| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.7 | 41.7 | 23.8 | 20.8 | 12.0 | (3.8) | −131.3% | |
| Cost of revenue | 0.1 | 0.5 | 0.6 | 0.6 | 0.7 | 0.3 | −50.2% | |
| Gross profit | 3.6 | 41.2 | 23.3 | 20.2 | 11.3 | (4.1) | −136.4% | |
| Operating income | (1.2) | 4.8 | 19.5 | 15.7 | 7.9 | (34.4) | −535.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | (1.1) | 4.8 | 19.5 | 14.7 | 7.9 | (35.8) | −556.3% | |
| Income tax | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 30.3 | 4.8 | 19.5 | 14.7 | 7.9 | (35.8) | −556.3% | |
| EPS, basic (per share) | 0.23 | 0.04 | 0.12 | 0.08 | 0.04 | (0.20) | −556.7% | |
| EPS, diluted (per share) | 0.23 | 0.03 | 0.11 | 0.08 | 0.04 | (0.20) | −556.7% | |
| EBITDA | (1.2) | 4.8 | 19.5 | 15.7 | 7.9 | (34.4) | −535.2% | |
| Weighted average shares (shares) | 130,695,850 | 135,108,311 | 164,107,130 | 177,369,520 | 177,145,867 | 177,103,452 | −0.0% | |
| Weighted average diluted shares (shares) | 130,695,850 | 152,848,397 | 177,512,865 | 177,564,711 | 177,369,017 | 177,103,452 | −0.1% | |
| Gross margin | 98.3% | 98.8% | 97.6% | 97.3% | 94.2% | 109.3% | +15.1 pts | |
| Operating margin | −33.5% | 11.5% | 81.7% | 75.4% | 65.8% | 913.9% | +848.1 pts | |
| Net margin | 819.7% | 11.4% | 81.6% | 70.9% | 65.4% | 952.6% | +887.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
