| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.8 | 25.4 | 27.3 | 33.1 | 45.8 | 20.9 | −54.4% | |
| Cash & short-term investments | 0.8 | 25.4 | 27.3 | 33.1 | 45.8 | 20.9 | −54.4% | |
| Receivables | 7.0 | 11.9 | 19.1 | 23.7 | 31.7 | 41.9 | +32.3% | |
| Inventory | 13.8 | 30.0 | 39.8 | 84.8 | 156.7 | 108.0 | −31.1% | |
| Total current assets | 25.0 | 70.7 | 88.8 | 150.8 | 245.3 | 174.3 | −28.9% | |
| Property, plant & equipment | 3.0 | 3.9 | 4.2 | 11.8 | 10.6 | 9.3 | −12.3% | |
| Goodwill & intangibles | 17.1 | 25.8 | 35.5 | 46.0 | 73.2 | 61.9 | −15.5% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | (9.1) | 0.0 | 0.0 | — | |
| Total assets | 45.0 | 93.6 | 122.5 | 208.2 | 331.4 | 246.5 | −25.6% | |
| Payables | 7.8 | 15.2 | 18.0 | 62.4 | 83.1 | 34.6 | −58.4% | |
| Short-term debt | 0.0 | 0.1 | 0.2 | 0.0 | 1.1 | 0.6 | −46.8% | |
| Total current liabilities | 13.0 | 17.1 | 22.9 | 82.9 | 98.2 | 45.9 | −53.3% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 1.7 | 1.7 | 1.3 | 5.6 | 7.3 | 6.6 | −9.6% | |
| Net debt | 1.0 | (23.7) | (26.0) | (27.5) | (38.5) | (14.3) | +62.9% | |
| Deferred revenue | 0.0 | 0.4 | 1.1 | 0.0 | 0.0 | 0.4 | — | |
| Total liabilities | 16.8 | 23.1 | 33.5 | 83.3 | 121.0 | 67.5 | −44.2% | |
| Total equity | 28.2 | 70.5 | 89.1 | 124.9 | 210.4 | 179.0 | −14.9% | |
| Retained earnings | 27.8 | 36.1 | 50.6 | 92.5 | 396.4 | 145.3 | −63.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
