| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 135.0 | 226.8 | 290.3 | 318.4 | 348.0 | 353.0 | +1.4% | |
| Cost of revenue | 80.1 | 120.5 | 155.9 | 171.5 | 203.2 | 245.5 | +20.8% | |
| Gross profit | 54.9 | 106.3 | 134.4 | 146.9 | 144.8 | 107.5 | −25.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 21.1 | 33.0 | 16.3 | 46.9 | 21.6 | 23.2 | +7.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 1.8 | 0.0 | 0.0 | — | |
| Operating expenses | 33.3 | 54.4 | 74.7 | 86.6 | 105.5 | 60.0 | −43.2% | |
| Operating income | 21.6 | 51.9 | 59.7 | 60.3 | 39.3 | 47.5 | +21.1% | |
| Interest expense | 1.4 | 3.4 | 6.9 | 12.9 | 15.4 | 15.8 | +2.5% | |
| Interest income | 0.3 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 12.5 | 30.1 | (27.1) | (9.9) | (5.0) | 48.0 | +1060.6% | |
| Pre-tax income | 34.1 | 82.0 | 32.6 | 50.3 | 34.3 | 95.5 | +178.7% | |
| Income tax | 9.3 | 11.7 | 9.8 | 11.8 | 15.9 | 23.0 | +44.4% | |
| Net income | 24.6 | 70.2 | 21.0 | 36.7 | 17.3 | 70.8 | +308.9% | |
| 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) | 0.18 | 0.37 | 0.11 | 0.19 | 0.09 | 0.35 | +294.6% | |
| EPS, diluted (per share) | 0.18 | 0.36 | 0.11 | 0.19 | 0.09 | 0.35 | +295.5% | |
| EBITDA | 32.2 | 71.2 | 86.6 | 101.4 | 94.2 | 92.5 | −1.8% | |
| Depreciation & amortization | 10.6 | 19.3 | 27.0 | 39.3 | 44.6 | 45.0 | +0.8% | |
| Weighted average shares (shares) | 138,367,746 | 189,765,149 | 189,653,369 | 195,201,912 | 195,112,329 | 198,925,655 | +2.0% | |
| Weighted average diluted shares (shares) | 139,995,238 | 192,786,803 | 195,917,168 | 195,253,087 | 195,577,483 | 204,118,139 | +4.4% | |
| Gross margin | 40.7% | 46.9% | 46.3% | 46.1% | 41.6% | 30.5% | −11.1 pts | |
| Operating margin | 16.0% | 22.9% | 20.6% | 18.9% | 11.3% | 13.5% | +2.2 pts | |
| Net margin | 18.2% | 30.9% | 7.2% | 11.5% | 5.0% | 20.1% | +15.1 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.
