| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 2.0 | 1.5 | 1.2 | 4.2 | 6.4 | 7.2 | +13.4% | |
| Cash & short-term investments | 2.3 | 1.7 | 1.2 | 4.2 | 6.4 | 7.2 | +13.4% | |
| Receivables | 8.4 | 7.8 | 17.0 | 22.1 | 14.0 | 22.8 | +62.4% | |
| Inventory | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | +13.3% | |
| Total current assets | 11.1 | 10.1 | 19.3 | 25.2 | 37.8 | 30.1 | −20.4% | |
| Property, plant & equipment | 6.6 | 9.2 | 14.6 | 20.8 | 7.4 | 7.5 | +1.4% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 2.3 | 16.5 | +611.6% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 17.7 | 19.4 | 33.9 | 47.7 | 47.5 | 54.2 | +14.0% | |
| Payables | 0.8 | 1.3 | 2.3 | 2.0 | 1.0 | 1.0 | −2.0% | |
| Short-term debt | 0.3 | 3.1 | 6.5 | 10.0 | 7.3 | 7.1 | −2.1% | |
| Total current liabilities | 6.0 | 8.7 | 15.9 | 25.4 | 32.7 | 25.7 | −21.5% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.0 | — | |
| Total debt | 6.0 | 10.7 | 19.5 | 26.9 | 12.7 | 17.1 | +35.2% | |
| Net debt | 4.0 | 9.2 | 18.2 | 22.8 | 6.3 | 9.9 | +57.5% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 11.4 | 15.9 | 27.1 | 39.0 | 35.8 | 42.0 | +17.3% | |
| Total equity | 6.3 | 3.4 | 6.8 | 8.7 | 11.7 | 12.2 | +4.2% | |
| Retained earnings | 6.3 | 3.4 | 3.3 | 3.5 | 0.8 | (0.8) | −205.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
