| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3 | 1.3 | 1.7 | 1.9 | 1.8 | 1.9 | +7.7% | |
| Cost of revenue | 0.9 | 0.9 | 1.2 | 1.3 | 1.2 | 1.3 | +8.9% | |
| Gross profit | 0.4 | 0.4 | 0.5 | 0.6 | 0.6 | 0.6 | +5.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +15.6% | |
| Selling, general & administrative | 0.4 | 0.4 | 0.4 | 0.1 | 0.1 | 0.1 | −5.8% | |
| Selling & marketing | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −3.8% | |
| Operating expenses | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | +3.1% | |
| Operating income | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | +19.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −11.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +10.0% | |
| Other income / expense | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | +5.3% | |
| Pre-tax income | (0.0) | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | +29.3% | |
| Income tax | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +44.1% | |
| Net income | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +24.4% | |
| 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) | (0.02) | 0.05 | 0.06 | 0.07 | 0.10 | 0.13 | +30.0% | |
| EPS, diluted (per share) | (0.02) | 0.05 | 0.06 | 0.07 | 0.10 | 0.13 | +32.0% | |
| EBITDA | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | +7.4% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −6.9% | |
| Weighted average shares (shares) | 531,971,000 | 531,971,000 | 531,971,000 | 495,372,000 | 459,839,000 | 435,136,000 | −5.4% | |
| Weighted average diluted shares (shares) | 531,971,000 | 531,971,000 | 531,971,000 | 496,537,000 | 470,044,000 | 455,462,000 | −3.1% | |
| Gross margin | 32.0% | 31.9% | 30.1% | 29.7% | 33.2% | 32.5% | −0.7 pts | |
| Operating margin | 2.1% | 3.2% | 3.0% | 3.4% | 4.7% | 5.2% | +0.5 pts | |
| Net margin | −0.9% | 1.9% | 1.9% | 1.9% | 2.6% | 3.0% | +0.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
