| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 4.9 | 9.2 | 5.8 | 1.0 | 1.0 | 0.3 | −73.3% | |
| Cash & short-term investments | 4.9 | 9.2 | 5.8 | 1.0 | 1.0 | 0.3 | −73.3% | |
| Receivables | 3.0 | 1.3 | 2.7 | 3.6 | 4.0 | 5.3 | +32.8% | |
| Inventory | 12.0 | 12.6 | 15.6 | 22.6 | 26.6 | 30.6 | +15.1% | |
| Total current assets | 19.9 | 23.1 | 24.1 | 27.2 | 31.5 | 36.2 | +14.6% | |
| Property, plant & equipment | 21.1 | 14.6 | 22.2 | 23.9 | 26.8 | 27.2 | +1.5% | |
| Goodwill & intangibles | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | −72.7% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 41.0 | 37.8 | 46.5 | 51.1 | 58.4 | 63.4 | +8.6% | |
| Payables | 1.9 | 1.7 | 2.3 | 3.2 | 5.0 | 2.7 | −47.0% | |
| Short-term debt | 1.9 | 0.4 | 0.5 | 2.2 | 10.4 | 0.0 | −100.0% | |
| Total current liabilities | 6.8 | 4.2 | 5.1 | 8.4 | 15.4 | 6.8 | −55.5% | |
| Long-term debt | 10.4 | 2.5 | 2.1 | 0.0 | 0.0 | 12.5 | — | |
| Total debt | 12.3 | 2.8 | 9.5 | 10.1 | 20.0 | 22.6 | +13.4% | |
| Net debt | 7.4 | (6.4) | 3.7 | 9.1 | 19.0 | 22.4 | +17.9% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 17.5 | 6.7 | 14.2 | 16.8 | 25.7 | 30.3 | +17.9% | |
| Total equity | 30.4 | 31.1 | 32.3 | 34.3 | 32.7 | 33.1 | +1.2% | |
| Retained earnings | (4.0) | (9.8) | (8.8) | (6.7) | (8.5) | (8.0) | +5.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
