| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 71.9 | 120.9 | 121.0 | 104.3 | 75.9 | 50.6 | −33.3% | |
| Cash & short-term investments | 74.1 | 125.0 | 131.0 | 112.5 | 79.8 | 52.7 | −34.0% | |
| Receivables | 289.8 | 235.5 | 241.7 | 221.2 | 201.0 | 152.6 | −24.1% | |
| Inventory | 0.0 | (230.7) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 363.9 | 360.5 | 372.6 | 342.1 | 280.8 | 205.3 | −26.9% | |
| Property, plant & equipment | 5.3 | 3.7 | 3.4 | 3.7 | 2.2 | 2.6 | +15.0% | |
| Goodwill & intangibles | 112.4 | 102.7 | 129.2 | 80.6 | 71.5 | 61.3 | −14.2% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 481.5 | 466.9 | 505.2 | 426.4 | 354.5 | 269.3 | −24.0% | |
| Payables | 255.7 | 201.9 | 211.8 | 202.7 | 178.6 | 129.5 | −27.5% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 301.3 | 263.4 | 260.6 | 241.4 | 205.9 | 152.9 | −25.7% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 5.0 | 3.7 | 2.2 | 2.5 | 1.5 | 2.7 | +81.1% | |
| Net debt | (66.9) | (117.2) | (118.9) | (101.8) | (74.4) | (47.9) | +35.6% | |
| Deferred revenue | 0.2 | 0.0 | (1.4) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 318.1 | 282.8 | 284.3 | 255.1 | 216.3 | 161.3 | −25.4% | |
| Total equity | 163.4 | 184.2 | 221.0 | 171.2 | 138.2 | 107.9 | −21.9% | |
| Retained earnings | 104.2 | 128.9 | 121.3 | 183.5 | 150.4 | 120.9 | −19.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
