| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.2 | 199.1 | 354.3 | 455.1 | 479.0 | 358.8 | −25.1% | |
| Cost of revenue | 46.7 | 102.3 | 169.7 | 160.6 | 306.5 | 276.7 | −9.7% | |
| Gross profit | 20.5 | 96.8 | 184.7 | 294.4 | 172.5 | 82.1 | −52.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 10.7 | 14.8 | 10.1 | 23.8 | 29.7 | 33.2 | +11.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 16.0 | 16.8 | 10.3 | 135.8 | 36.0 | 35.5 | −1.2% | |
| Operating income | 29.7 | 79.1 | 171.3 | 158.7 | 136.5 | 46.6 | −65.9% | |
| Interest expense | 0.0 | 0.0 | 2.0 | 6.5 | 3.7 | 8.2 | +120.6% | |
| Interest income | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 6.9 | (19.3) | (47.9) | (8.5) | 3.3 | (73.1) | −2314.4% | |
| Pre-tax income | (20.4) | 59.8 | 123.4 | 150.1 | 139.8 | (26.5) | −119.0% | |
| Income tax | 27.7 | (22.2) | 71.4 | 89.8 | 81.3 | 14.8 | −81.8% | |
| Net income | (48.1) | 81.8 | 51.9 | 60.4 | 58.5 | (41.3) | −170.7% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | — | |
| Other net income adjustments | (0.1) | (0.1) | (0.1) | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.83) | 1.37 | 0.74 | 0.56 | 0.56 | (0.40) | −171.4% | |
| EPS, diluted (per share) | (0.83) | 1.37 | 0.73 | 0.56 | 0.56 | (0.40) | −171.4% | |
| EBITDA | 19.5 | 101.0 | 231.4 | 271.9 | 286.6 | 156.4 | −45.4% | |
| Depreciation & amortization | 9.6 | 21.1 | 48.1 | 115.3 | 143.0 | 109.8 | −23.2% | |
| Weighted average shares (shares) | 57,594,000 | 58,230,000 | 69,568,000 | 107,774,999 | 103,669,000 | 104,055,000 | +0.4% | |
| Weighted average diluted shares (shares) | 57,594,000 | 58,755,000 | 69,982,000 | 106,555,000 | 103,676,000 | 104,055,000 | +0.4% | |
| Gross margin | 30.5% | 48.6% | 52.1% | 64.7% | 36.0% | 22.9% | −13.1 pts | |
| Operating margin | 44.3% | 39.7% | 48.3% | 34.9% | 28.5% | 13.0% | −15.5 pts | |
| Net margin | −71.6% | 41.1% | 14.6% | 13.3% | 12.2% | −11.5% | −23.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
