| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 18.8 | 42.3 | 54.2 | 56.1 | 49.7 | 17.7 | −64.4% | |
| Depreciation & amortization | 19.1 | 17.7 | 18.9 | 15.9 | 15.3 | 17.7 | +15.9% | |
| Stock-based compensation | 0.9 | 1.5 | 5.0 | 4.9 | 5.0 | 4.7 | −6.5% | |
| Change in working capital | 25.3 | (26.6) | (38.6) | (4.0) | (30.2) | 21.6 | +171.5% | |
| Operating cash flow | 66.0 | 36.9 | 44.9 | 76.0 | 39.7 | 59.6 | +50.2% | |
| Capital expenditure | (5.3) | (2.6) | (3.7) | (8.2) | (6.8) | (3.4) | +50.4% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (5.3) | (2.6) | (3.7) | (8.2) | (13.2) | (8.6) | +34.5% | |
| Dividends paid | (6.7) | (6.7) | (14.8) | (27.5) | (15.9) | (18.6) | −17.3% | |
| Share buybacks | (2.0) | (5.2) | (9.9) | (10.0) | (10.0) | (21.4) | −113.8% | |
| Debt issued / repaid | (13.6) | (12.5) | (13.7) | (14.3) | (13.1) | 0.0 | +100.0% | |
| Financing cash flow | (21.6) | (25.0) | (38.5) | (52.2) | (39.9) | (52.5) | −31.5% | |
| Free cash flow | 60.7 | 34.3 | 41.3 | 67.8 | 32.8 | 56.2 | +71.1% | |
| Net change in cash | 39.3 | 7.6 | 7.9 | 17.8 | (13.5) | (1.8) | +86.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
