| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 21.4 | 3.6 | 23.8 | 5.4 | 4.4 | 2.6 | −40.4% | |
| Cash & short-term investments | 21.4 | 3.6 | 23.8 | 5.4 | 4.4 | 2.6 | −40.4% | |
| Receivables | 0.5 | 0.0 | 0.0 | 0.0 | 5.0 | 0.0 | −100.0% | |
| Inventory | 0.0 | 0.9 | 1.0 | 1.2 | 0.0 | 0.0 | — | |
| Total current assets | 22.3 | 4.1 | 24.3 | 6.0 | 4.4 | 2.6 | −40.4% | |
| Property, plant & equipment | 0.6 | 0.5 | 0.4 | 0.0 | 0.0 | 0.0 | — | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 239.6 | 368.6 | 198.5 | 207.5 | 191.6 | 193.6 | +1.0% | |
| Total assets | 261.9 | 372.7 | 222.8 | 213.6 | 201.5 | 196.7 | −2.4% | |
| Payables | 1.7 | 1.9 | 0.0 | 0.5 | 0.9 | 1.2 | +31.4% | |
| Short-term debt | 1.3 | 1.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 1.7 | 1.9 | 1.7 | 0.5 | 2.0 | 1.2 | −42.0% | |
| Long-term debt | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | — | |
| Total debt | 1.8 | 1.8 | 1.1 | 0.1 | 0.0 | 0.0 | — | |
| Net debt | (19.6) | (1.9) | (22.6) | (5.4) | (4.4) | (2.6) | +40.4% | |
| Deferred revenue | 0.4 | 0.5 | 0.7 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 1.7 | 1.9 | 1.7 | 1.7 | 2.0 | 2.3 | +12.9% | |
| Total equity | 260.2 | 370.8 | 221.1 | 211.9 | 199.4 | 194.4 | −2.5% | |
| Retained earnings | 4.5 | 5.8 | 66.0 | 70.0 | 22.1 | 20.5 | −7.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
