| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.8 | 1.1 | 1.0 | 1.0 | 1.5 | 2.0 | +35.4% | |
| Cost of revenue | 0.5 | 0.8 | 0.6 | 0.5 | 1.0 | 1.4 | +40.9% | |
| Gross profit | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 | +24.7% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Selling, general & administrative | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | — | — | |
| Selling & marketing | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | +29.8% | |
| Operating income | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | +16.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +2.5% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +15.6% | |
| Other income / expense | (0.0) | (0.0) | 0.0 | 0.0 | (0.0) | — | — | |
| Pre-tax income | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | +13.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +16.2% | |
| Net income | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | +13.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | 0.48 | 0.55 | 0.56 | 0.60 | 0.67 | 0.76 | +13.1% | |
| EPS, diluted (per share) | 0.48 | 0.55 | 0.56 | 0.59 | 0.66 | 0.75 | +14.1% | |
| EBITDA | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | +19.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +20.2% | |
| Weighted average shares (shares) | 198,559,000 | 198,976,000 | 199,237,000 | 199,490,000 | 199,690,000 | 198,300,000 | −0.7% | |
| Weighted average diluted shares (shares) | 199,443,000 | 199,632,000 | 200,159,000 | 200,516,000 | 200,853,000 | 199,600,000 | −0.6% | |
| Gross margin | 35.2% | 30.3% | 37.8% | 43.4% | 33.6% | 31.0% | −2.7 pts | |
| Operating margin | 15.2% | 12.9% | 14.2% | 16.0% | 12.7% | 10.9% | −1.8 pts | |
| Net margin | 12.3% | 10.2% | 11.4% | 12.4% | 9.1% | 7.6% | −1.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.