| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.8 | 6.9 | 8.1 | 11.4 | 9.3 | 9.1 | −1.8% | |
| Cost of revenue | 6.1 | 5.9 | 6.9 | 9.5 | 7.7 | 7.6 | −0.7% | |
| Gross profit | 0.8 | 1.0 | 1.2 | 1.9 | 1.6 | 1.5 | −6.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.0 | 0.8 | 0.9 | 1.3 | 1.0 | 1.0 | −2.9% | |
| Selling & marketing | 0.4 | 0.4 | 0.4 | 0.6 | 0.5 | 0.5 | −6.2% | |
| Operating expenses | 0.6 | 0.6 | 0.8 | 1.2 | 1.0 | 1.0 | −8.1% | |
| Operating income | 0.1 | 0.3 | 0.4 | 0.7 | 0.6 | 0.5 | −3.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | +24.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | +2.9% | |
| Other income / expense | (0.0) | (0.0) | (0.1) | (0.2) | (0.1) | (0.1) | +9.5% | |
| Pre-tax income | (0.1) | 0.1 | 0.3 | 0.4 | 0.4 | 0.4 | −1.9% | |
| Income tax | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | +3.1% | |
| Net income | (0.1) | 0.1 | 0.2 | 0.3 | 0.4 | 0.3 | −35.4% | |
| Discontinued operations | 0.0 | 0.0 | (0.2) | 0.0 | 0.2 | 0.0 | −100.0% | |
| Other net income adjustments | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.34) | 0.30 | 0.60 | 0.66 | 1.03 | 0.73 | −29.1% | |
| EPS, diluted (per share) | (0.34) | 0.30 | 0.59 | 0.65 | 1.02 | 0.72 | −29.4% | |
| EBITDA | 0.0 | 0.3 | 0.5 | 0.7 | 0.7 | 0.7 | −9.5% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | +0.8% | |
| Weighted average shares (shares) | 411,877,348 | 411,877,348 | 411,877,348 | 411,557,733 | 408,288,134 | 375,079,630 | −8.1% | |
| Weighted average diluted shares (shares) | 418,029,691 | 418,029,691 | 418,029,691 | 416,966,013 | 413,105,102 | 379,817,912 | −8.1% | |
| Gross margin | 11.3% | 13.8% | 14.9% | 16.9% | 17.3% | 16.5% | −0.9 pts | |
| Operating margin | 2.0% | 4.4% | 5.0% | 5.7% | 6.1% | 5.9% | −0.1 pts | |
| Net margin | −2.1% | 1.7% | 3.0% | 2.4% | 4.5% | 3.0% | −1.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
