| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 682.3 | 678.3 | 889.0 | 934.8 | 926.5 | 934.2 | +0.8% | |
| Cost of revenue | 447.7 | 490.1 | 627.8 | 586.9 | 584.4 | 591.0 | +1.1% | |
| Gross profit | 234.6 | 188.2 | 261.2 | 347.9 | 342.1 | 343.2 | +0.3% | |
| Research & development | 7.6 | 6.8 | 7.3 | 10.0 | 9.8 | 10.3 | +5.1% | |
| Selling, general & administrative | 210.9 | 213.1 | 246.3 | 277.6 | 283.7 | — | — | |
| Selling & marketing | 56.0 | 64.3 | 77.9 | 81.3 | 85.5 | — | — | |
| Operating expenses | 221.5 | 218.2 | 253.3 | 283.6 | 281.9 | 285.5 | +1.3% | |
| Operating income | 21.6 | (30.0) | 11.0 | 64.3 | 60.2 | 57.7 | −4.2% | |
| Interest expense | 4.0 | 4.2 | 12.9 | 12.0 | 10.4 | 8.7 | −16.3% | |
| Interest income | 0.0 | 3.6 | 11.9 | 0.7 | 0.0 | — | — | |
| Other income / expense | (10.3) | (5.3) | (26.1) | (17.8) | (11.2) | — | — | |
| Pre-tax income | 11.3 | (35.3) | (15.1) | 46.5 | 49.0 | 39.9 | −18.6% | |
| Income tax | (2.7) | (11.3) | (3.6) | 13.2 | 15.8 | 9.9 | −37.3% | |
| Net income | 13.4 | (24.0) | (11.5) | 33.3 | 33.2 | 30.0 | −9.6% | |
| Discontinued operations | (0.6) | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 0.08 | (0.14) | (0.07) | 0.19 | 0.19 | 0.18 | −6.9% | |
| EPS, diluted (per share) | 0.08 | (0.14) | (0.07) | 0.19 | 0.19 | 0.17 | −11.3% | |
| EBITDA | 39.1 | (7.6) | 20.8 | 80.6 | 76.1 | 80.0 | +5.1% | |
| Depreciation & amortization | 23.8 | 23.5 | 23.0 | 22.0 | 17.7 | 22.3 | +26.0% | |
| Weighted average shares (shares) | 179,100,000 | 173,500,000 | 173,400,000 | 172,700,000 | 178,494,623 | 169,700,000 | −4.9% | |
| Weighted average diluted shares (shares) | 179,400,000 | 173,500,000 | 173,400,000 | 176,900,000 | 178,500,000 | 177,900,000 | −0.3% | |
| Gross margin | 34.4% | 27.7% | 29.4% | 37.2% | 36.9% | 36.7% | −0.2 pts | |
| Operating margin | 3.2% | −4.4% | 1.2% | 6.9% | 6.5% | 6.2% | −0.3 pts | |
| Net margin | 2.0% | −3.5% | −1.3% | 3.6% | 3.6% | 3.2% | −0.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
