| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (1.7) | (3.3) | (3.4) | (4.1) | (14.4) | (7.1) | +51.0% | |
| Depreciation & amortization | 0.1 | 0.2 | 0.2 | 0.4 | 0.5 | 0.5 | −2.4% | |
| Stock-based compensation | 0.8 | 1.4 | (1.4) | 0.2 | 0.2 | 0.0 | −100.0% | |
| Change in working capital | 0.1 | (0.3) | (2.3) | 1.4 | (1.9) | (1.1) | +40.2% | |
| Operating cash flow | (0.7) | (2.1) | (7.2) | (2.4) | (5.9) | (7.4) | −25.5% | |
| Capital expenditure | (0.4) | (0.7) | (4.6) | (4.4) | (3.0) | (0.0) | +98.8% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (0.2) | (0.6) | (19.6) | 3.1 | 3.7 | (1.1) | −129.0% | |
| 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 | 0.0 | 0.0 | (0.4) | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 2.8 | 0.2 | 28.1 | (0.0) | 0.0 | 12.1 | +67144.4% | |
| Free cash flow | (1.1) | (2.8) | (11.8) | (6.8) | (8.9) | (7.4) | +16.4% | |
| Net change in cash | 1.9 | (2.5) | 1.3 | 0.7 | (2.1) | 3.6 | +269.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
