| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (18.9) | (4.2) | (4.0) | (0.7) | (1.7) | 0.0 | +102.6% | |
| Depreciation & amortization | 3.7 | 1.9 | 1.8 | 1.5 | 0.8 | 0.8 | +7.4% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | −50.0% | |
| Change in working capital | 5.1 | (5.1) | 3.0 | (1.2) | 1.9 | (0.6) | −131.9% | |
| Operating cash flow | 1.7 | (6.6) | 0.7 | (0.0) | 0.6 | (0.6) | −193.0% | |
| Capital expenditure | (2.1) | (1.3) | (0.5) | (0.6) | (0.4) | (0.3) | +31.4% | |
| Acquisitions | 0.3 | 0.5 | 2.1 | 0.0 | 0.0 | 4.4 | — | |
| Investing cash flow | 3.6 | 2.2 | 1.5 | (0.4) | (0.4) | 4.1 | +1071.5% | |
| 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 | (2.8) | (1.1) | (2.4) | (1.5) | 0.1 | (1.0) | −1175.3% | |
| Financing cash flow | (4.1) | 4.2 | (3.6) | (0.4) | (0.7) | (1.3) | −84.5% | |
| Free cash flow | (0.4) | (7.9) | 0.1 | (0.6) | 0.2 | (0.9) | −567.4% | |
| Net change in cash | 1.2 | (0.2) | (1.4) | (0.8) | (0.5) | 2.2 | +572.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
