IPXAF Income Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	141.87	170.11	178.37	175.4	143.06
Revenue Growth (YoY)	-16.60%	-4.63%	1.69%	22.61%	63.47%
Cost of Revenue	77.63	91.36	93.24	86.63	75.93
Gross Profit	64.24	78.75	85.12	88.77	67.12
Selling, General & Admin	20.39	19.31	19.03	12.93	10.57
Research & Development	1.41	1.58	1.17	0.98	0.78
Other Operating Expenses	7.64	6.62	7.24	5.42	4.12
Operating Expenses	32.81	30.77	30.88	23.59	19.52
Operating Income	31.44	47.99	54.25	65.18	47.6
Interest Expense	-0.42	-0.43	-0.5	-0.57	-0.55
Interest & Investment Income	2.88	3.31	2.87	0.55	0.13
Currency Exchange Gain (Loss)	-1.09	-3.58	-4.77	7.25	-1.42
EBT Excluding Unusual Items	32.8	47.28	51.84	72.41	45.76
Merger & Restructuring Charges	-4.02	1.04	-	-	-
Gain (Loss) on Sale of Investments	-0.94	0.62	0.27	0.15	0.16
Other Unusual Items	-	0.02	-	-	-0.17
Pretax Income	27.84	48.97	52.11	72.56	45.75
Income Tax Expense	7.54	12.49	12.88	13.08	5.5
Earnings From Continuing Operations	20.29	36.48	39.22	59.48	40.25
Net Income	20.29	36.48	39.22	59.48	40.25
Net Income to Common	20.29	36.48	39.22	59.48	40.25
Net Income Growth	-44.37%	-7.00%	-34.06%	47.80%	192.95%
Shares Outstanding (Basic)	127	128	129	129	128
Shares Outstanding (Diluted)	128	129	132	133	133
Shares Change (YoY)	-0.57%	-1.82%	-1.20%	0.38%	5.44%
EPS (Basic)	0.16	0.29	0.30	0.46	0.32
EPS (Diluted)	0.16	0.28	0.30	0.45	0.30
EPS Growth	-43.97%	-5.37%	-33.33%	47.52%	188.57%
Free Cash Flow	23.34	49.56	37.83	70.48	55.11
Free Cash Flow Per Share	0.18	0.38	0.29	0.53	0.41
Dividend Per Share	0.120	0.276	0.276	0.276	0.206
Dividend Growth	-56.52%	-	-	33.98%	139.53%
Gross Margin	45.28%	46.29%	47.72%	50.61%	46.92%
Operating Margin	22.16%	28.21%	30.41%	37.16%	33.27%
Profit Margin	14.30%	21.44%	21.99%	33.91%	28.13%
Free Cash Flow Margin	16.45%	29.13%	21.21%	40.18%	38.52%
EBITDA	34.64	51.13	57.6	68.14	50.37
EBITDA Margin	24.42%	30.05%	32.29%	38.85%	35.21%
D&A For EBITDA	3.21	3.14	3.35	2.96	2.77
EBIT	31.44	47.99	54.25	65.18	47.6
EBIT Margin	22.16%	28.21%	30.41%	37.16%	33.27%
Effective Tax Rate	27.10%	25.50%	24.73%	18.02%	12.03%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.