Senior Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	986.6	977.1	963.5	848.4	658.7	733.6
Revenue Growth (YoY)	17.05%	1.41%	13.57%	28.80%	-10.21%	-33.95%
Cost of Revenue	811.1	803.4	789.5	698.7	555.7	628.3
Gross Profit	175.5	173.7	174	149.7	103	105.3
Selling, General & Admin	132.8	132.7	135.2	116.5	92.7	282.9
Operating Expenses	132.8	132.7	135.2	116.5	92.7	282.9
Operating Income	42.7	41	38.8	33.2	10.3	-177.6
Interest Expense	-22.2	-21.9	-17.6	-10.6	-8.5	-11
Interest & Investment Income	6.6	6.4	8	0.7	0.5	1.1
Earnings From Equity Investments	2.4	1.3	1	0.4	0.2	0.2
Other Non Operating Income (Expenses)	36.7	-2.6	-0.3	-0.2	-3	-
EBT Excluding Unusual Items	66.2	24.2	29.9	23.5	-0.5	-187.3
Merger & Restructuring Charges	0.4	-0.8	-1.5	-1.2	-	-
Gain (Loss) on Sale of Assets	-	-	0.2	0.1	24.2	-4.5
Other Unusual Items	4.8	4.4	-5.8	-	-	-
Pretax Income	32.8	27.8	22.8	22.4	23.7	-191.8
Income Tax Expense	1.5	1.9	-8.3	2.2	-0.5	-33.3
Net Income	31.3	25.9	31.1	20.2	24.2	-158.5
Net Income to Common	31.3	25.9	31.1	20.2	24.2	-158.5
Net Income Growth	-10.83%	-16.72%	53.96%	-16.53%	-	-
Shares Outstanding (Basic)	415	414	413	415	416	415
Shares Outstanding (Diluted)	425	424	425	427	423	415
Shares Change (YoY)	0.22%	-0.35%	-0.45%	1.04%	1.83%	-0.46%
EPS (Basic)	0.08	0.06	0.08	0.05	0.06	-0.38
EPS (Diluted)	0.07	0.06	0.07	0.05	0.06	-0.38
EPS Growth	-11.06%	-16.39%	54.76%	-17.45%	-	-
Free Cash Flow	10.3	7.9	7.7	29	6.8	23.7
Free Cash Flow Per Share	0.02	0.02	0.02	0.07	0.02	0.06
Dividend Per Share	0.025	0.024	0.023	0.013	-	-
Dividend Growth	2.04%	4.35%	76.92%	-	-	-
Gross Margin	17.79%	17.78%	18.06%	17.64%	15.64%	14.35%
Operating Margin	4.33%	4.20%	4.03%	3.91%	1.56%	-24.21%
Profit Margin	3.17%	2.65%	3.23%	2.38%	3.67%	-21.61%
Free Cash Flow Margin	1.04%	0.81%	0.80%	3.42%	1.03%	3.23%
EBITDA	80.4	78.9	78.5	71.2	47.1	-128
EBITDA Margin	8.15%	8.08%	8.15%	8.39%	7.15%	-17.45%
D&A For EBITDA	37.7	37.9	39.7	38	36.8	49.6
EBIT	42.7	41	38.8	33.2	10.3	-177.6
EBIT Margin	4.33%	4.20%	4.03%	3.91%	1.56%	-24.21%
Effective Tax Rate	4.57%	6.83%	-	9.82%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.