| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.3 | 0.0 | 1.1 | 1.2 | 0.6 | 0.2 | −58.7% | |
| Cash & short-term investments | 1.2 | 3.5 | 3.6 | 4.2 | 1.9 | 0.2 | −87.2% | |
| Receivables | 0.5 | 1.3 | 2.3 | 1.6 | 1.4 | 0.7 | −52.6% | |
| Inventory | (0.3) | (0.7) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 0.8 | 1.4 | 3.4 | 6.4 | 0.6 | 0.9 | +54.5% | |
| Property, plant & equipment | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 158.7 | 210.8 | 182.2 | 165.7 | 179.3 | 204.8 | +14.2% | |
| Total assets | 159.5 | 212.2 | 185.6 | 171.6 | 181.3 | 207.3 | +14.3% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 19.9 | 25.0 | 25.0 | 20.9 | 22.5 | 22.5 | +0.1% | |
| Total current liabilities | 20.3 | 29.3 | 28.1 | 21.7 | 22.9 | 22.5 | −1.7% | |
| Long-term debt | 19.9 | 25.0 | 25.0 | 20.9 | 22.5 | 22.5 | +0.1% | |
| Total debt | 19.9 | 25.0 | 25.0 | 20.9 | 22.5 | 22.5 | +0.1% | |
| Net debt | 19.6 | 24.9 | 23.9 | 19.7 | 21.9 | 22.2 | +1.7% | |
| Deferred revenue | 0.0 | (25.0) | (25.0) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 19.9 | 29.3 | 28.1 | 21.7 | 22.9 | 23.0 | +0.3% | |
| Total equity | 139.2 | 182.9 | 157.5 | 149.9 | 158.4 | 184.3 | +16.4% | |
| Retained earnings | 62.2 | 106.0 | 80.5 | 72.9 | 81.5 | 10.6 | −87.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
