| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 24.7 | 10.8 | 11.6 | 5.6 | 4.7 | 15.7 | +235.9% | |
| Cash & short-term investments | 24.7 | 10.8 | 11.6 | 5.6 | 4.7 | 15.7 | +235.9% | |
| Receivables | 35.1 | 33.7 | 42.7 | 34.7 | 35.0 | 25.0 | −28.6% | |
| Inventory | 30.9 | 31.7 | 34.2 | 24.6 | 20.0 | 18.7 | −6.7% | |
| Total current assets | 94.1 | 81.4 | 90.6 | 70.7 | 62.2 | 62.4 | +0.3% | |
| Property, plant & equipment | 163.6 | 174.0 | 168.5 | 167.4 | 155.9 | 133.4 | −14.4% | |
| Goodwill & intangibles | 105.8 | 95.9 | 37.0 | 35.4 | 29.0 | 17.2 | −40.4% | |
| Long-term investments | 233.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 371.3 | 351.2 | 296.1 | 273.5 | 247.0 | 213.3 | −13.6% | |
| Payables | 22.1 | 20.9 | 17.0 | 15.2 | 8.7 | 29.3 | +238.9% | |
| Short-term debt | 6.2 | 6.2 | 6.2 | 4.2 | 5.7 | 47.1 | +733.1% | |
| Total current liabilities | 48.5 | 53.0 | 51.3 | 56.1 | 41.3 | 81.8 | +98.3% | |
| Long-term debt | 16.5 | 10.4 | 20.6 | 3.7 | 23.5 | 0.0 | −100.0% | |
| Total debt | 69.8 | 71.0 | 77.6 | 54.1 | 74.0 | 91.7 | +23.9% | |
| Net debt | 45.1 | 60.2 | 66.0 | 48.5 | 69.3 | 76.0 | +9.7% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 110.9 | 116.6 | 121.0 | 103.7 | 112.9 | 123.6 | +9.5% | |
| Total equity | 260.4 | 234.6 | 175.1 | 169.8 | 134.1 | 89.7 | −33.1% | |
| Retained earnings | 62.1 | 29.3 | (45.2) | (47.5) | (85.6) | (122.3) | −42.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
