| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.9 | 13.9 | 17.0 | 19.8 | 20.1 | 19.5 | −3.1% | |
| Cost of revenue | 10.8 | 10.8 | 13.2 | 18.4 | 18.2 | 14.8 | −19.1% | |
| Gross profit | 3.1 | 3.1 | 3.8 | 1.3 | 1.8 | 4.7 | +155.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −15.5% | |
| Selling, general & administrative | 2.2 | 2.3 | 2.5 | 0.1 | 0.1 | 3.0 | +4032.9% | |
| Selling & marketing | 1.3 | 1.3 | 1.5 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 2.3 | 2.3 | 2.6 | (0.0) | (0.1) | 3.1 | +3293.8% | |
| Operating income | 0.8 | 0.8 | 1.2 | 1.4 | 1.9 | 1.6 | −15.7% | |
| Interest expense | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.1 | −50.4% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.0 | −83.0% | |
| Other income / expense | (0.1) | (0.1) | (0.1) | (0.0) | (0.0) | (0.2) | −1340.0% | |
| Pre-tax income | 0.7 | 0.7 | 1.1 | 1.3 | 1.9 | 1.4 | −26.3% | |
| Income tax | 0.2 | 0.2 | 0.4 | 0.3 | 0.4 | 0.4 | −15.8% | |
| Net income | 0.5 | 0.5 | 0.7 | 1.0 | 1.5 | 1.0 | −29.6% | |
| 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) | 0.58 | 0.61 | 0.89 | 1.34 | 1.94 | 1.42 | −26.8% | |
| EPS, diluted (per share) | 0.58 | 0.61 | 0.89 | 1.34 | 1.94 | 1.42 | −26.8% | |
| EBITDA | 1.5 | 1.5 | 1.9 | 2.0 | 2.6 | 2.4 | −5.2% | |
| Depreciation & amortization | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 1.0 | +50.8% | |
| Weighted average shares (shares) | 790,000,000 | 790,000,000 | 789,000,000 | 778,000,000 | 751,000,000 | 724,000,000 | −3.6% | |
| Weighted average diluted shares (shares) | 790,000,000 | 790,000,000 | 789,000,000 | 778,000,000 | 751,000,000 | 724,000,000 | −3.6% | |
| Gross margin | 22.5% | 22.6% | 22.2% | 6.8% | 9.1% | 24.1% | +15.0 pts | |
| Operating margin | 5.8% | 5.8% | 6.9% | 7.0% | 9.6% | 8.4% | −1.2 pts | |
| Net margin | 3.3% | 3.4% | 4.1% | 5.3% | 7.2% | 5.3% | −2.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
