| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 33.0 | 34.4 | 25.5 | 21.9 | 4.2 | 26.2 | +525.4% | |
| Cash & short-term investments | 33.0 | 34.4 | 25.5 | 21.9 | 4.2 | 26.6 | +535.7% | |
| Receivables | 2.3 | 2.6 | 4.1 | 2.7 | 6.7 | 3.4 | −48.8% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 33.0 | 34.4 | 25.5 | 31.3 | 33.4 | 39.9 | +19.3% | |
| Property, plant & equipment | 5.4 | 5.1 | 10.0 | 8.1 | 9.0 | 12.3 | +36.2% | |
| Goodwill & intangibles | 33.6 | 33.0 | 163.6 | 105.4 | 102.3 | 123.6 | +20.9% | |
| Long-term investments | 5.0 | 15.6 | 11.7 | 12.6 | 15.0 | 5.0 | −66.8% | |
| Total assets | 69.0 | 82.3 | 169.8 | 158.4 | 160.8 | 181.4 | +12.8% | |
| Payables | 19.9 | 29.3 | 34.4 | 35.2 | 36.5 | 0.0 | −100.0% | |
| Short-term debt | 0.3 | 0.4 | 6.8 | 6.8 | 5.1 | 12.6 | +147.7% | |
| Total current liabilities | 24.0 | 32.6 | 42.6 | 52.7 | 55.2 | 56.3 | +2.0% | |
| Long-term debt | 0.0 | 0.0 | 16.6 | 12.4 | 8.7 | 0.0 | −100.0% | |
| Total debt | 2.7 | 2.6 | 27.4 | 21.0 | 18.1 | 18.3 | +1.1% | |
| Net debt | (30.3) | (31.8) | 1.9 | (1.0) | 13.9 | (7.9) | −157.2% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 31.6 | 41.3 | 94.3 | 84.0 | 85.7 | 105.5 | +23.1% | |
| Total equity | 35.5 | 38.8 | 67.9 | 70.2 | 73.7 | 74.1 | +0.7% | |
| Retained earnings | 23.9 | 25.4 | 15.2 | 15.9 | 14.1 | 11.6 | −18.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
