| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.7 | 1.5 | 1.4 | 1.5 | 1.5 | 1.8 | +17.2% | |
| Cost of revenue | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | −63.1% | |
| Gross profit | 3.6 | 1.5 | 1.4 | 1.4 | 1.5 | 1.7 | +14.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Selling, general & administrative | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 | 0.5 | −52.7% | |
| Selling & marketing | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.0 | −100.0% | |
| Operating expenses | 2.9 | 1.3 | 2.0 | 1.4 | 1.1 | 1.3 | +19.9% | |
| Operating income | 0.7 | 1.1 | (0.6) | (0.0) | 0.3 | 0.4 | +69.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −14.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −26.1% | |
| Other income / expense | 0.1 | 0.0 | (0.9) | (0.3) | (0.0) | 0.0 | +100.0% | |
| Pre-tax income | 0.8 | 1.1 | (0.6) | (0.0) | 0.3 | 0.4 | +76.1% | |
| Income tax | (0.0) | 0.1 | (0.1) | (0.0) | 0.0 | 0.0 | +1366.7% | |
| Net income | 0.8 | 1.0 | (0.5) | 0.0 | 0.2 | 0.4 | +68.4% | |
| Discontinued operations | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.2 | 0.0 | (0.0) | (0.0) | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.38 | 0.47 | (0.27) | 0.00 | 0.13 | 0.22 | +69.2% | |
| EPS, diluted (per share) | 0.38 | 0.46 | (0.27) | 0.00 | 0.13 | 0.21 | +61.5% | |
| EBITDA | 0.9 | 1.3 | (0.4) | 0.2 | 0.4 | 0.6 | +48.1% | |
| Depreciation & amortization | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | −13.8% | |
| Weighted average shares (shares) | 2,202,000,000 | 2,123,000,000 | 2,094,000,000 | 1,902,000,000 | 1,823,077,000 | 1,794,000,000 | −1.6% | |
| Weighted average diluted shares (shares) | 2,239,000,000 | 2,159,000,000 | 2,094,000,000 | 1,930,000,000 | 1,818,000,000 | 1,823,000,000 | +0.3% | |
| Gross margin | 97.2% | 98.0% | 98.0% | 98.0% | 101.1% | 98.6% | −2.5 pts | |
| Operating margin | 19.9% | 75.3% | −42.1% | −0.4% | 17.3% | 25.0% | +7.7 pts | |
| Net margin | 22.5% | 67.2% | −38.6% | 0.1% | 15.7% | 22.6% | +6.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
