| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 9.0 | 3.7 | 7.9 | 9.9 | 4.8 | 17.6 | +265.8% | |
| Cash & short-term investments | 9.0 | 3.7 | 7.9 | 9.9 | 4.8 | 17.6 | +265.8% | |
| Receivables | 1.0 | 2.2 | 2.7 | 1.6 | 5.4 | 1.9 | −64.6% | |
| Inventory | 0.0 | 4.2 | 8.9 | 11.5 | 0.0 | 0.0 | — | |
| Total current assets | 0.0 | 5.9 | 10.6 | 11.5 | 4.8 | 19.5 | +305.7% | |
| Property, plant & equipment | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 445.1 | 533.9 | 533.9 | 553.4 | 644.7 | 677.9 | +5.1% | |
| Total assets | 456.5 | 42.7 | 533.9 | 564.9 | 655.0 | 697.4 | +6.5% | |
| Payables | 1.1 | 1.4 | 0.3 | 0.3 | 0.3 | 0.0 | −100.0% | |
| Short-term debt | 7.5 | 10.0 | 0.0 | 10.3 | 10.3 | 0.0 | −100.0% | |
| Total current liabilities | 0.0 | 1.4 | 0.3 | 0.3 | 0.3 | 0.0 | −100.0% | |
| Long-term debt | 25.1 | 34.6 | 34.8 | 34.9 | 34.9 | 25.1 | −28.1% | |
| Total debt | 32.6 | 34.6 | 34.8 | 35.4 | 35.4 | 25.1 | −29.0% | |
| Net debt | 23.2 | 31.0 | 26.8 | 25.5 | 30.6 | 7.5 | −75.4% | |
| Deferred revenue | (6.4) | (8.7) | (9.8) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 34.4 | 37.4 | 36.4 | 36.7 | 36.8 | 30.2 | −18.2% | |
| Total equity | 422.1 | 502.5 | 497.1 | 528.2 | 618.2 | 667.2 | +7.9% | |
| Retained earnings | 0.0 | 0.0 | 0.0 | 0.0 | 19.3 | 20.8 | +7.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
