| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 6.7 | 43.5 | 21.3 | 12.2 | 35.0 | 32.6 | −6.8% | |
| Cash & short-term investments | 6.7 | 43.5 | 21.3 | 12.2 | 35.0 | 32.6 | −6.8% | |
| Receivables | 0.7 | 2.3 | 2.5 | 2.4 | 3.1 | 4.2 | +36.2% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 8.2 | 46.7 | 24.7 | 16.6 | 40.2 | 39.3 | −2.4% | |
| Property, plant & equipment | 0.3 | 0.8 | 0.9 | 0.7 | 0.5 | 0.4 | −24.5% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.6 | +121.2% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 8.6 | 47.5 | 25.6 | 17.4 | 41.3 | 40.3 | −2.5% | |
| Payables | 0.7 | 0.4 | 0.1 | 0.3 | 0.1 | 0.4 | +273.0% | |
| Short-term debt | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.0 | −100.0% | |
| Total current liabilities | 2.1 | 3.1 | 1.7 | 1.9 | 6.7 | 4.2 | −37.7% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.1 | 0.7 | 0.6 | 0.4 | 0.3 | 0.1 | −57.2% | |
| Net debt | (6.6) | (42.9) | (20.8) | (11.8) | (34.7) | (32.5) | +6.4% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 2.1 | 3.7 | 2.1 | 2.3 | 6.9 | 4.2 | −39.3% | |
| Total equity | 6.5 | 43.8 | 23.5 | 15.1 | 34.4 | 36.1 | +5.0% | |
| Retained earnings | (28.2) | (18.0) | (40.1) | (50.7) | (53.8) | (56.7) | −5.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
