 

2025

 

2024

 

2023

£ 000

Net profit/(loss) for the year for basic earnings per share

232,928

(781,240)

(59,946)

Adjustment for calculation of diluted earnings per share:

Fair value movements on financial liabilities at fair value through profit and loss

(318,035)

—

In-kind interest on financial liabilities at fair value through profit and loss

12,205

—

Net loss for the year for diluted earnings per share

(72,902)

(781,240)

(59,946)

No. of shares

Weighted average issued shares for basic earnings per share

88,659,393

20,315,572

19,125,061

Adjustment for calculation of diluted earnings per share upon conversion of:

Financial liabilities at fair value through profit and loss

38,519,089

—

Weighted average issued shares for diluted earnings per share

127,178,482

20,315,572

19,125,061

£

Basic earnings/(loss) per share

2.63

(38.46)

(3.13)

Diluted loss per share

(0.57)

(38.46)

(3.13)