| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 11.5 | 24.2 | 15.6 | 9.0 | 5.1 | 3.0 | −41.2% | |
| Cash & short-term investments | 11.5 | 24.2 | 15.6 | 9.0 | 5.1 | 3.0 | −41.2% | |
| Receivables | 4.4 | 2.6 | 4.0 | 3.9 | 3.7 | 2.3 | −37.8% | |
| Inventory | 1.1 | 1.8 | 2.4 | 3.8 | 3.9 | 3.4 | −12.8% | |
| Total current assets | 17.5 | 29.0 | 22.5 | 17.3 | 12.7 | 9.1 | −28.3% | |
| Property, plant & equipment | 0.8 | 1.0 | 0.9 | 0.8 | 0.9 | 0.5 | −44.4% | |
| Goodwill & intangibles | 10.3 | 11.8 | 4.2 | 5.0 | 6.3 | 6.8 | +7.9% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 24.3 | 37.3 | 27.4 | 23.1 | 19.9 | 16.4 | −17.6% | |
| Payables | 1.0 | 0.9 | 1.1 | 1.2 | 7.9 | 7.4 | −6.3% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | −100.0% | |
| Total current liabilities | 5.9 | 5.7 | 7.8 | 8.0 | 8.1 | 7.6 | −6.2% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.5 | 0.7 | 0.6 | 0.5 | 0.6 | 0.3 | −50.0% | |
| Net debt | (11.0) | (23.5) | (15.0) | (8.5) | (4.5) | (2.7) | +40.0% | |
| Deferred revenue | 2.1 | 2.3 | 4.1 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 6.7 | 6.3 | 8.5 | 8.5 | 8.8 | 8.0 | −9.1% | |
| Total equity | 17.6 | 31.0 | 18.9 | 14.6 | 11.1 | 8.4 | −24.3% | |
| Retained earnings | 2.6 | (4.2) | (16.5) | (21.0) | (24.6) | (27.4) | −11.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
