| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 308.0 | 350.9 | 371.5 | 368.7 | 380.0 | 358.3 | −5.7% | |
| Cost of revenue | 259.9 | 264.0 | 284.2 | 275.7 | 287.8 | 272.4 | −5.4% | |
| Gross profit | 48.1 | 87.0 | 87.3 | 93.0 | 92.1 | 85.9 | −6.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 42.4 | 44.0 | 44.8 | 52.4 | 65.4 | 62.1 | −5.1% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 3.9 | 0.0 | 0.0 | — | |
| Operating expenses | 42.4 | 44.0 | 44.8 | 80.5 | 60.1 | 62.1 | +3.3% | |
| Operating income | 5.7 | 43.0 | 39.3 | 12.5 | 32.0 | 23.8 | −25.6% | |
| Interest expense | 7.8 | 7.4 | 8.6 | 9.7 | 10.4 | 10.2 | −1.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Other income / expense | (8.0) | (7.4) | (8.6) | (9.6) | (10.3) | (30.9) | −199.3% | |
| Pre-tax income | (2.3) | 35.6 | 30.7 | 2.8 | 21.7 | (7.0) | −132.4% | |
| Income tax | 2.3 | 10.1 | 7.7 | 8.1 | 7.3 | (1.6) | −122.2% | |
| Net income | (4.6) | 25.5 | 23.0 | (5.3) | 14.4 | (5.4) | −137.6% | |
| 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) | (0.12) | 0.64 | 0.58 | (0.13) | 0.37 | (0.14) | −137.8% | |
| EPS, diluted (per share) | (0.11) | 0.64 | 0.58 | (0.13) | 0.36 | (0.14) | −138.9% | |
| EBITDA | 74.5 | 108.4 | 107.0 | 105.2 | 101.0 | 90.4 | −10.5% | |
| Depreciation & amortization | 69.0 | 65.4 | 67.6 | 92.7 | 68.9 | 66.6 | −3.4% | |
| Weighted average shares (shares) | 39,595,000 | 39,597,000 | 39,635,000 | 39,455,924 | 39,482,000 | 39,510,000 | +0.1% | |
| Weighted average diluted shares (shares) | 40,218,000 | 40,009,000 | 39,835,000 | 39,470,000 | 39,594,000 | 39,510,000 | −0.2% | |
| Gross margin | 15.6% | 24.8% | 23.5% | 25.2% | 24.2% | 24.0% | −0.3 pts | |
| Operating margin | 1.8% | 12.3% | 10.6% | 3.4% | 8.4% | 6.7% | −1.8 pts | |
| Net margin | −1.5% | 7.3% | 6.2% | −1.4% | 3.8% | −1.5% | −5.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
