| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0 | 1.5 | 5.8 | 8.2 | 9.3 | 10.1 | +8.6% | |
| Cost of revenue | 3.3 | 2.1 | 5.0 | 6.8 | 7.7 | 8.4 | +8.5% | |
| Gross profit | (0.3) | (0.7) | 0.8 | 1.4 | 1.6 | 1.7 | +8.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.5 | 0.4 | 0.8 | 0.2 | 0.3 | 0.3 | +6.2% | |
| Selling & marketing | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | +6.2% | |
| Operating expenses | 0.5 | 0.3 | 0.8 | 0.9 | 1.0 | 1.0 | +2.9% | |
| Operating income | (0.8) | (1.0) | 0.0 | 0.5 | 0.6 | 0.7 | +19.4% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | +18.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −7.8% | |
| Other income / expense | (0.4) | (0.1) | (0.2) | (0.0) | 0.0 | (0.0) | −446.2% | |
| Pre-tax income | (1.3) | (1.0) | (0.2) | 0.4 | 0.6 | 0.7 | +9.3% | |
| Income tax | (0.2) | (0.2) | (0.0) | 0.1 | 0.2 | 0.2 | +9.3% | |
| Net income | (1.1) | (0.9) | (0.2) | 0.3 | 0.5 | 0.5 | +9.3% | |
| 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) | (1.43) | (1.14) | (0.22) | 0.43 | 0.60 | 0.66 | +10.0% | |
| EPS, diluted (per share) | (1.43) | (1.14) | (0.22) | 0.43 | 0.60 | 0.65 | +8.3% | |
| EBITDA | (0.7) | (0.4) | 0.5 | 1.3 | 1.5 | 1.6 | +3.7% | |
| Depreciation & amortization | 0.5 | 0.5 | 0.6 | 0.7 | 0.8 | 0.7 | −3.5% | |
| Weighted average shares (shares) | 610,145,288 | 753,496,503 | 753,496,503 | 753,496,503 | 749,000,000 | 751,000,000 | +0.3% | |
| Weighted average diluted shares (shares) | 610,397,037 | 754,000,000 | 754,000,000 | 758,000,000 | 759,000,000 | 764,000,000 | +0.7% | |
| Gross margin | −8.9% | −45.5% | 13.9% | 16.9% | 16.8% | 16.8% | +0.0 pts | |
| Operating margin | −25.9% | −69.0% | 0.1% | 5.5% | 6.3% | 7.0% | +0.6 pts | |
| Net margin | −35.9% | −58.8% | −2.9% | 4.0% | 4.9% | 4.9% | +0.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
