| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.7 | 1.0 | 1.5 | 1.3 | 1.1 | 1.0 | −6.2% | |
| Cost of revenue | 0.5 | 0.7 | 1.1 | 0.9 | 0.8 | 0.8 | −3.8% | |
| Gross profit | 0.2 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | −11.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | −4.3% | |
| Selling & marketing | 0.1 | 0.3 | 0.6 | 0.3 | 0.0 | 0.0 | — | |
| Operating expenses | 0.2 | 0.3 | 0.3 | 0.4 | 0.6 | 0.3 | −42.4% | |
| Operating income | 0.0 | 0.1 | (0.0) | (0.1) | (0.2) | (0.0) | +88.2% | |
| Interest expense | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | +230.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Other income / expense | (0.0) | (0.1) | (0.1) | (0.1) | (0.0) | (0.3) | −645.7% | |
| Pre-tax income | (0.0) | (0.0) | (0.1) | (0.1) | (0.3) | (0.3) | −25.7% | |
| Income tax | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | +66.5% | |
| Net income | 0.0 | (0.0) | (0.1) | (0.1) | (0.3) | (0.3) | −23.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | +100.0% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.02 | (0.11) | (0.79) | (0.94) | (1.91) | (2.84) | −48.7% | |
| EPS, diluted (per share) | 0.02 | (0.11) | (0.79) | (0.94) | (2.32) | (2.84) | −22.4% | |
| EBITDA | 0.1 | 0.1 | 0.1 | 0.1 | (0.1) | 0.1 | +188.9% | |
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −8.6% | |
| Weighted average shares (shares) | 122,257,000 | 116,858,000 | 115,746,000 | 115,046,114 | 138,545,512 | 114,846,000 | −17.1% | |
| Weighted average diluted shares (shares) | 122,787,000 | 116,858,000 | 115,746,000 | 115,046,000 | 113,745,000 | 114,846,000 | +1.0% | |
| Gross margin | 31.4% | 31.8% | 27.2% | 30.7% | 30.1% | 28.3% | −1.8 pts | |
| Operating margin | 6.2% | 6.7% | −1.6% | −4.1% | −20.2% | −2.5% | +17.6 pts | |
| Net margin | 0.4% | −1.2% | −6.2% | −8.5% | −23.6% | −31.1% | −7.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
