| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 7.0 | 26.3 | 12.1 | 3.7 | 2.5 | 6.2 | +152.3% | |
| Cash & short-term investments | 7.0 | 26.3 | 12.1 | 3.7 | 2.5 | 6.2 | +152.3% | |
| Receivables | 0.1 | 0.1 | 0.0 | 1.1 | 0.0 | 0.1 | +713.0% | |
| Inventory | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 7.9 | 35.7 | 53.9 | 5.0 | 4.1 | 6.5 | +59.0% | |
| Property, plant & equipment | 0.0 | 24.6 | 35.2 | 0.6 | 0.3 | 0.0 | −90.8% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 12.5 | 0.0 | 0.0 | — | |
| Total assets | 7.9 | 60.2 | 89.1 | 18.1 | 4.4 | 10.9 | +147.0% | |
| Payables | 0.1 | 0.6 | 2.8 | 0.3 | 0.1 | 0.2 | +169.9% | |
| Short-term debt | 0.0 | 0.1 | 36.8 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 0.4 | 4.9 | 42.1 | 0.9 | 1.4 | 1.6 | +12.3% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.0 | 0.6 | 37.3 | 0.0 | 0.0 | 0.0 | — | |
| Net debt | (7.0) | (25.7) | 25.2 | (3.7) | (2.5) | (6.2) | −152.3% | |
| Deferred revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 0.4 | 24.1 | 68.2 | 1.1 | 1.8 | 1.9 | +9.0% | |
| Total equity | 7.5 | 36.1 | 20.9 | 16.9 | 2.7 | 9.0 | +237.7% | |
| Retained earnings | (1.8) | (6.5) | (22.0) | (26.2) | (41.3) | (35.9) | +13.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
