| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.0 | 2.4 | 0.6 | 0.3 | 0.9 | 0.5 | −46.2% | |
| Cash & short-term investments | 1.0 | 2.4 | 0.6 | 0.3 | 0.9 | 0.5 | −46.2% | |
| Receivables | 0.3 | 1.4 | 0.5 | 0.7 | 0.8 | 0.9 | +8.2% | |
| Inventory | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | +21.0% | |
| Total current assets | 2.1 | 4.4 | 1.6 | 1.4 | 2.1 | 1.6 | −21.7% | |
| Property, plant & equipment | 0.3 | 0.3 | 0.6 | 0.4 | 0.3 | 0.5 | +101.6% | |
| Goodwill & intangibles | 2.6 | 3.0 | 3.4 | 2.8 | 2.0 | 1.9 | −7.4% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 15.1 | 15.7 | +4.0% | |
| Total assets | 8.1 | 20.7 | 29.0 | 22.5 | 19.5 | 19.8 | +1.4% | |
| Payables | 0.2 | 0.2 | 0.5 | 0.8 | 1.3 | 1.4 | +3.4% | |
| Short-term debt | 0.0 | 0.1 | 0.1 | 0.6 | 0.5 | 2.1 | +310.8% | |
| Total current liabilities | 0.7 | 1.6 | 2.7 | 3.6 | 4.5 | 5.8 | +28.5% | |
| Long-term debt | 0.3 | 0.4 | 0.7 | 1.6 | 0.9 | 0.0 | −97.6% | |
| Total debt | 0.5 | 0.7 | 1.3 | 2.5 | 1.5 | 2.6 | +69.3% | |
| Net debt | (0.5) | (1.7) | 0.7 | 2.2 | 0.6 | 2.1 | +256.3% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | — | |
| Total liabilities | 1.2 | 2.2 | 3.7 | 5.3 | 5.4 | 6.1 | +12.9% | |
| Total equity | 6.7 | 18.5 | 25.8 | 17.8 | 15.1 | 15.2 | +0.7% | |
| Retained earnings | (59.7) | (61.5) | (64.5) | (66.7) | (68.0) | (68.6) | −0.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
