| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 4.0 | 6.7 | 7.1 | 7.0 | 5.5 | 4.0 | −26.9% | |
| Cash & short-term investments | 6.5 | 9.1 | 8.5 | 7.7 | 5.5 | 5.5 | −0.2% | |
| Receivables | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | 0.0 | −100.0% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 6.5 | 9.1 | 8.5 | 14.3 | 6.4 | 5.5 | −13.4% | |
| Property, plant & equipment | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.3 | −12.3% | |
| Goodwill & intangibles | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | +26.4% | |
| Long-term investments | 10.7 | 11.0 | 11.5 | 11.3 | 33.8 | 54.3 | +60.6% | |
| Total assets | 51.5 | 58.8 | 57.3 | 56.6 | 58.3 | 63.8 | +9.6% | |
| Payables | 0.8 | 1.1 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 1.6 | 1.7 | +10.1% | |
| Total current liabilities | 5.7 | 6.4 | 5.4 | 17.7 | 45.5 | 1.7 | −96.2% | |
| Long-term debt | 2.9 | 2.9 | 2.8 | 2.8 | 2.8 | 6.2 | +123.0% | |
| Total debt | 3.4 | 3.4 | 2.9 | 7.7 | 2.8 | 8.0 | +185.1% | |
| Net debt | (0.6) | (3.3) | (4.2) | (7.0) | (2.7) | 3.9 | +245.1% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 46.2 | 53.1 | 2.8 | 51.2 | 52.6 | 58.4 | +11.0% | |
| Total equity | 4.8 | 5.2 | 4.9 | 5.5 | 5.7 | 5.5 | −3.3% | |
| Retained earnings | 3.8 | 4.1 | 4.6 | 5.2 | 5.1 | 5.4 | +6.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
