| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.3 | 10.3 | 30.9 | 15.6 | 17.0 | 18.2 | +7.3% | |
| Cost of revenue | 6.2 | 8.1 | 7.7 | 0.0 | (0.0) | 0.0 | +100.0% | |
| Gross profit | 7.1 | 2.3 | 23.2 | 15.6 | 14.5 | 18.2 | +26.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 2.1 | 1.0 | 1.3 | 1.1 | 0.0 | −100.0% | |
| Selling & marketing | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Operating expenses | 5.8 | 2.7 | 27.3 | 15.4 | 11.4 | 18.2 | +59.8% | |
| Operating income | 1.3 | (0.4) | (4.1) | 0.3 | (1.1) | 0.0 | +101.8% | |
| Interest expense | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | −8.3% | |
| Interest income | 5.8 | 7.0 | 22.3 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 1.3 | (0.4) | (4.1) | 0.3 | (1.1) | 0.0 | +101.8% | |
| Income tax | 0.4 | 0.3 | 1.4 | 0.2 | 0.0 | 0.4 | +1327.6% | |
| Net income | 0.8 | (0.8) | (2.7) | 0.1 | (1.1) | (0.4) | +59.4% | |
| 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) | 0.92 | (0.86) | (2.75) | 0.03 | (1.12) | (0.47) | +58.0% | |
| EPS, diluted (per share) | 0.92 | (0.86) | (2.75) | 0.03 | (1.12) | (0.47) | +58.0% | |
| EBITDA | 1.5 | (0.2) | (3.9) | 0.5 | (0.9) | 0.3 | +136.0% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.0 | −90.8% | |
| Weighted average shares (shares) | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,001,000,000 | 1,001,000,000 | 1,001,000,000 | +0.0% | |
| Weighted average diluted shares (shares) | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,003,000,000 | 1,001,000,000 | 1,001,000,000 | +0.0% | |
| Gross margin | 53.3% | 22.0% | 75.1% | 100.0% | 85.0% | 100.0% | +15.0 pts | |
| Operating margin | 9.6% | −4.2% | −13.2% | 1.7% | −6.5% | 0.1% | +6.6 pts | |
| Net margin | 6.0% | −8.1% | −8.8% | 0.4% | −6.4% | −2.4% | +4.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
