| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 11.9 | 28.2 | 33.3 | 26.3 | 30.7 | 21.3 | −30.4% | |
| Depreciation & amortization | 5.2 | 4.8 | 5.2 | 5.8 | 5.2 | 5.4 | +2.3% | |
| Stock-based compensation | 1.0 | 1.0 | 1.2 | 1.6 | 1.8 | 2.1 | +14.1% | |
| Change in working capital | 9.8 | (55.5) | (55.5) | (31.2) | 10.6 | (49.9) | −570.9% | |
| Operating cash flow | 17.6 | (36.7) | (8.9) | (3.4) | 25.6 | (28.8) | −212.5% | |
| Capital expenditure | (3.4) | (7.0) | (6.4) | (12.1) | (1.5) | (1.4) | +7.1% | |
| Acquisitions | 1.4 | 1.5 | 12.6 | 6.6 | 0.3 | 13.7 | +4951.1% | |
| Investing cash flow | (10.5) | (25.0) | 24.5 | (9.9) | 2.0 | 5.4 | +169.0% | |
| Dividends paid | (4.6) | (7.6) | (8.4) | (9.3) | (10.0) | (10.5) | −5.2% | |
| Share buybacks | (0.6) | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.8) | (0.7) | (0.7) | 21.5 | (11.0) | 37.6 | +442.0% | |
| Financing cash flow | (7.2) | 30.6 | 3.0 | 8.9 | (23.8) | 15.0 | +163.0% | |
| Free cash flow | 14.2 | (43.7) | (15.3) | (15.5) | 24.1 | (30.2) | −225.2% | |
| Net change in cash | (0.2) | (31.0) | 6.3 | (4.4) | 3.7 | (8.4) | −324.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
