| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.8 | 7.8 | 8.8 | 8.2 | (14.4) | 2.1 | +115.0% | |
| Depreciation & amortization | 7.4 | 6.8 | 6.3 | 5.4 | 5.5 | 5.6 | +1.5% | |
| Stock-based compensation | 0.3 | 0.3 | 0.5 | 0.5 | 0.2 | 0.2 | −3.7% | |
| Change in working capital | 7.0 | (3.0) | (9.0) | (1.3) | (4.6) | 1.5 | +133.8% | |
| Operating cash flow | 17.9 | 8.9 | 5.6 | 9.1 | (2.1) | 8.4 | +505.8% | |
| Capital expenditure | (1.1) | (2.1) | (4.8) | (3.3) | (4.1) | (0.2) | +95.4% | |
| Acquisitions | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (1.0) | (2.1) | (4.8) | (3.0) | (4.0) | (0.7) | +83.3% | |
| Dividends paid | 0.0 | (0.5) | (2.5) | (2.5) | (2.3) | (1.1) | +53.6% | |
| Share buybacks | 0.0 | 0.0 | (0.4) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.4 | 0.0 | 0.0 | (2.4) | (1.9) | 0.0 | +100.0% | |
| Financing cash flow | (2.5) | (3.2) | (4.9) | (5.0) | (4.6) | (3.3) | +28.5% | |
| Free cash flow | 16.8 | 6.8 | 0.9 | 5.8 | (6.1) | 8.2 | +232.9% | |
| Net change in cash | 12.5 | 3.5 | (3.6) | 0.9 | (10.5) | 4.0 | +137.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
