| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (8.0) | 10.6 | 9.0 | 3.2 | (12.8) | 6.0 | +146.7% | |
| Depreciation & amortization | 28.7 | 27.0 | 24.3 | 23.9 | 23.0 | 17.7 | −22.9% | |
| Stock-based compensation | 0.0 | 0.7 | 0.5 | 0.9 | 0.3 | 0.2 | −31.8% | |
| Change in working capital | 20.8 | (14.6) | (11.0) | 4.1 | 4.9 | (0.6) | −112.3% | |
| Operating cash flow | 51.1 | 26.5 | 22.9 | 37.2 | 23.8 | 23.7 | −0.2% | |
| Capital expenditure | (6.7) | (4.4) | (3.2) | (4.2) | (4.5) | (5.5) | −23.0% | |
| Acquisitions | 18.5 | 1.9 | (3.8) | 0.0 | (9.0) | 0.5 | +105.6% | |
| Investing cash flow | 12.1 | (1.8) | (6.5) | (3.6) | (12.9) | (4.7) | +63.5% | |
| Dividends paid | (4.5) | 0.0 | (8.0) | (7.5) | (7.1) | (3.9) | +44.5% | |
| Share buybacks | 0.0 | 0.0 | (0.2) | 0.0 | (0.1) | (0.1) | −21.0% | |
| Debt issued / repaid | (25.0) | (5.0) | (0.5) | (18.8) | 15.0 | (4.0) | −126.7% | |
| Financing cash flow | (50.9) | (27.9) | (28.0) | (26.5) | (10.5) | (24.2) | −130.7% | |
| Free cash flow | 44.4 | 22.1 | 19.7 | 33.0 | 19.3 | 18.2 | −5.6% | |
| Net change in cash | 12.3 | (3.2) | (11.5) | 7.1 | 0.3 | (5.2) | −1771.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
