| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.7 | 0.5 | 0.7 | 0.4 | 0.4 | 0.6 | +41.9% | |
| Cash & short-term investments | 0.7 | 0.5 | 0.7 | 0.4 | 0.4 | 0.6 | +41.9% | |
| Receivables | 0.0 | 0.6 | 0.5 | 0.5 | 0.6 | 0.7 | +24.9% | |
| Inventory | (0.7) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 1.2 | 1.1 | 1.3 | 1.0 | 1.3 | 1.3 | −2.9% | |
| Property, plant & equipment | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | −0.0% | |
| Goodwill & intangibles | 8.2 | 8.6 | 10.6 | 8.7 | 7.7 | 7.0 | −8.6% | |
| Long-term investments | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | +99.1% | |
| Total assets | 7.3 | 7.3 | 8.7 | 10.9 | 10.1 | 9.4 | −7.3% | |
| Payables | 0.0 | 0.1 | 0.1 | 0.9 | 1.1 | 1.2 | +3.0% | |
| Short-term debt | 0.0 | 0.1 | 0.4 | 0.3 | 0.0 | 0.0 | +0.4% | |
| Total current liabilities | 1.3 | 1.2 | 1.8 | 1.8 | 1.8 | 2.4 | +39.3% | |
| Long-term debt | 2.1 | 2.2 | 2.7 | 3.0 | 3.6 | 3.6 | +1.1% | |
| Total debt | 2.4 | 2.6 | 3.4 | 3.6 | 4.0 | 4.0 | +0.9% | |
| Net debt | 1.7 | 2.1 | 2.7 | 3.2 | 3.6 | 3.4 | −3.6% | |
| Deferred revenue | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | 0.2 | — | |
| Total liabilities | 4.2 | 4.1 | 5.4 | 8.1 | 8.1 | 8.1 | −0.7% | |
| Total equity | 3.0 | 3.2 | 3.1 | 2.3 | 1.5 | 0.9 | −42.4% | |
| Retained earnings | 1.6 | 1.9 | 1.7 | (2.2) | (2.8) | (1.0) | +63.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
