| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 5.9 | 2.7 | 2.0 | 0.2 | 0.4 | 1.2 | +193.8% | |
| Cash & short-term investments | 6.0 | 2.7 | 2.0 | 0.2 | 0.4 | 1.6 | +284.7% | |
| Receivables | 0.6 | 0.1 | 0.9 | 1.2 | 1.7 | 1.0 | −42.5% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | — | |
| Total current assets | 7.5 | 2.9 | 3.0 | 1.5 | 2.5 | 3.9 | +52.9% | |
| Property, plant & equipment | 2.6 | 1.8 | 33.6 | 32.7 | 26.6 | 12.9 | −51.7% | |
| Goodwill & intangibles | 26.8 | 27.9 | 31.9 | 31.2 | 25.6 | 0.0 | −99.8% | |
| Long-term investments | 0.0 | 0.0 | 4.5 | 6.4 | 5.0 | 0.0 | −100.0% | |
| Total assets | 36.9 | 32.7 | 41.0 | 40.5 | 34.2 | 16.8 | −50.9% | |
| Payables | 0.4 | 0.4 | 0.1 | 0.3 | 0.2 | 0.6 | +158.6% | |
| Short-term debt | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | — | |
| Total current liabilities | 1.2 | 0.6 | 0.5 | 0.6 | 0.7 | 3.1 | +344.5% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | — | |
| Net debt | (5.9) | (2.7) | (2.0) | (0.2) | (0.4) | (0.8) | −97.8% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 1.7 | 1.1 | 1.0 | 1.1 | 1.2 | 7.0 | +493.0% | |
| Total equity | 35.1 | 31.5 | 40.0 | 39.4 | 33.0 | 9.6 | −70.8% | |
| Retained earnings | (21.7) | (24.4) | (22.6) | (24.5) | (34.1) | (66.5) | −95.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
