| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (11.2) | 0.3 | (0.4) | 11.1 | 13.3 | (4.5) | −133.9% | |
| Depreciation & amortization | 2.1 | 2.6 | 2.9 | 2.7 | 3.6 | 4.7 | +30.9% | |
| Stock-based compensation | 0.2 | 0.0 | 0.3 | 0.6 | 0.8 | 0.8 | −2.6% | |
| Change in working capital | 11.6 | (1.8) | 7.0 | 4.1 | (3.7) | (14.9) | −301.4% | |
| Operating cash flow | 4.2 | (1.6) | 16.0 | 17.2 | 10.3 | (13.4) | −229.7% | |
| Capital expenditure | (1.1) | (0.7) | (1.4) | (5.2) | (2.5) | (1.4) | +43.2% | |
| Acquisitions | 2.3 | 0.0 | 0.0 | 0.0 | 0.0 | (10.5) | — | |
| Investing cash flow | 1.2 | (0.7) | (1.4) | (5.2) | (0.7) | (11.9) | −1703.5% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | (3.1) | (1.4) | (1.4) | −1.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.4) | (0.0) | (0.3) | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 13.0 | (1.2) | (1.8) | (4.7) | (2.4) | (4.6) | −89.6% | |
| Free cash flow | 3.1 | (2.3) | 14.6 | 12.1 | 7.9 | (14.8) | −287.9% | |
| Net change in cash | 18.2 | (3.5) | 12.8 | 8.5 | 7.2 | (29.9) | −514.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
