| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 5.5 | 8.7 | 11.3 | 15.3 | 19.6 | 23.9 | +21.8% | |
| Depreciation & amortization | 13.6 | 10.8 | 7.8 | 7.7 | 8.5 | 13.4 | +57.3% | |
| Stock-based compensation | 0.4 | 0.6 | 1.5 | 1.1 | 0.7 | 0.0 | −100.0% | |
| Change in working capital | 0.0 | 0.7 | (8.5) | (2.3) | 19.2 | (33.8) | −275.9% | |
| Operating cash flow | 16.2 | 19.5 | 16.3 | 23.0 | 51.2 | 11.7 | −77.1% | |
| Capital expenditure | (1.2) | (2.0) | (5.2) | (6.7) | (13.2) | (17.6) | −33.7% | |
| Acquisitions | (1.3) | (0.4) | (1.0) | 0.0 | (81.6) | 5.9 | +107.2% | |
| Investing cash flow | (2.5) | (2.4) | (6.1) | (6.2) | (93.6) | (11.7) | +87.5% | |
| Dividends paid | (4.2) | (4.7) | (5.1) | (5.6) | (6.5) | (7.7) | −18.9% | |
| Share buybacks | (1.4) | (2.9) | (0.6) | (1.9) | (4.0) | 0.0 | +100.0% | |
| Debt issued / repaid | 4.9 | (0.1) | (4.0) | (9.0) | 16.8 | 14.6 | −12.9% | |
| Financing cash flow | (1.6) | (8.7) | (10.3) | (16.9) | 46.2 | 7.3 | −84.2% | |
| Free cash flow | 15.0 | 17.5 | 11.1 | 16.4 | 38.0 | (5.9) | −115.5% | |
| Net change in cash | 11.7 | 8.1 | 1.1 | (1.8) | (1.2) | (25.1) | −2068.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
