| USD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.3 | 2.6 | 2.5 | 2.9 | 3.1 | 3.3 | +7.1% | |
| Cost of revenue | 1.1 | 1.3 | 1.3 | 1.5 | 1.7 | 1.9 | +11.4% | |
| Gross profit | 1.2 | 1.3 | 1.3 | 1.4 | 1.4 | 1.4 | +1.8% | |
| Research & development | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | +9.3% | |
| Selling, general & administrative | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | −0.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | — | |
| Operating expenses | 0.6 | 0.7 | 1.0 | 1.0 | 0.8 | 0.8 | +0.6% | |
| Operating income | 0.5 | 0.6 | 0.6 | 0.4 | 0.6 | 0.6 | −5.2% | |
| Interest expense | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | +44.3% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | +40.4% | |
| Other income / expense | 0.0 | (0.0) | (0.0) | (0.1) | (0.2) | (0.1) | +68.1% | |
| Pre-tax income | 0.6 | 0.5 | 0.2 | 0.3 | 0.5 | 0.5 | +16.5% | |
| Income tax | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | +23.0% | |
| Net income | 0.4 | 0.4 | 0.2 | 0.2 | 0.4 | 0.4 | +14.3% | |
| 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) | 1.83 | 1.82 | 0.84 | 0.85 | 1.61 | 1.86 | +15.5% | |
| EPS, diluted (per share) | 1.81 | 1.81 | 0.84 | 0.85 | 1.61 | 1.84 | +14.3% | |
| EBITDA | 0.6 | 0.7 | 0.5 | 0.8 | 0.8 | 0.8 | +7.4% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | +33.0% | |
| Weighted average shares (shares) | 236,000,000 | 231,000,000 | 223,728,472 | 222,368,714 | 222,981,366 | 220,587,683 | −1.1% | |
| Weighted average diluted shares (shares) | 238,000,000 | 233,000,000 | 225,000,000 | 222,368,714 | 223,493,321 | 222,684,171 | −0.4% | |
| Gross margin | 51.8% | 51.0% | 50.3% | 48.9% | 45.3% | 43.0% | −2.2 pts | |
| Operating margin | 23.1% | 24.8% | 23.5% | 12.8% | 19.6% | 17.3% | −2.3 pts | |
| Net margin | 18.4% | 16.5% | 7.5% | 6.6% | 11.5% | 12.3% | +0.8 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.
