Reach Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022	Dec '21 Dec 26, 2021
Revenue	518.4	538.6	568.6	601.4	615.8
Revenue Growth (YoY)	-3.75%	-5.28%	-5.45%	-2.34%	2.60%
Cost of Revenue	300.2	303.4	344.7	375.7	329.4
Gross Profit	218.2	235.2	223.9	225.7	286.4
Selling, General & Admin	379.7	142.8	136.4	139.1	150.6
Operating Expenses	379.7	142.8	136.4	139.1	150.6
Operating Income	-161.5	92.4	87.5	86.6	135.8
Interest Expense	-5.2	-8.2	-4.5	-2.9	-2.7
Interest & Investment Income	0.2	0.2	1	0.1	0.1
Earnings From Equity Investments	0.6	1.5	1.4	1.4	1.6
EBT Excluding Unusual Items	-165.9	85.9	85.4	85.2	134.8
Merger & Restructuring Charges	-	-10.1	-47	-3.9	-26.5
Asset Writedown	-	-0.1	-4.3	-	-
Legal Settlements	-	-1	14.9	-16.2	-29
Other Unusual Items	-	-11.9	-12.3	1.1	-6
Pretax Income	-165.9	62.8	36.7	66.2	73.3
Income Tax Expense	-33.6	9.2	15.2	13.9	70.4
Net Income	-132.3	53.6	21.5	52.3	2.9
Net Income to Common	-132.3	53.6	21.5	52.3	2.9
Net Income Growth	-	149.30%	-58.89%	1703.45%	-
Shares Outstanding (Basic)	316	315	314	312	310
Shares Outstanding (Diluted)	320	320	317	317	319
Shares Change (YoY)	-0.11%	0.89%	0.04%	-0.71%	3.17%
EPS (Basic)	-0.42	0.17	0.07	0.17	0.01
EPS (Diluted)	-0.42	0.17	0.07	0.17	0.01
EPS Growth	-	145.59%	-58.79%	1733.33%	-
Free Cash Flow	19.4	24.7	12.4	17	77.9
Free Cash Flow Per Share	0.06	0.08	0.04	0.05	0.24
Dividend Per Share	-	0.073	0.073	0.073	0.072
Dividend Growth	-	-	-	1.80%	69.25%
Gross Margin	42.09%	43.67%	39.38%	37.53%	46.51%
Operating Margin	-31.15%	17.16%	15.39%	14.40%	22.05%
Profit Margin	-25.52%	9.95%	3.78%	8.70%	0.47%
Free Cash Flow Margin	3.74%	4.59%	2.18%	2.83%	12.65%
EBITDA	-144.5	101.8	101.4	101.8	151.1
EBITDA Margin	-27.87%	18.90%	17.83%	16.93%	24.54%
D&A For EBITDA	17	9.4	13.9	15.2	15.3
EBIT	-161.5	92.4	87.5	86.6	135.8
EBIT Margin	-31.15%	17.16%	15.39%	14.40%	22.05%
Effective Tax Rate	-	14.65%	41.42%	21.00%	96.04%

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