| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.3 | 0.4 | 0.2 | 0.2 | 0.2 | 8.8 | +4641.6% | |
| Cash & short-term investments | 1.3 | 0.4 | 0.2 | 0.2 | 0.2 | 8.8 | +4641.6% | |
| Receivables | 0.3 | 0.0 | 0.1 | 0.1 | 0.4 | 2.6 | +555.3% | |
| Inventory | 0.0 | 0.0 | (0.0) | (0.5) | 0.0 | 0.0 | — | |
| Total current assets | 1.8 | 0.7 | 0.7 | 0.7 | 0.6 | 11.4 | +1852.0% | |
| Property, plant & equipment | 24.5 | 28.4 | 31.5 | 0.1 | 38.5 | 44.4 | +15.2% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 34.7 | 38.4 | 0.0 | −100.0% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.0 | — | |
| Total assets | 26.4 | 29.1 | 32.2 | 35.5 | 39.1 | 64.4 | +64.6% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 0.1 | 1.3 | 1.3 | 2.2 | 0.7 | 0.2 | −76.3% | |
| Total current liabilities | 3.1 | 6.8 | 5.2 | 9.4 | 6.5 | 7.2 | +10.9% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.1 | 1.3 | 1.3 | 2.2 | 0.7 | 0.2 | −76.3% | |
| Net debt | (1.2) | 1.0 | 1.1 | 2.0 | 0.6 | (8.6) | −1651.8% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 3.1 | 6.8 | 5.2 | 9.4 | 6.5 | 7.2 | +10.9% | |
| Total equity | 22.0 | 20.9 | 25.4 | 24.4 | 30.7 | 54.8 | +78.2% | |
| Retained earnings | (37.8) | (42.7) | (48.8) | (56.5) | (60.0) | (62.4) | −3.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
