Also trades as: TTBXF (OTC) · $vol 0M

£140.80 ($1.86)

-0.10 (-0.07%)

Weekly Expected Move ±3.0%

£132 £137 £141 £145 £149

LSE · Real Estate · REIT - Industrial · Tech Score Strong Sell · Power 30 · £3.8B mcap · 2.34B float · 0.384% daily turnover

Revenue

$344M +17.1% ▲

5Y CAGR: -6.7%

Gross Profit

$292M +5.8% ▲

5Y CAGR: -8.9%

Operating Income

$278M -46.1% ▼

5Y CAGR: -9.2%

Net Income

$363M -18.5% ▼

5Y CAGR: -4.2%

EPS (Diluted)

$0.14 -30.0% ▼

5Y CAGR: -11.6%

EBITDA

$441M +65.9% ▲

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$996M	-$574M	$229M	$294M	$344M
YoY Growth	+104.4%	-157.6%	+139.9%	+28.6%	+17.1%
Cost of Revenue	$31M	$34M	$6M	$18M	$52M
Gross Profit	$965M	-$608M	$222M	$276M	$292M
Gross Margin	96.9%	106.0%	97.2%	93.8%	84.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$10M	$20M	$33M	$34M	$0
Operating Expenses	$25M	$27M	$113M	-$238M	$14M
Operating Income	$971M	-$562M	$191M	$515M	$278M
Operating Margin	97.5%	98.0%	83.3%	174.9%	80.6%
Interest Expense	$36M	$39M	$53M	$71M	$77M
Income Before Tax	$971M	-$601M	$71M	$446M	$363M
Tax Expense	-$2M	-$2M	$600K	$300K	$0
Net Income	$973M	-$599M	$70M	$446M	$363M
Net Margin	97.6%	104.5%	30.6%	151.4%	105.5%
EPS (Diluted)	$0.55	$-0.32	$0.04	$0.20	$0.14
EBITDA	$0	$0	$179M	$266M	$441M
Shares Outstanding	1.77B	1.87B	1.88B	2.26B	2.53B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$115M	$112M	$116M	$143M	$164M	$80M	$170M	$187M
Cost of Revenue	$5M	$3M	$26M	$3M	$15M	$6M	$12M	$27M
Gross Profit	$110M	$109M	$90M	$139M	$149M	$75M	$158M	$159M
Gross Margin	95.9%	97.2%	77.4%	97.7%	90.9%	93.1%	93.2%	85.3%
R&D Expenses	$100K	$5M	$6M	$0	$0	$0	$0	$0
SG&A Expenses	$14M	$16M	$16M	$16M	$18M	$9M	$0	$0
Operating Expenses	$1.1B	$17M	$126M	$94M	-$145M	-$28M	$21M	$8M
Operating Income	$104M	$96M	$81M	$124M	$294M	$103M	$137M	$151M
Operating Margin	90.7%	85.3%	70.0%	86.8%	179.6%	128.1%	80.8%	80.8%
Interest Expense	$24M	$27M	$30M	$0	$0	$0	$40M	$49M
Income Before Tax	-$1.1B	$102M	-$32M	$190M	$256M	$84M	$195M	$76M
Tax Expense	-$2M	$2M	-$1M	$3M	-$3M	$750K	-$2M	$0
Net Income	-$1.1B	$101M	-$31M	$187M	$258M	$83M	$196M	$76M
Net Margin	-919.3%	89.6%	-26.5%	131.1%	157.8%	104.1%	115.7%	40.6%
EPS (Diluted)	$-0.57	$0.05	$-0.02	$0.09	$0.10	$0.03	$0.08	$0.03
EBITDA	$105M	$96M	$81M	$123M	$142M	$72M	$235M	$124M
Shares Outstanding	1.87B	1.87B	1.90B	2.05B	2.48B	2.48B	2.57B	2.71B

BBOX.L LSE