| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 2.7 | 1.5 | 2.0 | 15.4 | 8.6 | 3.9 | −54.0% | |
| Cash & short-term investments | 2.7 | 1.5 | 2.0 | 15.4 | 8.6 | 3.9 | −54.0% | |
| Receivables | 1.6 | 1.3 | 3.7 | 2.1 | 1.5 | 2.1 | +38.9% | |
| Inventory | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −26.9% | |
| Total current assets | 5.0 | 9.3 | 6.0 | 17.8 | 10.5 | 6.1 | −42.0% | |
| Property, plant & equipment | 5.1 | 1.1 | 1.4 | 1.2 | 0.8 | 0.6 | −21.3% | |
| Goodwill & intangibles | 3.5 | 1.4 | 16.3 | 15.3 | 26.9 | 36.1 | +34.3% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 13.6 | 11.8 | 23.6 | 34.4 | 38.1 | 42.8 | +12.2% | |
| Payables | 0.7 | 1.5 | 0.7 | 0.7 | 0.5 | 4.3 | +748.8% | |
| Short-term debt | 0.3 | 0.3 | 3.8 | 1.4 | 2.5 | 0.7 | −74.3% | |
| Total current liabilities | 2.8 | 5.4 | 5.9 | 4.7 | 6.5 | 8.5 | +30.0% | |
| Long-term debt | 3.0 | 3.8 | 13.9 | 6.1 | 7.6 | 9.5 | +24.7% | |
| Total debt | 7.1 | 4.2 | 18.7 | 9.1 | 10.8 | 10.5 | −3.2% | |
| Net debt | 4.3 | 2.7 | 16.7 | (6.3) | 2.2 | 6.5 | +191.8% | |
| Deferred revenue | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 9.3 | 9.3 | 22.7 | 12.7 | 16.7 | 21.9 | +31.2% | |
| Total equity | 4.3 | 2.5 | 0.9 | 21.7 | 21.4 | 20.8 | −2.6% | |
| Retained earnings | (5.7) | (7.5) | (9.1) | (11.4) | (11.7) | (11.7) | +0.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
