| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 10.1 | 9.7 | 2.4 | 1.6 | 2.8 | 1.6 | −41.7% | |
| Cash & short-term investments | 10.1 | 9.7 | 2.4 | 1.6 | 2.8 | 1.6 | −41.7% | |
| Receivables | 0.3 | 1.9 | 2.2 | 3.1 | 0.7 | 4.3 | +472.3% | |
| Inventory | 0.2 | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 | +0.4% | |
| Total current assets | 12.2 | 11.9 | 5.0 | 5.1 | 6.6 | 6.4 | −2.9% | |
| Property, plant & equipment | 34.4 | 34.2 | 44.8 | 43.6 | 46.8 | 37.4 | −20.0% | |
| Goodwill & intangibles | 0.0 | 0.0 | 2.6 | 2.6 | 4.9 | — | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Total assets | 46.7 | 46.1 | 52.4 | 51.4 | 58.3 | 45.9 | −21.2% | |
| Payables | 2.3 | 2.3 | 2.5 | 2.8 | 4.7 | 5.1 | +9.5% | |
| Short-term debt | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18.8 | — | |
| Total current liabilities | 13.1 | 13.5 | 14.7 | 15.4 | 19.2 | 31.6 | +64.0% | |
| Long-term debt | 11.4 | 2.9 | 2.9 | 2.9 | 8.4 | 29.3 | +246.9% | |
| Total debt | 43.8 | 34.6 | 39.7 | 38.2 | 46.0 | 48.1 | +4.6% | |
| Net debt | 33.7 | 24.9 | 37.3 | 36.5 | 43.2 | 46.5 | +7.6% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Total liabilities | 48.7 | 42.2 | 48.8 | 48.5 | 58.8 | 61.8 | +5.1% | |
| Total equity | (2.0) | 3.9 | 3.6 | 2.9 | (0.5) | (15.8) | −3160.4% | |
| Retained earnings | (7.2) | (5.8) | (6.5) | (7.6) | (10.9) | (21.2) | −94.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
