| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 11.7 | 7.0 | 19.0 | 32.5 | 85.2 | 105.9 | +24.3% | |
| Cash & short-term investments | 11.7 | 7.0 | 19.0 | 32.5 | 85.2 | 105.9 | +24.3% | |
| Receivables | 3.0 | 33.2 | 11.5 | 11.8 | 88.8 | 93.9 | +5.7% | |
| Inventory | 0.0 | 0.0 | 0.3 | 0.5 | 0.4 | 0.4 | +8.4% | |
| Total current assets | 30.0 | 47.5 | 75.1 | 160.2 | 182.7 | 224.0 | +22.6% | |
| Property, plant & equipment | 1.7 | 3.9 | 3.8 | 6.3 | 14.2 | 16.8 | +18.6% | |
| Goodwill & intangibles | 0.6 | 1.3 | 3.1 | 2.6 | 3.0 | 7.8 | +160.6% | |
| Long-term investments | (2.5) | (0.7) | 1.6 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 37.1 | 59.6 | 88.9 | 176.3 | 214.5 | 274.9 | +28.2% | |
| Payables | 2.3 | 3.7 | 4.6 | 6.5 | 10.2 | 12.0 | +17.2% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.5 | +125.2% | |
| Total current liabilities | 31.4 | 49.7 | 73.9 | 127.9 | 136.4 | 164.2 | +20.4% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.4 | 4.7 | 9.8 | +106.5% | |
| Total debt | 0.4 | 0.3 | 0.2 | 2.0 | 6.8 | 11.2 | +65.5% | |
| Net debt | (11.4) | (6.8) | (18.8) | (30.5) | (78.4) | (94.7) | −20.7% | |
| Deferred revenue | (0.1) | (0.1) | (0.1) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 32.5 | 50.3 | 74.1 | 129.5 | 144.1 | 177.1 | +22.9% | |
| Total equity | 4.5 | 9.3 | 14.8 | 46.8 | 70.3 | 97.8 | +39.1% | |
| Retained earnings | (7.2) | (2.4) | 3.0 | 34.9 | 70.2 | 97.7 | +39.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
