| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 5.2 | 2.5 | 6.5 | 1.6 | 2.8 | 5.5 | +97.8% | |
| Cash & short-term investments | 5.2 | 7.8 | 6.5 | 1.6 | 2.8 | 5.5 | +97.6% | |
| Receivables | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 | 0.2 | −42.2% | |
| Inventory | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.1 | −26.6% | |
| Total current assets | 5.7 | 8.3 | 7.0 | 2.1 | 3.5 | 6.1 | +73.1% | |
| Property, plant & equipment | 0.3 | 0.1 | 0.8 | 0.9 | 0.8 | 0.6 | −20.6% | |
| Goodwill & intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Long-term investments | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 6.1 | 8.4 | 7.8 | 3.0 | 4.3 | 6.7 | +55.5% | |
| Payables | 0.4 | 0.4 | 0.5 | 0.2 | 0.1 | 0.2 | +45.4% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | — | |
| Total current liabilities | 1.5 | 1.3 | 1.3 | 0.6 | 0.5 | 0.9 | +77.4% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 0.0 | 0.0 | 0.7 | 0.8 | 0.6 | 0.5 | −21.5% | |
| Net debt | (5.1) | (2.5) | (5.8) | (0.8) | (2.2) | (5.0) | −133.5% | |
| Deferred revenue | (0.1) | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 1.5 | 1.4 | 2.0 | 1.4 | 1.2 | 1.4 | +20.4% | |
| Total equity | 4.5 | 7.1 | 5.9 | 1.6 | 3.1 | 5.3 | +68.9% | |
| Retained earnings | (124.8) | (130.8) | (137.8) | (144.2) | (148.6) | (136.4) | +8.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
