| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (22.2) | (9.8) | (12.8) | (15.5) | (24.8) | (25.3) | −1.7% | |
| Depreciation & amortization | 1.8 | 1.3 | 2.1 | 3.3 | 7.1 | 12.8 | +79.6% | |
| Stock-based compensation | 3.6 | 0.0 | 3.6 | 0.0 | 0.0 | 0.3 | — | |
| Change in working capital | 11.0 | (6.1) | (4.3) | (19.8) | 8.4 | 7.2 | −14.9% | |
| Operating cash flow | (11.5) | (11.1) | (7.9) | (25.0) | 12.1 | (12.3) | −201.7% | |
| Capital expenditure | (0.5) | (5.2) | (13.9) | (25.6) | (24.0) | (0.2) | +99.0% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | — | |
| Investing cash flow | 3.8 | (5.2) | (13.9) | (25.6) | (24.0) | (17.5) | +27.1% | |
| 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 | 0.0 | — | |
| Debt issued / repaid | (0.0) | (1.1) | (0.9) | 47.5 | (0.7) | (1.8) | −141.4% | |
| Financing cash flow | (0.4) | 21.8 | 38.9 | 45.3 | (0.7) | 29.5 | +4143.9% | |
| Free cash flow | (12.0) | (16.3) | (21.8) | (50.7) | (11.9) | (12.5) | −5.0% | |
| Net change in cash | (7.9) | 5.2 | 3.4 | (4.3) | (12.8) | (0.3) | +97.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
