| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 2.8 | 5.9 | 6.5 | 6.9 | 7.6 | 10.5 | +38.1% | |
| Cash & short-term investments | 2.8 | 5.9 | 6.5 | 6.9 | 7.6 | 10.5 | +38.1% | |
| Receivables | 3.0 | 6.6 | 7.4 | 6.5 | 8.4 | 12.5 | +48.3% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 5.8 | 12.7 | 13.9 | 13.4 | 16.0 | 23.0 | +43.4% | |
| Property, plant & equipment | 0.2 | 0.7 | 0.4 | 2.2 | 2.0 | 2.0 | −0.1% | |
| Goodwill & intangibles | 0.1 | 6.3 | 6.3 | 12.7 | 12.3 | 49.7 | +305.1% | |
| Long-term investments | 0.0 | 6.8 | 0.0 | (0.8) | 0.0 | 0.0 | — | |
| Total assets | 6.1 | 19.6 | 20.6 | 30.5 | 32.7 | 77.5 | +137.1% | |
| Payables | 0.9 | 2.0 | 1.4 | 2.2 | 2.7 | 3.4 | +27.3% | |
| Short-term debt | 0.4 | 0.1 | 0.1 | 0.0 | 0.0 | 1.1 | +5642.1% | |
| Total current liabilities | 5.3 | 11.3 | 9.8 | 9.1 | 9.0 | 26.0 | +188.1% | |
| Long-term debt | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 5.1 | +4307.8% | |
| Total debt | 0.5 | 1.4 | 0.7 | 1.9 | 1.8 | 8.1 | +337.2% | |
| Net debt | (2.3) | (4.5) | (5.8) | (5.1) | (5.8) | (2.4) | +58.0% | |
| Deferred revenue | 0.1 | 1.3 | 1.9 | 0.0 | 0.0 | 5.1 | — | |
| Total liabilities | 5.3 | 12.1 | 10.6 | 11.9 | 11.4 | 38.4 | +236.6% | |
| Total equity | 0.8 | 7.5 | 10.0 | 18.6 | 21.3 | 39.1 | +83.7% | |
| Retained earnings | (124.0) | (123.5) | (121.0) | (117.2) | (114.5) | (136.9) | −19.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
