| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 67.4 | 56.1 | 50.1 | 34.5 | 56.7 | 37.7 | −33.5% | |
| Cash & short-term investments | 67.4 | 56.1 | 50.1 | 34.5 | 55.9 | 37.7 | −32.5% | |
| Receivables | 13.0 | 11.0 | 10.9 | 7.8 | 10.1 | 13.4 | +32.5% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 51.1 | — | |
| Property, plant & equipment | 16.2 | 16.5 | 11.1 | 11.0 | 10.8 | 10.7 | −1.3% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.0 | 1.7 | 24.4 | 16.0 | 11.9 | 547.4 | +4506.4% | |
| Total assets | 850.6 | 1,010.7 | 906.1 | 782.4 | 722.1 | 636.6 | −11.8% | |
| Payables | 2.3 | 3.6 | 12.0 | 9.1 | 5.9 | 7.2 | +21.1% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 49.9 | 0.0 | 0.4 | — | |
| Total current liabilities | 8.7 | 41.0 | 12.0 | 49.9 | 46.8 | 0.4 | −99.1% | |
| Long-term debt | 364.5 | 433.1 | 435.0 | 365.6 | 312.3 | 262.3 | −16.0% | |
| Total debt | 380.9 | 449.9 | 446.5 | 427.0 | 323.8 | 273.7 | −15.5% | |
| Net debt | 321.6 | 399.9 | 408.8 | 392.5 | 267.0 | 236.0 | −11.6% | |
| Deferred revenue | 14.6 | 16.8 | 16.7 | 15.6 | 0.0 | 0.0 | — | |
| Total liabilities | 430.0 | 508.3 | 503.1 | 476.3 | 370.5 | 317.3 | −14.4% | |
| Total equity | 420.6 | 502.4 | 402.9 | 306.1 | 351.6 | 319.3 | −9.2% | |
| Retained earnings | (10.2) | (11.4) | (110.8) | (207.7) | (266.7) | (298.7) | −12.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
