| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 7.5 | 10.1 | 2.8 | 6.0 | 1.7 | 8.5 | +410.4% | |
| Cash & short-term investments | 7.5 | 10.1 | 2.8 | 6.0 | 1.7 | 8.5 | +410.4% | |
| Receivables | 0.1 | 0.0 | 0.3 | 0.7 | 0.7 | 0.2 | −69.0% | |
| Inventory | 0.0 | 0.0 | 0.0 | (0.7) | 0.0 | 0.0 | — | |
| Total current assets | 9.3 | 11.8 | 4.7 | 7.0 | 8.8 | 12.4 | +41.0% | |
| Property, plant & equipment | 0.5 | 1.2 | 0.8 | 0.6 | 0.3 | 0.1 | −72.0% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 2.9 | 5.6 | 5.6 | −0.2% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 9.8 | 12.9 | 5.5 | 10.5 | 14.8 | 18.1 | +22.8% | |
| Payables | 0.3 | 0.5 | 0.3 | 0.3 | 0.7 | 0.1 | −86.3% | |
| Short-term debt | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 3.0 | 1.8 | 1.9 | 5.6 | 5.0 | 6.1 | +21.5% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.3 | 0.8 | 0.6 | 0.5 | 0.7 | 0.1 | −91.6% | |
| Net debt | (7.3) | (9.3) | (2.2) | (5.5) | (0.9) | (8.5) | −797.9% | |
| Deferred revenue | 0.1 | 0.0 | 0.2 | 0.0 | 1.5 | 0.6 | −61.2% | |
| Total liabilities | 3.1 | 2.5 | 2.4 | 5.9 | 6.5 | 6.8 | +4.7% | |
| Total equity | 6.7 | 10.5 | 3.2 | 4.7 | 8.3 | 11.4 | +36.8% | |
| Retained earnings | (122.4) | (127.8) | (135.3) | (144.8) | (150.4) | (102.6) | +31.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in GBP; the shares trade in USD.
