| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (1.5) | (0.3) | (0.7) | (0.2) | 8.0 | 2.6 | −67.5% | |
| Depreciation & amortization | 1.5 | 2.4 | 2.2 | 3.8 | 5.4 | 6.2 | +15.3% | |
| Stock-based compensation | 0.5 | 0.5 | 0.3 | 0.7 | 0.0 | 0.0 | — | |
| Change in working capital | (0.3) | (0.3) | 2.4 | (1.0) | 1.6 | (3.8) | −331.0% | |
| Operating cash flow | 0.4 | 1.9 | 4.4 | 1.9 | 17.8 | 6.3 | −64.7% | |
| Capital expenditure | (1.6) | (2.6) | (3.1) | (0.3) | (0.1) | (0.1) | +40.0% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (1.6) | (2.6) | (3.1) | (8.7) | (6.3) | (4.5) | +29.4% | |
| 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 | (1.5) | — | |
| Debt issued / repaid | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 8.8 | 0.0 | 0.1 | 9.4 | 0.0 | (1.5) | — | |
| Free cash flow | (1.3) | (0.7) | 1.3 | 1.6 | 17.7 | 6.2 | −64.9% | |
| Net change in cash | 7.6 | (0.7) | 1.4 | 2.5 | 10.8 | (0.3) | −102.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.