| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.6 | 1.7 | 2.6 | 3.0 | 2.9 | 2.9 | −0.1% | |
| Cost of revenue | 1.0 | 1.2 | 1.4 | 1.8 | 1.0 | 1.4 | +38.2% | |
| Gross profit | (0.4) | 0.6 | 1.3 | 1.2 | 1.9 | 1.5 | −21.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.3 | 0.5 | 0.7 | 0.0 | 0.0 | 0.1 | +3435.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | — | |
| Operating expenses | 0.3 | 0.5 | 0.7 | 0.6 | 1.4 | 0.9 | −37.3% | |
| Operating income | (0.6) | 0.0 | 0.5 | 0.6 | 0.5 | 0.6 | +21.2% | |
| Interest expense | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | +7.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | −36.2% | |
| Other income / expense | (0.2) | (0.2) | (0.2) | (0.1) | (0.1) | (0.3) | −121.9% | |
| Pre-tax income | (1.0) | 0.1 | 0.4 | 0.5 | 0.4 | 0.3 | −18.9% | |
| Income tax | (0.1) | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | −25.1% | |
| Net income | (0.9) | 0.0 | 0.3 | 0.3 | 0.3 | 0.2 | −16.1% | |
| 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) | (4.82) | 0.21 | 1.38 | 1.61 | 1.42 | 1.23 | −13.4% | |
| EPS, diluted (per share) | (4.82) | 0.21 | 1.37 | 1.60 | 1.41 | 1.22 | −13.5% | |
| EBITDA | (0.5) | 0.6 | 0.9 | 1.0 | 1.0 | 1.0 | +9.6% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | +6.1% | |
| Weighted average shares (shares) | 188,100,000 | 201,900,000 | 201,500,000 | 193,900,000 | 179,300,000 | 172,600,000 | −3.7% | |
| Weighted average diluted shares (shares) | 188,100,000 | 202,900,000 | 202,800,000 | 195,200,000 | 180,500,000 | 173,900,000 | −3.7% | |
| Gross margin | −62.0% | 32.3% | 48.2% | 39.4% | 64.3% | 50.6% | −13.7 pts | |
| Operating margin | −105.7% | 2.0% | 20.3% | 19.1% | 17.6% | 21.3% | +3.7 pts | |
| Net margin | −153.9% | 2.5% | 10.6% | 10.5% | 8.7% | 7.3% | −1.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.