| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (5.6) | 45.5 | 58.8 | 12.8 | 24.8 | 23.3 | −6.0% | |
| Depreciation & amortization | 17.3 | 16.4 | 16.5 | 20.0 | 20.8 | 19.6 | −5.8% | |
| Stock-based compensation | 0.9 | 2.5 | 3.4 | 0.9 | 1.0 | 1.4 | +40.0% | |
| Change in working capital | 14.3 | 9.8 | (0.9) | (62.4) | 8.6 | 7.8 | −9.3% | |
| Operating cash flow | 40.3 | 68.2 | 75.6 | (20.0) | 42.2 | 58.3 | +38.2% | |
| Capital expenditure | (24.9) | (34.9) | (44.1) | (33.0) | (25.6) | (14.5) | +43.4% | |
| Acquisitions | 0.0 | 14.9 | 2.9 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (24.9) | (20.0) | (41.2) | (33.8) | (25.6) | (14.5) | +43.4% | |
| Dividends paid | 0.0 | (13.7) | (24.2) | (25.7) | (6.3) | (8.2) | −30.2% | |
| Share buybacks | (1.0) | (5.0) | (52.5) | (2.1) | 0.0 | (0.7) | — | |
| Debt issued / repaid | (55.0) | (15.0) | 40.0 | 70.0 | (10.0) | (38.0) | −280.0% | |
| Financing cash flow | (10.5) | (38.2) | (41.6) | 35.5 | (17.4) | (52.9) | −204.0% | |
| Free cash flow | 15.4 | 33.3 | 31.5 | (53.0) | 16.6 | 43.8 | +163.9% | |
| Net change in cash | 4.9 | 10.0 | (7.2) | (18.3) | (0.8) | (9.1) | −1037.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
