| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82.4 | 48.3 | 33.0 | 42.2 | 39.3 | 59.8 | +52.2% | |
| Cost of revenue | 3.6 | 4.5 | 4.7 | 4.8 | 5.2 | 4.8 | −7.5% | |
| Gross profit | 78.9 | 43.9 | 28.3 | 37.4 | 55.0 | 55.0 | +0.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 0.7 | 1.3 | 5.3 | 1.4 | 1.7 | +21.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.8 | 0.0 | 0.0 | — | |
| Operating expenses | 0.6 | 0.7 | 5.2 | 5.3 | 1.4 | 60.5 | +4200.1% | |
| Operating income | 78.4 | 43.3 | 27.8 | 0.6 | 54.0 | (5.5) | −110.1% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 9.9 | +4446.8% | |
| Other income / expense | (0.1) | (0.1) | 1.8 | (0.6) | (0.4) | (0.7) | −65.5% | |
| Pre-tax income | 78.3 | 43.2 | 29.6 | (0.1) | 53.6 | (6.2) | −111.5% | |
| Income tax | 4.1 | 5.8 | 4.3 | 6.0 | 8.7 | (1.8) | −120.5% | |
| Net income | 74.1 | 37.4 | 25.3 | (6.1) | 44.8 | (4.4) | −109.7% | |
| 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) | 0.61 | 0.31 | 0.21 | (0.05) | 0.37 | (0.04) | −110.1% | |
| EPS, diluted (per share) | 0.61 | 0.31 | 0.21 | (0.05) | 0.37 | (0.04) | −110.1% | |
| EBITDA | 78.4 | 43.3 | 27.8 | 0.6 | 54.0 | (6.2) | −111.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 120,958,386 | 120,958,386 | 120,958,386 | 120,958,729 | 120,899,602 | 117,285,517 | −3.0% | |
| Weighted average diluted shares (shares) | 120,958,386 | 120,958,386 | 120,958,386 | 120,958,386 | 120,899,602 | 117,285,517 | −3.0% | |
| Gross margin | 95.7% | 90.9% | 85.9% | 88.7% | 140.0% | 92.0% | −47.9 pts | |
| Operating margin | 95.1% | 89.7% | 84.3% | 1.3% | 137.4% | −9.2% | −146.6 pts | |
| Net margin | 90.0% | 77.4% | 76.7% | −14.4% | 114.1% | −7.3% | −121.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
