| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70.0 | 109.9 | 166.7 | 72.4 | 181.6 | 130.7 | −28.0% | |
| Cost of revenue | 59.7 | 61.4 | 83.4 | 60.1 | 150.5 | 118.4 | −21.3% | |
| Gross profit | 11.4 | 48.5 | 85.3 | 12.4 | 31.1 | 12.3 | −60.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 14.5 | 19.2 | 22.1 | 27.4 | 10.6 | 11.7 | +9.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | (17.1) | 17.9 | 22.2 | (41.9) | (43.6) | 35.3 | +181.1% | |
| Operating income | 27.8 | 121.9 | 44.5 | 54.2 | 74.6 | (23.0) | −130.8% | |
| Interest expense | 3.5 | 4.1 | 6.4 | 6.4 | 7.9 | 15.2 | +91.5% | |
| Interest income | 0.4 | 0.2 | 0.2 | 0.4 | 3.2 | 4.6 | +44.4% | |
| Other income / expense | 5.6 | 5.3 | (13.6) | (4.4) | (5.2) | 40.4 | +869.7% | |
| Pre-tax income | 33.3 | 127.2 | 30.9 | 49.8 | 69.4 | 17.4 | −75.0% | |
| Income tax | 7.5 | 33.2 | 3.0 | 11.9 | 12.2 | 7.9 | −35.0% | |
| Net income | 25.8 | 94.0 | 27.8 | 38.0 | 57.2 | 9.5 | −83.5% | |
| 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) | 0.08 | 0.29 | 0.09 | 0.12 | 0.18 | 0.03 | −83.8% | |
| EPS, diluted (per share) | 0.08 | 0.29 | 0.09 | 0.12 | 0.17 | 0.03 | −83.4% | |
| EBITDA | (2.9) | 30.8 | 61.3 | 54.3 | 77.7 | 33.2 | −57.3% | |
| Depreciation & amortization | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.6 | +49.8% | |
| Weighted average shares (shares) | 322,104,415 | 322,493,443 | 322,571,783 | 322,767,356 | 323,497,275 | 324,003,413 | +0.2% | |
| Weighted average diluted shares (shares) | 323,840,504 | 325,059,137 | 326,317,353 | 328,653,655 | 331,274,223 | 334,337,040 | +0.9% | |
| Gross margin | 16.2% | 44.1% | 51.2% | 17.1% | 17.1% | 9.4% | −7.7 pts | |
| Operating margin | 39.7% | 111.0% | 26.7% | 74.9% | 41.1% | −17.6% | −58.7 pts | |
| Net margin | 36.9% | 85.5% | 16.7% | 52.4% | 31.5% | 7.2% | −24.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.