| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 181.5 | 159.4 | 184.9 | 193.3 | 223.2 | 230.3 | +3.2% | |
| Cost of revenue | 0.0 | 0.9 | 12.9 | 14.1 | (6.3) | 0.0 | +100.0% | |
| Gross profit | 181.5 | 147.8 | 144.2 | 156.9 | 223.2 | 230.3 | +3.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 22.3 | 21.5 | 21.2 | 0.0 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 22.3 | 110.6 | 130.2 | 127.1 | 174.6 | 179.4 | +2.7% | |
| Operating income | 49.2 | 37.2 | 14.0 | 24.0 | 48.6 | 51.0 | +4.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 1.5 | 0.0 | 3.8 | 7.9 | 0.0 | −100.0% | |
| Other income / expense | (0.1) | (0.0) | (0.0) | (161.8) | (0.0) | 0.0 | +100.0% | |
| Pre-tax income | 49.1 | 37.2 | 14.0 | 23.6 | 48.6 | 51.0 | +4.9% | |
| Income tax | 9.3 | 7.1 | 2.9 | 5.5 | 12.6 | 13.0 | +3.5% | |
| Net income | 39.8 | 30.1 | 11.1 | 18.1 | 36.0 | 37.9 | +5.4% | |
| 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) | 0.16 | 0.12 | 0.04 | 0.07 | 0.14 | 0.15 | +7.1% | |
| EPS, diluted (per share) | 0.16 | 0.12 | 0.04 | 0.07 | 0.14 | 0.15 | +7.1% | |
| EBITDA | 49.6 | 37.6 | 14.3 | 23.8 | 48.7 | 51.1 | +4.9% | |
| Depreciation & amortization | 0.4 | 0.4 | 0.3 | 0.1 | 0.2 | 0.2 | −2.7% | |
| Weighted average shares (shares) | 249,113,000 | 249,221,000 | 249,113,000 | 248,636,000 | 248,419,000 | 248,419,000 | +0.0% | |
| Weighted average diluted shares (shares) | 251,565,000 | 251,541,000 | 249,113,000 | 250,837,000 | 250,099,337 | 250,299,000 | +0.1% | |
| Gross margin | 100.0% | 92.7% | 78.0% | 81.2% | 100.0% | 100.0% | +0.0 pts | |
| Operating margin | 27.1% | 23.3% | 7.6% | 12.4% | 21.8% | 22.1% | +0.4 pts | |
| Net margin | 21.9% | 18.9% | 6.0% | 9.3% | 16.1% | 16.5% | +0.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.