| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 128.1 | 37.5 | (20.8) | 137.6 | 106.9 | 90.8 | −15.0% | |
| Cost of revenue | 4.4 | 4.7 | 5.5 | 6.2 | 0.6 | 7.0 | +1020.7% | |
| Gross profit | 123.7 | 32.8 | (21.0) | 137.4 | 106.2 | 83.8 | −21.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.1 | 1.2 | 1.8 | 1.6 | 1.5 | 2.6 | +69.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.1 | 1.0 | 1.6 | 1.4 | 1.5 | 28.0 | +1753.4% | |
| Operating income | 127.8 | 36.6 | (22.6) | 136.0 | 104.7 | 55.8 | −46.7% | |
| Interest expense | 0.0 | 0.0 | 1.3 | 0.8 | 0.6 | 0.5 | −19.1% | |
| Interest income | 37.4 | 36.7 | 64.5 | 74.8 | 82.2 | 87.5 | +6.5% | |
| Other income / expense | (0.8) | (0.3) | (1.0) | (0.7) | (0.6) | (1.0) | −57.3% | |
| Pre-tax income | 127.0 | 36.3 | (22.6) | 136.0 | 104.7 | 54.8 | −47.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 127.0 | 36.3 | (22.6) | 136.0 | 104.7 | 54.8 | −47.6% | |
| 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) | 0.25 | 0.07 | (0.03) | 0.18 | 0.14 | 0.07 | −50.5% | |
| EPS, diluted (per share) | 0.25 | 0.07 | (0.03) | 0.18 | 0.14 | 0.07 | −50.5% | |
| EBITDA | 127.8 | 36.6 | (21.6) | 136.7 | 104.7 | 54.8 | −47.6% | |
| Depreciation & amortization | 0.0 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 508,514,809 | 512,445,511 | 664,696,773 | 745,285,022 | 747,836,661 | 790,688,700 | +5.7% | |
| Weighted average diluted shares (shares) | 508,514,809 | 512,445,511 | 664,696,773 | 745,285,022 | 747,836,661 | 790,688,700 | +5.7% | |
| Gross margin | 96.6% | 87.4% | 101.1% | 99.8% | 99.4% | 92.3% | −7.1 pts | |
| Operating margin | 99.7% | 97.6% | 108.6% | 98.8% | 98.0% | 61.5% | −36.5 pts | |
| Net margin | 99.1% | 96.7% | 108.6% | 98.8% | 98.0% | 60.4% | −37.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.