| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22.8 | 41.0 | 66.5 | (53.7) | 72.5 | (76.5) | −205.5% | |
| Cost of revenue | 4.0 | 7.2 | 9.6 | 0.0 | 0.0 | 10.9 | — | |
| Gross profit | 18.8 | 33.8 | 56.9 | (53.7) | 72.5 | (87.4) | −220.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 5.4 | 9.0 | 12.0 | 2.7 | 2.4 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | (13.6) | (46.0) | 76.7 | 2.7 | 2.4 | 0.0 | −100.0% | |
| Operating income | 32.4 | 79.8 | (19.8) | (56.5) | 70.1 | (87.4) | −224.7% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 2.7 | 7.3 | 1.2 | 6.7 | 3.9 | 0.0 | −100.0% | |
| Other income / expense | 0.0 | 0.0 | 1.2 | 0.2 | 0.0 | 0.0 | — | |
| Pre-tax income | 32.4 | 79.8 | (18.6) | (56.3) | 70.1 | (87.4) | −224.7% | |
| Income tax | 0.0 | 79.8 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 32.4 | 79.8 | (18.6) | (56.3) | 70.1 | (87.4) | −224.7% | |
| 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) | 0.07 | 0.10 | (0.02) | (0.05) | 0.06 | (0.08) | −226.6% | |
| EPS, diluted (per share) | 0.07 | 0.10 | (0.02) | (0.05) | 0.06 | (0.08) | −226.6% | |
| EBITDA | 0.0 | 0.0 | (7.8) | 0.0 | 70.1 | (87.4) | −224.7% | |
| Depreciation & amortization | 0.0 | 0.0 | 19.8 | 56.5 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 467,366,708 | 795,954,000 | 1,056,150,000 | 1,090,075,000 | 1,085,420,000 | 1,079,012,000 | −0.6% | |
| Weighted average diluted shares (shares) | 467,366,708 | 795,954,000 | 1,056,150,000 | 1,090,075,000 | 1,085,420,000 | 1,079,012,000 | −0.6% | |
| Gross margin | 82.3% | 82.4% | 85.6% | 100.0% | 100.0% | 114.2% | +14.2 pts | |
| Operating margin | 142.0% | 194.7% | −29.8% | 105.2% | 96.7% | 114.2% | +17.6 pts | |
| Net margin | 142.0% | 194.8% | −28.0% | 104.8% | 96.7% | 114.2% | +17.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
