| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39.0 | 27.1 | 126.6 | (59.3) | (94.2) | 74.2 | +178.7% | |
| Cost of revenue | 4.5 | 4.4 | 5.1 | 4.7 | 0.0 | 0.0 | — | |
| Gross profit | 34.4 | 22.7 | 121.4 | (64.0) | (94.2) | 74.2 | +178.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.0 | 1.1 | 1.1 | 1.0 | 1.1 | 1.2 | +12.1% | |
| Selling & marketing | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | +5.0% | |
| Operating expenses | 1.0 | 1.1 | 1.1 | 1.0 | 6.0 | 68.9 | +1042.0% | |
| Operating income | 37.9 | 26.0 | 125.5 | (59.2) | (99.1) | 5.2 | +105.3% | |
| Interest expense | 0.5 | 0.5 | 0.8 | 1.1 | 2.1 | 3.1 | +46.3% | |
| Interest income | 0.1 | 0.0 | 0.0 | 0.0 | 0.2 | 0.3 | +51.7% | |
| Other income / expense | 0.0 | 0.0 | (1.3) | (0.6) | (3.3) | 62.5 | +2003.9% | |
| Pre-tax income | 37.9 | 26.0 | 125.5 | (60.3) | (102.4) | 67.7 | +166.2% | |
| Income tax | 1.5 | 0.5 | 4.3 | 0.3 | 1.3 | 7.9 | +486.1% | |
| Net income | 36.4 | 25.5 | 121.2 | (60.5) | (103.7) | 59.8 | +157.7% | |
| 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) | 0.24 | 0.20 | 0.97 | (0.50) | (0.89) | 0.39 | +143.8% | |
| EPS, diluted (per share) | 0.24 | 0.20 | 0.97 | (0.50) | (0.89) | 0.39 | +143.8% | |
| EBITDA | 40.3 | 27.4 | 126.8 | (0.0) | (99.1) | 6.6 | +106.7% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 59.6 | 0.0 | 1.4 | — | |
| Weighted average shares (shares) | 152,439,217 | 127,658,730 | 125,442,821 | 122,191,909 | 117,009,550 | 151,699,552 | +29.6% | |
| Weighted average diluted shares (shares) | 152,439,217 | 127,658,730 | 125,442,821 | 122,191,909 | 117,009,550 | 151,699,426 | +29.6% | |
| Gross margin | 88.4% | 83.9% | 95.9% | 107.9% | 100.0% | 100.0% | +0.0 pts | |
| Operating margin | 97.3% | 96.0% | 99.1% | 99.9% | 105.2% | 7.1% | −98.1 pts | |
| Net margin | 93.5% | 94.0% | 95.7% | 102.1% | 110.1% | 80.7% | −29.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
