| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|
| Revenue | 58.7 | 91.8 | 102.9 | 112.9 | 36.9 | −67.3% | |
| Cost of revenue | 9.3 | 13.8 | 18.4 | 3.8 | 7.9 | +106.5% | |
| Gross profit | 49.4 | 78.0 | 84.5 | 109.0 | 29.0 | −73.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 7.3 | 10.6 | 4.2 | 3.8 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 7.3 | 10.6 | 4.2 | 3.8 | (138.6) | −3739.9% | |
| Operating income | 51.4 | 81.2 | 80.3 | 105.2 | 167.6 | +59.2% | |
| Interest expense | 0.1 | 0.4 | 12.1 | 3.8 | 0.0 | −100.0% | |
| Interest income | 3.1 | 12.5 | 4.0 | 1.4 | 36.0 | +2414.7% | |
| Other income / expense | 12.0 | 26.6 | (12.5) | (0.5) | (8.3) | −1589.8% | |
| Pre-tax income | 51.4 | 81.2 | 80.3 | 105.2 | 159.3 | +51.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 51.4 | 81.2 | 80.3 | 105.2 | 159.3 | +51.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.12 | 0.11 | 0.10 | 0.14 | 0.21 | +50.0% | |
| EPS, diluted (per share) | 0.12 | 0.11 | 0.10 | 0.14 | 0.21 | +50.0% | |
| EBITDA | 39.3 | 54.2 | 92.8 | 105.2 | 159.3 | +51.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 411,129,146 | 773,442,556 | 770,510,117 | 765,862,189 | 765,715,698 | −0.0% | |
| Weighted average diluted shares (shares) | 411,644,654 | 773,442,556 | 770,510,117 | 765,862,189 | 765,715,698 | −0.0% | |
| Gross margin | 84.2% | 84.9% | 82.1% | 96.6% | 78.7% | −17.9 pts | |
| Operating margin | 87.5% | 88.4% | 78.1% | 93.3% | 454.7% | +361.4 pts | |
| Net margin | 87.5% | 88.4% | 78.1% | 93.3% | 432.2% | +339.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
