| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 160.4 | 448.3 | (601.3) | (78.2) | 39.2 | 120.5 | +207.2% | |
| 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 | 0.0 | 82.7 | (50.3) | (3.6) | (0.9) | 0.1 | +106.4% | |
| Operating cash flow | (4.7) | (37.1) | (35.2) | (36.1) | 23.2 | (6.3) | −127.3% | |
| 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 | 0.0 | — | |
| Investing cash flow | (192.4) | (331.9) | 23.9 | (26.9) | 29.6 | 99.0 | +234.3% | |
| 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 | (85.9) | — | |
| Debt issued / repaid | 0.0 | 15.0 | (15.0) | 0.0 | 0.0 | 68.3 | — | |
| Financing cash flow | (1.0) | 403.6 | 44.3 | 0.0 | 0.0 | (17.5) | — | |
| Free cash flow | (4.7) | (37.1) | (35.2) | (36.1) | 23.2 | (6.3) | −127.3% | |
| Net change in cash | (197.1) | 34.2 | 8.9 | (36.1) | 22.0 | 73.5 | +234.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
