| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (5.0) | (8.2) | (12.0) | (4.5) | (3.6) | (2.8) | +22.2% | |
| Depreciation & amortization | 1.9 | 1.9 | 1.5 | 1.4 | 1.5 | 1.6 | +6.7% | |
| Stock-based compensation | 0.1 | 0.0 | 0.2 | 0.2 | 0.0 | 0.0 | — | |
| Change in working capital | 0.3 | 0.2 | (2.3) | (1.2) | 1.5 | 0.6 | −60.0% | |
| Operating cash flow | (2.9) | (4.9) | (6.3) | (4.7) | (1.1) | (0.1) | +90.9% | |
| Capital expenditure | (0.3) | (0.8) | (0.4) | (2.1) | (0.2) | (1.8) | −800.0% | |
| Acquisitions | 0.3 | 0.3 | 0.2 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 82.7 | (2.3) | (2.0) | (1.6) | (2.6) | (1.8) | +30.8% | |
| 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 | 0.0 | — | |
| Debt issued / repaid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 0.1 | 19.9 | (0.3) | (0.3) | (0.2) | (0.2) | +0.0% | |
| Free cash flow | (3.2) | (5.7) | (6.7) | (6.8) | (1.3) | (1.9) | −46.2% | |
| Net change in cash | (2.8) | 12.7 | (8.6) | (6.6) | (3.9) | (2.1) | +46.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
