| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 35.5 | 50.9 | 74.2 | 68.8 | 76.4 | 111.3 | +45.7% | |
| Depreciation & amortization | 39.8 | 38.7 | 36.2 | 38.6 | 42.3 | 42.7 | +0.9% | |
| Stock-based compensation | 0.8 | 2.8 | 2.0 | 4.1 | 3.4 | 2.9 | −14.7% | |
| Change in working capital | 17.4 | (9.7) | (46.9) | 22.0 | (9.7) | (6.5) | +33.0% | |
| Operating cash flow | 91.9 | 65.7 | 49.6 | 129.2 | 129.0 | 136.7 | +6.0% | |
| Capital expenditure | (17.3) | (19.2) | (20.9) | (29.5) | (21.3) | (29.2) | −37.1% | |
| Acquisitions | (0.9) | (10.2) | 34.0 | (51.4) | (44.5) | 4.3 | +109.7% | |
| Investing cash flow | (11.1) | (25.1) | 14.0 | (77.1) | (69.0) | (27.5) | +60.1% | |
| Dividends paid | (8.4) | (21.2) | (24.7) | (28.0) | (34.5) | (39.4) | −14.2% | |
| Share buybacks | 0.0 | (1.8) | (0.4) | (2.6) | (1.2) | (24.7) | −1958.3% | |
| Debt issued / repaid | (74.4) | (16.0) | (33.5) | (2.4) | (10.2) | (13.4) | −31.4% | |
| Financing cash flow | (92.9) | (36.4) | (58.8) | (41.1) | (43.5) | (87.5) | −101.1% | |
| Free cash flow | 74.6 | 46.5 | 28.7 | 99.7 | 107.7 | 107.5 | −0.2% | |
| Net change in cash | (12.1) | 4.2 | 6.7 | 9.6 | 16.9 | 15.4 | −8.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
