| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 12.2 | 32.9 | 48.9 | 52.3 | 50.1 | 96.2 | +92.2% | |
| 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 | 1.8 | (0.8) | (0.4) | (0.5) | (0.2) | (1.1) | −449.3% | |
| Operating cash flow | 8.6 | 25.9 | 42.6 | 46.2 | 43.7 | 43.0 | −1.4% | |
| 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 | (25.4) | 4.1 | 34.6 | 14.9 | (19.1) | 91.6 | +579.4% | |
| Dividends paid | (32.6) | (30.0) | (31.7) | (41.0) | (43.1) | (41.6) | +3.6% | |
| Share buybacks | (6.1) | (12.2) | (34.0) | (11.6) | (8.4) | (60.2) | −619.7% | |
| Debt issued / repaid | 59.3 | 13.5 | (11.5) | (3.0) | 32.0 | (29.0) | −190.6% | |
| Financing cash flow | 19.6 | (29.5) | (79.0) | (60.0) | (26.0) | (130.8) | −404.1% | |
| Free cash flow | 8.6 | 25.9 | 42.6 | 46.2 | 43.7 | 43.0 | −1.4% | |
| Net change in cash | 2.8 | 0.5 | (1.8) | 1.1 | (1.4) | 3.8 | +373.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
