| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.3 | 0.6 | 0.7 | (1.7) | (1.9) | 0.1 | +105.1% | |
| Depreciation & amortization | 0.8 | 1.8 | 3.0 | 4.8 | 4.6 | 5.8 | +25.6% | |
| Stock-based compensation | 0.3 | 0.4 | 0.6 | 0.4 | 1.0 | 0.9 | −10.3% | |
| Change in working capital | 0.5 | (1.7) | (0.3) | (1.5) | (1.3) | (4.5) | −246.2% | |
| Operating cash flow | 0.3 | 0.6 | 5.1 | 1.3 | 0.7 | 1.5 | +129.8% | |
| Capital expenditure | (6.3) | (5.6) | (4.9) | (4.9) | (4.6) | (0.1) | +98.5% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (6.3) | (5.6) | (4.9) | (4.2) | (4.0) | (6.4) | −60.0% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | (0.2) | (0.1) | (0.0) | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.0 | (0.1) | (0.2) | (0.2) | (0.2) | (0.3) | −67.3% | |
| Financing cash flow | 19.6 | (0.3) | (0.1) | (0.2) | (0.1) | (0.3) | −420.3% | |
| Free cash flow | (6.0) | (5.0) | 0.3 | (3.5) | (4.0) | 1.4 | +135.8% | |
| Net change in cash | 13.5 | (5.6) | 0.2 | (3.2) | (3.9) | (5.4) | −37.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
