| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 910.7 | 950.5 | 1,112.1 | 1,114.7 | 1,100.7 | 996.6 | −9.5% | |
| Cost of revenue | 726.7 | 743.4 | 867.4 | 993.9 | 287.5 | 798.3 | +177.7% | |
| Gross profit | 184.0 | 207.1 | 244.7 | 120.8 | 813.2 | 198.3 | −75.6% | |
| Research & development | 28.0 | 28.5 | 31.6 | 32.9 | 31.1 | 28.9 | −7.1% | |
| Selling, general & administrative | 0.5 | 0.3 | 0.5 | 0.5 | 678.5 | 0.4 | −99.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 28.5 | 28.8 | 32.1 | 28.9 | 709.6 | 29.3 | −95.9% | |
| Operating income | 155.5 | 113.1 | 140.8 | 91.9 | 103.6 | 169.0 | +63.1% | |
| Interest expense | 12.8 | 10.0 | 10.8 | 18.0 | 21.6 | 24.7 | +14.4% | |
| Interest income | 0.9 | 0.8 | 1.6 | 3.9 | 2.6 | 2.9 | +11.5% | |
| Other income / expense | (11.3) | (8.8) | (9.2) | (14.1) | (19.0) | (146.0) | −668.4% | |
| Pre-tax income | (13.1) | 103.9 | 131.6 | 77.8 | 84.6 | 23.0 | −72.8% | |
| Income tax | 6.9 | 28.2 | 36.0 | 22.2 | 25.9 | 17.9 | −30.9% | |
| Net income | (22.5) | 73.8 | 88.0 | 47.3 | 50.3 | 21.1 | −58.1% | |
| Discontinued operations | 2.0 | 5.7 | 1.1 | 0.7 | 0.1 | 23.7 | +23600.0% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.08) | 0.26 | 0.31 | 0.17 | 0.18 | 0.08 | −58.1% | |
| EPS, diluted (per share) | (0.08) | 0.26 | 0.31 | 0.16 | 0.18 | 0.08 | −58.3% | |
| EBITDA | 44.5 | 156.3 | 188.1 | 138.6 | 150.0 | 210.1 | +40.1% | |
| Depreciation & amortization | 48.0 | 44.0 | 42.8 | 42.8 | 44.4 | 41.1 | −7.4% | |
| Weighted average shares (shares) | 284,700,000 | 284,600,000 | 284,200,000 | 284,800,000 | 284,500,000 | 279,600,000 | −1.7% | |
| Weighted average diluted shares (shares) | 284,700,000 | 287,000,000 | 286,800,000 | 287,300,000 | 287,300,000 | 280,900,000 | −2.2% | |
| Gross margin | 20.2% | 21.8% | 22.0% | 10.8% | 73.9% | 19.9% | −54.0 pts | |
| Operating margin | 17.1% | 11.9% | 12.7% | 8.2% | 9.4% | 17.0% | +7.5 pts | |
| Net margin | −2.5% | 7.8% | 7.9% | 4.2% | 4.6% | 2.1% | −2.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
