| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 4.2 | 9.8 | 7.8 | 8.0 | 6.9 | 6.1 | −11.2% | |
| Cash & short-term investments | 4.2 | 9.8 | 7.8 | 8.0 | 6.9 | 6.1 | −11.2% | |
| Receivables | 2.0 | 1.6 | 1.8 | 0.9 | 2.1 | 2.4 | +11.8% | |
| Inventory | 0.0 | 2.4 | 2.4 | 2.4 | 2.4 | 4.1 | +70.1% | |
| Total current assets | 4.2 | 9.8 | 7.8 | 12.9 | 11.7 | 8.8 | −24.6% | |
| Property, plant & equipment | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +400.0% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 111.6 | — | |
| Total assets | 209.9 | 204.3 | 186.4 | 156.0 | 133.9 | 124.5 | −7.0% | |
| Payables | 0.6 | 1.1 | 0.7 | 0.6 | 0.6 | 0.6 | −7.9% | |
| Short-term debt | 45.6 | 2.5 | 20.3 | 54.4 | 39.2 | 34.2 | −12.8% | |
| Total current liabilities | 5.0 | 2.6 | 2.3 | 60.0 | 44.3 | 34.2 | −22.8% | |
| Long-term debt | 55.8 | 87.0 | 51.1 | 0.4 | 0.1 | 0.0 | −100.0% | |
| Total debt | 101.4 | 89.4 | 71.5 | 54.4 | 39.2 | 34.2 | −12.8% | |
| Net debt | 97.1 | 79.6 | 63.7 | 46.4 | 32.3 | 28.1 | −13.2% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 112.2 | 99.3 | 77.5 | 60.5 | 44.4 | 38.6 | −13.0% | |
| Total equity | 97.7 | 105.0 | 109.0 | 95.6 | 89.5 | 85.9 | −4.1% | |
| Retained earnings | 26.7 | 33.9 | 37.6 | 24.2 | 18.2 | 14.7 | −19.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
