| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (7.6) | 35.9 | (38.1) | (7.4) | (2.5) | (0.4) | +82.3% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 0.2 | 0.1 | (0.2) | (0.0) | (0.0) | (0.1) | −941.7% | |
| Operating cash flow | 5.0 | 3.9 | 11.2 | (7.5) | 21.8 | 17.2 | −20.9% | |
| Capital expenditure | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 4.9 | 2.4 | 8.6 | (11.4) | 19.0 | 14.5 | −23.7% | |
| Dividends paid | (6.3) | (6.5) | (7.7) | (6.2) | (5.6) | (4.5) | +18.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (0.3) | (2.3) | −695.5% | |
| Debt issued / repaid | 0.0 | 0.0 | 0.0 | 8.8 | 3.6 | (12.4) | −443.3% | |
| Financing cash flow | (6.3) | (6.5) | (7.7) | 2.4 | (19.3) | (19.2) | +0.5% | |
| Free cash flow | 5.0 | 3.9 | 11.2 | (7.5) | 21.8 | 17.2 | −20.9% | |
| Net change in cash | (1.3) | (2.7) | 3.5 | (5.1) | 2.5 | (2.0) | −179.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
