| GBP millions | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|
| Cash & cash equivalents | 5.4 | 12.7 | 18.7 | 18.5 | −1.2% | |
| Cash & short-term investments | 5.4 | 12.7 | 18.7 | 18.5 | −1.2% | |
| Receivables | 5.9 | 11.1 | 16.2 | 25.7 | +58.2% | |
| Inventory | 8.7 | 13.0 | 19.5 | 22.8 | +17.0% | |
| Total current assets | 20.2 | 37.2 | 55.5 | 68.7 | +23.7% | |
| Property, plant & equipment | 1.9 | 3.4 | 3.5 | 5.0 | +43.7% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.1 | +138.1% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 22.1 | 40.6 | 59.7 | 75.0 | +25.7% | |
| Payables | 2.4 | 2.6 | 3.8 | 10.6 | +181.1% | |
| Short-term debt | 0.0 | 0.0 | 0.3 | 0.6 | +91.7% | |
| Total current liabilities | 5.8 | 9.5 | 9.9 | 17.7 | +78.8% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 1.1 | 2.1 | 1.8 | 3.0 | +66.4% | |
| Net debt | (4.3) | (10.7) | (16.9) | (15.5) | +8.4% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.2 | — | |
| Total liabilities | 7.2 | 11.9 | 11.6 | 20.7 | +78.0% | |
| Total equity | 14.9 | 28.8 | 48.0 | 54.3 | +13.1% | |
| Retained earnings | 14.9 | 28.7 | 47.8 | 53.8 | +12.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
