| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 29.8 | 37.3 | (15.4) | (111.8) | (39.5) | (13.6) | +65.6% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −45.5% | |
| Stock-based compensation | (0.4) | 0.3 | (0.3) | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 3.9 | 1.6 | (3.3) | 0.9 | 1.7 | 1.1 | −31.8% | |
| Operating cash flow | 6.7 | 8.0 | 1.7 | 6.8 | 10.3 | 3.4 | −67.1% | |
| Capital expenditure | 0.0 | 0.0 | (13.2) | (0.1) | (0.1) | (0.1) | −130.2% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 30.3 | 0.0 | −100.0% | |
| Investing cash flow | (2.9) | 4.3 | (8.2) | (7.7) | 45.1 | 11.9 | −73.7% | |
| Dividends paid | (7.0) | (7.4) | (6.9) | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | (6.0) | (20.5) | (4.2) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 11.2 | (3.2) | 27.4 | 7.8 | (11.5) | (16.1) | −40.7% | |
| Financing cash flow | (9.3) | (38.8) | 8.5 | (0.6) | (19.9) | (27.8) | −40.1% | |
| Free cash flow | 6.7 | 8.0 | (11.5) | 6.8 | 10.2 | 3.3 | −68.1% | |
| Net change in cash | (5.4) | (26.6) | 2.0 | (1.5) | 35.5 | (12.6) | −135.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in EUR; the shares trade in GBP.
