| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 1.4 | 0.1 | 4.7 | 10.3 | 8.3 | 1.3 | −84.0% | |
| Depreciation & amortization | 1.9 | 2.0 | 2.0 | 2.2 | 2.3 | 2.7 | +14.5% | |
| Stock-based compensation | 0.2 | (0.1) | 0.8 | 0.9 | 0.0 | 0.0 | — | |
| Change in working capital | (3.1) | (3.6) | (2.1) | 1.9 | (2.6) | 0.5 | +118.3% | |
| Operating cash flow | (0.5) | (1.9) | 6.5 | 15.9 | 8.6 | 4.7 | −45.1% | |
| Capital expenditure | (2.2) | (2.4) | (4.5) | (2.9) | (5.0) | (3.1) | +37.7% | |
| Acquisitions | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 1.3 | +278.9% | |
| Investing cash flow | (1.9) | (2.1) | (4.6) | (2.6) | (4.7) | (1.9) | +60.2% | |
| Dividends paid | 0.0 | (0.5) | (0.4) | (1.9) | (4.2) | (3.2) | +23.3% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.6) | — | |
| Debt issued / repaid | (0.3) | (0.3) | (0.3) | (0.8) | (0.2) | 0.0 | +100.0% | |
| Financing cash flow | (0.4) | (0.8) | (0.7) | (2.9) | (4.4) | (4.0) | +8.5% | |
| Free cash flow | (2.7) | (4.3) | 2.0 | 13.0 | 3.6 | 1.6 | −55.4% | |
| Net change in cash | (12.7) | 5.3 | (3.8) | 10.5 | (3.4) | 13.8 | +508.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
