| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.5 | 0.0 | 2.8 | 2.1 | 8.5 | 0.0 | −100.0% | |
| Cash & short-term investments | 1.5 | 0.0 | 2.8 | 2.1 | 8.5 | 0.0 | −100.0% | |
| Receivables | 4.7 | 0.0 | 0.5 | 14.5 | 0.0 | 11.0 | — | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 6.3 | 0.0 | 3.3 | 16.7 | 8.5 | 11.0 | +29.9% | |
| 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 | 643.3 | 427.4 | 357.2 | 394.8 | 0.7 | 291.2 | +38985.0% | |
| Total assets | 649.5 | 427.4 | 360.5 | 411.4 | 226.6 | 302.2 | +33.4% | |
| Payables | 1.4 | 0.5 | 6.2 | 0.2 | 0.4 | 7.2 | +1686.7% | |
| Short-term debt | 26.8 | 31.7 | 20.2 | 47.1 | 0.0 | 12.3 | — | |
| Total current liabilities | 48.1 | 33.2 | 30.2 | 52.5 | 0.4 | 12.3 | +2941.7% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 26.8 | 31.7 | 20.2 | 47.1 | 0.0 | 12.3 | — | |
| Net debt | 25.3 | 31.7 | 17.4 | 44.9 | (8.5) | 12.3 | +245.7% | |
| Deferred revenue | (26.8) | (31.7) | (20.2) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 48.1 | 33.2 | 30.2 | 50.1 | 5.4 | 20.3 | +274.8% | |
| Total equity | 601.5 | 394.2 | 330.3 | 361.3 | 221.2 | 281.9 | +27.4% | |
| Retained earnings | 78.3 | (108.6) | (51.7) | (1.0) | (1.0) | (1.4) | −44.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
