| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (44.1) | (12.3) | (18.4) | 2.8 | (11.3) | (7.3) | +35.3% | |
| Depreciation & amortization | 6.3 | 4.9 | 6.3 | 8.3 | 9.1 | 10.0 | +10.6% | |
| Stock-based compensation | 1.0 | 0.9 | 0.9 | 0.6 | 0.0 | 0.0 | — | |
| Change in working capital | 0.5 | (0.0) | (1.3) | 2.2 | (2.7) | 0.4 | +116.4% | |
| Operating cash flow | 3.6 | 7.1 | 18.1 | 15.9 | 5.6 | 5.2 | −8.2% | |
| Capital expenditure | (8.5) | (4.8) | (7.9) | (8.5) | (5.6) | (5.2) | +6.2% | |
| Acquisitions | 0.1 | (74.4) | (275.6) | (1.1) | 0.0 | 6.4 | +212900.0% | |
| Investing cash flow | (8.4) | (4.8) | (7.9) | (9.6) | (9.5) | 1.1 | +111.6% | |
| 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 | 0.9 | 0.7 | (8.0) | (3.3) | (5.5) | (0.8) | +85.0% | |
| Financing cash flow | (1.7) | (1.5) | (10.7) | (5.2) | 4.8 | (2.8) | −157.5% | |
| Free cash flow | (4.9) | 2.3 | 10.2 | 7.3 | 0.1 | (0.1) | −179.1% | |
| Net change in cash | (5.8) | 0.9 | (0.2) | 0.8 | 0.4 | 2.9 | +554.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
