| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 3.9 | 13.7 | 14.3 | 3.9 | 5.5 | 24.7 | +350.3% | |
| Cash & short-term investments | 3.9 | 13.7 | 14.3 | 3.9 | 5.5 | 24.7 | +350.3% | |
| Receivables | 10.9 | 0.3 | 0.0 | 0.3 | 1.6 | 0.2 | −85.7% | |
| Inventory | 0.0 | (5.4) | (7.3) | (2.6) | 0.0 | 0.0 | — | |
| Total current assets | 0.0 | 13.7 | 14.3 | 6.5 | 5.5 | 26.3 | +379.6% | |
| 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 | 423.7 | 462.5 | 438.5 | 386.9 | 376.9 | 439.6 | +16.6% | |
| Total assets | 442.0 | 481.6 | 456.5 | 393.4 | 385.8 | 466.8 | +21.0% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 7.5 | 25.5 | 17.2 | 28.2 | 15.3 | 49.6 | +224.1% | |
| Total current liabilities | 16.0 | 28.9 | 20.9 | 32.8 | 19.7 | 49.6 | +151.7% | |
| Long-term debt | 0.0 | 25.5 | 17.2 | 0.0 | 15.3 | 49.6 | +224.1% | |
| Total debt | 7.5 | 25.5 | 17.2 | 28.2 | 15.3 | 49.6 | +224.1% | |
| Net debt | 3.6 | 11.8 | 2.9 | 24.2 | (5.5) | 24.9 | +554.3% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 16.0 | 28.9 | 20.9 | 31.4 | 19.7 | 59.1 | +200.1% | |
| Total equity | 425.9 | 452.6 | 435.6 | 362.0 | 366.1 | 407.7 | +11.4% | |
| Retained earnings | 221.1 | 25.7 | 26.7 | 94.0 | 29.9 | 29.8 | −0.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
