| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 2.2 | 5.5 | 3.9 | 13.0 | 9.7 | 21.4 | +122.0% | |
| Cash & short-term investments | 2.2 | 5.5 | 3.9 | 13.0 | 9.7 | 21.4 | +122.0% | |
| Receivables | 1.5 | 2.6 | 2.7 | 4.7 | 8.2 | 14.6 | +78.3% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.8 | 0.9 | 1.1 | +21.1% | |
| Total current assets | 3.7 | 8.2 | 6.6 | 18.4 | 18.7 | 37.1 | +98.1% | |
| Property, plant & equipment | 0.5 | 0.4 | 0.3 | 0.7 | 2.3 | 3.9 | +68.8% | |
| Total assets | 4.9 | 10.0 | 10.7 | 24.9 | 28.8 | 50.5 | +75.1% | |
| Payables | 0.2 | 1.9 | 0.7 | 2.8 | 1.8 | 3.5 | +100.1% | |
| Short-term debt | 0.7 | 0.3 | 0.4 | 0.6 | 1.0 | 0.8 | −19.5% | |
| Total current liabilities | 3.8 | 5.7 | 5.0 | 16.1 | 17.3 | 29.8 | +72.0% | |
| Long-term debt | 2.1 | 1.9 | 1.3 | 1.4 | 2.6 | 7.6 | +187.2% | |
| Total debt | 2.8 | 2.2 | 1.7 | 2.1 | 3.7 | 8.4 | +129.3% | |
| Net debt | 0.7 | (3.3) | (2.2) | (10.9) | (6.0) | (13.0) | −117.5% | |
| Total liabilities | 5.9 | 7.7 | 6.4 | 19.6 | 21.7 | 39.5 | +81.7% | |
| Total equity | (1.0) | 2.1 | 4.2 | 4.1 | 5.9 | 9.5 | +60.0% | |
| Retained earnings | (3.4) | (2.0) | 0.2 | (3.8) | (4.4) | (9.0) | −102.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
