| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34.6 | 257.7 | 341.1 | 262.0 | 212.9 | 144.7 | −32.0% | |
| Cost of revenue | 59.1 | 112.2 | 160.9 | 160.7 | 152.0 | 134.2 | −11.7% | |
| Gross profit | (24.5) | 145.5 | 181.7 | 101.4 | 60.9 | 10.5 | −82.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 13.4 | 23.3 | 34.1 | 28.0 | 31.6 | 20.1 | −36.3% | |
| Selling & marketing | 5.0 | 6.2 | 9.5 | 11.8 | 12.3 | 3.2 | −73.8% | |
| Operating expenses | 71.8 | 37.8 | 65.2 | 84.0 | 158.8 | 41.6 | −73.8% | |
| Operating income | (96.3) | 107.6 | 116.5 | 17.4 | (98.0) | (31.1) | +68.2% | |
| Interest expense | 3.0 | 2.7 | 2.5 | 2.4 | 5.6 | 5.4 | −3.7% | |
| Interest income | 0.4 | 0.2 | 1.0 | 1.5 | 0.9 | 1.4 | +60.5% | |
| Other income / expense | (2.9) | (3.2) | (1.9) | (0.8) | (5.7) | (40.0) | −606.6% | |
| Pre-tax income | (99.2) | 104.4 | 114.7 | 16.6 | (103.6) | (71.2) | +31.3% | |
| Income tax | (6.0) | 39.5 | 40.4 | 19.4 | (2.8) | (21.3) | −653.6% | |
| Net income | (85.3) | 50.7 | 56.8 | (10.1) | (82.1) | (40.7) | +50.5% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (3.4) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.07) | 0.04 | 0.05 | (0.01) | (0.07) | (0.03) | +58.8% | |
| EPS, diluted (per share) | (0.07) | 0.04 | 0.05 | (0.01) | (0.07) | (0.03) | +60.8% | |
| EBITDA | (75.2) | 134.7 | 154.7 | 55.9 | (61.3) | 3.1 | +105.1% | |
| Depreciation & amortization | 21.0 | 27.5 | 37.7 | 36.9 | 36.7 | 34.2 | −6.7% | |
| Weighted average shares (shares) | 1,169,141,000 | 1,168,938,000 | 1,185,105,000 | 1,206,077,000 | 1,225,000,000 | 1,476,650,587 | +20.5% | |
| Weighted average diluted shares (shares) | 1,169,141,000 | 1,169,798,000 | 1,248,246,000 | 1,208,662,000 | 1,168,351,000 | 1,476,650,587 | +26.4% | |
| Gross margin | −70.9% | 56.4% | 53.3% | 38.7% | 28.6% | 7.3% | −21.3 pts | |
| Operating margin | −278.6% | 41.8% | 34.2% | 6.6% | −46.0% | −21.5% | +24.5 pts | |
| Net margin | −246.7% | 19.7% | 16.6% | −3.9% | −38.6% | −28.1% | +10.5 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.
