| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 9.2 | 13.9 | 26.7 | 21.3 | 5.3 | 12.8 | +143.9% | |
| Cash & short-term investments | 9.2 | 13.9 | 26.7 | 21.3 | 5.3 | 12.8 | +143.9% | |
| Receivables | 2.6 | 5.7 | 0.8 | 0.1 | 3.0 | 0.9 | −70.3% | |
| Inventory | 0.0 | (5.1) | 0.0 | 0.7 | 0.0 | 0.0 | — | |
| Total current assets | 11.8 | 19.6 | 29.4 | 22.2 | 6.2 | 18.8 | +205.9% | |
| Property, plant & equipment | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 404.3 | 471.0 | 486.9 | 454.9 | 0.0 | 485.9 | — | |
| Total assets | 416.1 | 490.6 | 516.3 | 477.2 | 513.7 | 505.6 | −1.6% | |
| Payables | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | — | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 0.1 | 0.1 | 0.1 | 1.5 | 0.0 | 0.0 | — | |
| Long-term debt | 36.3 | 37.2 | 40.5 | 39.2 | 40.2 | 36.4 | −9.5% | |
| Total debt | 36.3 | 37.2 | 40.5 | 39.2 | 40.2 | 36.4 | −9.5% | |
| Net debt | 27.1 | 23.3 | 13.8 | 17.9 | 34.9 | 23.5 | −32.6% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 40.7 | 42.1 | 43.4 | 40.7 | 45.9 | 47.3 | +3.0% | |
| Total equity | 375.4 | 448.5 | 472.9 | 436.5 | 467.8 | 458.3 | −2.0% | |
| Retained earnings | 301.0 | 374.0 | 398.5 | 362.1 | 22.7 | 23.1 | +2.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
