W 
833.00p
-0.67%
Close of 9 Nov 2026, in pence
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in GBP, from our data supplier.
Revenue, before interest expense
£1.53bn
FY2017FY2026
Net income
£281.8m
FY2017FY2026
Total assets
£18.79bn
FY2017FY2026
Shareholders' equity
£1.09bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | £1.53bn | £1.81bn | £1.54bn | £986.3m | £559.9m | £421.0m | £302.6m | £177.9m | £117.3m | £66.3m |
| Research and development | £324.4m | £65.9m | £53.5m | £42.7m | £25.0m | £19.9m | — | — | £2.8m | — |
| Operating income | £339.1m | £579.6m | £501.9m | £157.2m | £48.7m | £44.9m | £23.6m | £12.2m | £9.5m | −£519,000 |
| Net income | £281.8m | £416.7m | £354.6m | £114.0m | £32.9m | £30.9m | £15.0m | £10.3m | £6.2m | £6.2m |
| Diluted earnings per share | 0.36 | 0.40 | 0.34 | 0.11 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £18.79bn | £19.25bn | £15.14bn | £11.90bn | £7.56bn | £4.30bn | £2.38bn | £1.11bn | £378.4m | £128.4m |
| Cash and short-term investments | £18.30bn | £12.83bn | £9.22bn | £7.65bn | £2.32bn | £1.62bn | £2.19bn | £965.8m | £156.6m | £71.4m |
| Total liabilities | £17.70bn | £17.86bn | £14.16bn | £11.33bn | £7.16bn | £4.02bn | £2.18bn | £986.3m | £271.0m | £79.7m |
| Debt | £273.3m | £185.6m | £224.2m | £264.4m | £95.7m | £98.7m | £63.8m | £13.9m | £20.2m | £11.0m |
| Shareholders' equity | £1.09bn | £1.39bn | £979.9m | £576.9m | £409.2m | £285.3m | £196.8m | £126.4m | £107.4m | £48.7m |
| Shares outstanding | 779m | 1,041m | 1,048m | 1,078m | 1,073m | 1,038m | 1,013m | 779m | 779m | 779m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | £813.2m | £716.4m | £951.7m | £807.8m | £881.2m | £656.0m | £548.2m | £419.7m |
| Operating income | £166.0m | £173.1m | £287.5m | £301.9m | £214.0m | £140.6m | £102.2m | £55.0m |
| Net income | £141.9m | £139.8m | £199.4m | £217.3m | £1.02bn | £995.1m | £76.7m | £37.3m |
| Diluted earnings per share | 0.18 | 0.13 | 0.19 | 0.21 | 0.98 | 0.92 | 0.07 | 0.03 |
| Total assets | £18.79bn | £16.52bn | £19.25bn | £16.51bn | £15.14bn | £13.87bn | £11.90bn | £10.22bn |
| Cash and short-term investments | £18.30bn | £1.18bn | £12.83bn | £15.92bn | £5.09bn | £13.32bn | £7.65bn | £9.82bn |
| Debt | £258.2m | £209.8m | £109.7m | £10.1m | £407.8m | £298.8m | £256.6m | £164.1m |
| Shareholders' equity | £1.09bn | £1.07bn | £1.39bn | £1.17bn | £979.9m | £740.6m | £576.9m | £457.4m |
Financial ratios
Data as of 7 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 25.1% | 32.1% | 32.7% | 15.9% | 8.7% | 10.7% |
| Net margin | 18.4% | 23.1% | 23.1% | 11.6% | 5.9% | 7.3% |
| Return on equity | 25.9% | 30.1% | 36.2% | 19.8% | 8.0% | 10.8% |
| Return on assets | 1.5% | 2.2% | 2.3% | 1.0% | 0.4% | 0.7% |
| Revenue growth | 13.4% | 17.5% | 55.9% | 76.2% | 33.0% | 39.1% |
| Earnings growth | -9.5% | 17.5% | 211.1% | 246.5% | 6.5% | 106.0% |
| Current ratio | 1467.09x | 1.08x | 1.08x | 1.04x | 1.05x | 1.07x |
| Debt to equity | 0.24x | 0.08x | 0.21x | 0.44x | 0.21x | 0.29x |
| Equity ratio | 5.8% | 7.2% | 6.5% | 4.8% | 5.4% | 6.6% |
| Interest coverage | 34.87x | 37.68x | 24.72x | 15.72x | 4.23x | 5.91x |
| R&D as a share of sales | 21.2% | 3.6% | 3.5% | 4.3% | 4.5% | 4.7% |
| Buybacks as a share of market value | 25.1% | 0.7% | 2.8% | -0.5% | -3.4% | -2.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 15.8% | 29.4% | 49.3% |
| Operating income | 29.2% | 49.8% | — |
| Net income | 35.2% | 55.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 27.5% | 26.9% | 24.4% | 22.6% |
| Net margin | 20.9% | 19.9% | 18.0% | 16.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Price to earnings | 22.3 | 22.3 | 31.5 | 82.7 | 183.5 | 254.0 |
| Price to sales | 4.1 | 5.1 | 7.3 | 9.6 | 10.8 | 18.6 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.