| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139.1 | 191.9 | 208.8 | 176.7 | 187.9 | 199.0 | +5.9% | |
| Cost of revenue | 111.0 | 129.8 | 148.0 | 143.0 | 136.5 | 139.4 | +2.1% | |
| Gross profit | 28.1 | 62.2 | 60.7 | 33.7 | 51.5 | 59.7 | +15.9% | |
| Research & development | 1.0 | 0.8 | 0.1 | 0.4 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 18.8 | 14.2 | 19.1 | 18.9 | 16.2 | 17.4 | +7.3% | |
| Selling & marketing | 2.8 | 0.6 | 2.0 | 1.5 | 1.3 | 0.0 | −100.0% | |
| Operating expenses | 19.3 | 14.2 | 19.3 | 18.9 | 16.5 | 17.4 | +5.2% | |
| Operating income | 8.8 | 48.1 | 41.4 | 14.8 | 35.0 | 42.3 | +21.0% | |
| Interest expense | 19.3 | 18.0 | 16.8 | 15.5 | 12.9 | 13.7 | +6.6% | |
| Interest income | 0.5 | 2.7 | 2.1 | 2.1 | 2.6 | 1.0 | −61.5% | |
| Other income / expense | (32.1) | (18.9) | 0.6 | (44.1) | 3.9 | (17.8) | −552.2% | |
| Pre-tax income | (23.3) | 29.2 | 42.0 | (29.2) | 38.9 | 24.5 | −36.9% | |
| Income tax | (7.2) | 19.9 | 9.2 | (11.6) | 8.4 | 10.0 | +18.1% | |
| Net income | (13.6) | 7.3 | 27.8 | (10.2) | 26.4 | 8.7 | −67.3% | |
| 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) | (0.31) | (0.03) | 0.27 | (0.46) | 0.42 | (0.01) | −101.7% | |
| EPS, diluted (per share) | (0.31) | (0.03) | 0.40 | (0.33) | 0.42 | (0.01) | −101.7% | |
| EBITDA | 33.2 | 72.7 | 66.5 | 41.0 | 78.8 | 70.0 | −11.2% | |
| Depreciation & amortization | 24.4 | 24.6 | 25.1 | 26.1 | 26.6 | 27.7 | +4.1% | |
| Weighted average shares (shares) | 43,951,073 | 214,662,447 | 68,932,526 | 31,318,042 | 43,964,000 | 43,964,000 | +0.0% | |
| Weighted average diluted shares (shares) | 43,951,000 | 43,951,000 | 47,961,000 | 43,964,000 | 43,964,000 | 43,964,000 | +0.0% | |
| Gross margin | 20.2% | 32.4% | 29.1% | 19.1% | 27.4% | 30.0% | +2.6 pts | |
| Operating margin | 6.3% | 25.1% | 19.8% | 8.4% | 18.6% | 21.3% | +2.6 pts | |
| Net margin | −9.8% | 3.8% | 13.3% | −5.8% | 14.1% | 4.4% | −9.7 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.
