| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8 | 1.9 | 2.0 | 2.2 | 2.2 | 2.3 | +4.3% | |
| Cost of revenue | 1.0 | 1.0 | 1.1 | 1.2 | 1.2 | 1.2 | +6.1% | |
| Gross profit | 0.8 | 0.8 | 0.9 | 1.0 | 1.0 | 1.1 | +2.2% | |
| Research & development | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | −3.1% | |
| Selling, general & administrative | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.7 | +6.6% | |
| Selling & marketing | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | −100.0% | |
| Operating expenses | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.7 | −3.8% | |
| Operating income | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | +13.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +14.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +57.7% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | +150.0% | |
| Pre-tax income | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | +26.7% | |
| Income tax | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | +32.6% | |
| Net income | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | +24.7% | |
| 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) | 0.63 | 0.74 | 0.88 | 0.92 | 0.96 | 1.24 | +29.2% | |
| EPS, diluted (per share) | 0.63 | 0.73 | 0.87 | 0.91 | 0.96 | 1.24 | +29.2% | |
| EBITDA | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | +18.2% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −4.7% | |
| Weighted average shares (shares) | 271,400,000 | 266,899,999 | 258,300,000 | 259,300,000 | 258,800,000 | 249,400,000 | −3.6% | |
| Weighted average diluted shares (shares) | 271,900,000 | 268,000,000 | 259,500,000 | 260,300,000 | 259,899,999 | 250,300,000 | −3.7% | |
| Gross margin | 43.3% | 44.8% | 43.9% | 46.1% | 47.3% | 46.3% | −0.9 pts | |
| Operating margin | 14.5% | 16.0% | 16.6% | 14.5% | 16.1% | 17.6% | +1.5 pts | |
| Net margin | 9.3% | 10.5% | 11.0% | 10.8% | 11.2% | 13.5% | +2.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.