| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 9.8 | 13.7 | 12.0 | 22.4 | 23.5 | 18.0 | −23.3% | |
| Depreciation & amortization | 2.2 | 2.9 | 3.1 | 5.5 | 8.7 | 11.3 | +29.1% | |
| Stock-based compensation | 0.1 | 1.7 | 1.5 | 1.2 | 0.5 | 0.0 | −100.0% | |
| Change in working capital | (4.3) | (4.7) | 2.6 | (5.8) | (5.2) | 1.3 | +125.7% | |
| Operating cash flow | 12.3 | 11.5 | 18.5 | 27.1 | 25.1 | 32.0 | +27.6% | |
| Capital expenditure | (1.7) | (2.8) | (1.3) | (5.4) | (3.2) | (6.0) | −86.7% | |
| Acquisitions | (0.1) | (0.7) | (10.1) | (2.5) | (25.6) | 0.2 | +100.6% | |
| Investing cash flow | (1.9) | (3.4) | (7.6) | (11.3) | (27.3) | (17.9) | +34.4% | |
| Dividends paid | (3.0) | (2.6) | (5.4) | (4.3) | (5.8) | (5.9) | −0.6% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (1.0) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (13.0) | (8.1) | (1.3) | (4.4) | 2.0 | (2.2) | −209.2% | |
| Financing cash flow | (9.6) | (11.6) | (7.4) | (10.9) | (6.1) | (10.2) | −66.6% | |
| Free cash flow | 10.6 | 8.7 | 17.2 | 21.6 | 21.9 | 26.0 | +18.9% | |
| Net change in cash | 0.8 | (3.6) | 3.6 | 4.1 | (8.4) | 4.3 | +151.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
