| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 8.3 | 0.1 | (6.5) | 0.6 | 1.2 | 1.6 | +34.2% | |
| Depreciation & amortization | 3.4 | 4.0 | 5.1 | 5.0 | 5.7 | 7.5 | +33.2% | |
| Stock-based compensation | 0.0 | 5.8 | 1.1 | 0.5 | 0.5 | 0.0 | −100.0% | |
| Change in working capital | (3.8) | (3.2) | 3.8 | 0.3 | 2.2 | 2.4 | +9.1% | |
| Operating cash flow | 7.6 | 4.3 | 9.3 | 8.6 | 11.0 | 14.1 | +28.7% | |
| Capital expenditure | (1.9) | (3.5) | (4.9) | (1.8) | (3.8) | (4.6) | −19.3% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 3.1 | (3.8) | (5.2) | (1.9) | (4.1) | (5.1) | −24.9% | |
| Dividends paid | (1.5) | (1.9) | (0.3) | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (3.8) | 2.7 | (1.0) | (1.9) | (0.9) | (1.8) | −90.2% | |
| Financing cash flow | (7.8) | (2.6) | (6.0) | (6.3) | (6.1) | (7.3) | −19.4% | |
| Free cash flow | 5.7 | 0.8 | 4.4 | 6.8 | 7.1 | 9.5 | +33.7% | |
| Net change in cash | 2.9 | (2.1) | (1.8) | 0.0 | 0.8 | 1.7 | +118.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
