8 | 0.9 | 1.3 | 1.4 | 1.8 | +28.6% | |
| Interest income | 0.2 | 0.2 | 1.3 | 2.5 | 2.9 | 2.5 | −13.8% | |
| Other income / expense | (0.8) | (2.8) | (4.7) | 1.2 | 1.5 | 0.7 | −53.3% | |
| Pre-tax income | 150.9 | 156.5 | 170.6 | 203.0 | 262.8 | 275.7 | +4.9% | |
| Income tax | 28.9 | 28.1 | 35.9 | 51.9 | 66.7 | 69.7 | +4.5% | |
| Net income | 122.0 | 128.4 | 134.7 | 151.1 | 196.1 | 206.0 | +5.0% | |
| 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) | 3.73 | 3.91 | 4.10 | 4.59 | 5.95 | 6.24 | +4.9% | |
| EPS, diluted (per share) | 3.71 | 3.91 | 4.09 | 4.58 | 5.94 | 6.23 | +4.9% | |
| EBITDA | 178.1 | 192.9 | 211.0 | 243.3 | 308.1 | 324.0 | +5.2% | |
| Depreciation & amortization | 26.2 | 34.7 | 39.5 | 38.8 | 43.9 | 46.5 | +5.9% | |
| Weighted average shares (shares) | 32,732,999 | 32,813,000 | 32,881,000 | 32,935,000 | 32,963,000 | 33,013,000 | +0.2% | |
| Weighted average diluted shares (shares) | 32,927,000 | 32,872,999 | 32,898,000 | 32,977,000 | 33,041,000 | 33,093,000 | +0.2% | |
| Gross margin | 72.9% | 68.2% | 67.9% | 71.2% | 72.1% | 72.5% | +0.5 pts | |
| Operating margin | 41.5% | 38.4% | 37.2% | 38.4% | 42.3% | 41.7% | −0.6 pts | |
| Net margin | 33.0% | 31.0% | 28.6% | 28.7% | 31.8% | 31.2% | −0.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
