| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279.2 | 375.1 | 415.3 | 678.0 | 695.5 | 771.8 | +11.0% | |
| Cost of revenue | (2,596.6) | (2,315.9) | (2,557.8) | (3,135.0) | (3,170.2) | 0.0 | +100.0% | |
| Gross profit | 2,875.8 | 2,591.4 | 2,865.6 | 3,687.7 | 3,720.5 | 771.8 | −79.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 0.0 | 0.0 | 0.0 | 394.5 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 136.1 | 190.2 | 153.4 | 184.3 | 197.2 | 694.2 | +252.0% | |
| Operating income | 329.1 | (9.0) | 63.9 | 29.0 | 46.1 | 75.4 | +63.4% | |
| Interest expense | 22.1 | 0.9 | 2.5 | 2.6 | 3.4 | 3.9 | +14.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (7.0) | (6.3) | 20.6 | (29.6) | (11.7) | 2.2 | +118.8% | |
| Pre-tax income | 54.4 | (15.3) | 84.5 | (0.6) | 34.4 | 77.6 | +125.2% | |
| Income tax | 9.2 | (0.4) | 19.3 | (1.1) | 8.0 | 18.0 | +126.2% | |
| Net income | 38.3 | (23.7) | 56.4 | (8.3) | 17.7 | 47.1 | +166.2% | |
| 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) | 0.94 | (0.46) | 1.15 | (0.19) | 0.49 | 1.32 | +169.4% | |
| EPS, diluted (per share) | 0.94 | (0.46) | 1.15 | (0.19) | 0.49 | 1.32 | +169.4% | |
| EBITDA | 61.1 | (8.5) | 91.3 | 30.4 | 51.7 | 81.7 | +58.1% | |
| Depreciation & amortization | 6.2 | 6.5 | 6.6 | 9.6 | 14.2 | 18.1 | +27.5% | |
| Weighted average shares (shares) | 40,625,000 | 38,078,752 | 36,458,333 | 36,160,990 | 36,021,505 | 35,800,010 | −0.6% | |
| Weighted average diluted shares (shares) | 40,600,000 | 38,100,000 | 36,400,000 | 36,100,000 | 36,100,000 | 35,800,000 | −0.8% | |
| Gross margin | 1,030.0% | 690.9% | 690.0% | 543.9% | 535.0% | 100.0% | −435.0 pts | |
| Operating margin | 117.8% | −2.4% | 15.4% | 4.3% | 6.6% | 9.8% | +3.1 pts | |
| Net margin | 13.7% | −6.3% | 13.6% | −1.2% | 2.5% | 6.1% | +3.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
