| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 17.7 | 7.6 | 10.3 | 10.1 | 14.9 | 12.4 | −16.9% | |
| Cash & short-term investments | 17.7 | 7.6 | 10.3 | 10.1 | 14.9 | 12.4 | −16.9% | |
| Receivables | 7.4 | 7.1 | 11.3 | 9.6 | 16.0 | 14.5 | −9.4% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 27.0 | 17.6 | 25.5 | 24.7 | 41.1 | 26.0 | −36.7% | |
| Property, plant & equipment | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.1 | −61.2% | |
| Goodwill & intangibles | 36.8 | 36.9 | 41.0 | 25.4 | 25.9 | 26.6 | +3.0% | |
| Long-term investments | 14.7 | 16.1 | (18.2) | (1.3) | 4.9 | 0.0 | −99.4% | |
| Total assets | 57.6 | 50.7 | 65.5 | 50.7 | 70.4 | 62.3 | −11.5% | |
| Payables | 1.6 | 0.4 | 0.5 | 0.9 | 0.8 | 1.6 | +113.9% | |
| Short-term debt | 2.2 | 1.6 | 1.8 | 6.2 | 4.2 | 0.0 | −99.9% | |
| Total current liabilities | 9.3 | 6.9 | 8.6 | 11.7 | 26.9 | 0.0 | −100.0% | |
| Long-term debt | 8.5 | 11.4 | 16.8 | 1.0 | 0.0 | 0.0 | −100.0% | |
| Total debt | 10.7 | 13.0 | 18.5 | 7.2 | 4.2 | 0.0 | −99.9% | |
| Net debt | (7.0) | 5.4 | 8.3 | (2.9) | (10.7) | (12.4) | −15.4% | |
| Deferred revenue | 0.0 | (1.6) | (1.8) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 17.8 | 18.3 | 25.4 | 12.7 | 26.9 | 14.2 | −47.3% | |
| Total equity | 38.5 | 31.4 | 34.2 | 35.6 | 42.1 | 49.6 | +17.7% | |
| Retained earnings | (10.7) | (17.7) | (24.9) | (31.0) | (24.4) | (9.8) | +60.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
