| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 8.3 | 32.7 | 34.5 | 9.9 | 16.0 | 12.1 | −24.4% | |
| Cash & short-term investments | 8.3 | 32.7 | 34.5 | 9.9 | 16.0 | 12.1 | −24.4% | |
| Receivables | 0.6 | 0.2 | 0.4 | 0.8 | 1.1 | 1.7 | +51.1% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 8.9 | 32.9 | 34.8 | 10.7 | 17.1 | 13.8 | −19.5% | |
| 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 | 426.2 | 0.0 | 528.6 | 605.6 | 584.1 | 607.1 | +3.9% | |
| Total assets | 435.2 | 516.0 | 563.4 | 616.3 | 601.2 | 620.8 | +3.3% | |
| Payables | 0.0 | 0.8 | 0.5 | 1.9 | 2.3 | 2.8 | +21.2% | |
| Short-term debt | 49.7 | 15.7 | 16.6 | 97.1 | 43.9 | 0.0 | −100.0% | |
| Total current liabilities | 0.0 | 0.8 | 0.5 | 1.9 | 2.3 | 0.0 | −100.0% | |
| Long-term debt | 71.2 | 35.9 | 38.3 | 97.1 | 92.5 | 108.6 | +17.4% | |
| Total debt | 71.2 | 35.9 | 38.3 | 97.1 | 92.5 | 108.6 | +17.4% | |
| Net debt | 62.8 | 3.2 | 3.9 | 87.2 | 76.5 | 96.5 | +26.1% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 75.7 | 42.5 | 45.7 | 105.2 | 96.4 | 112.9 | +17.2% | |
| Total equity | 359.5 | 473.4 | 517.7 | 511.1 | 504.8 | 507.9 | +0.6% | |
| Retained earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
