| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.0 | 0.0 | 3.1 | 0.0 | 5.2 | 0.0 | −100.0% | |
| Cash & short-term investments | 0.0 | 0.0 | 3.1 | 0.0 | 5.2 | 0.0 | −100.0% | |
| Receivables | 0.0 | 0.0 | 0.0 | 0.0 | 437.3 | 498.3 | +14.0% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 0.0 | 0.0 | 3.1 | 0.0 | 441.1 | 498.3 | +13.0% | |
| Property, plant & equipment | 2.7 | 2.5 | 2.6 | 2.3 | 2.5 | 2.9 | +14.2% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 271.6 | — | |
| Total assets | 284.8 | 327.2 | 428.2 | 466.8 | 445.1 | 501.2 | +12.6% | |
| Payables | 0.4 | 0.6 | 0.6 | 0.9 | 3.3 | 1.0 | −70.7% | |
| Short-term debt | 1.5 | 2.7 | 0.2 | 1.1 | 0.1 | 0.4 | +254.1% | |
| Total current liabilities | 0.7 | 0.8 | 1.3 | 5.5 | 5.0 | 0.4 | −92.3% | |
| Long-term debt | 98.0 | 111.5 | 196.0 | 224.0 | 197.8 | 241.5 | +22.1% | |
| Total debt | 99.8 | 114.4 | 196.5 | 225.3 | 197.8 | 242.0 | +22.3% | |
| Net debt | 99.8 | 114.4 | 193.4 | 225.3 | (5.2) | 242.0 | +4739.1% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 1.1 | 0.0 | 0.0 | — | |
| Total liabilities | 103.8 | 120.5 | 203.3 | 232.7 | 207.0 | 252.2 | +21.9% | |
| Total equity | 181.0 | 206.7 | 224.9 | 234.2 | 238.1 | 249.0 | +4.6% | |
| Retained earnings | 177.0 | 202.7 | 220.9 | 230.1 | 234.1 | 245.0 | +4.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
