| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 5.8 | 12.2 | 15.7 | 17.2 | 16.4 | 19.7 | +20.3% | |
| Depreciation & amortization | 2.5 | 2.0 | 3.1 | 2.8 | 3.9 | 7.2 | +85.4% | |
| Stock-based compensation | 0.0 | 1.2 | 1.2 | 2.0 | 0.0 | 0.0 | — | |
| Change in working capital | 4.3 | 1.3 | (0.1) | (2.9) | 5.1 | (1.9) | −137.8% | |
| Operating cash flow | 12.2 | 14.3 | 15.7 | 16.8 | 28.8 | 31.6 | +9.4% | |
| Capital expenditure | (0.0) | (0.1) | (0.3) | (0.1) | (0.1) | (0.1) | +13.1% | |
| Acquisitions | (1.4) | (3.2) | (18.3) | (15.1) | (21.2) | (36.4) | −71.7% | |
| Investing cash flow | (1.5) | (3.2) | (18.5) | (14.8) | (21.1) | (36.6) | −73.2% | |
| Dividends paid | 0.0 | (1.0) | (1.9) | (4.9) | (6.9) | (8.4) | −21.6% | |
| Share buybacks | (2.4) | (3.6) | (14.7) | (3.8) | (12.2) | (20.7) | −70.1% | |
| Debt issued / repaid | (2.2) | (0.4) | (1.8) | (0.7) | (1.6) | 28.6 | +1939.3% | |
| Financing cash flow | 3.9 | 3.1 | (8.8) | (4.1) | (18.6) | 2.9 | +115.7% | |
| Free cash flow | 12.1 | 14.2 | 15.4 | 16.7 | 28.8 | 31.5 | +9.4% | |
| Net change in cash | 14.5 | 14.3 | (11.4) | (2.3) | (10.6) | (2.5) | +76.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
