| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 250.2 | 385.4 | 408.4 | 366.5 | 366.6 | 393.0 | +7.2% | |
| Cost of revenue | 206.5 | 295.4 | 329.9 | 304.4 | 305.2 | 328.2 | +7.5% | |
| Gross profit | 43.6 | 90.0 | 78.5 | 62.1 | 61.4 | 64.8 | +5.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 26.1 | 33.4 | 36.3 | 36.0 | 41.3 | 42.8 | +3.9% | |
| Selling & marketing | 17.5 | 22.2 | 24.2 | 24.2 | 27.4 | 28.5 | +3.9% | |
| Operating expenses | 26.1 | 32.2 | 34.5 | 36.0 | 41.3 | 42.8 | +3.9% | |
| Operating income | 17.5 | 57.8 | 44.0 | 26.1 | 20.2 | 22.0 | +9.0% | |
| Interest expense | 0.2 | 0.2 | 0.3 | 0.2 | 0.3 | 0.4 | +4.3% | |
| Interest income | 0.0 | 0.0 | 0.8 | 3.6 | 4.4 | 3.5 | −22.2% | |
| Other income / expense | (0.4) | (0.2) | 0.5 | 4.1 | 4.1 | 3.1 | −24.5% | |
| Pre-tax income | 18.6 | 58.0 | 44.5 | 30.3 | 24.3 | 25.1 | +3.3% | |
| Income tax | 3.6 | 12.3 | 8.6 | 7.6 | 6.1 | 6.5 | +5.8% | |
| Net income | 15.0 | 45.6 | 35.9 | 22.7 | 18.1 | 18.6 | +2.5% | |
| 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) | 0.75 | 2.29 | 1.80 | 1.13 | 0.90 | 0.93 | +3.3% | |
| EPS, diluted (per share) | 0.75 | 2.28 | 1.79 | 1.13 | 0.90 | 0.92 | +2.2% | |
| EBITDA | 22.8 | 62.3 | 48.9 | 34.7 | 30.1 | 27.9 | −7.4% | |
| Depreciation & amortization | 4.0 | 4.1 | 4.2 | 4.3 | 5.5 | 5.9 | +6.3% | |
| Weighted average shares (shares) | 19,882,000 | 19,905,000 | 20,009,000 | 20,112,000 | 20,129,000 | 20,102,000 | −0.1% | |
| Weighted average diluted shares (shares) | 19,913,000 | 19,990,000 | 20,040,000 | 20,126,000 | 20,175,000 | 20,118,000 | −0.3% | |
| Gross margin | 17.4% | 23.4% | 19.2% | 16.9% | 16.8% | 16.5% | −0.3 pts | |
| Operating margin | 7.0% | 15.0% | 10.8% | 7.1% | 5.5% | 5.6% | +0.1 pts | |
| Net margin | 6.0% | 11.8% | 8.8% | 6.2% | 4.9% | 4.7% | −0.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
