| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 46.7 | 108.9 | 141.3 | 103.7 | 60.7 | 96.9 | +59.7% | |
| Cash & short-term investments | 47.0 | 109.0 | 141.3 | 103.7 | 60.7 | 96.9 | +59.7% | |
| Receivables | 51.4 | 42.1 | 57.6 | 13.3 | 42.1 | 65.2 | +54.8% | |
| Inventory | 6.9 | 9.5 | 12.6 | 12.9 | 13.6 | 17.3 | +27.7% | |
| Total current assets | 107.9 | 163.8 | 215.5 | 141.3 | 133.2 | 185.6 | +39.4% | |
| Property, plant & equipment | 72.3 | 69.7 | 133.8 | 75.7 | 64.3 | 107.6 | +67.4% | |
| Goodwill & intangibles | 0.1 | 0.1 | 105.9 | 31.0 | 29.2 | 25.2 | −13.9% | |
| Long-term investments | 0.0 | 3.6 | 5.0 | 4.3 | 4.9 | 7.3 | +47.4% | |
| Total assets | 183.9 | 237.2 | 460.2 | 252.3 | 231.6 | 325.7 | +40.6% | |
| Payables | 7.8 | 5.3 | 13.6 | 6.1 | 9.6 | 14.2 | +47.8% | |
| Short-term debt | 4.5 | 0.9 | 3.3 | 3.7 | 0.3 | 0.0 | −100.0% | |
| Total current liabilities | 52.5 | 33.3 | 59.7 | 44.3 | 58.3 | 84.2 | +44.4% | |
| Long-term debt | 0.0 | 0.0 | 39.8 | 38.5 | 39.8 | 41.5 | +4.3% | |
| Total debt | 13.8 | 9.3 | 114.3 | 111.5 | 108.8 | 148.1 | +36.2% | |
| Net debt | (32.9) | (99.6) | (27.0) | 7.7 | 48.1 | 51.2 | +6.5% | |
| Deferred revenue | 28.3 | 13.4 | 19.3 | 0.0 | 0.0 | 42.8 | — | |
| Total liabilities | 71.2 | 49.9 | 224.0 | 174.5 | 171.2 | 234.4 | +36.9% | |
| Total equity | 112.7 | 187.3 | 204.7 | 74.0 | 57.0 | 91.3 | +60.1% | |
| Retained earnings | (188.7) | (165.8) | (198.5) | (352.9) | (399.5) | (415.9) | −4.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
