| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (26.7) | 2.9 | 52.3 | 21.5 | 74.2 | (132.3) | −278.3% | |
| Depreciation & amortization | 27.4 | 19.3 | 20.2 | 21.6 | 19.6 | 19.7 | +0.5% | |
| Stock-based compensation | 3.6 | 1.7 | 1.5 | 1.3 | 2.5 | 2.1 | −16.0% | |
| Change in working capital | 20.3 | 49.2 | (19.9) | (13.2) | (11.1) | (7.4) | +33.3% | |
| Operating cash flow | 52.6 | 85.6 | 20.7 | 15.9 | 26.0 | 19.3 | −25.8% | |
| Capital expenditure | (1.9) | (12.5) | (13.7) | (3.5) | (11.8) | (2.6) | +78.0% | |
| Acquisitions | (19.7) | (15.3) | (16.7) | (7.0) | 14.6 | 4.0 | −72.6% | |
| Investing cash flow | (21.8) | (28.6) | (30.4) | (19.3) | 4.9 | (9.6) | −295.9% | |
| Dividends paid | 0.0 | (21.8) | (22.9) | (23.1) | (23.2) | (23.2) | +0.0% | |
| Share buybacks | 0.0 | (3.3) | (1.0) | 0.0 | (0.6) | (0.6) | +0.0% | |
| Debt issued / repaid | (7.7) | (6.9) | (5.6) | 15.0 | 5.0 | 9.5 | +90.0% | |
| Financing cash flow | (9.2) | (33.3) | (15.6) | (17.1) | (30.0) | (20.9) | +30.3% | |
| Free cash flow | 50.7 | 73.1 | 7.0 | 12.4 | 14.2 | 16.7 | +17.6% | |
| Net change in cash | 21.6 | 23.7 | (25.3) | (20.5) | 0.9 | (4.7) | −622.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
