| AUD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (22.0) | (2.4) | (135.6) | (14.4) | (16.2) | (52.8) | −225.6% | |
| Depreciation & amortization | 11.5 | 0.1 | 68.7 | 9.6 | 0.0 | 0.1 | +131.7% | |
| Stock-based compensation | 0.1 | 0.7 | 0.7 | 0.9 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | 0.7 | (0.2) | 0.1 | 0.0 | (0.0) | 0.0 | +117.2% | |
| Operating cash flow | (5.1) | (5.6) | (135.6) | (5.4) | (3.4) | (3.9) | −14.5% | |
| Capital expenditure | (41.5) | (41.8) | (52.6) | (29.9) | (25.3) | (0.0) | +100.0% | |
| Acquisitions | 0.0 | 0.0 | (10.7) | (0.9) | 0.0 | 0.0 | — | |
| Investing cash flow | (9.3) | 3.1 | (57.8) | (23.7) | (17.4) | 4.1 | +123.4% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.4) | (20.9) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 13.6 | 19.1 | 43.9 | 33.1 | 9.0 | 0.0 | −100.0% | |
| Free cash flow | (46.6) | (47.4) | (188.2) | (35.3) | (28.7) | (3.9) | +86.4% | |
| Net change in cash | (1.1) | 17.5 | (18.2) | 4.1 | (11.0) | (0.4) | +96.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in AUD; the shares trade in GBP.
