| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8 | 3.3 | 3.8 | 4.0 | 4.0 | 4.2 | +5.7% | |
| Cost of revenue | 2.5 | 3.0 | 3.6 | 3.6 | 3.5 | 3.9 | +9.2% | |
| Gross profit | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.4 | −21.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | +6.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.2% | |
| Operating expenses | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | −16.7% | |
| Operating income | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −38.2% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −11.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −38.9% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | +86.8% | |
| Pre-tax income | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | −8.0% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −55.7% | |
| Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +21.9% | |
| 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) | 0.49 | 0.45 | 0.20 | 0.41 | 0.44 | 0.53 | +20.5% | |
| EPS, diluted (per share) | 0.48 | 0.44 | 0.20 | 0.40 | 0.43 | 0.53 | +23.3% | |
| EBITDA | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | −22.6% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −1.7% | |
| Weighted average shares (shares) | 81,835,000 | 82,456,000 | 89,234,000 | 89,544,000 | 89,700,000 | 89,900,000 | +0.2% | |
| Weighted average diluted shares (shares) | 82,919,000 | 83,554,000 | 89,924,000 | 90,439,000 | 90,517,000 | 90,400,000 | −0.1% | |
| Gross margin | 9.4% | 8.9% | 7.7% | 10.8% | 11.5% | 8.5% | −2.9 pts | |
| Operating margin | 2.4% | 1.9% | 1.4% | 2.2% | 2.5% | 1.4% | −1.0 pts | |
| Net margin | 1.4% | 1.1% | 0.5% | 0.9% | 1.0% | 1.1% | +0.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
