| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 142.0 | 134.1 | 184.4 | 167.9 | 126.8 | 117.0 | −7.7% | |
| Cost of revenue | 123.8 | 114.6 | 116.8 | 111.2 | 80.6 | 102.3 | +26.9% | |
| Gross profit | 18.2 | 19.5 | 82.3 | 56.7 | 46.2 | 14.7 | −68.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 14.7 | 13.2 | 10.0 | 9.0 | 7.2 | 8.8 | +22.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | (1.9) | 0.0 | +100.0% | |
| Operating expenses | 249.5 | (28.8) | (17.9) | 74.8 | (18.1) | 9.5 | +152.5% | |
| Operating income | (231.3) | 48.3 | 100.2 | (18.1) | 64.3 | 5.2 | −91.9% | |
| Interest expense | 5.6 | 4.6 | 7.3 | 9.7 | 3.3 | 2.3 | −30.3% | |
| Interest income | 1.5 | 6.2 | 9.9 | 7.5 | 0.3 | 0.5 | +63.1% | |
| Other income / expense | (9.9) | (9.7) | (19.6) | (10.9) | (3.6) | 1.4 | +139.7% | |
| Pre-tax income | (241.2) | 38.6 | 80.6 | (29.0) | 60.7 | 6.6 | −89.1% | |
| Income tax | (25.6) | 43.3 | 56.2 | 19.8 | 37.1 | 13.4 | −63.9% | |
| Net income | (215.8) | (4.7) | 24.4 | (48.8) | 23.6 | (6.7) | −128.6% | |
| Discontinued operations | (0.2) | 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) | (0.55) | (0.01) | 0.06 | (0.11) | 0.05 | (0.02) | −130.1% | |
| EPS, diluted (per share) | (0.55) | (0.01) | 0.05 | (0.11) | 0.05 | (0.02) | −130.2% | |
| EBITDA | (171.1) | 94.6 | 143.1 | 36.3 | 111.3 | 55.1 | −50.5% | |
| Depreciation & amortization | 64.5 | 51.4 | 55.2 | 55.6 | 47.3 | 49.9 | +5.6% | |
| Weighted average shares (shares) | 394,872,000 | 437,800,000 | 439,300,000 | 427,171,000 | 417,000,000 | 413,100,000 | −0.9% | |
| Weighted average diluted shares (shares) | 395,100,000 | 437,800,000 | 440,200,000 | 427,170,000 | 419,700,000 | 413,100,000 | −1.6% | |
| Gross margin | 12.8% | 14.5% | 44.6% | 33.8% | 36.4% | 12.6% | −23.9 pts | |
| Operating margin | −162.9% | 36.0% | 54.3% | −10.8% | 50.7% | 4.5% | −46.3 pts | |
| Net margin | −152.0% | −3.5% | 13.2% | −29.1% | 18.6% | −5.8% | −24.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
