| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 5.0 | 7.7 | (5.0) | (3.7) | 2.2 | (5.0) | −327.3% | |
| Depreciation & amortization | 16.5 | 15.0 | 14.4 | 12.8 | 9.8 | 9.6 | −2.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 6.3 | (3.5) | (16.0) | (2.8) | 2.4 | (0.4) | −116.7% | |
| Operating cash flow | 12.9 | (12.0) | (5.9) | (14.9) | (2.6) | 7.4 | +384.6% | |
| Capital expenditure | (13.8) | (10.7) | (14.4) | (11.6) | (9.5) | (11.9) | −25.3% | |
| Acquisitions | (0.3) | (9.6) | (1.6) | 16.6 | 7.6 | 20.2 | +165.8% | |
| Investing cash flow | 8.3 | (4.0) | (3.2) | 10.0 | 58.0 | (15.2) | −126.2% | |
| Dividends paid | (2.8) | (5.2) | (4.0) | (4.0) | 0.0 | (6.6) | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | (12.7) | −6250.0% | |
| Debt issued / repaid | (1.7) | (9.3) | (0.2) | 2.8 | (3.9) | (0.9) | +76.9% | |
| Financing cash flow | (12.4) | (18.4) | (12.1) | (5.9) | (9.0) | (21.8) | −142.2% | |
| Free cash flow | (0.9) | (22.7) | (20.3) | (26.5) | (12.1) | (4.5) | +62.8% | |
| Net change in cash | 5.5 | (35.0) | (14.3) | (11.7) | 51.0 | (25.5) | −150.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
