| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 13.6 | 11.9 | 12.7 | 22.0 | 31.3 | 26.2 | −16.3% | |
| Depreciation & amortization | 1.6 | 2.1 | 2.5 | 2.8 | 3.2 | 4.1 | +28.1% | |
| Stock-based compensation | 4.6 | 8.0 | 8.4 | 3.8 | 5.6 | 0.0 | −100.0% | |
| Change in working capital | (7.8) | (2.0) | (13.8) | (2.1) | (1.0) | (13.5) | −1250.0% | |
| Operating cash flow | 10.5 | 17.9 | 10.7 | 25.6 | 30.5 | 22.7 | −25.6% | |
| Capital expenditure | (1.1) | (1.4) | (0.6) | (0.9) | (1.2) | (2.6) | −116.7% | |
| Acquisitions | (10.6) | (4.4) | (1.6) | (4.4) | (10.6) | (8.7) | +17.9% | |
| Investing cash flow | (13.3) | (5.8) | (2.2) | (5.1) | (11.7) | (14.3) | −22.2% | |
| Dividends paid | (5.0) | (9.2) | (9.8) | (11.0) | (12.6) | 0.0 | +100.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 8.0 | (1.2) | (2.0) | (1.6) | 4.2 | (7.4) | −276.2% | |
| Financing cash flow | 5.9 | (11.5) | (5.7) | (15.3) | (11.0) | (22.9) | −108.2% | |
| Free cash flow | 9.4 | 16.5 | 10.1 | 24.7 | 29.3 | 20.1 | −31.4% | |
| Net change in cash | 3.1 | 0.5 | 2.8 | 5.2 | 7.8 | (14.5) | −285.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
