| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.3 | (2.9) | (11.1) | (15.5) | (5.5) | (5.6) | −1.4% | |
| Depreciation & amortization | 3.0 | 3.5 | 3.2 | 4.8 | 4.7 | 4.3 | −8.3% | |
| Stock-based compensation | 0.5 | 0.6 | 0.7 | 0.6 | (0.4) | 0.0 | +100.0% | |
| Change in working capital | 0.2 | 0.5 | 0.2 | (1.0) | (1.2) | 0.5 | +145.9% | |
| Operating cash flow | 4.1 | 1.9 | (6.8) | (9.8) | (1.1) | 2.3 | +310.7% | |
| Capital expenditure | (3.3) | (3.3) | (5.6) | (4.5) | (2.1) | (0.4) | +78.8% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (3.3) | (3.3) | (5.5) | (4.1) | (2.1) | (2.6) | −22.2% | |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 5.0 | 29.8 | (1.0) | (2.0) | (1.5) | (1.0) | +35.2% | |
| Free cash flow | 0.8 | (1.4) | (12.4) | (14.3) | (3.2) | 1.8 | +156.7% | |
| Net change in cash | 5.8 | 28.4 | (12.8) | (16.3) | (4.8) | (1.3) | +72.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
