| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 62.5 | 12.9 | 23.3 | 19.7 | 11.2 | 11.9 | +6.3% | |
| Cash & short-term investments | 62.5 | 12.9 | 23.3 | 19.7 | 11.2 | 11.9 | +6.3% | |
| Receivables | 2.0 | 6.6 | 2.0 | 6.5 | 42.9 | 7.3 | −83.0% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 69.3 | 19.5 | 36.2 | 273.6 | 11.2 | 51.6 | +361.4% | |
| Property, plant & equipment | 0.0 | 0.0 | 6.2 | 0.0 | 6.0 | 4.7 | −22.1% | |
| Goodwill & intangibles | 0.0 | 0.0 | 231.0 | 227.7 | 227.1 | 226.5 | −0.3% | |
| Long-term investments | 568.6 | 614.8 | 595.4 | 532.7 | 503.6 | 568.8 | +12.9% | |
| Total assets | 637.9 | 634.3 | 868.8 | 823.7 | 812.3 | 851.5 | +4.8% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 20.9 | 49.3 | 60.6 | 132.7 | 1.9 | 1.6 | −12.9% | |
| Total current liabilities | 20.9 | 49.3 | 61.8 | 159.8 | 32.6 | 1.6 | −95.0% | |
| Long-term debt | 252.7 | 218.3 | 203.0 | 78.0 | 187.8 | 199.5 | +6.3% | |
| Total debt | 273.5 | 267.7 | 268.9 | 214.9 | 193.4 | 203.5 | +5.2% | |
| Net debt | 211.0 | 254.7 | 245.6 | 195.2 | (11.2) | 191.6 | +1811.7% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 280.7 | 274.9 | 291.3 | 237.9 | 233.0 | 254.5 | +9.3% | |
| Total equity | 357.2 | 359.3 | 577.5 | 585.8 | 579.4 | 597.0 | +3.0% | |
| Retained earnings | 1.2 | 4.8 | 2.4 | 8.6 | 29.2 | 53.0 | +81.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
