| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344.9 | 316.7 | 387.6 | 432.1 | 439.2 | 446.3 | +1.6% | |
| Cost of revenue | 136.2 | 117.3 | 151.6 | 139.7 | 148.6 | 182.4 | +22.7% | |
| Gross profit | 208.7 | 199.4 | 236.0 | 292.4 | 290.6 | 263.9 | −9.2% | |
| Research & development | 14.6 | 16.6 | 16.8 | 15.5 | 14.0 | 0.0 | −100.0% | |
| Selling, general & administrative | 142.5 | 149.5 | 173.5 | 195.1 | 177.3 | 146.5 | −17.4% | |
| Selling & marketing | 34.3 | 29.5 | 40.1 | 41.8 | 34.4 | 34.9 | +1.5% | |
| Operating expenses | 142.5 | 149.5 | 173.5 | 195.2 | 177.3 | 146.5 | −17.4% | |
| Operating income | 87.0 | 73.4 | 89.0 | 97.3 | 113.3 | 117.4 | +3.6% | |
| Interest expense | 2.1 | 2.1 | 3.8 | 5.1 | 4.8 | 3.5 | −27.1% | |
| Interest income | 0.1 | 0.1 | 0.3 | 0.1 | 0.3 | 0.3 | +0.0% | |
| Other income / expense | 0.8 | (3.2) | (3.8) | (5.2) | (4.6) | (6.9) | −50.0% | |
| Pre-tax income | 87.8 | 70.2 | 85.5 | 92.1 | 108.7 | 110.5 | +1.7% | |
| Income tax | 18.5 | 18.1 | 15.9 | 19.8 | 28.5 | 29.8 | +4.6% | |
| Net income | 69.3 | 52.7 | 68.3 | 72.7 | 80.6 | 81.2 | +0.7% | |
| 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) | 0.13 | 0.10 | 0.13 | 0.14 | 0.15 | 0.15 | +0.0% | |
| EPS, diluted (per share) | 0.13 | 0.10 | 0.13 | 0.13 | 0.15 | 0.15 | +0.0% | |
| EBITDA | 111.3 | 96.3 | 115.5 | 131.8 | 139.0 | 140.7 | +1.2% | |
| Depreciation & amortization | 20.8 | 23.5 | 26.5 | 34.6 | 25.5 | 23.3 | −8.6% | |
| Weighted average shares (shares) | 536,400,000 | 536,400,000 | 536,500,000 | 536,400,000 | 536,700,000 | 530,200,000 | −1.2% | |
| Weighted average diluted shares (shares) | 536,500,000 | 536,500,000 | 538,900,000 | 539,100,000 | 539,900,000 | 533,000,000 | −1.3% | |
| Gross margin | 60.5% | 63.0% | 60.9% | 67.7% | 66.2% | 59.1% | −7.0 pts | |
| Operating margin | 25.2% | 23.2% | 23.0% | 22.5% | 25.8% | 26.3% | +0.5 pts | |
| Net margin | 20.1% | 16.6% | 17.6% | 16.8% | 18.4% | 18.2% | −0.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
