| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0 | 1.1 | 1.4 | 1.3 | 1.3 | 1.0 | −16.4% | |
| Cost of revenue | 1.0 | 1.1 | 1.3 | 1.2 | 1.1 | 0.9 | −18.7% | |
| Gross profit | (0.1) | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | +9.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | +19.8% | |
| Selling & marketing | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | +100.0% | |
| Operating expenses | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −4.4% | |
| Operating income | (0.1) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | +54.7% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +7.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −46.2% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | 0.0 | −98.1% | |
| Pre-tax income | (0.1) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | +32.1% | |
| Income tax | (0.0) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | +84.7% | |
| Net income | (0.1) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | +21.9% | |
| 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) | (0.37) | (0.02) | 0.09 | 0.08 | 0.11 | 0.14 | +27.3% | |
| EPS, diluted (per share) | (0.37) | (0.02) | 0.09 | 0.08 | 0.11 | 0.14 | +27.3% | |
| EBITDA | (0.1) | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | +16.0% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +5.7% | |
| Weighted average shares (shares) | 212,800,000 | 274,900,000 | 275,000,000 | 273,600,000 | 275,675,675 | 268,500,000 | −2.6% | |
| Weighted average diluted shares (shares) | 212,800,000 | 274,900,000 | 276,700,000 | 282,100,000 | 274,600,000 | 272,700,000 | −0.7% | |
| Gross margin | −6.0% | 3.4% | 5.8% | 7.8% | 8.3% | 10.8% | +2.5 pts | |
| Operating margin | −8.3% | −0.8% | 2.5% | 2.6% | 2.5% | 4.6% | +2.1 pts | |
| Net margin | −8.0% | −0.5% | 1.8% | 1.7% | 2.4% | 3.6% | +1.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.