| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.8 | 8.7 | 12.5 | 10.5 | 10.1 | 10.2 | +0.5% | |
| Cost of revenue | 4.7 | 7.0 | 10.6 | 6.1 | 6.3 | 6.3 | +0.6% | |
| Gross profit | 2.1 | 1.7 | 1.9 | 4.4 | 3.9 | 3.9 | +0.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.2 | 0.6 | 0.8 | 1.6 | 1.1 | 1.8 | +71.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.2 | 0.5 | 0.8 | 1.7 | 1.9 | 1.8 | −6.3% | |
| Operating income | 0.9 | 1.2 | 1.1 | 2.6 | 2.0 | 2.1 | +7.0% | |
| Interest expense | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | −14.8% | |
| Interest income | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | −43.9% | |
| Other income / expense | (0.2) | (0.3) | (0.1) | (0.1) | (0.1) | (0.3) | −136.2% | |
| Pre-tax income | 2.4 | 3.4 | (0.9) | 2.5 | 1.9 | 1.8 | −0.7% | |
| Income tax | 0.2 | 0.9 | (0.1) | 0.6 | 0.5 | 0.4 | −17.8% | |
| Net income | 2.3 | 3.0 | (0.2) | 1.7 | 1.2 | 1.2 | +1.6% | |
| Discontinued operations | 0.1 | 0.5 | 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) | 2.19 | 2.32 | (0.15) | 1.57 | 1.08 | 1.06 | −1.9% | |
| EPS, diluted (per share) | 2.18 | 2.32 | (0.15) | 1.57 | 1.08 | 1.05 | −2.8% | |
| EBITDA | 3.3 | 4.3 | 0.2 | 3.7 | 3.2 | 3.1 | −3.5% | |
| Depreciation & amortization | 0.6 | 0.6 | 0.7 | 0.9 | 1.1 | 1.0 | −4.1% | |
| Weighted average shares (shares) | 1,040,900,000 | 1,055,000,000 | 1,075,600,000 | 1,091,800,000 | 1,099,200,000 | 1,145,400,000 | +4.2% | |
| Weighted average diluted shares (shares) | 1,042,500,000 | 1,057,000,000 | 1,075,600,000 | 1,091,800,000 | 1,100,300,000 | 1,147,200,000 | +4.3% | |
| Gross margin | 30.7% | 20.0% | 15.4% | 41.6% | 38.1% | 38.1% | −0.0 pts | |
| Operating margin | 13.2% | 14.2% | 8.9% | 24.9% | 19.4% | 20.6% | +1.3 pts | |
| Net margin | 33.3% | 34.8% | −1.3% | 16.4% | 11.7% | 11.9% | +0.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
