| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.0 | 10.4 | 4.0 | 7.7 | 6.6 | 3.4 | −48.4% | |
| Cash & short-term investments | 1.0 | 10.4 | 4.0 | 7.7 | 6.6 | 3.4 | −48.4% | |
| Receivables | 0.5 | 0.9 | 1.1 | 1.1 | 2.4 | 1.1 | −56.3% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.0 | −99.9% | |
| Total current assets | 1.6 | 11.4 | 5.3 | 9.3 | 9.5 | 4.5 | −52.9% | |
| Property, plant & equipment | 0.0 | 0.4 | 1.2 | 2.5 | 4.1 | 0.7 | −81.7% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 1.6 | 11.8 | 6.5 | 11.8 | 13.6 | 5.2 | −61.6% | |
| Payables | 0.2 | 1.0 | 0.3 | 1.0 | 1.5 | 0.6 | −62.4% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 0.8 | 2.1 | 1.8 | 6.3 | 3.8 | 2.2 | −43.6% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net debt | (1.0) | (10.4) | (4.0) | (7.7) | (6.6) | (3.4) | +48.4% | |
| Deferred revenue | 0.0 | 0.0 | 0.4 | 0.0 | 0.1 | 0.1 | +0.0% | |
| Total liabilities | 0.8 | 2.1 | 1.8 | 6.3 | 4.6 | 2.4 | −47.8% | |
| Total equity | 0.9 | 9.7 | 4.7 | 5.5 | 9.0 | 2.8 | −68.7% | |
| Retained earnings | (53.8) | (58.5) | (63.7) | (67.3) | (62.9) | (71.4) | −13.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
