| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 20.8 | 29.9 | 56.1 | 52.5 | 28.7 | 15.2 | −47.1% | |
| Cash & short-term investments | 20.8 | 29.9 | 56.1 | 52.5 | 28.7 | 15.2 | −47.1% | |
| Receivables | 0.2 | 0.7 | 1.4 | 2.5 | 1.6 | 4.2 | +156.0% | |
| Inventory | 1.3 | 1.5 | 2.1 | 2.4 | 2.9 | 3.6 | +22.6% | |
| Total current assets | 24.1 | 35.4 | 63.6 | 63.7 | 42.3 | 30.6 | −27.7% | |
| Property, plant & equipment | 183.4 | 181.4 | 216.1 | 229.1 | 274.7 | 308.5 | +12.3% | |
| Goodwill & intangibles | 153.2 | 153.0 | 157.0 | 89.4 | 100.3 | 99.3 | −1.0% | |
| Long-term investments | 186.5 | 184.3 | 222.7 | 236.4 | 0.0 | 0.0 | — | |
| Total assets | 291.8 | 302.5 | 368.6 | 383.5 | 417.8 | 439.2 | +5.1% | |
| Payables | 2.9 | 5.1 | 5.3 | 7.0 | 5.5 | 7.2 | +30.4% | |
| Short-term debt | 5.2 | 13.8 | 11.6 | 12.6 | 14.2 | 15.1 | +6.3% | |
| Total current liabilities | 29.5 | 32.0 | 40.2 | 41.7 | 44.7 | 50.2 | +12.4% | |
| Long-term debt | 23.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 202.8 | 173.9 | 188.4 | 194.2 | 218.2 | 235.8 | +8.0% | |
| Net debt | 182.1 | 144.0 | 132.3 | 141.8 | 189.5 | 220.6 | +16.4% | |
| Deferred revenue | 0.0 | 0.0 | 1.0 | 0.8 | 0.0 | 0.0 | — | |
| Total liabilities | 218.3 | 197.8 | 230.1 | 235.6 | 265.6 | 287.9 | +8.4% | |
| Total equity | 73.5 | 104.7 | 138.4 | 147.9 | 152.2 | 151.3 | −0.6% | |
| Retained earnings | 61.5 | 113.2 | 146.5 | 156.5 | 161.9 | 112.3 | −30.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
