| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 1.5 | 1.9 | 2.3 | 1.8 | 1.9 | 2.1 | +6.8% | |
| Depreciation & amortization | 0.8 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | −4.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −4.5% | |
| Change in working capital | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | +40.4% | |
| Operating cash flow | 1.6 | 2.0 | 2.4 | 2.5 | 2.6 | 2.8 | +8.7% | |
| Capital expenditure | (0.4) | (0.3) | (0.4) | (0.5) | (0.0) | (0.0) | −5.0% | |
| Acquisitions | (0.8) | (0.1) | (0.4) | (0.1) | (0.2) | (0.3) | −52.9% | |
| Investing cash flow | (1.2) | (0.4) | (0.9) | (0.6) | (0.6) | (0.8) | −33.9% | |
| Dividends paid | (0.9) | (0.9) | (1.0) | (1.1) | (1.1) | (1.2) | −5.4% | |
| Share buybacks | (0.2) | (0.0) | (0.5) | (0.8) | (1.0) | (1.6) | −57.6% | |
| Debt issued / repaid | 0.7 | (0.6) | 0.3 | (0.1) | (0.4) | 0.5 | +225.7% | |
| Financing cash flow | (0.5) | (1.6) | (1.3) | (2.1) | (2.1) | (2.1) | +0.7% | |
| Free cash flow | 1.2 | 1.7 | 2.0 | 2.0 | 2.6 | 2.8 | +8.8% | |
| Net change in cash | (0.1) | 0.0 | 0.2 | (0.2) | (0.0) | 0.0 | +133.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in GBP; the shares trade in USD.
