| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.3 | (0.4) | (4.0) | 16.4 | 18.6 | 20.5 | +10.6% | |
| Depreciation & amortization | 0.0 | 0.0 | (1.2) | (0.6) | 0.0 | 0.0 | — | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (8.9) | (14.5) | (19.4) | (11.9) | 11.2 | 28.1 | +149.8% | |
| Operating cash flow | (11.9) | (17.0) | (25.0) | 3.2 | (3.7) | 19.5 | +630.6% | |
| Capital expenditure | (0.2) | (3.0) | (0.7) | (0.5) | 0.0 | (19.5) | — | |
| Acquisitions | (0.4) | (13.3) | (4.8) | (6.5) | 0.0 | 0.0 | — | |
| Investing cash flow | 1.2 | (14.4) | (0.1) | 1.1 | (1.5) | (1.2) | +21.4% | |
| Dividends paid | 0.0 | (2.0) | (2.0) | (2.3) | (4.4) | (7.1) | −61.5% | |
| Share buybacks | (0.0) | 0.0 | 0.0 | (3.2) | (4.5) | (7.0) | −53.7% | |
| Debt issued / repaid | 2.0 | (4.0) | 15.0 | 44.1 | (0.2) | 0.2 | +202.5% | |
| Financing cash flow | 13.2 | 47.6 | 25.7 | 37.3 | (8.0) | (18.3) | −128.7% | |
| Free cash flow | (12.1) | (20.0) | (25.7) | 2.7 | (3.7) | 18.3 | +598.1% | |
| Net change in cash | 2.5 | 16.1 | 0.7 | 41.5 | (11.7) | 0.1 | +100.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
