| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,745.3 | 1,982.8 | 1,768.7 | 1,461.0 | 790.3 | 917.0 | +16.0% | |
| Cost of revenue | 800.1 | 941.7 | 873.5 | 704.9 | 400.6 | 494.8 | +23.5% | |
| Gross profit | 945.2 | 1,041.1 | 895.2 | 756.1 | 389.7 | 422.2 | +8.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 816.6 | 1,019.0 | 965.4 | 873.4 | 625.6 | 428.1 | −31.6% | |
| Selling & marketing | 422.0 | 516.5 | 447.9 | 431.5 | 259.1 | 0.0 | −100.0% | |
| Operating expenses | 821.1 | 1,031.7 | 977.4 | 903.0 | 631.1 | 428.1 | −32.2% | |
| Operating income | 124.1 | 9.4 | (82.2) | (146.9) | (241.4) | (5.9) | +97.6% | |
| Interest expense | 0.3 | 1.6 | 11.3 | 21.2 | 22.4 | 28.2 | +25.9% | |
| Interest income | 0.9 | 0.0 | 3.5 | 9.5 | 2.7 | 4.6 | +70.4% | |
| Other income / expense | 0.6 | (1.6) | (8.5) | (13.0) | (22.5) | (102.7) | −356.4% | |
| Pre-tax income | 124.7 | 7.8 | (90.7) | (159.9) | (263.9) | (108.6) | +58.8% | |
| Income tax | 31.3 | 11.8 | (15.1) | (19.0) | 5.1 | (0.3) | −105.9% | |
| Net income | 90.7 | (4.0) | (75.6) | (137.8) | (326.4) | (108.3) | +66.8% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | (63.1) | 0.0 | +100.0% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.07 | (0.00) | (0.06) | (0.11) | (0.25) | (0.08) | +68.7% | |
| EPS, diluted (per share) | 0.07 | (0.00) | (0.06) | (0.11) | (0.25) | (0.08) | +68.7% | |
| EBITDA | 154.8 | 63.2 | (10.8) | (53.7) | (184.9) | 49.1 | +126.6% | |
| Depreciation & amortization | 29.8 | 53.8 | 68.6 | 85.0 | 56.6 | 55.0 | −2.8% | |
| Weighted average shares (shares) | 1,220,700,000 | 1,235,300,000 | 1,233,000,000 | 1,199,500,000 | 1,318,941,487 | 1,399,800,000 | +6.1% | |
| Weighted average diluted shares (shares) | 1,252,100,000 | 1,283,500,000 | 1,302,400,000 | 1,287,500,000 | 1,318,941,487 | 1,399,800,000 | +6.1% | |
| Gross margin | 54.2% | 52.5% | 50.6% | 51.8% | 49.3% | 46.0% | −3.3 pts | |
| Operating margin | 7.1% | 0.5% | −4.6% | −10.1% | −30.5% | −0.6% | +29.9 pts | |
| Net margin | 5.2% | −0.2% | −4.3% | −9.4% | −41.3% | −11.8% | +29.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
