| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8 | 1.9 | 2.2 | 2.3 | 2.4 | 2.8 | +16.7% | |
| Cost of revenue | 0.7 | 0.8 | 0.9 | 1.8 | 0.2 | 1.1 | +473.8% | |
| Gross profit | 1.1 | 1.2 | 1.3 | 0.5 | 2.2 | 1.7 | −23.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 0.6 | 0.7 | 0.0 | 0.0 | 0.0 | +2.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.6 | 0.6 | 0.7 | 0.1 | 1.6 | 0.8 | −53.3% | |
| Operating income | 0.5 | 0.6 | 0.6 | 0.5 | 0.6 | 1.0 | +58.5% | |
| Interest expense | 0.2 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | −7.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | −58.8% | |
| Other income / expense | (0.2) | (0.3) | (0.4) | (0.3) | (0.3) | (0.4) | −52.5% | |
| Pre-tax income | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.5 | +63.7% | |
| Income tax | 0.1 | 0.4 | 0.0 | 0.1 | 0.1 | 0.2 | +68.7% | |
| Net income | 0.2 | (0.1) | 0.1 | 0.1 | 0.2 | 0.4 | +61.7% | |
| 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) | 0.89 | (0.35) | 0.53 | 0.51 | 0.77 | 1.24 | +61.0% | |
| EPS, diluted (per share) | 0.89 | (0.35) | 0.52 | 0.51 | 0.76 | 1.23 | +61.8% | |
| EBITDA | 0.9 | 1.0 | 1.0 | 0.9 | 1.2 | 1.4 | +25.2% | |
| Depreciation & amortization | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | +9.6% | |
| Weighted average shares (shares) | 238,100,000 | 247,900,000 | 250,800,000 | 275,442,043 | 300,261,780 | 300,400,000 | +0.0% | |
| Weighted average diluted shares (shares) | 239,400,000 | 247,900,000 | 251,900,000 | 275,700,000 | 300,200,000 | 301,500,000 | +0.4% | |
| Gross margin | 60.2% | 60.3% | 58.6% | 22.9% | 92.0% | 60.5% | −31.5 pts | |
| Operating margin | 28.9% | 28.6% | 26.5% | 20.2% | 24.7% | 33.6% | +8.9 pts | |
| Net margin | 11.6% | −4.5% | 6.1% | 6.0% | 9.5% | 13.1% | +3.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.