| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 16.9 | 11.0 | 11.1 | 2.0 | 2.0 | 1.6 | −18.4% | |
| Cash & short-term investments | 16.9 | 11.0 | 11.1 | 2.0 | 2.0 | 1.6 | −18.4% | |
| Receivables | 63.1 | 60.4 | 44.7 | 13.7 | 0.5 | 1.5 | +230.2% | |
| Inventory | (0.3) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 80.3 | 71.3 | 56.0 | 16.0 | 2.0 | 1.7 | −15.4% | |
| 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 | 502.3 | 589.1 | 715.9 | 683.1 | 632.3 | 543.5 | −14.0% | |
| Total assets | 582.6 | 660.4 | 772.0 | 699.1 | 634.8 | 546.7 | −13.9% | |
| Payables | 0.4 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | −100.0% | |
| Total current liabilities | 0.4 | 0.4 | 0.5 | 1.2 | 0.5 | 0.2 | −49.2% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | −100.0% | |
| Net debt | (16.7) | (10.8) | (10.9) | (1.9) | (1.8) | (1.6) | +10.1% | |
| Deferred revenue | (0.4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 0.4 | 0.4 | 0.5 | 1.2 | 0.5 | 0.8 | +70.6% | |
| Total equity | 582.2 | 660.0 | 771.5 | 697.9 | 634.4 | 545.9 | −13.9% | |
| Retained earnings | (45.5) | 30.1 | 141.6 | 68.0 | 4.5 | (84.0) | −1979.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
