NCC Group plc Annual Report 2022

Notes to the Financial Statements continued for the year ended 31 May 2022

3 Alternative Performance Measures (APMs) and adjusting items continued Constant currency revenue continued Software Resilience continued Software Resilience revenue analysis – by originating country excluding the performance of IPM:

Constant currency revenue 2021 £m

% change at constant currency

Revenue 2022 £m

Revenue 2022 £m

Revenue 2021 £m

% change at actual rates

24.5

24.5

UK

25.2 (2.8%)

25.2 (2.8%)

7.5 4.1

7.5 4.1

North America

7.3 4.1

2.7%

7.1 4.0

5.6% 2.5%

Europe

Total Software Resilience revenue excluding IPM

36.1

36.1

36.6 (1.4%)

36.3 (0.6%)

20.2

20.2

IPM

n/a

n/a

Total Software Resilience revenue

56.3

56.3

36.6 53.8%

36.3 55.1%

Constant currency revenue H1 2021 £m

% change at constant currency

Revenue H1 2022 £m

Revenue H1 2022 £m

Revenue H1 2021 £m

% change at actual rates

12.2

12.2

UK

12.8 (4.7%) 3.7 (8.1%)

12.8 (4.7%)

3.4 2.0

3.4 2.0

North America

3.4 2.0

– –

Europe

2.0

Total Software Resilience revenue excluding IPM

17.6

17.6

18.5 (4.9%)

18.2 (3.3%)

9.3

9.3

IPM

n/a

n/a

Total Software Resilience revenue

26.9

26.9

18.5 45.4%

18.2 47.8%

Constant currency revenue H2 2021 £m

% change at constant currency

Revenue H2 2022 £m

Revenue H2 2022 £m

Revenue H2 2021 £m

% change at actual rates

12.3

12.3

UK

12.4 (0.8%) 3.6 13.9%

12.4 (0.8%) 3.7 10.8%

4.1 2.1

4.1 2.1

North America

Europe

2.1

2.0

5.0%

Total Software Resilience revenue excluding IPM

18.5

18.5

18.1

2.2%

18.1

2.2%

10.9

10.9

IPM

n/a

n/a

Total Software Resilience revenue

29.4

29.4

18.1 62.4%

18.1 62.4%

Software Resilience revenues analysed by service line:

Constant currency revenue 2021 £m

% change at constant currency

Revenue 2022 £m

Revenue 2022 £m

Revenue 2021 £m

% change at actual rates

38.1 18.2

38.1 18.2

Software Resilience contracts

24.0 58.8% 12.6 44.4%

23.8 60.1% 12.5 45.6%

Verification services

Total Software Resilience revenue

56.3

56.3

36.6 53.8%

36.3 55.1%

Software Resilience revenues analysed by service line excluding the performance of IPM:

Constant currency revenue 2021 £m

% change at constant currency

Revenue 2022 £m

Revenue 2022 £m

Revenue 2021 £m

% change at actual rates

22.6 13.5

22.6 13.5

Software Resilience contracts

24.0 (5.8%)

23.8 (5.0%)

Verification services

12.6

7.1%

12.5

8.0%

Total Software Resilience revenue excluding IPM

36.1

36.1

36.6 (1.4%)

36.3 (0.6%)

168

NCC Group plc — Annual report and accounts for the year ended 31 May 2022

Made with FlippingBook Online newsletter maker