| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2 | 1.3 | 1.6 | 1.7 | 1.5 | 1.3 | −12.8% | |
| Cost of revenue | 0.9 | 1.0 | 1.2 | 1.2 | 1.1 | 1.0 | −11.3% | |
| Gross profit | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | −17.4% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | +100.0% | |
| Selling, general & administrative | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | −3.1% | |
| Selling & marketing | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.0 | −100.0% | |
| Operating expenses | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | −8.2% | |
| Operating income | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −59.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +43.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −49.2% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | (0.0) | −195.5% | |
| Pre-tax income | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −62.3% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −56.2% | |
| Net income | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | −64.4% | |
| 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) | 0.13 | 0.32 | 0.41 | 0.42 | 0.37 | 0.14 | −62.2% | |
| EPS, diluted (per share) | 0.12 | 0.31 | 0.40 | 0.42 | 0.37 | 0.14 | −62.2% | |
| EBITDA | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −46.3% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +15.9% | |
| Weighted average shares (shares) | 132,100,000 | 132,300,000 | 132,199,999 | 132,100,000 | 133,940,700 | 129,000,000 | −3.7% | |
| Weighted average diluted shares (shares) | 136,400,000 | 136,700,000 | 135,900,000 | 135,000,000 | 134,100,000 | 130,100,000 | −3.0% | |
| Gross margin | 24.1% | 25.4% | 25.1% | 25.2% | 24.7% | 23.4% | −1.3 pts | |
| Operating margin | 3.1% | 4.6% | 4.7% | 4.7% | 4.4% | 2.1% | −2.4 pts | |
| Net margin | 1.4% | 3.2% | 3.3% | 3.4% | 3.3% | 1.4% | −2.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
