| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 1.6 | 1.4 | 0.5 | (4.0) | (5.3) | 2.9 | +155.1% | |
| Depreciation & amortization | 4.5 | 4.1 | 4.3 | 4.6 | 4.1 | 3.0 | −26.0% | |
| Stock-based compensation | 0.2 | (0.1) | (0.1) | (0.2) | 0.0 | 0.0 | −100.0% | |
| Change in working capital | (0.5) | (2.1) | (1.9) | 2.9 | 2.2 | (0.3) | −115.5% | |
| Operating cash flow | 7.6 | 3.1 | 4.7 | 7.2 | 7.6 | 6.7 | −12.7% | |
| Capital expenditure | (3.1) | (6.2) | (6.4) | (4.2) | (2.0) | (0.9) | +55.6% | |
| Acquisitions | (1.4) | (0.4) | (0.3) | (0.3) | (1.2) | 0.0 | +103.1% | |
| Investing cash flow | (4.5) | (6.6) | (6.6) | (4.3) | (3.2) | (0.9) | +73.7% | |
| Dividends paid | 0.0 | (0.2) | (0.9) | (0.7) | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | (0.3) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (3.9) | 6.1 | 3.2 | 1.6 | (0.5) | (2.3) | −352.1% | |
| Financing cash flow | (4.6) | 4.4 | 1.5 | (1.5) | (2.8) | (3.4) | −20.3% | |
| Free cash flow | 4.5 | (3.1) | (1.7) | 3.0 | 5.6 | 5.8 | +2.6% | |
| Net change in cash | (2.2) | 1.0 | (0.1) | 1.5 | 1.4 | 2.4 | +74.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
