| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 329.6 | 644.0 | 681.9 | 734.7 | 795.4 | 835.0 | +5.0% | |
| Cost of revenue | 321.0 | 401.8 | 417.6 | 425.8 | 452.1 | 480.5 | +6.3% | |
| Gross profit | 8.6 | 242.2 | 264.3 | 308.9 | 343.3 | 354.5 | +3.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Selling, general & administrative | 157.8 | 219.0 | 253.8 | 270.2 | 269.3 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 158.0 | 131.5 | 255.7 | 279.5 | 276.3 | 282.1 | +2.1% | |
| Operating income | (149.4) | 110.7 | 8.6 | 29.4 | 67.0 | 72.4 | +8.1% | |
| Interest expense | 14.0 | 13.1 | 12.6 | 13.4 | 13.3 | 17.1 | +28.6% | |
| Interest income | 0.1 | 0.1 | 0.8 | 0.7 | 1.0 | 0.8 | −20.0% | |
| Other income / expense | (14.4) | (37.7) | (12.9) | (13.9) | (13.1) | — | — | |
| Pre-tax income | (107.3) | 73.0 | (122.7) | 15.5 | 53.9 | 39.2 | −27.3% | |
| Income tax | (10.4) | 16.9 | (27.1) | 3.5 | 9.3 | 9.3 | +0.0% | |
| Net income | (72.1) | 64.9 | (96.0) | 12.5 | 44.6 | 29.9 | −33.0% | |
| Discontinued operations | 24.9 | 8.8 | 0.3 | 0.2 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | (0.8) | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (0.16) | 0.12 | (0.20) | 0.03 | 0.10 | 0.06 | −32.6% | |
| EPS, diluted (per share) | (0.16) | 0.12 | (0.20) | 0.03 | 0.10 | 0.06 | −33.5% | |
| EBITDA | (11.6) | 153.5 | (41.7) | 80.8 | 122.4 | 132.1 | +7.9% | |
| Depreciation & amortization | 81.7 | 67.4 | 69.0 | 54.3 | 55.2 | 59.7 | +8.2% | |
| Weighted average shares (shares) | 437,300,000 | 468,400,000 | 468,400,000 | 468,400,000 | 468,400,000 | 466,800,000 | −0.3% | |
| Weighted average diluted shares (shares) | 437,300,000 | 468,400,000 | 468,400,000 | 468,400,000 | 468,400,000 | 473,200,000 | +1.0% | |
| Gross margin | 2.6% | 37.6% | 38.8% | 42.0% | 43.2% | 42.5% | −0.7 pts | |
| Operating margin | −45.3% | 17.2% | 1.3% | 4.0% | 8.4% | 8.7% | +0.2 pts | |
| Net margin | −21.9% | 10.1% | −14.1% | 1.7% | 5.6% | 3.6% | −2.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
