| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118.6 | 377.0 | 579.0 | 234.4 | (33.6) | 400.2 | +1289.9% | |
| Cost of revenue | 26.4 | 26.7 | 27.5 | 35.6 | 94.1 | 23.2 | −75.3% | |
| Gross profit | 92.2 | 350.2 | 1,025.1 | 234.4 | (33.6) | 377.0 | +1220.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 10.6 | 6.2 | 7.1 | 40.4 | 7.0 | 6.0 | −13.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 29.0 | 29.6 | 38.5 | 40.4 | 21.8 | 475.6 | +2083.8% | |
| Operating income | 126.4 | 393.9 | 986.6 | 194.0 | (55.4) | (98.6) | −77.9% | |
| Interest expense | 18.4 | 23.1 | 27.5 | 58.8 | 94.1 | 94.0 | −0.1% | |
| Interest income | 20.8 | 39.8 | 51.3 | 62.8 | 74.7 | 394.8 | +428.6% | |
| Other income / expense | (21.4) | (30.7) | (32.8) | (67.4) | (105.3) | (94.0) | +10.7% | |
| Pre-tax income | 105.0 | 363.2 | 953.9 | 126.6 | (55.4) | (192.6) | −247.6% | |
| Income tax | 0.6 | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 | — | |
| Net income | 104.4 | 363.2 | 953.9 | 126.2 | (55.4) | (192.6) | −247.6% | |
| 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) | 0.07 | 0.18 | 0.41 | 0.05 | (0.02) | (0.09) | −258.4% | |
| EPS, diluted (per share) | 0.07 | 0.18 | 0.41 | 0.05 | (0.02) | (0.09) | −258.4% | |
| EBITDA | 126.4 | 393.9 | 986.6 | 194.0 | (38.7) | (98.6) | −155.1% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 1,984,849,617 | 1,984,849,617 | 2,317,629,517 | 2,317,758,378 | 2,282,844,863 | 2,211,263,130 | −3.1% | |
| Weighted average diluted shares (shares) | 1,984,849,617 | 1,984,849,617 | 2,317,629,517 | 2,317,758,378 | 2,282,844,863 | 2,211,263,130 | −3.1% | |
| Gross margin | 77.7% | 92.9% | 177.0% | 100.0% | 100.0% | 94.2% | −5.8 pts | |
| Operating margin | 106.6% | 104.5% | 170.4% | 82.8% | 164.8% | −24.6% | −189.4 pts | |
| Net margin | 88.0% | 96.4% | 164.7% | 53.8% | 164.8% | −48.1% | −212.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
