| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 2.2 | 2.0 | 2.3 | 1.2 | 2.9 | 1.5 | −48.5% | |
| Cash & short-term investments | 2.2 | 2.0 | 2.3 | 1.2 | 2.9 | 1.5 | −48.5% | |
| Receivables | 2.0 | 3.0 | 3.7 | 4.8 | 4.3 | 3.1 | −28.7% | |
| Inventory | 21.7 | 23.7 | 28.3 | 30.6 | 31.8 | 32.2 | +1.5% | |
| Total current assets | 25.9 | 28.7 | 34.3 | 36.6 | 38.9 | 36.8 | −5.5% | |
| Property, plant & equipment | 5.8 | 8.4 | 10.4 | 10.4 | 10.7 | 9.6 | −10.7% | |
| Goodwill & intangibles | 2.6 | 2.4 | 2.2 | 2.4 | 2.4 | 2.2 | −7.2% | |
| Long-term investments | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.0 | −100.0% | |
| Total assets | 34.6 | 39.9 | 47.4 | 49.8 | 52.3 | 48.5 | −7.2% | |
| Payables | 1.4 | 1.0 | 0.3 | 0.5 | 3.5 | 2.8 | −20.1% | |
| Short-term debt | 15.0 | 0.4 | 0.4 | 0.3 | 3.5 | 7.6 | +114.7% | |
| Total current liabilities | 18.6 | 4.9 | 4.8 | 4.6 | 7.7 | 11.1 | +44.4% | |
| Long-term debt | 0.9 | 6.8 | 17.0 | 23.8 | 25.9 | 26.8 | +3.2% | |
| Total debt | 17.4 | 10.8 | 20.7 | 27.0 | 32.9 | 36.7 | +11.4% | |
| Net debt | 15.3 | 1.6 | 1.0 | 25.8 | 30.0 | 35.2 | +17.1% | |
| Deferred revenue | 0.6 | 0.7 | 0.9 | 1.0 | 0.0 | 0.0 | — | |
| Total liabilities | 21.6 | 16.0 | 25.3 | 31.5 | 37.2 | 40.9 | +9.8% | |
| Total equity | 12.8 | 23.6 | 21.8 | 18.1 | 14.8 | 7.6 | −49.0% | |
| Retained earnings | 12.5 | 8.5 | 6.7 | 2.8 | (0.4) | (7.7) | −1707.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
