Smart and Easy NV

We deployed over fifteen million pounds during the year, principally on Jadu, acquisition related payments from earlier deals, and the dividend payment.

That's four acquisitions in three years, Score, GovTech, Parble, and now Jadu, all funded from cash reserves.

Each acquisition added capability to Liberty and the balance sheet remained strong.

We ended the year with twenty-one million pounds of cash, no borrowings, and adjusted net funds of eighteen point three million pounds, having cleared the last of our debt in FY twenty-three.