| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 180.7 | 264.6 | 280.1 | 282.6 | 277.0 | 260.0 | −6.1% | |
| Cost of revenue | 160.7 | 209.6 | 236.2 | 230.8 | 223.3 | 208.5 | −6.6% | |
| Gross profit | 19.9 | 55.0 | 43.9 | 51.8 | 53.8 | 51.5 | −4.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 25.5 | 33.2 | 34.5 | 40.4 | 40.0 | 39.4 | −1.4% | |
| Selling & marketing | 6.4 | 9.1 | 10.3 | 12.7 | 11.6 | 0.0 | −100.0% | |
| Operating expenses | 25.5 | 33.2 | 34.5 | 40.4 | 40.7 | 39.4 | −3.0% | |
| Operating income | 2.7 | 19.4 | 9.4 | 11.4 | 13.1 | 12.1 | −7.9% | |
| Interest expense | 5.5 | 5.2 | 4.6 | 4.5 | 4.8 | 5.5 | +14.6% | |
| Interest income | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.1 | +131.4% | |
| Other income / expense | (5.5) | (5.2) | (4.4) | (4.5) | (4.8) | (5.3) | −11.5% | |
| Pre-tax income | (2.8) | 14.2 | 5.0 | 6.9 | 8.3 | 6.8 | −19.0% | |
| Income tax | (0.5) | 0.3 | (0.3) | 0.5 | 0.2 | 1.8 | +989.1% | |
| Net income | (2.3) | 14.0 | 5.3 | 6.4 | 8.2 | 1.4 | −82.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (3.5) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.04) | 0.22 | 0.08 | 0.10 | 0.13 | 0.02 | −81.8% | |
| EPS, diluted (per share) | (0.04) | 0.22 | 0.08 | 0.10 | 0.13 | 0.02 | −81.8% | |
| EBITDA | 32.1 | 39.1 | 38.2 | 34.0 | 36.6 | 37.0 | +1.1% | |
| Depreciation & amortization | 29.4 | 19.7 | 20.2 | 22.5 | 23.5 | 24.9 | +6.3% | |
| Weighted average shares (shares) | 62,500,000 | 62,500,000 | 62,500,000 | 62,500,000 | 62,500,000 | 59,519,600 | −4.8% | |
| Weighted average diluted shares (shares) | 62,500,000 | 63,440,673 | 63,121,130 | 62,500,000 | 62,500,000 | 59,519,600 | −4.8% | |
| Gross margin | 11.0% | 20.8% | 15.7% | 18.3% | 19.4% | 19.8% | +0.4 pts | |
| Operating margin | 1.5% | 7.3% | 3.4% | 4.0% | 4.7% | 4.6% | −0.1 pts | |
| Net margin | −1.3% | 5.3% | 1.9% | 2.3% | 3.0% | 0.5% | −2.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
