| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 43.3 | 16.5 | 36.3 | 20.5 | 16.7 | 17.1 | +2.6% | |
| Cash & short-term investments | 43.3 | 16.5 | 36.3 | 22.5 | 18.6 | 17.1 | −8.0% | |
| Receivables | (20.2) | 5.8 | 10.8 | 0.0 | 7.0 | 8.8 | +25.6% | |
| Inventory | 2.2 | 2.0 | 2.0 | 0.0 | 0.5 | 0.0 | −100.0% | |
| Total current assets | 45.7 | 24.6 | 49.5 | 20.5 | 7.0 | 25.9 | +268.4% | |
| Property, plant & equipment | 0.3 | 0.2 | 0.3 | 0.3 | 0.4 | 0.3 | −15.9% | |
| Goodwill & intangibles | 0.5 | 0.5 | 0.6 | 0.6 | 0.5 | 0.4 | −17.7% | |
| Long-term investments | 21.2 | 13.6 | 42.5 | 38.6 | 496.3 | 533.9 | +7.6% | |
| Total assets | 563.6 | 575.5 | 506.3 | 522.1 | 544.2 | 582.3 | +7.0% | |
| Payables | 0.1 | 73.9 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 0.0 | 0.2 | 0.2 | 25.6 | 0.3 | 20.2 | +6338.2% | |
| Total current liabilities | 69.4 | 74.1 | 0.2 | 0.3 | 0.3 | 0.4 | +39.8% | |
| Long-term debt | 5.6 | 5.0 | 5.1 | 5.6 | 7.4 | 4.9 | −33.7% | |
| Total debt | 5.8 | 5.4 | 5.5 | 6.1 | 7.7 | 25.1 | +226.2% | |
| Net debt | (37.5) | 1.8 | (30.8) | (14.4) | (9.0) | 8.0 | +189.5% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 553.7 | 564.5 | 494.2 | 517.3 | 540.7 | 580.0 | +7.3% | |
| Total equity | 10.0 | 11.0 | 5.6 | 4.8 | 3.5 | 2.3 | −35.7% | |
| Retained earnings | 8.2 | 9.2 | 3.7 | 3.0 | 1.7 | 0.5 | −69.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
