| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 5.2 | 5.6 | 5.6 | 3.1 | 34.2 | 11.5 | −66.2% | |
| Cash & short-term investments | 5.2 | 5.6 | 5.6 | 3.1 | 34.2 | 11.5 | −66.2% | |
| Receivables | 12.2 | 16.4 | 16.2 | 10.8 | 12.4 | 30.9 | +148.2% | |
| Inventory | 9.0 | 12.0 | 10.3 | 5.1 | 3.9 | 4.0 | +1.7% | |
| Total current assets | 26.5 | 34.1 | 32.2 | 71.8 | 50.5 | 46.4 | −8.2% | |
| Property, plant & equipment | 9.7 | 10.1 | 10.2 | 0.8 | 0.4 | 0.3 | −30.7% | |
| Goodwill & intangibles | 65.1 | 78.7 | 74.6 | 48.6 | 45.2 | — | — | |
| Long-term investments | (4.3) | (4.8) | 0.0 | 0.0 | 0.0 | — | — | |
| Total assets | 103.6 | 125.3 | 119.5 | 124.5 | 99.2 | 93.2 | −6.0% | |
| Payables | 4.3 | 7.4 | 5.8 | 2.7 | 9.2 | 6.4 | −30.7% | |
| Short-term debt | 0.6 | 2.9 | 19.3 | 1.3 | 0.3 | 0.3 | −18.2% | |
| Total current liabilities | 10.5 | 16.5 | 29.7 | 19.3 | 10.7 | 11.5 | +7.2% | |
| Long-term debt | 8.5 | 19.3 | 0.0 | 21.8 | 0.2 | 0.2 | −15.7% | |
| Total debt | 12.7 | 26.8 | 24.4 | 23.9 | 0.7 | 0.5 | −26.2% | |
| Net debt | 7.5 | 21.2 | 18.8 | 20.8 | (33.5) | (11.0) | +67.0% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Total liabilities | 30.5 | 49.6 | 43.2 | 49.1 | 17.8 | 18.1 | +2.0% | |
| Total equity | 73.2 | 75.7 | 76.3 | 75.4 | 81.4 | 75.1 | −7.7% | |
| Retained earnings | (1.3) | (0.7) | 0.2 | 0.0 | 14.4 | 11.6 | −19.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
