| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.7 | 0.8 | 1.1 | 0.6 | 2.1 | 1.9 | −8.1% | |
| Cost of revenue | 0.0 | 0.2 | 0.4 | (1.2) | 1.4 | 1.2 | −12.7% | |
| Gross profit | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | +1.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | +2.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +12.0% | |
| Operating expenses | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.3 | +19.4% | |
| Operating income | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | −5.9% | |
| Interest expense | 0.2 | 0.2 | 0.4 | 1.1 | 1.4 | 1.2 | −13.6% | |
| Interest income | 0.7 | 0.7 | 1.1 | 1.8 | 2.1 | 1.9 | −8.7% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | −100.0% | |
| Pre-tax income | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | −8.5% | |
| Income tax | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −12.0% | |
| Net income | 0.2 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | −7.3% | |
| 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) | 0.43 | 0.76 | 0.91 | 0.66 | 0.78 | 0.76 | −2.6% | |
| EPS, diluted (per share) | 0.42 | 0.75 | 0.90 | 0.65 | 0.76 | 0.74 | −2.6% | |
| EBITDA | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | −9.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −40.7% | |
| Weighted average shares (shares) | 446,200,000 | 448,100,000 | 441,500,000 | 414,200,000 | 385,600,000 | 364,600,000 | −5.4% | |
| Weighted average diluted shares (shares) | 450,200,000 | 452,700,000 | 446,600,000 | 421,200,000 | 395,100,000 | 374,300,000 | −5.3% | |
| Gross margin | 100.0% | 81.1% | 69.2% | 106.9% | 31.7% | 35.2% | +3.4 pts | |
| Operating margin | 37.9% | 61.2% | 50.4% | 61.4% | 19.4% | 19.9% | +0.5 pts | |
| Net margin | 26.5% | 45.5% | 38.1% | 46.4% | 14.7% | 14.8% | +0.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.