| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 240.0 | 410.5 | 728.2 | 836.9 | 802.8 | 492.0 | −38.7% | |
| Cost of revenue | 164.9 | 292.0 | 550.5 | 645.8 | 615.3 | 385.4 | −37.4% | |
| Gross profit | 75.1 | 118.5 | 177.7 | 191.1 | 187.5 | 106.6 | −43.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 75.8 | 101.1 | 130.8 | 142.0 | 179.3 | 96.0 | −46.5% | |
| Selling & marketing | 5.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 77.2 | 106.1 | 144.1 | 148.8 | 179.3 | 96.0 | −46.5% | |
| Operating income | (2.1) | 12.4 | 33.6 | 42.3 | 8.2 | 10.6 | +29.5% | |
| Interest expense | 7.9 | 9.4 | 13.4 | 15.1 | 17.0 | 16.5 | −2.7% | |
| Interest income | 0.0 | 0.1 | 0.0 | 0.6 | 0.0 | 1.1 | — | |
| Other income / expense | (9.8) | (10.8) | (18.8) | (13.0) | (17.5) | (77.0) | −339.9% | |
| Pre-tax income | (11.8) | 1.6 | 14.8 | 29.3 | (9.3) | (66.4) | −613.6% | |
| Income tax | (1.0) | 5.1 | 16.9 | 5.0 | 8.4 | (2.6) | −130.4% | |
| Net income | (10.9) | (3.5) | (2.1) | 24.3 | (17.7) | (63.8) | −260.5% | |
| 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) | (0.06) | (0.02) | (0.01) | 0.09 | (0.07) | (0.27) | −286.8% | |
| EPS, diluted (per share) | (0.06) | (0.02) | (0.01) | 0.09 | (0.07) | (0.27) | −287.4% | |
| EBITDA | 11.9 | 32.7 | 60.5 | 85.8 | 27.6 | 43.1 | +56.1% | |
| Depreciation & amortization | 15.8 | 21.8 | 34.3 | 41.4 | 19.4 | 32.5 | +67.4% | |
| Weighted average shares (shares) | 196,681,820 | 227,065,837 | 268,233,490 | 272,131,265 | 253,581,661 | 243,077,000 | −4.1% | |
| Weighted average diluted shares (shares) | 196,680,310 | 227,380,670 | 268,207,663 | 282,000,960 | 254,098,662 | 243,077,000 | −4.3% | |
| Gross margin | 31.3% | 28.9% | 24.4% | 22.8% | 23.4% | 21.7% | −1.7 pts | |
| Operating margin | −0.9% | 3.0% | 4.6% | 5.1% | 1.0% | 2.2% | +1.1 pts | |
| Net margin | −4.5% | −0.9% | −0.3% | 2.9% | −2.2% | −13.0% | −10.8 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.
