| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (5.1) | (8.7) | (4.2) | (7.9) | (6.6) | (9.6) | −46.7% | |
| Depreciation & amortization | 3.3 | 4.2 | 6.9 | 7.8 | 7.6 | 8.3 | +9.1% | |
| Stock-based compensation | 0.1 | 0.4 | 1.1 | 0.9 | 0.6 | 0.0 | −100.0% | |
| Change in working capital | 3.1 | 2.3 | 0.6 | 9.0 | (0.3) | 4.7 | +1799.3% | |
| Operating cash flow | 2.3 | (2.4) | 2.5 | 8.6 | (0.1) | 3.7 | +5135.1% | |
| Capital expenditure | (2.2) | (3.6) | (8.6) | (9.1) | (7.0) | (0.1) | +98.6% | |
| Acquisitions | 0.0 | (40.6) | 0.0 | 0.0 | 1.4 | 0.0 | −100.0% | |
| Investing cash flow | (2.3) | (44.2) | (8.5) | (9.1) | (5.5) | (6.0) | −8.3% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.0) | 0.0 | 0.0 | 0.0 | 3.0 | 0.0 | −100.0% | |
| Financing cash flow | (0.6) | 58.6 | (2.6) | (2.0) | 1.4 | 1.6 | +12.0% | |
| Free cash flow | 0.1 | (6.0) | (6.1) | (0.5) | (7.0) | 3.6 | +151.5% | |
| Net change in cash | (0.6) | 12.1 | (8.5) | (2.7) | (4.2) | (0.6) | +85.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
