| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.8 | 5.1 | 4.8 | 6.4 | 6.2 | 4.3 | −30.8% | |
| Cash & short-term investments | 1.8 | 5.1 | 4.8 | 6.8 | 6.2 | 4.3 | −30.8% | |
| Receivables | 2.9 | 6.0 | 8.5 | 4.5 | 5.0 | 4.8 | −4.9% | |
| Inventory | 0.3 | 0.6 | 1.3 | 1.1 | 0.9 | 0.3 | −62.5% | |
| Total current assets | 10.4 | 19.9 | 20.7 | 16.1 | 14.1 | 10.5 | −25.7% | |
| Property, plant & equipment | 2.6 | 2.0 | 1.7 | 1.8 | 1.9 | 1.5 | −20.0% | |
| Goodwill & intangibles | 2.8 | 1.2 | 1.1 | 0.7 | 0.8 | 0.8 | +3.3% | |
| Long-term investments | 1.5 | 1.7 | 2.0 | 2.2 | 1.5 | 1.9 | +31.4% | |
| Total assets | 17.1 | 27.1 | 29.0 | 21.4 | 18.7 | 15.4 | −17.7% | |
| Payables | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 5.6 | +1437.5% | |
| Short-term debt | 0.6 | 1.1 | 0.9 | 0.9 | 0.8 | 0.1 | −82.3% | |
| Total current liabilities | 7.7 | 18.0 | 21.7 | 11.1 | 8.9 | 7.2 | −18.7% | |
| Long-term debt | 4.3 | 3.2 | 2.8 | 2.8 | 2.4 | 2.4 | −1.0% | |
| Total debt | 5.3 | 4.6 | 4.0 | 4.1 | 3.5 | 2.9 | −18.7% | |
| Net debt | 3.5 | (0.5) | (0.9) | (2.3) | (2.7) | (1.5) | +46.5% | |
| Deferred revenue | 0.4 | 0.4 | 1.1 | 0.0 | 0.0 | 1.1 | — | |
| Total liabilities | 15.7 | 24.3 | 27.8 | 17.1 | 13.9 | 11.9 | −14.4% | |
| Total equity | 1.0 | 2.4 | 1.0 | 3.9 | 4.4 | 3.1 | −30.2% | |
| Retained earnings | (0.3) | 0.4 | (0.5) | 3.7 | 4.0 | 3.5 | −12.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
