| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 192.8 | 228.0 | 247.2 | 262.7 | 251.8 | 295.8 | +17.5% | |
| Cost of revenue | 84.8 | 105.8 | 120.7 | 123.5 | 117.4 | 142.3 | +21.2% | |
| Gross profit | 108.0 | 122.2 | 126.6 | 139.2 | 134.3 | 153.4 | +14.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 108.7 | 106.6 | 115.1 | 121.9 | 120.9 | 134.6 | +11.3% | |
| Selling & marketing | 85.6 | 88.2 | 95.2 | 100.2 | 101.4 | 108.3 | +6.8% | |
| Operating expenses | 99.3 | 112.7 | 120.6 | 128.1 | 145.7 | 134.6 | −7.7% | |
| Operating income | 8.7 | 18.0 | 14.8 | 11.1 | (11.4) | 18.8 | +265.0% | |
| Interest expense | 3.9 | 4.2 | 4.0 | 4.7 | 5.5 | 7.3 | +33.1% | |
| Interest income | 0.1 | 0.1 | 0.1 | 0.4 | 0.7 | 0.3 | −61.2% | |
| Other income / expense | (3.8) | (4.1) | (3.9) | (4.3) | (4.8) | (10.6) | −119.8% | |
| Pre-tax income | (9.8) | 14.0 | 10.9 | 6.8 | (16.2) | 8.3 | +150.9% | |
| Income tax | (1.8) | 3.3 | 1.8 | 2.9 | (3.4) | 2.3 | +166.6% | |
| Net income | (8.0) | 10.6 | 9.0 | 3.2 | (13.0) | 6.0 | +145.9% | |
| 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) | (0.04) | 0.05 | 0.05 | 0.02 | (0.07) | 0.03 | +146.0% | |
| EPS, diluted (per share) | (0.04) | 0.05 | 0.05 | 0.02 | (0.07) | 0.03 | +146.0% | |
| EBITDA | 22.8 | 45.1 | 39.3 | 35.5 | 12.2 | 33.3 | +172.0% | |
| Depreciation & amortization | 28.7 | 27.0 | 24.3 | 23.9 | 23.0 | 17.7 | −22.9% | |
| Weighted average shares (shares) | 194,971,059 | 195,164,023 | 195,581,637 | 196,681,818 | 196,617,474 | 196,547,219 | −0.0% | |
| Weighted average diluted shares (shares) | 194,971,059 | 197,438,736 | 197,747,427 | 199,273,588 | 196,617,474 | 196,547,219 | −0.0% | |
| Gross margin | 56.0% | 53.6% | 51.2% | 53.0% | 53.4% | 51.9% | −1.5 pts | |
| Operating margin | 4.5% | 7.9% | 6.0% | 4.2% | −4.5% | 6.4% | +10.9 pts | |
| Net margin | −4.1% | 4.7% | 3.6% | 1.2% | −5.2% | 2.0% | +7.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
