| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 196.6 | 272.3 | 316.3 | 308.2 | 290.6 | 279.6 | −3.8% | |
| Cost of revenue | 139.4 | 192.3 | 236.2 | 221.3 | 201.6 | 193.3 | −4.1% | |
| Gross profit | 57.2 | 80.0 | 80.1 | 86.9 | 89.0 | 86.3 | −3.0% | |
| Research & development | 1.0 | 1.0 | 1.1 | 1.6 | 1.6 | 0.0 | −100.0% | |
| Selling, general & administrative | 43.0 | 47.1 | 53.3 | 58.9 | 58.9 | 56.9 | −3.4% | |
| Selling & marketing | 31.3 | 35.5 | 40.8 | 42.3 | 41.7 | 40.6 | −2.7% | |
| Operating expenses | 37.7 | 53.4 | 54.4 | 60.2 | 57.6 | 59.2 | +2.8% | |
| Operating income | 19.5 | 26.6 | 22.6 | 26.7 | 31.4 | 27.1 | −13.7% | |
| Interest expense | 10.1 | 10.1 | 4.1 | 7.3 | 7.3 | 6.5 | −10.2% | |
| Interest income | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | −7.0% | |
| Other income / expense | (10.3) | (10.2) | (12.4) | (7.5) | (8.0) | (17.0) | −112.7% | |
| Pre-tax income | 9.2 | 16.3 | 10.2 | 19.2 | 23.4 | 10.1 | −56.9% | |
| Income tax | 0.5 | 1.7 | 5.9 | 3.8 | 6.9 | 9.2 | +34.5% | |
| Net income | 8.7 | 14.7 | 4.3 | 15.4 | 16.5 | 0.8 | −94.9% | |
| 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 | 0.12 | 0.03 | 0.12 | 0.13 | 0.01 | −94.9% | |
| EPS, diluted (per share) | 0.07 | 0.12 | 0.03 | 0.12 | 0.13 | 0.01 | −94.9% | |
| EBITDA | 27.2 | 33.8 | 24.2 | 37.4 | 42.3 | 38.8 | −8.3% | |
| Depreciation & amortization | 7.9 | 7.4 | 9.9 | 12.1 | 12.2 | 11.7 | −3.6% | |
| Weighted average shares (shares) | 127,352,555 | 127,352,555 | 127,352,555 | 127,352,555 | 127,352,555 | 127,352,555 | +0.0% | |
| Weighted average diluted shares (shares) | 127,352,555 | 127,352,555 | 127,352,555 | 127,352,555 | 128,389,983 | 127,474,048 | −0.7% | |
| Gross margin | 29.1% | 29.4% | 25.3% | 28.2% | 30.6% | 30.9% | +0.2 pts | |
| Operating margin | 9.9% | 9.8% | 7.2% | 8.7% | 10.8% | 9.7% | −1.1 pts | |
| Net margin | 4.4% | 5.4% | 1.4% | 5.0% | 5.7% | 0.3% | −5.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
