Building the Replacement Infrastructure for the World's Money

We generated £638m of gross profit, +73% YoY. Notes: 1Comparison is FY23 to FY22 and FY22 to FY21. ²This includes Cost of sales and Net credit losses on financial assets. Gross profit (£m) Gross profit margin 62% 66% 66% Total Income 1000 750 FY23 YOY¹ 326.0 COS2 73% Gross 500 188.0 73% Profit 160.5 638.2 250 369.1 262.1 FY21 FY22 FY23 42

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