| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39.6 | 38.1 | 36.2 | 31.9 | 11.1 | 28.9 | +159.5% | |
| Cost of revenue | 5.8 | 5.9 | 7.4 | 7.0 | 6.3 | 5.0 | −20.9% | |
| Gross profit | (0.3) | 124.9 | 28.7 | (1.0) | 11.1 | 23.8 | +114.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.1 | 1.1 | 1.1 | 1.3 | 8.1 | 1.8 | −77.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 6.9 | 7.0 | 1.1 | 8.3 | 8.1 | 56.3 | +593.6% | |
| Operating income | (7.2) | 117.9 | 154.5 | (9.3) | 3.0 | (32.4) | −1178.7% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 39.6 | 38.1 | 36.2 | 31.9 | 31.4 | 28.9 | −8.2% | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | (7.2) | 117.9 | 154.5 | (9.3) | 3.0 | (32.4) | −1178.7% | |
| Income tax | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | 0.0 | — | |
| Net income | (7.2) | 117.9 | 154.5 | (9.3) | 3.0 | (32.4) | −1178.7% | |
| 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) | (0.01) | 0.19 | 0.25 | (0.02) | 0.01 | (0.06) | −1221.2% | |
| EPS, diluted (per share) | (0.01) | 0.19 | 0.25 | (0.02) | 0.01 | (0.06) | −1221.2% | |
| EBITDA | 0.0 | 117.9 | 154.5 | 136.1 | 3.0 | (32.4) | −1178.7% | |
| Depreciation & amortization | 7.2 | 0.0 | 0.0 | 145.4 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 606,924,133 | 608,759,067 | 609,958,720 | 603,598,450 | 573,992,743 | 556,380,504 | −3.1% | |
| Weighted average diluted shares (shares) | 606,924,133 | 608,759,067 | 609,958,720 | 603,598,450 | 573,946,152 | 556,380,504 | −3.1% | |
| Gross margin | −0.7% | 328.1% | 79.5% | −3.0% | 100.0% | 82.6% | −17.4 pts | |
| Operating margin | −18.2% | 309.7% | 427.3% | −29.1% | 27.0% | −112.4% | −139.4 pts | |
| Net margin | −18.2% | 309.7% | 427.3% | −29.1% | 27.0% | −112.4% | −139.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
