| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 15.5 | 14.5 | 4.2 | 11.0 | 18.2 | 9.6 | −47.3% | |
| Cash & short-term investments | 15.5 | 14.5 | 4.2 | 11.0 | 18.2 | 9.6 | −47.3% | |
| Receivables | 22.9 | 28.6 | 47.9 | 36.2 | 60.2 | 61.5 | +2.2% | |
| Inventory | 3.5 | 5.5 | 9.6 | 11.1 | 15.9 | 16.2 | +1.9% | |
| Total current assets | 52.0 | 55.1 | 61.7 | 70.0 | 94.3 | 87.3 | −7.4% | |
| Property, plant & equipment | 9.1 | 9.8 | 9.0 | 10.0 | 15.2 | 14.0 | −7.9% | |
| Goodwill & intangibles | 27.4 | 25.3 | 25.3 | 24.0 | 117.4 | 108.4 | −7.7% | |
| Long-term investments | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | +0.0% | |
| Total assets | 105.0 | 128.1 | 129.7 | 137.9 | 272.4 | 221.6 | −18.6% | |
| Payables | 13.1 | 12.8 | 15.3 | 17.4 | 72.1 | 61.7 | −14.4% | |
| Short-term debt | 0.8 | 1.8 | 8.0 | 8.0 | 43.4 | 51.5 | +18.7% | |
| Total current liabilities | 43.7 | 42.6 | 49.5 | 54.9 | 120.5 | 119.8 | −0.6% | |
| Long-term debt | 0.9 | 0.9 | 0.9 | 0.9 | 14.5 | 6.0 | −58.6% | |
| Total debt | 5.1 | 6.9 | 14.2 | 15.1 | 67.6 | 68.5 | +1.3% | |
| Net debt | (10.4) | (7.6) | 10.0 | 4.1 | 49.4 | 58.9 | +19.2% | |
| Deferred revenue | 18.2 | 17.5 | 0.2 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 58.8 | 62.7 | 67.5 | 73.9 | 164.4 | 146.3 | −11.0% | |
| Total equity | 46.2 | 65.4 | 62.2 | 64.0 | 108.0 | 75.3 | −30.3% | |
| Retained earnings | 10.0 | 30.7 | 26.6 | 27.6 | 35.2 | 1.0 | −97.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
