| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 107.2 | 99.4 | 136.2 | 111.1 | 86.1 | 56.5 | −34.4% | |
| Cash & short-term investments | 107.2 | 99.4 | 136.2 | 111.1 | 86.1 | 56.5 | −34.4% | |
| Receivables | 17.0 | 9.7 | 5.9 | 5.2 | 15.4 | 23.6 | +52.9% | |
| Inventory | 16.6 | 18.5 | 25.5 | 32.5 | 38.1 | 47.7 | +25.4% | |
| Total current assets | 140.7 | 141.7 | 180.9 | 168.8 | 143.6 | 133.5 | −7.0% | |
| Property, plant & equipment | 90.3 | 92.0 | 101.1 | 118.1 | 136.3 | 169.5 | +24.3% | |
| Goodwill & intangibles | 23.6 | 35.3 | 36.5 | 36.7 | 25.4 | 27.4 | +7.9% | |
| Long-term investments | 3.5 | 1.5 | 5.3 | 5.9 | 1.7 | 4.0 | +141.9% | |
| Total assets | 261.7 | 272.9 | 326.4 | 332.5 | 312.6 | 334.4 | +7.0% | |
| Payables | 21.8 | 24.6 | 29.4 | 33.4 | 31.2 | 34.5 | +10.7% | |
| Short-term debt | 45.4 | 20.1 | 29.8 | 27.0 | 19.4 | 22.8 | +17.4% | |
| Total current liabilities | 94.9 | 73.6 | 99.7 | 102.5 | 85.2 | 86.6 | +1.6% | |
| Long-term debt | 39.4 | 44.3 | 72.4 | 50.1 | 28.5 | 13.0 | −54.6% | |
| Total debt | 95.5 | 80.9 | 118.1 | 90.5 | 59.8 | 43.0 | −28.0% | |
| Net debt | (11.7) | (18.4) | (18.1) | (20.6) | (26.4) | (13.5) | +48.8% | |
| Deferred revenue | 0.0 | 3.4 | 10.2 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 147.9 | 143.2 | 193.7 | 173.5 | 132.8 | 121.4 | −8.6% | |
| Total equity | 112.2 | 128.0 | 132.6 | 159.0 | 179.9 | 213.0 | +18.4% | |
| Retained earnings | 83.4 | 106.1 | 109.0 | 136.0 | 158.5 | 185.3 | +16.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
