| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7 | 2.1 | 2.3 | 2.2 | 2.4 | 2.6 | +6.1% | |
| Cost of revenue | 1.6 | 2.0 | 2.1 | 2.2 | 2.3 | 2.4 | +6.0% | |
| Gross profit | 0.1 | 0.2 | 0.2 | 2.2 | 2.4 | 0.1 | −95.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 0.0 | 0.0 | 1.5 | 0.0 | 0.0 | −75.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.6 | 0.0 | 0.0 | 2.2 | 2.3 | 0.0 | −99.9% | |
| Operating income | 0.1 | 0.2 | 0.2 | 0.0 | 0.1 | 0.1 | +59.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −14.7% | |
| Other income / expense | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | (0.0) | −214.5% | |
| Pre-tax income | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | +14.4% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −22.6% | |
| Net income | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | +32.3% | |
| 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) | 0.49 | 1.05 | 0.87 | 0.30 | 0.39 | 0.52 | +33.3% | |
| EPS, diluted (per share) | 0.48 | 1.00 | 0.82 | 0.29 | 0.37 | 0.49 | +32.4% | |
| EBITDA | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | +31.1% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −1.6% | |
| Weighted average shares (shares) | 138,000,000 | 139,400,000 | 137,300,000 | 135,900,000 | 136,000,000 | 136,300,000 | +0.2% | |
| Weighted average diluted shares (shares) | 141,100,000 | 146,500,000 | 145,200,000 | 141,700,000 | 144,086,021 | 143,800,000 | −0.2% | |
| Gross margin | 5.6% | 9.0% | 7.0% | 100.0% | 100.0% | 4.7% | −95.3 pts | |
| Operating margin | 5.5% | 9.2% | 6.9% | 1.9% | 3.1% | 4.6% | +1.5 pts | |
| Net margin | 3.9% | 6.8% | 5.2% | 1.8% | 2.2% | 2.8% | +0.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
