| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 0.7 | 2.8 | 4.3 | 2.0 | 3.8 | 1.7 | −55.4% | |
| Cash & short-term investments | 0.7 | 2.8 | 4.3 | 2.0 | 3.8 | 1.7 | −55.4% | |
| Receivables | 0.0 | 0.0 | 0.0 | 0.3 | 0.5 | 1.3 | +186.7% | |
| Inventory | 0.7 | 2.1 | 1.6 | 2.7 | 0.9 | 1.3 | +50.9% | |
| Total current assets | 1.7 | 5.7 | 8.0 | 6.0 | 6.7 | 5.2 | −22.2% | |
| Property, plant & equipment | 5.1 | 6.3 | 10.3 | 13.1 | 11.5 | 3.6 | −68.7% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +0.0% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 6.8 | 12.9 | 19.0 | 20.0 | 19.3 | 19.4 | +0.4% | |
| Payables | 0.3 | 0.6 | 1.9 | 1.8 | 1.3 | 2.9 | +128.7% | |
| Short-term debt | 0.5 | 0.5 | 1.1 | 0.0 | 0.4 | 12.6 | +2808.1% | |
| Total current liabilities | 2.3 | 1.3 | 3.5 | 2.4 | 2.4 | 17.0 | +613.7% | |
| Long-term debt | 0.4 | 0.9 | 3.3 | 7.4 | 17.1 | 5.0 | −70.8% | |
| Total debt | 0.9 | 1.4 | 1.1 | 7.4 | 17.6 | 17.6 | +0.5% | |
| Net debt | 0.2 | (1.4) | (3.2) | 5.4 | 13.8 | 16.0 | +15.8% | |
| Deferred revenue | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 2.8 | 2.3 | 3.5 | 9.8 | 19.5 | 22.1 | +13.0% | |
| Total equity | 4.0 | 10.7 | 15.4 | 10.2 | (0.3) | (2.7) | −907.4% | |
| Retained earnings | (28.6) | (31.4) | (35.7) | (41.1) | (50.5) | (59.0) | −16.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
