| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 189.6 | 201.9 | 188.9 | 140.3 | 154.2 | 100.5 | −34.8% | |
| Cost of revenue | 133.6 | 143.5 | 144.4 | 109.1 | 111.4 | 97.6 | −12.4% | |
| Gross profit | 56.0 | 58.4 | 44.5 | 31.2 | 42.8 | 2.9 | −93.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 8.5 | 9.3 | 9.3 | 15.3 | 16.5 | 5.9 | −63.9% | |
| Selling & marketing | 0.6 | 0.4 | 0.3 | 15.3 | 16.5 | 5.9 | −63.9% | |
| Operating expenses | 13.3 | 11.5 | 10.0 | 20.8 | 24.8 | 15.9 | −36.0% | |
| Operating income | 42.7 | 46.9 | 34.5 | 10.4 | 18.0 | (13.0) | −172.3% | |
| Interest expense | 4.8 | 4.2 | 4.5 | 5.3 | 7.2 | 5.0 | −30.2% | |
| Interest income | 0.4 | 0.2 | 0.3 | 0.6 | 0.4 | 1.1 | +181.3% | |
| Other income / expense | (4.4) | (4.0) | (4.1) | (4.7) | (6.5) | (81.0) | −1139.8% | |
| Pre-tax income | 38.3 | 42.9 | 30.4 | 5.7 | 11.5 | (94.0) | −920.0% | |
| Income tax | 10.7 | 15.6 | 10.3 | 4.1 | 3.4 | (19.9) | −689.8% | |
| Net income | 13.6 | 14.8 | 10.2 | (2.1) | 2.9 | (106.2) | −3768.3% | |
| Discontinued operations | (3.3) | (3.8) | 0.0 | 0.0 | 0.0 | (52.1) | — | |
| Other net income adjustments | 0.0 | 3.8 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.12 | 0.11 | 0.07 | (0.02) | 0.02 | (0.75) | −3794.6% | |
| EPS, diluted (per share) | 0.12 | 0.10 | 0.07 | (0.02) | 0.02 | (0.75) | −3794.6% | |
| EBITDA | 53.6 | 51.2 | 38.6 | 57.5 | 65.6 | 30.1 | −54.1% | |
| Depreciation & amortization | 7.0 | 6.9 | 6.6 | 46.5 | 47.0 | 43.1 | −8.2% | |
| Weighted average shares (shares) | 139,273,000 | 140,293,000 | 139,801,000 | 139,536,410 | 142,906,790 | 139,845,000 | −2.1% | |
| Weighted average diluted shares (shares) | 141,614,000 | 142,089,000 | 141,659,000 | 142,038,000 | 142,900,000 | 139,845,000 | −2.1% | |
| Gross margin | 29.5% | 28.9% | 23.6% | 22.2% | 27.8% | 2.8% | −24.9 pts | |
| Operating margin | 22.5% | 23.2% | 18.3% | 7.4% | 11.7% | −12.9% | −24.6 pts | |
| Net margin | 7.2% | 7.3% | 5.4% | −1.5% | 1.9% | −105.7% | −107.5 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.
