| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.4 | 13.5 | 4.9 | 2.2 | 1.0 | 0.4 | −61.6% | |
| Cash & short-term investments | 1.4 | 13.5 | 4.9 | 2.2 | 1.0 | 0.4 | −61.6% | |
| Receivables | 6.0 | 13.7 | 6.6 | 5.8 | 5.4 | 7.3 | +35.7% | |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 7.9 | 28.5 | 16.8 | 12.0 | 10.3 | 11.7 | +13.3% | |
| Property, plant & equipment | 2.8 | 4.6 | 2.8 | 3.0 | 3.8 | 2.5 | −33.5% | |
| Goodwill & intangibles | 15.7 | 63.2 | 69.3 | 68.6 | 68.4 | 66.1 | −3.4% | |
| Long-term investments | 0.1 | 0.7 | 0.5 | 0.3 | 0.1 | 0.0 | −100.0% | |
| Total assets | 26.6 | 101.2 | 93.7 | 90.7 | 88.4 | 86.3 | −2.4% | |
| Payables | 2.6 | 6.7 | 8.1 | 10.3 | 9.8 | 12.0 | +22.6% | |
| Short-term debt | 0.6 | 2.2 | 1.6 | 1.3 | 5.9 | 7.1 | +19.9% | |
| Total current liabilities | 14.3 | 29.5 | 26.5 | 34.5 | 39.2 | 45.7 | +16.6% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 3.0 | 4.4 | 2.5 | 2.5 | 9.2 | 8.2 | −10.9% | |
| Net debt | 1.6 | (9.1) | (2.4) | 0.3 | 8.2 | 7.8 | −4.7% | |
| Deferred revenue | 8.1 | 12.1 | 11.0 | 15.0 | 0.0 | 0.0 | — | |
| Total liabilities | 17.5 | 40.2 | 33.3 | 41.0 | 45.7 | 50.9 | +11.3% | |
| Total equity | 9.1 | 61.0 | 60.4 | 49.7 | 42.7 | 35.4 | −17.1% | |
| Retained earnings | (13.2) | (21.9) | (26.1) | (34.0) | (40.6) | (50.2) | −23.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
