| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 15.4 | 21.4 | (8.9) | 2.1 | 6.2 | 7.1 | +13.5% | |
| Depreciation & amortization | 4.6 | 5.9 | 6.7 | 5.5 | 4.7 | 5.4 | +14.2% | |
| Stock-based compensation | 4.8 | (6.6) | (0.3) | (0.0) | 0.0 | 0.0 | — | |
| Change in working capital | (4.1) | (6.7) | (1.7) | (1.0) | 0.7 | (0.5) | −177.1% | |
| Operating cash flow | 13.8 | 10.2 | 9.7 | 6.3 | 13.7 | 9.7 | −28.9% | |
| Capital expenditure | (2.6) | (5.6) | (5.8) | (7.0) | (2.2) | (1.5) | +31.9% | |
| Acquisitions | 1.0 | 0.1 | (0.4) | 0.0 | 0.1 | 0.0 | −69.1% | |
| Investing cash flow | 1.3 | (5.5) | (8.9) | (5.6) | (2.7) | (2.3) | +12.2% | |
| Dividends paid | (4.6) | (5.1) | (5.5) | (5.4) | 0.0 | 0.0 | — | |
| Share buybacks | (0.0) | 0.0 | (3.9) | 0.0 | 0.0 | (5.0) | — | |
| Debt issued / repaid | (0.2) | (0.2) | (0.6) | 2.9 | (3.0) | 0.0 | +100.0% | |
| Financing cash flow | (5.2) | (6.2) | (11.0) | (3.6) | (4.1) | (5.9) | −43.8% | |
| Free cash flow | 11.2 | 4.6 | 3.9 | (0.7) | 11.4 | 8.2 | −28.3% | |
| Net change in cash | 9.8 | (1.6) | (8.8) | (3.9) | 6.6 | 1.5 | −76.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
