| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 914.4 | 858.2 | 728.8 | 715.7 | 677.5 | 600.9 | −11.3% | |
| Cost of revenue | 416.7 | 418.3 | 405.3 | 362.8 | 364.7 | 314.4 | −13.8% | |
| Gross profit | 497.7 | 439.9 | 323.5 | 352.9 | 312.8 | 286.5 | −8.4% | |
| Research & development | 0.0 | 0.0 | 0.4 | 1.1 | 0.8 | 0.0 | −100.0% | |
| Selling, general & administrative | 285.7 | 255.1 | 172.2 | 190.0 | 192.3 | 237.9 | +23.7% | |
| Selling & marketing | 157.8 | 136.0 | 60.3 | 73.1 | 70.0 | 117.4 | +67.7% | |
| Operating expenses | 399.8 | 363.3 | 276.8 | 296.0 | 291.2 | 267.1 | −8.3% | |
| Operating income | 90.8 | 76.6 | 35.1 | 56.9 | 21.6 | 19.4 | −10.2% | |
| Interest expense | 14.8 | 17.8 | 17.1 | 14.3 | 15.6 | 16.2 | +3.8% | |
| Interest income | 0.5 | 0.7 | 0.5 | 0.5 | 1.5 | 2.6 | +73.3% | |
| Other income / expense | (9.8) | (12.4) | (26.6) | (9.0) | (5.2) | (14.1) | −171.2% | |
| Pre-tax income | (57.5) | 35.7 | 9.9 | 19.2 | (71.1) | 5.3 | +107.5% | |
| Income tax | 0.8 | 8.3 | 1.6 | 3.0 | (19.7) | 4.5 | +122.8% | |
| Net income | (58.3) | 27.4 | 7.9 | 16.2 | (51.4) | 0.8 | +101.6% | |
| 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) | (0.20) | 0.10 | 0.03 | 0.04 | (0.11) | 0.00 | +101.5% | |
| EPS, diluted (per share) | (0.20) | 0.09 | 0.03 | 0.04 | (0.11) | 0.00 | +101.5% | |
| EBITDA | (12.6) | 83.7 | 65.2 | 71.6 | (19.8) | 42.2 | +313.1% | |
| Depreciation & amortization | 30.1 | 30.2 | 38.9 | 38.1 | 35.7 | 20.7 | −42.0% | |
| Weighted average shares (shares) | 288,083,036 | 288,372,898 | 315,633,000 | 458,825,000 | 459,468,000 | 461,158,000 | +0.4% | |
| Weighted average diluted shares (shares) | 288,497,363 | 288,673,766 | 315,827,000 | 462,060,000 | 459,468,000 | 470,361,000 | +2.4% | |
| Gross margin | 54.4% | 51.3% | 44.4% | 49.3% | 46.2% | 47.7% | +1.5 pts | |
| Operating margin | 9.9% | 8.9% | 4.8% | 8.0% | 3.2% | 3.2% | +0.0 pts | |
| Net margin | −6.4% | 3.2% | 1.1% | 2.3% | −7.6% | 0.1% | +7.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
