Restore Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.8	8	22.7	30.2	32.9	26.4
Cash & Short-Term Investments	12.8	8	22.7	30.2	32.9	26.4
Cash Growth	28.00%	-64.76%	-24.83%	-8.21%	24.62%	55.29%
Accounts Receivable	68.9	48.3	50.4	53.5	34.5	22.5
Other Receivables	-	0.7	3	1.6	0.4	0.9
Receivables	68.9	49	53.4	55.1	34.9	23.4
Inventory	3.4	1.3	1.5	2	1.4	0.9
Prepaid Expenses	-	7.7	10.9	9.8	22	18.1
Total Current Assets	85.1	66	88.5	97.1	91.2	68.8
Property, Plant & Equipment	223.8	208.7	191.6	186.5	181.3	177.7
Goodwill	185	169	169	201.5	194.9	148.2
Other Intangible Assets	129.1	105.4	115.7	130.4	132.3	99.2
Long-Term Accounts Receivable	4	4.6	5.2	5.1	-	-
Long-Term Deferred Tax Assets	-	-	-	-	5.9	3.4
Total Assets	627	553.7	570	620.6	605.6	497.3
Accounts Payable	63.4	11.7	14.1	18.6	15	12.5
Accrued Expenses	-	24	26.6	25.1	29.8	26.3
Current Portion of Long-Term Debt	7.9	3.2	0.1	-	-	-
Current Portion of Leases	21.9	19.3	20.6	19.2	18.2	16.7
Current Income Taxes Payable	0.7	-	-	1.6	1.5	-
Current Unearned Revenue	-	4.8	4.2	4.6	-	-
Other Current Liabilities	3.9	3.9	4.4	2.5	1.6	0.4
Total Current Liabilities	97.8	66.9	70	71.6	66.1	55.9
Long-Term Debt	125	93.8	120.5	133.7	133.7	92.5
Long-Term Leases	128.2	120.7	105.7	95.7	98.8	104
Long-Term Unearned Revenue	-	-	-	0.1	-	-
Long-Term Deferred Tax Liabilities	34.1	28.7	29.3	30.9	33.9	19.8
Other Long-Term Liabilities	9.8	9.8	14.6	15.4	7.9	6.5
Total Liabilities	394.9	319.9	340.1	347.4	340.4	278.7
Common Stock	6.8	6.8	6.8	6.8	6.8	6.3
Additional Paid-In Capital	187.9	187.9	187.9	187.9	187.9	150.3
Retained Earnings	39.1	39.6	31.5	71.6	63.5	56
Treasury Stock	-	-3.1	-0.7	-1.6	-2.6	-0.8
Comprehensive Income & Other	-1.7	2.6	4.4	8.5	9.6	6.8
Shareholders' Equity	232.1	233.8	229.9	273.2	265.2	218.6
Total Liabilities & Equity	627	553.7	570	620.6	605.6	497.3
Total Debt	283	237	246.9	248.6	250.7	213.2
Net Cash (Debt)	-270.2	-229	-224.2	-218.4	-217.8	-186.8
Net Cash Per Share	-1.96	-1.66	-1.64	-1.58	-1.58	-1.45
Filing Date Shares Outstanding	136.92	136.92	136.92	136.92	136.67	125.65
Total Common Shares Outstanding	136.92	136.92	136.92	136.92	136.67	125.65
Working Capital	-12.7	-0.9	18.5	25.5	25.1	12.9
Book Value Per Share	1.70	1.71	1.68	2.00	1.94	1.74
Tangible Book Value	-82	-40.6	-54.8	-58.7	-62	-28.8
Tangible Book Value Per Share	-0.60	-0.30	-0.40	-0.43	-0.45	-0.23
Land	-	43.8	40.2	64.4	35.7	30.5
Machinery	-	75.2	67.2	63.1	57.9	50.2
Leasehold Improvements	-	29.2	28.6	-	26.4	22.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.