| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.4 | 5.7 | 3.1 | 5.2 | 2.0 | 7.6 | +285.1% | |
| Cash & short-term investments | 1.4 | 5.7 | 3.1 | 5.2 | 2.0 | 7.6 | +285.1% | |
| Receivables | 5.0 | 3.0 | 6.5 | 7.1 | 9.9 | 8.9 | −9.2% | |
| Inventory | 0.0 | 0.2 | 0.3 | 0.8 | 0.4 | 1.7 | +292.9% | |
| Total current assets | 6.6 | 10.9 | 12.5 | 15.6 | 13.9 | 25.3 | +82.7% | |
| Property, plant & equipment | 0.3 | 0.4 | 2.6 | 3.0 | 3.4 | 3.5 | +3.5% | |
| Goodwill & intangibles | 6.5 | 8.6 | 12.4 | 18.6 | 22.8 | — | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Total assets | 13.4 | 19.8 | 27.5 | 37.2 | 40.1 | 56.1 | +40.1% | |
| Payables | 0.9 | 0.9 | 2.4 | 3.5 | 2.7 | 7.0 | +154.8% | |
| Short-term debt | 0.8 | 0.8 | 0.9 | 1.7 | 3.9 | 4.5 | +17.6% | |
| Total current liabilities | 4.0 | 3.3 | 5.8 | 9.0 | 14.9 | 21.2 | +41.8% | |
| Long-term debt | 5.0 | 4.2 | 3.3 | 2.3 | 1.4 | 2.3 | +63.0% | |
| Total debt | 6.1 | 5.2 | 6.4 | 6.1 | 8.0 | 6.9 | −14.1% | |
| Net debt | 4.7 | (0.6) | 3.3 | 1.0 | 6.0 | (0.7) | −111.6% | |
| Deferred revenue | 0.9 | 0.0 | 0.6 | 1.2 | 0.0 | — | — | |
| Total liabilities | 10.5 | 7.7 | 11.5 | 14.8 | 19.2 | 24.7 | +28.8% | |
| Total equity | 2.8 | 12.2 | 16.0 | 22.4 | 20.9 | 31.4 | +50.4% | |
| Retained earnings | 2.9 | 5.1 | 7.1 | 7.4 | 4.7 | 6.0 | +28.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
