| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.3 | 9.3 | 10.2 | 11.1 | 13.0 | 12.5 | −3.3% | |
| Cost of revenue | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | −24.2% | |
| Gross profit | 9.0 | 9.0 | 9.9 | 10.7 | 12.6 | 12.3 | −2.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 0.9 | 0.9 | 0.0 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 7.5 | 6.5 | 9.0 | 10.6 | 12.3 | 11.6 | −5.6% | |
| Operating income | 1.4 | 2.5 | 0.9 | 0.1 | 0.3 | 0.8 | +148.2% | |
| Interest expense | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | −24.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 13.0 | 0.0 | −100.0% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 1.4 | 2.5 | 0.9 | 0.1 | 0.3 | 0.8 | +148.2% | |
| Income tax | 0.1 | 0.4 | 0.1 | (0.4) | 0.1 | 0.3 | +121.9% | |
| Net income | 1.6 | 2.1 | 0.8 | 0.5 | 0.2 | 0.5 | +160.7% | |
| Discontinued operations | 0.3 | 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) | 0.27 | 0.34 | 0.38 | 0.07 | 0.03 | 0.08 | +188.9% | |
| EPS, diluted (per share) | 0.26 | 0.33 | 0.36 | 0.07 | 0.03 | 0.08 | +174.5% | |
| EBITDA | 1.5 | 2.9 | 1.3 | 0.6 | 0.7 | 1.1 | +57.1% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 5,930,000,000 | 5,929,000,000 | 5,917,000,000 | 5,915,000,000 | 5,886,000,000 | 5,713,000,000 | −2.9% | |
| Weighted average diluted shares (shares) | 6,277,000,000 | 6,295,000,000 | 6,279,000,000 | 6,281,000,000 | 5,948,000,000 | 6,076,000,000 | +2.2% | |
| Gross margin | 96.7% | 96.8% | 97.2% | 96.9% | 97.1% | 97.8% | +0.6 pts | |
| Operating margin | 15.4% | 26.8% | 8.5% | 0.7% | 2.6% | 6.6% | +4.0 pts | |
| Net margin | 17.3% | 22.1% | 7.7% | 4.1% | 1.5% | 4.0% | +2.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
