| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 103.4 | 76.7 | 27.4 | 37.9 | 20.4 | 36.9 | +80.7% | |
| Cash & short-term investments | 681.8 | 686.5 | 553.1 | 37.9 | 585.0 | 36.9 | −93.7% | |
| Receivables | 0.0 | 0.0 | 0.0 | 0.0 | 14.0 | 11.9 | −14.6% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 691.0 | 699.7 | 568.6 | 37.9 | 605.0 | 696.5 | +15.1% | |
| Property, plant & equipment | 30.3 | 27.6 | 24.0 | 20.3 | 17.8 | 23.5 | +32.1% | |
| Goodwill & intangibles | 0.1 | 0.1 | 1.2 | 1.9 | 1.7 | 0.4 | −76.3% | |
| Long-term investments | (578.5) | 50.3 | 54.1 | 0.0 | 68.5 | 89.3 | +30.3% | |
| Total assets | 721.9 | 727.7 | 594.0 | 692.7 | 624.9 | 811.8 | +29.9% | |
| Payables | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Short-term debt | 3.3 | 8.5 | 8.9 | 21.0 | 6.0 | 3.8 | −37.0% | |
| Total current liabilities | 630.3 | 585.9 | 467.7 | 576.2 | 519.4 | 3.8 | −99.3% | |
| Long-term debt | 21.0 | 21.0 | 15.0 | 9.0 | 3.0 | 6.7 | +122.2% | |
| Total debt | 46.6 | 50.2 | 42.1 | 48.7 | 25.8 | 33.4 | +29.3% | |
| Net debt | (56.8) | (26.5) | 14.6 | 10.8 | 5.4 | (3.5) | −164.0% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | (3.7) | 0.0 | 0.0 | — | |
| Total liabilities | 673.5 | 627.5 | 500.9 | 601.0 | 536.2 | 703.3 | +31.2% | |
| Total equity | 48.4 | 100.1 | 93.1 | 90.2 | 88.0 | 108.5 | +23.3% | |
| Retained earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
