| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.5 | 1.5 | 0.8 | 1.8 | 1.6 | 1.8 | +9.9% | |
| Depreciation & amortization | 1.7 | 1.7 | 1.7 | 1.7 | 1.8 | 1.9 | +6.8% | |
| Stock-based compensation | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −58.0% | |
| Change in working capital | 0.2 | 0.4 | 0.2 | 0.3 | (1.0) | 0.2 | +120.0% | |
| Operating cash flow | 0.6 | 3.8 | 3.8 | 3.8 | 2.9 | 4.1 | +41.8% | |
| Capital expenditure | (1.4) | (1.2) | (1.3) | (1.4) | (1.2) | (1.3) | −7.8% | |
| Acquisitions | 7.3 | 0.4 | 0.3 | (0.0) | (0.0) | 0.0 | +182.6% | |
| Investing cash flow | 6.1 | (1.8) | (0.8) | (1.7) | (0.4) | (0.9) | −113.8% | |
| Dividends paid | (0.9) | (0.7) | (0.9) | (0.8) | (0.9) | (0.9) | −8.4% | |
| Share buybacks | (0.1) | (0.4) | (0.9) | (0.8) | (1.1) | (1.5) | −44.2% | |
| Debt issued / repaid | (1.3) | (1.0) | (1.3) | 0.5 | (0.9) | 0.1 | +112.2% | |
| Financing cash flow | (7.8) | (2.2) | (3.2) | (1.9) | (2.9) | (3.1) | −4.9% | |
| Free cash flow | (0.7) | 2.6 | 2.6 | 2.5 | 1.7 | 2.8 | +67.1% | |
| Net change in cash | (1.6) | (0.2) | 0.1 | (0.0) | (0.1) | 0.3 | +301.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
