| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.3 | 2.5 | 2.5 | 2.8 | 1.2 | 1.4 | +13.8% | |
| Cost of revenue | 1.7 | 1.8 | 1.4 | 2.8 | 1.1 | (0.0) | −102.1% | |
| Gross profit | 0.6 | 0.7 | 1.2 | 0.1 | 0.1 | 1.4 | +1002.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.0 | 1.3 | 1.6 | 0.0 | 1.6 | 0.0 | −100.0% | |
| Selling & marketing | 0.6 | 0.7 | 0.8 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.8 | 1.0 | 1.6 | 0.4 | 0.5 | 1.6 | +243.7% | |
| Operating income | (0.2) | (0.3) | (0.5) | (0.3) | (0.3) | (0.2) | +43.6% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | +49.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +29.6% | |
| Other income / expense | (0.1) | (0.0) | (0.0) | (0.1) | (0.0) | (0.2) | −5762.5% | |
| Pre-tax income | (0.1) | (0.2) | (0.5) | (0.4) | (0.3) | (0.4) | −11.1% | |
| Income tax | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | +7350.0% | |
| Net income | (0.1) | (0.2) | (0.5) | (0.3) | (0.3) | 0.4 | +220.5% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.8 | +2368.9% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.19) | (0.30) | (0.59) | (0.38) | (0.41) | 0.49 | +219.5% | |
| EPS, diluted (per share) | (0.19) | (0.30) | (0.59) | (0.38) | (0.41) | 0.45 | +209.8% | |
| EBITDA | 0.2 | 0.1 | (0.1) | 0.1 | 0.1 | 0.2 | +26.8% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.3 | 0.5 | 0.4 | 0.4 | +0.7% | |
| Weighted average shares (shares) | 718,000,000 | 739,500,000 | 772,900,000 | 816,500,000 | 818,900,000 | 825,600,000 | +0.8% | |
| Weighted average diluted shares (shares) | 718,000,000 | 739,500,000 | 772,900,000 | 816,500,000 | 818,900,000 | 899,600,000 | +9.9% | |
| Gross margin | 27.3% | 28.3% | 45.8% | 2.5% | 10.5% | 101.7% | +91.2 pts | |
| Operating margin | −7.4% | −10.7% | −18.0% | −11.8% | −27.7% | −13.8% | +14.0 pts | |
| Net margin | −5.8% | −8.9% | −18.1% | −11.1% | −27.7% | 29.3% | +57.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
