| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.3 | 13.2 | 13.1 | 13.0 | 12.8 | 12.9 | +1.3% | |
| Cost of revenue | 7.8 | 8.2 | 8.3 | 8.2 | 8.0 | 8.0 | −0.1% | |
| Gross profit | 4.6 | 4.9 | 4.8 | 4.8 | 4.8 | 4.9 | +3.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 3.7 | 3.9 | 4.0 | 4.2 | 4.3 | 4.4 | +2.1% | |
| Selling & marketing | 2.8 | 3.0 | 3.1 | 3.2 | 3.2 | 3.3 | +1.6% | |
| Operating expenses | 3.7 | 3.9 | 4.0 | 4.2 | 4.4 | 4.3 | −1.4% | |
| Operating income | 0.9 | 1.1 | 0.7 | 0.6 | 0.4 | 0.6 | +56.3% | |
| Interest expense | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −6.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −18.8% | |
| Other income / expense | (0.2) | (0.1) | (0.1) | (0.1) | (0.1) | (0.3) | −158.0% | |
| Pre-tax income | 0.8 | 1.0 | 0.6 | 0.5 | 0.3 | 0.4 | +23.1% | |
| Income tax | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | +9.0% | |
| Net income | 0.6 | 0.8 | 0.5 | 0.3 | 0.2 | 0.2 | +32.4% | |
| 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) | 0.28 | 0.40 | 0.24 | 0.18 | 0.10 | 0.14 | +40.0% | |
| EPS, diluted (per share) | 0.28 | 0.40 | 0.24 | 0.18 | 0.10 | 0.14 | +41.3% | |
| EBITDA | 1.5 | 1.7 | 1.3 | 1.2 | 1.1 | 1.3 | +19.0% | |
| Depreciation & amortization | 0.5 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | +1.7% | |
| Weighted average shares (shares) | 2,105,000,000 | 2,092,000,000 | 1,980,000,000 | 1,916,666,666 | 1,838,000,000 | 1,748,000,000 | −4.9% | |
| Weighted average diluted shares (shares) | 2,119,000,000 | 2,116,000,000 | 2,002,000,000 | 1,921,000,000 | 1,867,000,000 | 1,776,000,000 | −4.9% | |
| Gross margin | 37.0% | 37.4% | 36.7% | 36.8% | 37.3% | 38.1% | +0.8 pts | |
| Operating margin | 7.4% | 8.7% | 5.5% | 4.5% | 3.2% | 4.9% | +1.7 pts | |
| Net margin | 4.8% | 6.4% | 3.6% | 2.7% | 1.4% | 1.9% | +0.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
