| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70.9 | 59.4 | 56.0 | 73.0 | 80.5 | 84.2 | +4.6% | |
| Cost of revenue | 23.6 | 23.0 | 23.5 | 24.6 | 25.2 | 26.1 | +3.6% | |
| Gross profit | 47.3 | 36.5 | 32.4 | 48.4 | 55.3 | 58.1 | +5.1% | |
| Research & development | 0.9 | 0.7 | 0.7 | 0.6 | 0.7 | 0.6 | −14.3% | |
| Selling, general & administrative | 9.1 | 9.8 | 10.0 | 12.6 | 4.3 | 14.3 | +232.6% | |
| Selling & marketing | 4.9 | 4.6 | 5.1 | 6.8 | 8.2 | 8.6 | +4.9% | |
| Operating expenses | 8.7 | 47.4 | 10.0 | 12.6 | (16.1) | 3.7 | +123.0% | |
| Operating income | 38.6 | 27.0 | 22.5 | 81.2 | 71.4 | 54.4 | −23.8% | |
| Interest expense | 13.1 | 13.3 | 12.4 | 15.0 | 16.2 | 17.8 | +9.9% | |
| Interest income | 0.2 | 0.0 | 0.0 | 0.0 | 0.2 | 0.8 | +300.0% | |
| Other income / expense | 16.2 | (13.3) | 6.7 | (13.5) | (18.0) | (20.0) | −11.1% | |
| Pre-tax income | 54.8 | (24.0) | 29.2 | 67.7 | 53.4 | 34.4 | −35.6% | |
| Income tax | 0.1 | 0.0 | (0.0) | 0.4 | 0.0 | 0.0 | — | |
| Net income | 54.8 | (24.0) | 29.2 | 67.7 | 53.4 | 34.4 | −35.6% | |
| 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) | 0.09 | (0.04) | 0.05 | 0.11 | 0.09 | 0.06 | −36.9% | |
| EPS, diluted (per share) | 0.09 | (0.04) | 0.05 | 0.11 | 0.09 | 0.06 | −37.0% | |
| EBITDA | 67.0 | 27.3 | 22.9 | 36.4 | 70.4 | 43.0 | −38.9% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.5 | 0.6 | 0.8 | 0.6 | −25.0% | |
| Weighted average shares (shares) | 602,929,000 | 602,929,000 | 603,185,000 | 603,300,000 | 603,400,000 | 603,400,000 | +0.0% | |
| Weighted average diluted shares (shares) | 604,144,000 | 602,929,000 | 603,439,000 | 607,200,000 | 608,000,000 | 608,000,000 | +0.0% | |
| Gross margin | 66.7% | 61.3% | 58.0% | 66.3% | 68.7% | 69.0% | +0.3 pts | |
| Operating margin | 54.5% | 45.4% | 40.2% | 111.2% | 88.7% | 64.6% | −24.1 pts | |
| Net margin | 77.2% | −40.3% | 52.2% | 92.7% | 66.3% | 40.9% | −25.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
