| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210.2 | 264.5 | 290.4 | 280.7 | 270.4 | 300.8 | +11.2% | |
| Cost of revenue | 140.4 | 175.0 | 192.4 | 175.0 | 165.1 | 188.6 | +14.3% | |
| Gross profit | 69.8 | 89.5 | 98.1 | 105.7 | 105.4 | 112.2 | +6.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 56.1 | 69.2 | 76.4 | 83.6 | 81.8 | 99.7 | +21.9% | |
| Selling & marketing | 7.2 | 8.7 | 10.7 | 10.5 | 11.2 | 13.5 | +20.6% | |
| Operating expenses | 56.1 | 69.2 | 76.4 | 83.6 | 81.8 | 99.7 | +21.9% | |
| Operating income | 13.7 | 20.1 | 21.7 | 22.3 | 23.6 | 12.5 | −47.0% | |
| Interest expense | 1.1 | 1.4 | 1.7 | 2.3 | 3.1 | 4.6 | +47.8% | |
| Interest income | 1.1 | 0.0 | 0.2 | 0.5 | 0.4 | 0.0 | −100.0% | |
| Other income / expense | (1.2) | (1.4) | (1.7) | (2.0) | (2.7) | (4.4) | −64.6% | |
| Pre-tax income | 12.4 | 18.7 | 19.9 | 20.3 | 20.9 | 8.1 | −61.5% | |
| Income tax | 2.7 | 4.9 | 4.2 | 5.3 | 5.4 | 1.7 | −67.7% | |
| Net income | 10.2 | 12.6 | 15.6 | 15.0 | 15.5 | 6.3 | −59.3% | |
| Discontinued operations | 0.4 | (1.2) | (0.1) | 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) | 0.06 | 0.08 | 0.10 | 0.09 | 0.10 | 0.04 | −59.2% | |
| EPS, diluted (per share) | 0.06 | 0.08 | 0.10 | 0.09 | 0.10 | 0.04 | −59.1% | |
| EBITDA | 23.7 | 31.7 | 34.3 | 36.2 | 39.0 | 31.1 | −20.2% | |
| Depreciation & amortization | 10.1 | 11.7 | 12.6 | 13.6 | 15.4 | 18.1 | +17.6% | |
| Weighted average shares (shares) | 157,812,000 | 157,812,000 | 158,162,000 | 158,542,000 | 159,183,000 | 158,487,000 | −0.4% | |
| Weighted average diluted shares (shares) | 158,515,000 | 159,439,000 | 159,823,000 | 160,330,000 | 159,523,000 | 158,603,000 | −0.6% | |
| Gross margin | 33.2% | 33.8% | 33.8% | 37.6% | 39.0% | 37.3% | −1.7 pts | |
| Operating margin | 6.5% | 7.6% | 7.5% | 7.9% | 8.7% | 4.2% | −4.6 pts | |
| Net margin | 4.8% | 4.8% | 5.4% | 5.3% | 5.7% | 2.1% | −3.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
