| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (4.9) | 27.3 | 10.5 | (3.5) | 26.0 | (2.2) | −108.6% | |
| Depreciation & amortization | 13.3 | 10.2 | 10.4 | 10.6 | 7.4 | 7.0 | −6.4% | |
| Stock-based compensation | 3.3 | 2.2 | 0.7 | 0.8 | 1.2 | 0.0 | −100.0% | |
| Change in working capital | 16.2 | (15.2) | 4.8 | (14.5) | (7.1) | (4.2) | +40.5% | |
| Operating cash flow | 33.7 | 19.0 | 22.5 | (3.6) | 19.2 | 12.4 | −35.4% | |
| Capital expenditure | (3.7) | (2.6) | (5.6) | (1.8) | (2.9) | (2.3) | +22.3% | |
| Acquisitions | (4.1) | 0.6 | 0.0 | (0.2) | 2.8 | 1.0 | −63.1% | |
| Investing cash flow | (6.5) | (1.4) | (4.3) | (1.8) | 0.8 | (0.9) | −212.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | (1.8) | (1.9) | (2.4) | −20.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.8) | — | |
| Debt issued / repaid | (5.9) | (8.2) | (13.4) | 8.8 | (2.0) | (6.1) | −207.4% | |
| Financing cash flow | (17.7) | (24.9) | (38.7) | (5.4) | (18.2) | (17.7) | +2.6% | |
| Free cash flow | 30.0 | 16.3 | 16.9 | (5.4) | 16.3 | 10.1 | −37.7% | |
| Net change in cash | 9.6 | (7.4) | (17.8) | (12.9) | 1.5 | (7.8) | −607.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
