| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 9.7 | 13.7 | 15.7 | 15.0 | 15.5 | 6.3 | −59.3% | |
| Depreciation & amortization | 10.1 | 11.7 | 12.6 | 13.6 | 15.4 | 18.1 | +17.6% | |
| Stock-based compensation | 0.1 | 0.7 | 0.6 | 0.6 | (0.3) | 0.0 | +100.0% | |
| Change in working capital | 0.9 | (3.5) | (9.8) | 3.4 | 1.1 | 3.2 | +197.3% | |
| Operating cash flow | 23.3 | 23.8 | 18.0 | 33.5 | 25.4 | 24.8 | −2.5% | |
| Capital expenditure | (0.8) | (2.1) | (3.3) | (2.2) | (2.9) | (4.6) | −56.3% | |
| Acquisitions | (2.6) | (6.8) | (8.3) | (14.4) | (10.6) | (12.7) | −19.9% | |
| Investing cash flow | (3.4) | (9.0) | (11.6) | (16.6) | (13.5) | (17.4) | −28.8% | |
| Dividends paid | (1.1) | (4.3) | (5.1) | (5.5) | (5.8) | (5.8) | −1.3% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (0.4) | (2.1) | −443.4% | |
| Debt issued / repaid | (10.2) | 3.9 | (0.9) | (2.3) | 8.4 | 11.3 | +34.2% | |
| Financing cash flow | (18.0) | (7.9) | (13.2) | (15.3) | (6.0) | (6.0) | +0.8% | |
| Free cash flow | 22.5 | 21.7 | 14.7 | 31.3 | 22.5 | 20.2 | −10.2% | |
| Net change in cash | 1.6 | 5.1 | (6.6) | 1.6 | 5.9 | 1.5 | −75.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
