| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 41.1 | 41.1 | 19.9 | 14.8 | 16.9 | 5.3 | −68.5% | |
| Cash & short-term investments | 41.1 | 28.7 | 19.9 | 14.8 | 16.9 | 5.3 | −68.5% | |
| Receivables | 1.0 | 0.6 | 4.3 | 5.8 | 3.7 | 2.5 | −32.0% | |
| Inventory | 0.0 | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 44.7 | 32.4 | 24.6 | 21.9 | 20.6 | 8.4 | −59.3% | |
| Property, plant & equipment | 0.2 | 1.0 | 2.2 | 1.7 | 0.8 | 0.3 | −59.4% | |
| Goodwill & intangibles | 3.4 | 3.4 | 3.4 | 0.0 | 1.6 | — | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Total assets | 8.8 | 49.1 | 30.3 | 23.6 | 23.1 | 10.4 | −55.1% | |
| Payables | 0.8 | 2.1 | 1.3 | 1.5 | 0.6 | 0.8 | +35.5% | |
| Short-term debt | 0.2 | 1.4 | 1.6 | 1.6 | 16.1 | 17.0 | +5.5% | |
| Total current liabilities | 2.3 | 2.3 | 3.3 | 6.4 | 26.8 | 29.7 | +10.9% | |
| Long-term debt | 15.1 | 7.0 | 18.5 | 17.4 | 0.0 | 0.0 | — | |
| Total debt | 15.4 | 18.9 | 21.1 | 19.9 | 16.3 | 17.1 | +5.0% | |
| Net debt | (25.7) | (25.7) | 1.2 | 5.0 | (0.6) | 11.8 | +1975.6% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Total liabilities | 1.2 | 29.6 | 36.5 | 27.1 | 26.9 | 29.8 | +10.6% | |
| Total equity | 19.5 | 18.1 | (6.2) | (3.5) | (3.8) | (19.4) | −406.1% | |
| Retained earnings | (47.1) | (49.1) | (74.4) | (84.2) | (91.4) | (108.9) | −19.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
