| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.4 | 57.2 | (49.3) | (6.2) | 18.8 | 3.3 | −82.5% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 | 0.0 | −100.0% | |
| Gross profit | 8.4 | 57.2 | (49.3) | (6.2) | 13.8 | 3.3 | −76.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | +1.9% | |
| Selling & marketing | 0.0 | 0.7 | 0.7 | 0.7 | 0.7 | 0.0 | −100.0% | |
| Operating expenses | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | +1.8% | |
| Operating income | 7.7 | 56.5 | (50.0) | (6.9) | 13.1 | 2.6 | −80.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 3.2 | 2.7 | 3.4 | 1.3 | 1.3 | 2.0 | +59.8% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 7.7 | 56.5 | (50.0) | (6.9) | 13.1 | 2.6 | −80.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 7.7 | 56.5 | (50.0) | (6.9) | 13.1 | 2.6 | −80.4% | |
| 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) | 0.03 | 0.21 | (0.16) | (0.02) | 0.03 | 0.01 | −81.0% | |
| EPS, diluted (per share) | 0.03 | 0.21 | (0.16) | (0.02) | 0.03 | 0.01 | −81.0% | |
| EBITDA | 7.7 | 56.5 | (50.0) | (6.9) | 13.1 | 2.6 | −80.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 50.0 | 6.9 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 242,461,000 | 275,055,000 | 312,134,000 | 346,627,000 | 381,581,000 | 395,163,000 | +3.6% | |
| Weighted average diluted shares (shares) | 242,461,000 | 275,055,000 | 312,133,000 | 346,627,000 | 381,575,000 | 395,163,000 | +3.6% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 73.4% | 100.0% | +26.6 pts | |
| Operating margin | 92.0% | 98.8% | 101.4% | 111.3% | 69.6% | 77.8% | +8.2 pts | |
| Net margin | 92.0% | 98.8% | 101.4% | 111.3% | 69.6% | 77.8% | +8.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
