| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.2 | 11.5 | 16.8 | (30.7) | 17.9 | 1.4 | −92.2% | |
| Depreciation & amortization | 34.0 | 38.7 | 41.7 | 45.0 | 45.7 | 47.5 | +3.9% | |
| Stock-based compensation | 1.2 | 2.8 | 1.9 | (0.7) | 1.5 | 2.3 | +53.3% | |
| Change in working capital | 10.7 | (12.1) | (12.6) | 1.1 | (2.0) | (6.5) | −225.0% | |
| Operating cash flow | 51.7 | 47.7 | 47.8 | 47.8 | 58.5 | 53.2 | −9.1% | |
| Capital expenditure | (7.3) | (8.8) | (11.0) | (10.3) | (15.7) | (13.2) | +15.9% | |
| Acquisitions | (3.7) | (86.7) | (11.5) | (1.7) | (0.4) | (32.6) | −8050.0% | |
| Investing cash flow | (11.0) | (95.5) | (22.5) | (12.0) | (15.6) | (45.8) | −193.6% | |
| Dividends paid | 0.0 | (3.4) | (9.9) | (9.1) | (7.3) | (8.1) | −11.0% | |
| Share buybacks | (0.8) | (2.6) | (1.1) | (0.6) | (2.6) | (2.2) | +15.4% | |
| Debt issued / repaid | (13.0) | 41.0 | 1.0 | (13.0) | (27.0) | 20.8 | +177.0% | |
| Financing cash flow | (30.9) | 54.3 | (28.0) | (43.3) | (60.8) | (10.9) | +82.1% | |
| Free cash flow | 44.4 | 38.9 | 36.8 | 37.5 | 42.8 | 40.0 | −6.5% | |
| Net change in cash | 9.4 | 6.5 | (2.7) | (7.5) | (17.9) | (4.6) | +74.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
