| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 406.0 | 596.3 | 686.0 | 649.9 | 721.4 | 670.2 | −7.1% | |
| Cost of revenue | 275.6 | 388.9 | 440.3 | 496.6 | 536.8 | 478.9 | −10.8% | |
| Gross profit | 130.4 | 207.4 | 245.7 | 153.3 | 184.6 | 191.3 | +3.6% | |
| Research & development | 0.2 | 0.6 | 0.7 | 1.2 | 1.0 | 0.3 | −66.9% | |
| Selling, general & administrative | 14.1 | 12.7 | 14.1 | 50.4 | 19.5 | 18.2 | −6.8% | |
| Selling & marketing | 0.3 | 0.1 | 0.3 | 36.7 | 39.5 | 0.0 | −100.0% | |
| Operating expenses | 34.3 | 33.5 | 61.1 | 58.6 | 65.1 | 65.7 | +1.0% | |
| Operating income | 87.6 | 178.8 | 184.5 | 94.7 | 119.6 | 125.6 | +5.0% | |
| Interest expense | 6.9 | 4.9 | 4.8 | 7.1 | 11.9 | 7.1 | −40.6% | |
| Interest income | 0.9 | 1.4 | 1.4 | 4.0 | 8.6 | 8.4 | −2.4% | |
| Other income / expense | (11.9) | 6.4 | 35.7 | 19.6 | (1.9) | (8.0) | −327.6% | |
| Pre-tax income | 75.8 | 185.3 | 220.2 | 114.3 | 117.7 | 117.6 | −0.1% | |
| Income tax | 20.8 | 53.7 | 53.1 | 27.6 | 35.0 | 36.7 | +4.8% | |
| Net income | 43.3 | 100.5 | 153.9 | 82.2 | 82.9 | 79.1 | −4.5% | |
| 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) | 0.16 | 0.37 | 0.54 | 0.27 | 0.27 | 0.26 | −3.7% | |
| EPS, diluted (per share) | 0.16 | 0.37 | 0.54 | 0.27 | 0.27 | 0.26 | −3.7% | |
| EBITDA | 110.6 | 200.5 | 232.1 | 160.7 | 184.3 | 189.6 | +2.9% | |
| Depreciation & amortization | 27.9 | 32.6 | 36.8 | 39.2 | 54.7 | 65.0 | +18.8% | |
| Weighted average shares (shares) | 266,611,000 | 268,859,000 | 285,776,000 | 299,816,000 | 309,621,015 | 306,208,333 | −1.1% | |
| Weighted average diluted shares (shares) | 267,355,000 | 269,458,000 | 285,901,000 | 302,712,000 | 311,300,000 | 300,353,000 | −3.5% | |
| Gross margin | 32.1% | 34.8% | 35.8% | 23.6% | 25.6% | 28.5% | +3.0 pts | |
| Operating margin | 21.6% | 30.0% | 26.9% | 14.6% | 16.6% | 18.7% | +2.2 pts | |
| Net margin | 10.7% | 16.8% | 22.4% | 12.7% | 11.5% | 11.8% | +0.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
