| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 83.8 | 110.0 | 121.8 | 136.7 | 153.7 | 168.5 | +9.6% | |
| Cost of revenue | 51.5 | 67.8 | 74.1 | 83.6 | 89.6 | 99.4 | +10.9% | |
| Gross profit | 32.4 | 42.2 | 47.7 | 53.1 | 64.1 | 69.1 | +7.8% | |
| Operating expenses | 23.2 | 29.2 | 32.3 | 34.4 | 42.0 | 45.9 | +9.3% | |
| Operating income | 9.2 | 13.0 | 15.4 | 18.7 | 22.1 | 23.2 | +5.0% | |
| Interest expense | 0.8 | 0.8 | 1.1 | 1.9 | 2.3 | 2.1 | −8.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | 1.9 | 4.0 | 6.0 | 5.8 | 11.5 | 14.1 | +22.6% | |
| Income tax | 1.8 | 4.5 | 3.1 | 4.3 | 5.2 | 5.6 | +7.7% | |
| Net income | 0.2 | (0.5) | 2.9 | 1.5 | 6.3 | 8.5 | +34.9% | |
| EPS, basic (per share) | 0.00 | (0.00) | 0.02 | 0.01 | 0.04 | 0.05 | +33.8% | |
| EPS, diluted (per share) | 0.00 | (0.00) | 0.02 | 0.01 | 0.04 | 0.05 | +33.7% | |
| EBITDA | 15.8 | 22.3 | 25.0 | 28.3 | 30.1 | 31.8 | +5.6% | |
| Depreciation & amortization | 6.6 | 9.4 | 9.7 | 9.6 | 8.0 | 8.6 | +7.5% | |
| Weighted average shares (shares) | 132,963,000 | 154,556,000 | 155,634,000 | 158,540,000 | 158,900,000 | 160,500,000 | +1.0% | |
| Weighted average diluted shares (shares) | 137,384,000 | 154,556,000 | 162,290,000 | 163,874,000 | 165,900,000 | 167,200,000 | +0.8% | |
| Gross margin | 38.6% | 38.3% | 39.2% | 38.8% | 41.7% | 41.0% | −0.7 pts | |
| Operating margin | 10.9% | 11.8% | 12.6% | 13.7% | 14.4% | 13.8% | −0.6 pts | |
| Net margin | 0.2% | −0.5% | 2.4% | 1.1% | 4.1% | 5.0% | +0.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
