| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 604.5 | 569.2 | 641.8 | 719.2 | 754.4 | 777.3 | +3.0% | |
| Cost of revenue | 320.2 | 306.4 | 350.1 | 380.1 | 382.5 | 394.6 | +3.2% | |
| Gross profit | 284.3 | 262.8 | 291.7 | 339.1 | 371.9 | 382.7 | +2.9% | |
| Research & development | 14.6 | 12.5 | 13.7 | 12.2 | 9.1 | 8.5 | −6.5% | |
| Selling, general & administrative | 166.3 | 150.8 | 155.5 | 190.9 | 237.6 | 235.4 | −0.9% | |
| Selling & marketing | 5.3 | 5.4 | 6.2 | 6.3 | 6.7 | 6.3 | −5.5% | |
| Operating expenses | 171.9 | 156.7 | 167.7 | 190.3 | 236.1 | 197.9 | −16.2% | |
| Operating income | 119.0 | 112.3 | 137.3 | 148.8 | 135.9 | 184.8 | +36.0% | |
| Interest expense | 2.0 | 1.7 | 1.3 | 1.3 | 2.2 | 2.1 | −6.3% | |
| Interest income | 1.5 | 1.1 | 1.2 | 4.6 | 4.6 | 1.7 | −63.1% | |
| Other income / expense | (0.5) | 0.2 | 0.5 | 1.9 | 4.6 | (26.9) | −684.5% | |
| Pre-tax income | 112.6 | 105.9 | 124.1 | 150.6 | 140.5 | 157.9 | +12.4% | |
| Income tax | 26.8 | 25.7 | 30.9 | 37.2 | 35.7 | 41.0 | +15.0% | |
| Net income | 85.8 | 80.2 | 93.2 | 113.1 | 103.6 | 115.4 | +11.4% | |
| 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) | 0.10 | 0.09 | 0.11 | 0.13 | 0.12 | 0.14 | +16.7% | |
| EPS, diluted (per share) | 0.10 | 0.09 | 0.11 | 0.13 | 0.12 | 0.14 | +16.7% | |
| EBITDA | 144.8 | 133.5 | 148.7 | 169.9 | 163.2 | 206.2 | +26.3% | |
| Depreciation & amortization | 33.0 | 26.3 | 23.4 | 18.0 | 20.5 | 21.4 | +4.3% | |
| Weighted average shares (shares) | 875,081,632 | 872,228,260 | 863,361,111 | 859,264,041 | 853,646,000 | 835,800,000 | −2.1% | |
| Weighted average diluted shares (shares) | 873,324,000 | 870,539,000 | 860,630,000 | 862,388,000 | 856,993,000 | 839,500,000 | −2.0% | |
| Gross margin | 47.0% | 46.2% | 45.5% | 47.2% | 49.3% | 49.2% | −0.1 pts | |
| Operating margin | 19.7% | 19.7% | 21.4% | 20.7% | 18.0% | 23.8% | +5.8 pts | |
| Net margin | 14.2% | 14.1% | 14.5% | 15.7% | 13.7% | 14.8% | +1.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
