FRA:1R4 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
Operating Revenue	63.99	61.66	58.54	53.45	49.51	38.9
Other Revenue	188.54	114.38	74.82	-87.22	147.98	1.89
Revenue	252.53	176.04	133.36	-33.76	197.49	40.79
Revenue Growth (YoY)	25.44%	32.00%	-	-	384.18%	-75.54%
Cost of Revenue	8.52	8.21	8.26	8.41	8.04	4.41
Gross Profit	244.02	167.82	125.11	-42.17	189.46	36.38
Selling, General & Admin	46.67	44.1	41.52	35.95	34.14	27.1
Operating Expenses	46.67	44.1	41.52	35.95	34.14	27.1
Operating Income	197.35	123.72	83.59	-78.12	155.32	9.29
Interest Expense	-6.91	-6.8	-6.81	-6.84	-5.28	-5.28
EBT Excluding Unusual Items	190.45	116.92	76.78	-84.96	150.04	4.01
Merger & Restructuring Charges	-	-	-	-	-	0.12
Impairment of Goodwill	-17.04	-17.04	-	-	-	-
Other Unusual Items	-1.04	-1.04	-	-	-	-
Pretax Income	172.37	98.85	76.78	-84.96	150.04	4.13
Income Tax Expense	2.42	1.9	1.63	1.39	1.21	1.18
Net Income	169.96	96.95	75.15	-86.35	148.83	2.95
Net Income to Common	169.96	96.95	75.15	-86.35	148.83	2.95
Net Income Growth	20.87%	29.00%	-	-	4943.48%	-97.73%
Shares Outstanding (Basic)	132	131	130	126	121	118
Shares Outstanding (Diluted)	132	131	130	126	121	118
Shares Change (YoY)	1.00%	0.95%	3.33%	3.53%	2.66%	0.00%
EPS (Basic)	1.29	0.74	0.58	-0.69	1.23	0.02
EPS (Diluted)	1.29	0.74	0.58	-0.69	1.23	0.02
EPS Growth	19.70%	27.83%	-	-	4811.90%	-97.73%
Free Cash Flow	48.85	46.61	43.36	38.63	30.59	30.72
Free Cash Flow Per Share	0.37	0.36	0.33	0.31	0.25	0.26
Dividend Per Share	0.343	0.335	0.320	0.305	0.290	0.275
Dividend Growth	4.58%	4.69%	4.92%	5.17%	5.46%	5.77%
Gross Margin	96.63%	95.34%	93.81%	-	95.93%	89.20%
Operating Margin	78.15%	70.28%	62.68%	-	78.65%	22.77%
Profit Margin	67.30%	55.07%	56.35%	-	75.36%	7.23%
Free Cash Flow Margin	19.34%	26.48%	32.51%	-	15.49%	75.32%
EBITDA	198.37	124.66	84.36	-77.42	155.88	9.33
EBITDA Margin	78.55%	70.81%	63.26%	-	78.93%	22.86%
D&A For EBITDA	1.02	0.94	0.77	0.7	0.56	0.04
EBIT	197.35	123.72	83.59	-78.12	155.32	9.29
EBIT Margin	78.15%	70.28%	62.68%	-	78.65%	22.77%
Effective Tax Rate	1.40%	1.92%	2.12%	-	0.81%	28.53%
Revenue as Reported	252.53	176.04	133.36	-33.76	197.49	40.79

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