| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (1.1) | (0.9) | (0.2) | 0.3 | 0.6 | 0.7 | +18.2% | |
| Depreciation & amortization | 0.5 | 0.5 | 0.6 | 0.7 | 0.8 | 0.7 | −3.5% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +26.7% | |
| Change in working capital | (0.2) | (0.3) | 0.3 | 0.3 | 0.1 | 0.4 | +317.0% | |
| Operating cash flow | (0.6) | (1.0) | 0.8 | 1.6 | 1.5 | 1.7 | +17.1% | |
| Capital expenditure | (0.7) | (0.1) | (0.5) | (0.8) | (0.9) | (0.9) | +1.8% | |
| Acquisitions | 0.7 | 0.8 | 0.1 | 0.0 | (0.0) | 0.0 | +100.0% | |
| Investing cash flow | 0.3 | 0.7 | (0.6) | (0.6) | (2.9) | (0.9) | +70.4% | |
| Dividends paid | (0.2) | 0.0 | 0.0 | 0.0 | (0.0) | (0.1) | −167.6% | |
| Share buybacks | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | −166.7% | |
| Debt issued / repaid | 1.4 | 0.8 | (0.4) | (1.4) | 0.3 | (0.3) | −212.3% | |
| Financing cash flow | 1.4 | 1.6 | (0.5) | (1.4) | 0.0 | (0.7) | −2114.3% | |
| Free cash flow | (1.3) | (1.2) | 0.2 | 0.8 | 0.5 | 0.8 | +50.0% | |
| Net change in cash | 1.0 | 1.3 | (0.0) | (0.6) | (1.6) | 0.2 | +110.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
