| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (16.9) | (21.2) | (28.7) | (30.9) | (25.9) | (27.2) | −5.1% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | +3.5% | |
| Stock-based compensation | 0.4 | 1.5 | 1.3 | 2.5 | 0.7 | 1.8 | +162.5% | |
| Change in working capital | (0.9) | (1.8) | 4.8 | 3.2 | (4.6) | 0.2 | +104.4% | |
| Operating cash flow | (17.5) | (22.2) | (23.0) | (23.8) | (23.0) | (17.9) | +22.0% | |
| Capital expenditure | (0.1) | (0.5) | (0.4) | (0.1) | (0.2) | (0.2) | +1.8% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (0.1) | (0.5) | (0.4) | (0.1) | (0.2) | (0.2) | +1.8% | |
| 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 | 0.5 | 0.5 | 10.3 | (0.8) | (0.2) | 16.1 | +9518.0% | |
| Financing cash flow | 14.8 | 25.6 | 23.5 | 24.0 | 25.8 | 27.3 | +5.6% | |
| Free cash flow | (17.6) | (22.7) | (23.4) | (23.9) | (23.2) | (18.1) | +21.8% | |
| Net change in cash | (3.0) | 2.7 | 0.1 | (0.1) | 2.6 | 3.3 | +25.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in EUR; the shares trade in GBP.
