| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 17.3 | 11.0 | 15.8 | 8.7 | 57.3 | 11.0 | −80.8% | |
| Cash & short-term investments | 17.3 | 11.0 | 15.8 | 8.7 | 57.3 | 11.0 | −80.8% | |
| Receivables | 41.6 | 46.8 | 56.5 | 37.2 | 32.7 | 48.9 | +49.5% | |
| Inventory | 64.8 | 88.5 | 107.3 | 94.5 | 82.5 | 59.8 | −27.5% | |
| Total current assets | 142.8 | 164.2 | 198.4 | 172.1 | 188.7 | 119.8 | −36.5% | |
| Property, plant & equipment | 42.5 | 60.7 | 66.6 | 56.4 | 48.6 | 39.0 | −19.8% | |
| Goodwill & intangibles | 123.5 | 174.1 | 217.9 | 152.6 | 99.7 | 64.2 | −35.6% | |
| Long-term investments | 1.5 | 5.9 | 11.2 | 7.5 | 4.5 | 1.2 | −73.3% | |
| Total assets | 334.6 | 441.0 | 552.2 | 451.3 | 346.3 | 228.8 | −33.9% | |
| Payables | 19.9 | 38.4 | 59.5 | 42.5 | 21.7 | 42.1 | +94.0% | |
| Short-term debt | 51.1 | 16.3 | 36.0 | 4.2 | 44.6 | 127.8 | +186.5% | |
| Total current liabilities | 114.0 | 116.4 | 146.4 | 70.3 | 118.8 | 188.9 | +59.0% | |
| Long-term debt | 40.8 | 109.6 | 138.5 | 99.0 | 114.2 | 0.3 | −99.7% | |
| Total debt | 108.1 | 156.2 | 209.3 | 137.2 | 190.3 | 153.3 | −19.4% | |
| Net debt | 90.8 | 145.2 | 193.5 | 128.5 | 133.0 | 142.3 | +7.0% | |
| Deferred revenue | 2.2 | 2.6 | 2.5 | 0.0 | 0.0 | 5.1 | — | |
| Total liabilities | 189.2 | 267.1 | 328.5 | 213.8 | 260.4 | 212.6 | −18.4% | |
| Total equity | 145.4 | 173.9 | 223.7 | 237.5 | 85.9 | 16.2 | −81.1% | |
| Retained earnings | 126.7 | 157.6 | 185.3 | 93.4 | (52.2) | (119.9) | −129.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
