| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 122.3 | 130.8 | 155.6 | 221.2 | 231.1 | 270.2 | +16.9% | |
| Cost of revenue | 89.2 | 95.2 | 117.9 | 157.7 | 157.4 | 202.5 | +28.7% | |
| Gross profit | 33.0 | 35.6 | 37.7 | 63.5 | 73.7 | 67.7 | −8.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 19.4 | 19.1 | 22.9 | 31.5 | 19.2 | 39.0 | +102.8% | |
| Selling & marketing | 0.0 | (2.4) | (5.3) | 0.0 | 15.0 | 0.0 | −100.0% | |
| Operating expenses | 19.4 | 19.1 | 22.9 | 31.5 | 41.2 | 39.0 | −5.3% | |
| Operating income | 13.6 | 16.5 | 14.8 | 32.0 | 32.5 | 28.7 | −11.8% | |
| Interest expense | 0.7 | 0.7 | 1.0 | 1.8 | 1.8 | 1.6 | −11.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | −60.5% | |
| Other income / expense | (0.7) | (0.7) | (1.0) | (1.9) | (1.6) | (2.0) | −23.0% | |
| Pre-tax income | 13.0 | 16.3 | 14.4 | 30.1 | 30.9 | 26.7 | −13.6% | |
| Income tax | 3.1 | 2.6 | 2.5 | 7.7 | 7.4 | 8.3 | +11.9% | |
| Net income | 9.8 | 13.7 | 12.0 | 22.4 | 23.5 | 18.0 | −23.1% | |
| 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) | 0.08 | 0.12 | 0.10 | 0.19 | 0.20 | 0.15 | −25.0% | |
| EPS, diluted (per share) | 0.08 | 0.11 | 0.10 | 0.18 | 0.19 | 0.15 | −21.1% | |
| EBITDA | 15.8 | 19.4 | 18.6 | 37.4 | 40.9 | 39.9 | −2.3% | |
| Depreciation & amortization | 2.2 | 2.9 | 3.1 | 5.5 | 8.7 | 11.3 | +29.1% | |
| Weighted average shares (shares) | 116,499,980 | 116,605,892 | 116,731,311 | 123,900,552 | 116,714,097 | 117,316,956 | +0.5% | |
| Weighted average diluted shares (shares) | 116,499,980 | 121,080,317 | 123,451,834 | 123,693,667 | 120,472,354 | 120,202,093 | −0.2% | |
| Gross margin | 27.0% | 27.2% | 24.3% | 28.7% | 31.9% | 25.0% | −6.8 pts | |
| Operating margin | 11.1% | 12.6% | 9.5% | 14.5% | 14.1% | 10.6% | −3.5 pts | |
| Net margin | 8.0% | 10.5% | 7.7% | 10.1% | 10.2% | 6.7% | −3.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.