| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 112.6 | 197.0 | 186.8 | 184.0 | 230.3 | 312.4 | +35.7% | |
| Cost of revenue | 10.9 | 42.4 | 40.3 | 37.8 | 43.5 | 55.4 | +27.5% | |
| Gross profit | 112.6 | 154.6 | 146.4 | 146.2 | 186.8 | 257.0 | +37.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 22.3 | 25.8 | 28.0 | 29.0 | 31.9 | 43.2 | +35.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 82.8 | 128.9 | 100.2 | 114.0 | 123.3 | 153.1 | +24.1% | |
| Operating income | 29.8 | 25.7 | 46.3 | 32.2 | 75.8 | 103.9 | +37.2% | |
| Interest expense | 40.4 | 42.4 | 40.3 | 37.8 | 43.5 | 55.4 | +27.5% | |
| Interest income | 142.1 | 189.8 | 178.0 | 176.6 | 213.9 | 299.9 | +40.2% | |
| Other income / expense | (27.3) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 2.6 | 25.7 | 46.3 | 32.2 | 63.5 | 103.9 | +63.6% | |
| Income tax | 4.0 | 19.3 | 28.4 | 23.4 | 35.0 | 47.4 | +35.4% | |
| Net income | (0.7) | 8.8 | 17.9 | 9.2 | 29.2 | 57.1 | +95.2% | |
| 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) | (0.01) | 0.09 | 0.18 | 0.09 | 0.29 | 0.57 | +96.6% | |
| EPS, diluted (per share) | (0.01) | 0.09 | 0.18 | 0.09 | 0.29 | 0.57 | +96.6% | |
| EBITDA | 0.0 | 32.1 | 52.0 | 37.7 | 70.0 | 112.2 | +60.3% | |
| Depreciation & amortization | 6.2 | 6.4 | 5.8 | 5.5 | 6.5 | 8.3 | +28.2% | |
| Weighted average shares (shares) | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,385,185 | +0.4% | |
| Weighted average diluted shares (shares) | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | +0.0% | |
| Gross margin | 100.0% | 78.5% | 78.4% | 79.5% | 81.1% | 82.3% | +1.1 pts | |
| Operating margin | 26.5% | 13.0% | 24.8% | 17.5% | 32.9% | 33.3% | +0.4 pts | |
| Net margin | −0.6% | 4.5% | 9.6% | 5.0% | 12.7% | 18.3% | +5.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
