| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 19.9 | 59.7 | 88.7 | (5.8) | 25.7 | 59.2 | +129.8% | |
| Depreciation & amortization | 0.2 | 0.3 | 0.4 | 0.5 | 0.6 | 0.4 | −30.9% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 2.4 | (8.8) | (5.9) | 4.5 | (2.4) | (6.3) | −159.9% | |
| Operating cash flow | 25.6 | 19.6 | 30.0 | 58.9 | 37.5 | 39.0 | +4.1% | |
| Capital expenditure | (0.4) | (2.5) | (0.4) | (0.0) | (0.1) | (0.0) | +56.5% | |
| Acquisitions | 0.0 | 94.3 | 168.6 | 0.0 | 0.0 | 0.0 | +44.4% | |
| Investing cash flow | (131.9) | (96.7) | (169.0) | (83.4) | (23.3) | (111.7) | −378.6% | |
| Dividends paid | (15.7) | (18.5) | (22.6) | (27.7) | (37.0) | 0.0 | +100.0% | |
| Share buybacks | (0.2) | (0.3) | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 56.8 | 94.7 | 157.3 | (40.8) | 23.2 | 56.1 | +141.9% | |
| Financing cash flow | 106.7 | 75.9 | 138.8 | 39.7 | (13.8) | 73.3 | +631.7% | |
| Free cash flow | 25.2 | 17.1 | 29.6 | 58.9 | 37.4 | 39.0 | +4.2% | |
| Net change in cash | 0.4 | (1.2) | (0.2) | 0.1 | 0.4 | 0.7 | +79.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
