| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 600.2 | 615.8 | 601.4 | 568.6 | 538.6 | 518.4 | −3.8% | |
| Cost of revenue | 303.2 | 329.4 | 375.7 | 344.7 | 303.4 | 300.2 | −1.1% | |
| Gross profit | 297.0 | 286.4 | 225.7 | 223.9 | 235.2 | 218.2 | −7.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 165.8 | 146.8 | 122.4 | 130.3 | 135.7 | 116.2 | −14.4% | |
| Selling & marketing | 46.2 | 41.1 | 38.1 | 36.9 | 36.8 | 31.8 | −13.6% | |
| Operating expenses | 165.7 | 207.1 | 154.4 | 177.8 | 161.0 | 353.0 | +119.3% | |
| Operating income | 7.6 | 79.3 | 71.3 | 46.1 | 74.2 | (134.8) | −281.7% | |
| Interest expense | 2.6 | 2.7 | 2.9 | 4.5 | 8.2 | 5.2 | −36.6% | |
| Interest income | 0.1 | 0.1 | 0.1 | 1.0 | 0.2 | 0.2 | +0.0% | |
| Other income / expense | (7.2) | (6.0) | (5.1) | (9.4) | (11.4) | (31.1) | −172.8% | |
| Pre-tax income | 0.4 | 73.3 | 66.2 | 36.7 | 62.8 | (165.9) | −364.2% | |
| Income tax | 27.1 | 70.4 | 13.9 | 15.2 | 9.2 | (33.6) | −465.2% | |
| Net income | (26.7) | 2.9 | 52.3 | 21.5 | 53.6 | (132.3) | −346.8% | |
| 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) | (0.09) | 0.01 | 0.17 | 0.07 | 0.17 | (0.42) | −347.1% | |
| EPS, diluted (per share) | (0.09) | 0.01 | 0.17 | 0.07 | 0.17 | (0.42) | −347.1% | |
| EBITDA | 29.0 | 93.7 | 106.8 | 61.4 | 90.6 | (115.1) | −227.0% | |
| Depreciation & amortization | 27.4 | 19.3 | 20.2 | 21.6 | 19.6 | 19.7 | +0.5% | |
| Weighted average shares (shares) | 309,430,000 | 310,282,000 | 312,153,000 | 314,206,000 | 315,352,000 | 315,782,000 | +0.1% | |
| Weighted average diluted shares (shares) | 309,430,000 | 319,253,000 | 316,981,000 | 317,099,000 | 319,934,000 | 315,782,000 | −1.3% | |
| Gross margin | 49.5% | 46.5% | 37.5% | 39.4% | 43.7% | 42.1% | −1.6 pts | |
| Operating margin | 1.3% | 12.9% | 11.9% | 8.1% | 13.8% | −26.0% | −39.8 pts | |
| Net margin | −4.4% | 0.5% | 8.7% | 3.8% | 10.0% | −25.5% | −35.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
