| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 173.4 | 261.6 | 384.4 | 398.9 | 431.3 | 401.1 | −7.0% | |
| Cash & short-term investments | 204.5 | 271.9 | 387.9 | 439.0 | 493.5 | 471.5 | −4.5% | |
| Receivables | 61.5 | 112.9 | 141.0 | 125.8 | 120.4 | 207.7 | +72.5% | |
| Inventory | 1.3 | 1.5 | 2.4 | 3.3 | 4.3 | 4.5 | +4.7% | |
| Total current assets | 282.6 | 391.8 | 543.4 | 591.0 | 632.8 | 683.7 | +8.0% | |
| Property, plant & equipment | 71.3 | 67.6 | 64.8 | 64.4 | 60.5 | 78.0 | +28.9% | |
| Goodwill & intangibles | 182.9 | 183.2 | 188.9 | 182.9 | 172.6 | 177.4 | +2.8% | |
| Long-term investments | (28.2) | (9.3) | (2.3) | 6.7 | 3.9 | 8.1 | +107.7% | |
| Total assets | 572.7 | 682.1 | 832.3 | 875.6 | 900.3 | 978.5 | +8.7% | |
| Payables | 17.0 | 39.4 | 50.0 | 34.4 | 18.8 | 354.0 | +1783.0% | |
| Short-term debt | (7.0) | 9.7 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 177.4 | 257.3 | 366.2 | 371.3 | 358.7 | 384.1 | +7.1% | |
| Long-term debt | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 56.2 | 53.8 | 47.6 | 43.2 | 38.1 | 56.0 | +47.0% | |
| Net debt | (117.2) | (207.8) | (336.8) | (355.7) | (393.2) | (345.1) | +12.2% | |
| Deferred revenue | 8.3 | 8.2 | 9.5 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 244.3 | 320.5 | 419.1 | 419.0 | 404.6 | 450.7 | +11.4% | |
| Total equity | 324.1 | 356.9 | 409.7 | 452.6 | 492.0 | 525.1 | +6.7% | |
| Retained earnings | 211.9 | 245.3 | 287.2 | 395.7 | 395.3 | 425.6 | +7.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
