| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 7.1 | 0.4 | 6.6 | 7.8 | 11.4 | 11.9 | +4.7% | |
| Depreciation & amortization | 6.0 | 3.5 | 3.7 | 3.7 | 4.1 | 4.2 | +2.7% | |
| Stock-based compensation | 0.3 | 0.3 | 0.3 | 0.5 | 0.5 | 0.5 | +1.8% | |
| Change in working capital | 1.2 | (2.2) | (8.7) | (9.0) | (1.4) | (8.8) | −534.9% | |
| Operating cash flow | 15.8 | 1.1 | 2.9 | 3.3 | 11.9 | 6.1 | −48.6% | |
| Capital expenditure | (2.0) | (1.6) | (2.8) | (2.7) | (2.6) | (0.9) | +64.2% | |
| Acquisitions | 0.0 | 0.0 | (0.9) | (0.3) | (0.6) | 0.0 | +101.4% | |
| Investing cash flow | (2.0) | (1.6) | (3.8) | (3.0) | (3.2) | (0.9) | +71.5% | |
| Dividends paid | (1.5) | 0.0 | (1.2) | (2.0) | (3.3) | (3.6) | −8.7% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (7.7) | (2.3) | 6.5 | 1.5 | 0.5 | 0.0 | −100.0% | |
| Financing cash flow | (11.3) | (2.3) | 3.1 | (2.5) | (5.9) | (5.6) | +5.0% | |
| Free cash flow | 13.7 | (0.6) | 0.1 | 0.6 | 9.3 | 5.2 | −44.2% | |
| Net change in cash | 2.5 | (2.8) | 2.2 | (2.3) | 2.8 | (0.4) | −115.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
