| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.3 | — | |
| Cost of revenue | 9.8 | (4.0) | (5.7) | 0.2 | 0.1 | 0.1 | −45.3% | |
| Gross profit | (9.8) | 4.2 | 5.7 | 0.0 | (0.1) | (0.1) | +45.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 2.9 | 1.7 | 3.2 | 2.4 | 4.5 | 2.9 | −36.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 2.9 | 1.7 | 3.2 | 2.1 | 4.5 | 2.8 | −37.6% | |
| Operating income | (12.7) | 2.6 | 2.5 | (2.3) | (4.6) | (2.9) | +37.8% | |
| Interest expense | 3.3 | 2.3 | 1.4 | 2.0 | 2.3 | 3.0 | +30.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +266.7% | |
| Other income / expense | (6.1) | (0.1) | 4.0 | (4.6) | (122.0) | (19.5) | +84.0% | |
| Pre-tax income | (18.8) | 2.5 | 6.6 | (6.9) | (126.6) | (22.3) | +82.4% | |
| Income tax | 0.0 | 0.0 | 1.6 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (22.1) | 2.4 | 5.0 | (7.2) | (150.8) | (22.3) | +85.2% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | (0.3) | (24.2) | 0.0 | +100.0% | |
| Other net income adjustments | (3.3) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.15) | 0.02 | 0.03 | (0.04) | (0.75) | (0.11) | +85.3% | |
| EPS, diluted (per share) | (0.15) | 0.02 | 0.03 | (0.04) | (0.75) | (0.11) | +85.3% | |
| EBITDA | (15.2) | 2.6 | 6.6 | (6.7) | (124.2) | (2.8) | +97.8% | |
| Depreciation & amortization | 0.3 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | −45.3% | |
| Weighted average shares (shares) | 122,500,000 | 149,400,000 | 175,200,000 | 188,200,000 | 201,700,000 | 201,700,000 | +0.0% | |
| Weighted average diluted shares (shares) | 122,500,000 | 149,500,000 | 175,900,000 | 188,200,000 | 201,700,000 | 201,700,000 | +0.0% | |
| Gross margin | — | 1,904.5% | 13,304.7% | 100.0% | — | −23.7% | — | |
| Operating margin | — | 1,144.4% | 5,920.9% | −57,675.0% | — | −966.8% | — | |
| Net margin | — | 1,084.3% | 11,565.1% | −179,000.0% | — | −7,575.9% | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
