| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 16.3 | 61.9 | (63.9) | (38.0) | 17.7 | 17.0 | −4.2% | |
| Depreciation & amortization | 17.7 | 17.0 | 15.7 | 7.2 | 6.1 | 6.4 | +4.1% | |
| Stock-based compensation | 0.0 | 1.9 | 2.0 | (0.1) | 0.9 | 1.6 | +73.6% | |
| Change in working capital | 20.7 | (15.6) | (13.5) | (11.0) | 2.7 | (1.3) | −149.6% | |
| Operating cash flow | 53.3 | 31.4 | 26.3 | (6.9) | 29.5 | 23.8 | −19.6% | |
| Capital expenditure | (4.1) | (6.9) | (4.9) | (2.9) | (3.0) | (1.2) | +59.1% | |
| Acquisitions | (0.3) | (2.8) | 1.2 | 19.6 | 0.6 | 2.9 | +395.3% | |
| Investing cash flow | (4.8) | 30.4 | (7.6) | 18.0 | (15.0) | (8.1) | +46.0% | |
| Dividends paid | 0.0 | (4.2) | (11.8) | (11.7) | (11.8) | (11.8) | +0.3% | |
| Share buybacks | 0.0 | 0.0 | (9.0) | 0.0 | (0.8) | (5.0) | −494.9% | |
| Debt issued / repaid | (28.9) | (13.0) | (7.2) | (4.5) | (2.9) | 0.0 | +100.0% | |
| Financing cash flow | (37.1) | (24.8) | (27.1) | (16.2) | (15.4) | (20.3) | −31.9% | |
| Free cash flow | 49.3 | 24.5 | 21.4 | (9.8) | 26.5 | 22.5 | −15.1% | |
| Net change in cash | 11.4 | 37.0 | (11.7) | (5.1) | 2.6 | 6.4 | +150.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
