| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 102.0 | 131.4 | 148.9 | 176.4 | 210.8 | 266.5 | +26.5% | |
| Cost of revenue | 18.1 | 24.7 | 26.9 | 30.9 | 39.1 | 58.6 | +49.7% | |
| Gross profit | 83.9 | 106.8 | 122.0 | 145.4 | 171.6 | 208.0 | +21.2% | |
| Research & development | 24.2 | 33.8 | 38.7 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 68.2 | 97.7 | 97.7 | 94.7 | 107.3 | 130.5 | +21.6% | |
| Selling & marketing | 40.4 | 46.2 | 58.5 | 50.9 | 57.2 | 71.5 | +25.0% | |
| Operating expenses | 93.0 | 130.9 | 138.0 | 146.1 | 167.8 | 192.2 | +14.5% | |
| Operating income | (9.1) | (24.2) | (16.0) | (0.6) | 3.8 | 15.8 | +315.1% | |
| Interest expense | 1.8 | 2.3 | 1.5 | 1.9 | 1.6 | 2.0 | +23.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.5 | 0.3 | 0.3 | +3.1% | |
| Other income / expense | (3.9) | (2.5) | 0.9 | (1.3) | 1.4 | (1.4) | −202.7% | |
| Pre-tax income | (12.9) | (26.6) | (15.0) | (1.9) | 5.2 | 14.4 | +177.6% | |
| Income tax | (0.7) | (0.7) | (0.4) | (9.1) | (1.1) | 6.5 | +714.6% | |
| Net income | (12.3) | (25.9) | (14.6) | 7.1 | 6.2 | 7.9 | +27.1% | |
| 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) | (0.03) | (0.07) | (0.04) | 0.02 | 0.02 | 0.02 | +29.3% | |
| EPS, diluted (per share) | (0.03) | (0.06) | (0.04) | 0.02 | 0.01 | 0.02 | +30.7% | |
| EBITDA | (5.4) | (16.2) | (6.7) | 8.9 | 17.7 | 27.8 | +57.1% | |
| Depreciation & amortization | 5.7 | 8.1 | 7.4 | 9.0 | 10.9 | 12.2 | +11.8% | |
| Weighted average shares (shares) | 409,204,774 | 398,369,230 | 415,086,000 | 417,797,000 | 415,801,000 | 408,672,000 | −1.7% | |
| Weighted average diluted shares (shares) | 409,204,774 | 401,445,000 | 415,086,000 | 439,735,000 | 442,243,000 | 433,717,000 | −1.9% | |
| Gross margin | 82.3% | 81.2% | 81.9% | 82.5% | 81.4% | 78.0% | −3.4 pts | |
| Operating margin | −8.9% | −18.4% | −10.7% | −0.4% | 1.8% | 5.9% | +4.1 pts | |
| Net margin | −12.0% | −19.7% | −9.8% | 4.0% | 3.0% | 3.0% | +0.0 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.
