| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (6.8) | (6.3) | (14.3) | (9.1) | (12.3) | — | — | |
| Depreciation & amortization | 0.2 | 0.7 | 0.9 | 1.0 | 0.9 | 0.7 | −23.5% | |
| Stock-based compensation | 0.3 | 0.7 | 0.7 | 0.7 | 0.0 | — | — | |
| Change in working capital | 0.4 | 0.4 | 0.9 | (0.7) | 0.7 | 1.1 | +57.0% | |
| Operating cash flow | (4.8) | (7.8) | (8.1) | (15.7) | (6.1) | (10.6) | −72.9% | |
| Capital expenditure | (0.0) | (0.7) | (0.2) | (0.2) | (0.0) | (0.1) | −571.4% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Investing cash flow | (0.0) | (0.7) | 0.1 | 0.2 | (1.5) | — | — | |
| 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 | — | — | |
| Debt issued / repaid | 23.9 | 0.0 | 0.0 | 0.0 | (0.5) | — | — | |
| Financing cash flow | 46.1 | 46.1 | (0.7) | 10.4 | 9.7 | — | — | |
| Free cash flow | (4.8) | (8.5) | (8.3) | (15.8) | (6.1) | (10.6) | −72.5% | |
| Net change in cash | (1.0) | 37.5 | (8.8) | (5.1) | 2.1 | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.