S4 Capital Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	248	136	203	309	1,060	3,521
Market Cap Growth	69.33%	-33.05%	-34.27%	-70.89%	-69.88%	33.47%
Enterprise Value	363.54	250.94	384.5	533.21	1,222	3,573
Last Close Price	0.38	0.20	0.33	0.53	1.89	6.34
Forward PE	6.62	4.36	5.51	7.25	12.91	42.87
PEG Ratio	0.63	0.80	0.49	0.48	0.56	1.23
PS Ratio	0.33	0.18	0.24	0.31	0.99	5.13
PB Ratio	0.49	0.27	0.35	0.35	1.20	4.39
P/FCF Ratio	2.04	1.12	2.53	-	6.66	31.43
P/OCF Ratio	2.00	1.09	2.41	-	6.04	28.60
EV/Sales Ratio	0.48	0.33	0.45	0.53	1.14	5.20
EV/EBITDA Ratio	5.19	3.58	5.44	5.44	-	248.09
EV/EBIT Ratio	134.64	92.94	-	26.40	-	-
EV/FCF Ratio	2.98	2.06	4.80	-	7.68	31.90
Debt / Equity Ratio	0.68	0.68	0.58	0.40	0.42	0.42
Debt / EBITDA Ratio	5.08	5.08	4.95	3.77	-	24.52
Debt / FCF Ratio	2.92	2.92	4.37	-	2.42	3.15
Net Debt / Equity Ratio	0.23	0.23	0.31	0.25	0.18	0.07
Net Debt / EBITDA Ratio	1.64	1.64	2.57	2.29	-5.47	3.61
Net Debt / FCF Ratio	0.94	0.94	2.27	-13.52	1.02	0.47
Asset Turnover	0.54	0.54	0.53	0.55	0.59	0.48
Quick Ratio	1.27	1.27	1.23	1.22	1.04	1.44
Current Ratio	1.28	1.28	1.25	1.23	1.04	1.44
Return on Equity (ROE)	-4.58%	-4.58%	-41.77%	-1.61%	-18.93%	-7.48%
Return on Assets (ROA)	0.20%	0.20%	-17.65%	1.13%	-7.46%	-3.00%
Return on Invested Capital (ROIC)	0.45%	0.41%	-29.95%	1.92%	-14.24%	-6.06%
Return on Capital Employed (ROCE)	0.30%	0.30%	-27.23%	1.56%	-10.63%	-3.10%
FCF Yield	49.03%	89.67%	39.48%	-	15.01%	3.18%
Dividend Yield	2.92%	4.43%	0.00%	0.00%	0.00%	0.00%
Payout Ratio	-	-24.60%	0.00%	0.00%	0.00%	0.00%
Buyback Yield / Dilution	-0.43%	-0.43%	-5.12%	-8.22%	-7.05%	-11.85%
Total Shareholder Return	2.50%	4.01%	-5.12%	-8.22%	-7.05%	-11.85%