| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.7 | 18.4 | 21.7 | 19.9 | 18.4 | 17.7 | −3.8% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11.9 | — | |
| Gross profit | 13.7 | 18.4 | 21.7 | 19.9 | 18.4 | 5.8 | −68.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Selling, general & administrative | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 11.3 | 14.1 | 16.8 | 15.4 | 13.4 | 0.0 | −100.0% | |
| Operating income | 2.4 | 4.4 | 4.9 | 4.5 | 4.9 | 5.8 | +17.1% | |
| Interest expense | 0.7 | 1.0 | 1.4 | 1.3 | 1.4 | 1.3 | −7.0% | |
| Interest income | 0.0 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | −22.9% | |
| Other income / expense | (0.7) | (0.9) | (1.3) | (1.4) | (1.3) | (1.6) | −24.1% | |
| Pre-tax income | 1.7 | 3.4 | 3.6 | 3.0 | 3.7 | 4.2 | +14.6% | |
| Income tax | 0.4 | 1.3 | 0.9 | 0.8 | 0.8 | 0.9 | +14.4% | |
| Net income | 1.6 | 2.4 | 7.8 | 2.3 | 2.9 | 3.2 | +11.7% | |
| Discontinued operations | 0.3 | 0.2 | 5.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.47 | 0.65 | 2.13 | 0.57 | 0.60 | 0.66 | +10.0% | |
| EPS, diluted (per share) | 0.46 | 0.65 | 2.12 | 0.57 | 0.60 | 0.65 | +8.3% | |
| EBITDA | 3.6 | 6.0 | 5.8 | 7.3 | 6.8 | 7.7 | +13.7% | |
| Depreciation & amortization | 1.2 | 1.8 | 1.6 | 1.7 | 1.8 | 2.2 | +24.6% | |
| Weighted average shares (shares) | 3,523,000,000 | 3,599,000,000 | 3,659,000,000 | 4,016,911,472 | 4,707,000,000 | 4,946,000,000 | +5.1% | |
| Weighted average diluted shares (shares) | 3,540,000,000 | 3,616,000,000 | 3,676,000,000 | 4,035,407,540 | 4,729,000,000 | 4,971,000,000 | +5.1% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 32.7% | −67.3 pts | |
| Operating margin | 17.6% | 23.7% | 22.5% | 22.5% | 26.8% | 32.7% | +5.8 pts | |
| Net margin | 12.0% | 12.8% | 36.0% | 11.5% | 15.8% | 18.3% | +2.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
