| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 267.7 | 267.4 | 330.0 | 334.0 | 257.7 | 177.7 | −31.0% | |
| Cost of revenue | 139.0 | 140.6 | 174.4 | 177.4 | 142.8 | 100.2 | −29.8% | |
| Gross profit | 128.8 | 126.7 | 155.6 | 156.5 | 115.0 | 77.5 | −32.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 87.0 | 84.7 | 109.8 | 101.5 | 82.6 | 64.3 | −22.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 87.0 | 84.7 | 109.8 | 101.5 | 87.5 | 64.3 | −26.5% | |
| Operating income | 41.7 | 42.0 | 45.8 | 55.0 | 27.4 | 13.2 | −52.0% | |
| Interest expense | 0.8 | 0.7 | 0.6 | 0.8 | 1.3 | 1.4 | +9.3% | |
| Interest income | 0.1 | 0.1 | 0.4 | 1.4 | 1.9 | 1.6 | −18.6% | |
| Other income / expense | (0.7) | (0.6) | (0.2) | 0.6 | 0.6 | (5.5) | −988.6% | |
| Pre-tax income | 41.0 | 41.4 | 45.7 | 55.6 | 28.1 | 7.6 | −72.8% | |
| Income tax | 10.2 | 9.6 | 10.8 | 14.9 | 7.6 | 2.0 | −73.9% | |
| Net income | 30.8 | 31.8 | 34.9 | 40.8 | 20.5 | 5.7 | −72.4% | |
| 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) | 0.28 | 0.29 | 0.32 | 0.37 | 0.19 | 0.05 | −72.7% | |
| EPS, diluted (per share) | 0.28 | 0.29 | 0.32 | 0.37 | 0.19 | 0.05 | −72.8% | |
| EBITDA | 48.3 | 48.2 | 52.7 | 62.2 | 34.7 | 18.3 | −47.3% | |
| Depreciation & amortization | 6.5 | 6.2 | 6.4 | 5.7 | 5.4 | 5.1 | −5.4% | |
| Weighted average shares (shares) | 109,191,000 | 109,192,000 | 109,192,000 | 109,151,000 | 109,224,000 | 109,497,000 | +0.2% | |
| Weighted average diluted shares (shares) | 109,398,000 | 110,578,000 | 109,786,000 | 109,480,000 | 109,625,000 | 109,628,000 | +0.0% | |
| Gross margin | 48.1% | 47.4% | 47.2% | 46.9% | 44.6% | 43.6% | −1.0 pts | |
| Operating margin | 15.6% | 15.7% | 13.9% | 16.5% | 10.6% | 7.4% | −3.2 pts | |
| Net margin | 11.5% | 11.9% | 10.6% | 12.2% | 8.0% | 3.2% | −4.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
