| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.3 | 4.2 | 3.7 | 6.6 | 9.9 | 8.4 | −14.8% | |
| Cash & short-term investments | 0.3 | 4.2 | 3.7 | 6.6 | 9.9 | 8.4 | −14.8% | |
| Receivables | 2.9 | 5.6 | 5.8 | 5.2 | 7.4 | 6.9 | −6.2% | |
| Inventory | 0.4 | 0.7 | 0.7 | 0.9 | 1.0 | 0.9 | −2.9% | |
| Total current assets | 3.6 | 10.6 | 10.2 | 12.7 | 18.2 | 16.3 | −10.7% | |
| Property, plant & equipment | 138.3 | 140.4 | 149.0 | 169.6 | 168.1 | 162.4 | −3.4% | |
| Goodwill & intangibles | 16.5 | 16.3 | 16.7 | 9.4 | 9.2 | 8.8 | −4.9% | |
| Long-term investments | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | −9.0% | |
| Total assets | 151.2 | 160.1 | 171.9 | 194.7 | 200.4 | 192.1 | −4.1% | |
| Payables | 2.9 | 3.6 | 2.3 | 3.4 | 5.9 | 5.6 | −4.6% | |
| Short-term debt | 0.0 | 0.1 | 0.2 | 2.8 | 2.1 | 0.0 | −100.0% | |
| Total current liabilities | 12.3 | 19.1 | 18.8 | 22.3 | 30.3 | 31.2 | +3.0% | |
| Long-term debt | 9.0 | 12.5 | 22.0 | 26.0 | 28.0 | 30.0 | +7.1% | |
| Total debt | 88.1 | 94.4 | 108.7 | 129.2 | 134.2 | 136.4 | +1.6% | |
| Net debt | 87.8 | 90.2 | 105.0 | 122.6 | 124.3 | 127.9 | +2.9% | |
| Deferred revenue | 3.0 | 4.3 | 4.5 | 0.0 | 5.8 | 0.0 | −100.0% | |
| Total liabilities | 98.8 | 111.9 | 125.7 | 150.3 | 163.9 | 165.5 | +0.9% | |
| Total equity | 52.4 | 48.2 | 46.3 | 44.4 | 36.5 | 26.6 | −26.9% | |
| Retained earnings | (13.7) | (18.1) | (20.0) | (33.1) | (29.9) | (39.7) | −32.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
