| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 35.4 | 44.4 | (18.4) | (93.9) | 5.2 | (32.7) | −726.8% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | — | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 1.2 | (9.1) | 5.2 | (2.0) | (3.7) | 7.0 | +291.0% | |
| Operating cash flow | 15.0 | 11.4 | 23.8 | 19.3 | 16.4 | 10.0 | −39.3% | |
| 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 | 175.3 | — | |
| Investing cash flow | (46.3) | (193.6) | (133.5) | 17.6 | 33.3 | 359.9 | +982.3% | |
| Dividends paid | (13.5) | (16.2) | (23.2) | (23.2) | (13.9) | (202.6) | −1362.7% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (182.6) | — | |
| Debt issued / repaid | 35.2 | 32.4 | 88.9 | (10.8) | (23.8) | (144.6) | −508.6% | |
| Financing cash flow | 31.5 | 180.5 | 106.7 | (39.1) | (42.7) | (343.6) | −704.2% | |
| Free cash flow | 15.0 | 11.4 | 23.8 | 19.3 | 16.4 | 10.0 | −39.3% | |
| Net change in cash | 0.3 | (1.6) | (3.0) | (2.2) | 7.0 | 24.2 | +247.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in EUR; the shares trade in GBP.
