| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 4.2 | 7.8 | (0.4) | 2.7 | 1.4 | (9.5) | −778.6% | |
| Depreciation & amortization | 3.9 | 4.0 | 4.5 | 4.5 | 5.4 | 10.3 | +90.7% | |
| Stock-based compensation | 0.4 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 7.5 | (8.2) | (17.7) | 4.7 | (7.4) | (13.7) | −85.1% | |
| Operating cash flow | 11.2 | 0.4 | (14.0) | 11.2 | 1.4 | (2.6) | −285.7% | |
| Capital expenditure | (3.0) | (1.7) | (2.4) | (2.6) | (1.9) | (0.6) | +68.4% | |
| Acquisitions | (10.3) | (0.6) | (0.8) | 0.0 | (54.5) | (0.8) | +98.5% | |
| Investing cash flow | (13.1) | (0.3) | (3.2) | (2.6) | (59.5) | (5.5) | +90.8% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | (0.2) | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.9) | (0.9) | 8.0 | (1.1) | 38.5 | (4.7) | −112.2% | |
| Financing cash flow | (1.3) | (1.4) | 6.6 | (1.8) | 64.5 | (6.7) | −110.4% | |
| Free cash flow | 8.2 | (1.3) | (16.4) | 8.6 | (0.5) | (3.2) | −540.0% | |
| Net change in cash | (3.4) | (1.0) | (10.3) | 6.8 | 7.2 | (8.6) | −219.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
