| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.7 | 0.8 | (4.3) | 1.8 | 0.2 | 1.9 | +899.5% | |
| Depreciation & amortization | 3.9 | 2.2 | 2.2 | 1.5 | 1.6 | 1.4 | −12.8% | |
| Stock-based compensation | 0.1 | 0.3 | 0.1 | (0.1) | 0.2 | 0.0 | −100.0% | |
| Change in working capital | 54.1 | (6.5) | (3.5) | 6.4 | 0.9 | (7.2) | −930.7% | |
| Operating cash flow | 57.4 | (4.2) | (1.2) | 9.5 | 3.4 | (3.1) | −191.6% | |
| Capital expenditure | (2.5) | (0.4) | (0.4) | (0.2) | (0.2) | (0.0) | +71.6% | |
| Acquisitions | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (2.3) | (0.4) | (0.4) | (0.0) | (0.0) | 0.0 | +154.8% | |
| Dividends paid | 0.0 | 0.0 | (0.5) | 0.0 | (1.6) | (1.1) | +30.6% | |
| Share buybacks | (0.1) | 0.0 | (0.1) | (0.7) | (0.8) | (0.3) | +60.6% | |
| Debt issued / repaid | (36.5) | (7.5) | (1.9) | (1.2) | 0.0 | 0.0 | — | |
| Financing cash flow | (38.5) | (0.6) | (10.1) | (3.7) | (3.5) | (2.6) | +26.6% | |
| Free cash flow | 54.9 | (4.6) | (1.6) | 9.4 | 3.2 | (3.2) | −197.6% | |
| Net change in cash | 15.6 | (5.6) | (11.5) | 5.6 | (0.6) | (5.7) | −917.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
