| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (3.7) | (4.9) | (6.4) | (7.9) | (5.2) | (9.7) | −85.5% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −27.8% | |
| Stock-based compensation | 0.7 | 0.8 | 0.4 | 0.2 | 0.0 | 0.0 | −100.0% | |
| Change in working capital | (0.2) | 0.7 | (0.2) | 1.7 | 4.5 | (2.6) | −157.8% | |
| Operating cash flow | (2.2) | (1.5) | (3.2) | (1.9) | (2.8) | (10.0) | −263.2% | |
| Capital expenditure | (3.1) | (2.6) | (3.6) | (2.5) | (4.0) | (5.1) | −26.1% | |
| Acquisitions | 0.0 | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (4.4) | (3.0) | (5.2) | (3.3) | (4.0) | (5.1) | −26.1% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.8 | 2.7 | 1.8 | 2.5 | 2.4 | 6.1 | +159.0% | |
| Financing cash flow | 7.7 | 3.5 | 8.2 | 5.1 | 6.8 | 23.7 | +249.3% | |
| Free cash flow | (5.3) | (4.0) | (6.7) | (4.3) | (6.8) | (15.1) | −122.4% | |
| Net change in cash | 1.2 | (0.9) | (0.2) | (0.0) | (0.0) | 8.6 | +122771.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
