| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (3.5) | (6.9) | (10.5) | (8.6) | (10.6) | 0.7 | +106.3% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.3 | 0.5 | 0.4 | 0.2 | −51.8% | |
| Stock-based compensation | 0.3 | 0.5 | 0.5 | 0.6 | 0.2 | 0.3 | +105.1% | |
| Change in working capital | 0.7 | (0.4) | (1.7) | 0.9 | (2.5) | 0.1 | +102.3% | |
| Operating cash flow | (1.9) | (5.5) | (10.8) | (5.8) | (9.2) | (2.3) | +75.0% | |
| Capital expenditure | (0.1) | (0.1) | (0.3) | (0.2) | (0.0) | (0.1) | −330.4% | |
| Acquisitions | 0.0 | 0.0 | 0.3 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (0.0) | (0.1) | (8.0) | 6.5 | 1.7 | 2.4 | +38.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 1.9 | 2.5 | (0.2) | 0.0 | 0.0 | 0.0 | −100.0% | |
| Financing cash flow | 1.8 | 20.9 | 5.2 | (0.2) | 5.6 | (0.1) | −102.6% | |
| Free cash flow | (1.9) | (5.5) | (11.1) | (6.0) | (9.2) | (2.4) | +74.0% | |
| Net change in cash | (0.2) | 15.4 | (13.6) | 0.3 | (1.9) | (0.2) | +87.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
