| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.3 | 10.1 | 9.5 | 8.5 | 8.7 | 9.3 | +6.3% | |
| Cost of revenue | 8.6 | 8.4 | 7.9 | 6.9 | 7.1 | 9.0 | +26.9% | |
| Gross profit | 1.8 | 1.8 | 1.7 | 1.5 | 1.6 | 0.3 | −83.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.4 | 1.5 | 1.4 | 1.4 | 1.4 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.6 | 1.6 | 1.4 | 1.4 | 1.4 | 0.0 | −99.9% | |
| Operating income | 0.1 | 0.2 | (0.3) | 0.1 | 0.2 | 0.2 | +11.1% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −8.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −54.5% | |
| Other income / expense | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | +9.5% | |
| Pre-tax income | 0.0 | 0.1 | (0.5) | 0.0 | 0.1 | 0.2 | +23.4% | |
| Income tax | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | (0.0) | −175.0% | |
| Net income | 0.0 | 0.1 | (0.5) | 0.2 | 0.1 | 0.2 | +52.8% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.01 | 0.06 | (0.44) | 0.02 | 0.10 | 0.15 | +51.2% | |
| EPS, diluted (per share) | 0.01 | 0.06 | (0.44) | 0.15 | 0.10 | 0.14 | +47.1% | |
| EBITDA | 0.5 | 0.6 | (0.1) | 0.4 | 0.5 | 0.5 | +4.0% | |
| Depreciation & amortization | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | +1.7% | |
| Weighted average shares (shares) | 1,152,000,000 | 1,130,000,000 | 1,104,000,000 | 1,106,000,000 | 1,089,028,042 | 1,065,000,000 | −2.2% | |
| Weighted average diluted shares (shares) | 1,194,000,000 | 1,175,000,000 | 1,104,000,000 | 1,128,000,000 | 1,135,000,000 | 1,139,000,000 | +0.4% | |
| Gross margin | 16.9% | 17.6% | 17.5% | 18.1% | 18.6% | 2.9% | −15.8 pts | |
| Operating margin | 1.4% | 2.2% | −3.6% | 1.4% | 2.3% | 2.4% | +0.1 pts | |
| Net margin | 0.1% | 0.7% | −5.1% | 1.9% | 1.2% | 1.8% | +0.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
