| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.1 | 128.9 | 100.0 | 146.0 | 142.6 | 140.4 | −1.6% | |
| Cost of revenue | 46.4 | 70.4 | 61.8 | 94.2 | 91.3 | 80.7 | −11.6% | |
| Gross profit | 32.7 | 58.4 | 38.3 | 51.8 | 51.3 | 59.7 | +16.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 17.5 | 21.5 | 22.6 | 28.0 | 34.0 | 29.6 | −13.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 17.5 | 21.5 | 22.6 | 28.0 | 34.0 | 28.3 | −16.8% | |
| Operating income | 15.1 | 36.9 | 15.6 | 23.8 | 17.3 | 31.4 | +81.7% | |
| Interest expense | 0.4 | 0.4 | 0.1 | 0.2 | 0.0 | 0.0 | −20.0% | |
| Interest income | 0.1 | 0.2 | 0.4 | 1.4 | 2.0 | 1.8 | −11.6% | |
| Other income / expense | (0.6) | (0.4) | (0.4) | 0.6 | 0.6 | 1.9 | +207.6% | |
| Pre-tax income | 14.5 | 36.5 | 15.3 | 24.5 | 17.9 | 33.3 | +86.0% | |
| Income tax | 5.6 | 11.2 | 7.6 | 9.3 | 6.6 | 10.8 | +64.4% | |
| Net income | 8.9 | 25.4 | 7.7 | 15.2 | 11.4 | 22.5 | +98.4% | |
| 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) | 0.05 | 0.15 | 0.04 | 0.08 | 0.06 | 0.12 | +97.4% | |
| EPS, diluted (per share) | 0.05 | 0.13 | 0.04 | 0.08 | 0.06 | 0.12 | +97.4% | |
| EBITDA | 27.7 | 53.5 | 35.0 | 52.7 | 42.6 | 53.9 | +26.8% | |
| Depreciation & amortization | 12.8 | 16.5 | 19.6 | 28.0 | 24.6 | 22.5 | −8.4% | |
| Weighted average shares (shares) | 182,649,647 | 188,383,709 | 187,277,470 | 189,771,884 | 186,600,000 | 182,413,453 | −2.2% | |
| Weighted average diluted shares (shares) | 182,649,647 | 188,383,709 | 187,277,470 | 191,006,624 | 186,600,000 | 182,413,453 | −2.2% | |
| Gross margin | 41.3% | 45.3% | 38.2% | 35.5% | 35.9% | 42.5% | +6.6 pts | |
| Operating margin | 19.2% | 28.7% | 15.6% | 16.3% | 12.1% | 22.4% | +10.2 pts | |
| Net margin | 11.3% | 19.7% | 7.7% | 10.4% | 8.0% | 16.0% | +8.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
