| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.5 | 54.9 | (69.9) | (7.8) | 19.0 | 33.6 | +77.0% | |
| Cost of revenue | 2.3 | 0.0 | 0.0 | 0.1 | 2.1 | 2.1 | −2.9% | |
| Gross profit | 33.2 | 51.9 | (72.3) | 24.7 | 44.5 | 31.5 | −29.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | 0.9 | +6.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.7 | 3.5 | 0.7 | 0.9 | 0.9 | (20.0) | −2429.9% | |
| Operating income | 34.8 | 54.1 | (70.6) | 21.8 | 43.6 | 51.5 | +18.1% | |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.3 | +1340.0% | |
| Interest income | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −5.6% | |
| Other income / expense | 0.0 | (0.2) | 0.2 | 0.1 | (0.4) | (0.3) | +23.0% | |
| Pre-tax income | 34.8 | 54.1 | (70.6) | 21.9 | 43.6 | 51.1 | +17.3% | |
| Income tax | 0.8 | 0.8 | 0.5 | 1.1 | 3.2 | 0.5 | −83.8% | |
| Net income | 34.0 | 53.3 | (71.1) | 20.8 | 40.4 | 50.6 | +25.3% | |
| 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) | 0.36 | 0.56 | (0.76) | 0.22 | 0.47 | 0.70 | +48.9% | |
| EPS, diluted (per share) | 0.36 | 0.56 | (0.76) | 0.22 | 0.49 | 0.70 | +42.9% | |
| EBITDA | 34.8 | 54.3 | 0.0 | 21.8 | 45.8 | 51.1 | +11.8% | |
| Depreciation & amortization | 0.0 | 0.0 | 70.8 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 94,081,493 | 95,724,531 | 94,081,493 | 93,970,338 | 85,475,668 | 72,257,481 | −15.5% | |
| Weighted average diluted shares (shares) | 94,081,493 | 95,724,531 | 94,081,493 | 93,970,338 | 82,371,080 | 72,257,481 | −12.3% | |
| Gross margin | 93.5% | 94.6% | 103.4% | −318.5% | 234.4% | 93.8% | −140.6 pts | |
| Operating margin | 98.1% | 98.6% | 100.9% | −281.5% | 229.9% | 153.3% | −76.6 pts | |
| Net margin | 95.9% | 97.0% | 101.7% | −268.6% | 213.0% | 150.7% | −62.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.