| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (2.2) | 21.6 | 22.0 | 9.6 | 10.5 | 9.6 | −8.6% | |
| Depreciation & amortization | 20.8 | 22.7 | 23.9 | 24.7 | 25.3 | 27.4 | +8.3% | |
| Stock-based compensation | 0.3 | 1.2 | (0.2) | 0.8 | 1.5 | 1.0 | −33.3% | |
| Change in working capital | 5.4 | (19.4) | (13.4) | 13.5 | 0.2 | 4.2 | +2000.0% | |
| Operating cash flow | 32.2 | 29.0 | 33.9 | 52.8 | 44.2 | 46.5 | +5.2% | |
| Capital expenditure | (14.0) | (15.5) | (12.4) | (9.1) | (10.3) | (12.3) | −19.4% | |
| Acquisitions | 0.0 | 0.0 | 0.3 | 0.8 | 0.0 | (20.6) | — | |
| Investing cash flow | (14.0) | (15.5) | (12.1) | (8.3) | (10.3) | (33.1) | −221.4% | |
| Dividends paid | 0.0 | (3.6) | (11.1) | (10.3) | (6.1) | (6.2) | −1.6% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (0.7) | (14.5) | (6.0) | +58.6% | |
| Debt issued / repaid | (27.2) | (1.0) | 8.2 | (21.0) | 1.0 | 27.0 | +2600.0% | |
| Financing cash flow | (20.5) | (15.4) | (17.4) | (49.2) | (36.9) | (4.5) | +87.8% | |
| Free cash flow | 18.2 | 13.5 | 21.5 | 43.7 | 33.9 | 34.2 | +0.9% | |
| Net change in cash | 2.2 | (0.5) | (1.5) | (4.7) | (3.0) | 5.9 | +296.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
