| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 12.1 | 12.0 | 18.9 | 9.1 | 9.3 | 9.2 | −1.1% | |
| Depreciation & amortization | 12.9 | 14.0 | 15.3 | 17.1 | 19.2 | 22.0 | +14.6% | |
| Stock-based compensation | 0.4 | 0.8 | 0.5 | (0.1) | (0.3) | 0.0 | +100.0% | |
| Change in working capital | 2.4 | (0.7) | 4.1 | (3.0) | (1.1) | 0.1 | +109.1% | |
| Operating cash flow | 21.0 | 30.1 | 32.5 | 20.9 | 25.1 | 29.4 | +17.1% | |
| Capital expenditure | (3.0) | (3.6) | (3.2) | (10.3) | (5.2) | (3.9) | +25.0% | |
| Acquisitions | (1.1) | 0.4 | (9.5) | (2.6) | (9.9) | (4.5) | +54.5% | |
| Investing cash flow | (4.1) | (3.2) | (11.7) | (13.4) | (14.2) | (8.4) | +40.8% | |
| Dividends paid | (3.4) | (3.5) | (3.7) | (3.9) | (4.0) | (4.2) | −5.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (7.7) | (9.5) | 0.0 | 0.0 | (1.8) | (18.7) | −938.9% | |
| Financing cash flow | (18.2) | (21.8) | (13.6) | (13.8) | (16.4) | (22.9) | −39.6% | |
| Free cash flow | 18.0 | 26.5 | 29.3 | 10.6 | 19.9 | 25.5 | +28.1% | |
| Net change in cash | (1.3) | 5.1 | 7.2 | (6.3) | (5.5) | (1.9) | +65.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
