| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.6 | 1.2 | 1.5 | 0.8 | 1.0 | 0.6 | −39.1% | |
| Cash & short-term investments | 0.6 | 1.2 | 1.5 | 0.8 | 1.0 | 0.6 | −39.1% | |
| Receivables | 0.0 | 2.1 | 3.7 | 3.3 | 0.5 | 0.5 | +12.7% | |
| Inventory | 0.0 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | +32.9% | |
| Total current assets | 2.5 | 4.2 | 7.0 | 5.7 | 16.6 | 1.3 | −92.0% | |
| Property, plant & equipment | 0.2 | 0.1 | 0.9 | 1.8 | 0.1 | 0.1 | −25.0% | |
| Goodwill & intangibles | 15.7 | 16.0 | 19.4 | 11.3 | 0.8 | 0.7 | −9.9% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 13.1 | 14.8 | 20.5 | 18.8 | 17.5 | 2.1 | −87.9% | |
| Payables | 1.4 | 2.0 | 4.7 | 5.7 | 1.5 | 1.3 | −11.5% | |
| Short-term debt | 0.1 | 0.2 | 0.1 | 0.1 | 6.1 | 0.1 | −98.7% | |
| Total current liabilities | 3.3 | 3.3 | 9.7 | 10.1 | 19.4 | 1.5 | −92.4% | |
| Long-term debt | 3.5 | 4.0 | 4.7 | 5.3 | 0.1 | 0.0 | −71.0% | |
| Total debt | 3.7 | 4.3 | 5.6 | 7.0 | 6.2 | 0.1 | −98.3% | |
| Net debt | 3.2 | 3.1 | 4.0 | 6.2 | 5.1 | (0.5) | −110.3% | |
| Deferred revenue | 0.6 | 0.2 | 1.9 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 8.1 | 9.6 | 17.5 | 17.8 | 19.6 | 1.6 | −91.7% | |
| Total equity | 5.0 | 5.2 | 3.0 | 1.0 | (2.1) | 0.5 | +123.7% | |
| Retained earnings | (24.2) | (26.3) | (28.6) | (32.5) | (35.6) | (30.9) | +13.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
