| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 41.0 | 41.4 | 45.7 | 40.8 | 28.1 | 7.6 | −72.8% | |
| Depreciation & amortization | 6.5 | 6.2 | 6.4 | 5.7 | 5.4 | 5.1 | −5.4% | |
| Stock-based compensation | 2.2 | 5.6 | 6.7 | (5.3) | 1.2 | 0.2 | −85.1% | |
| Change in working capital | 15.7 | (1.7) | (9.5) | 5.9 | (0.8) | 5.9 | +859.9% | |
| Operating cash flow | 54.8 | 41.6 | 36.4 | 50.2 | 29.2 | 20.7 | −29.1% | |
| Capital expenditure | (0.6) | (0.4) | (1.2) | (0.7) | (0.3) | (0.2) | +43.9% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (0.6) | (0.4) | (1.2) | (0.7) | (0.3) | (0.2) | +43.9% | |
| Dividends paid | (20.1) | (46.8) | (38.2) | (39.3) | (31.7) | (20.3) | +36.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (2.5) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (5.3) | (5.3) | (5.5) | (4.8) | (3.7) | 0.0 | +100.0% | |
| Financing cash flow | (25.4) | (52.3) | (43.7) | (47.0) | (36.3) | (25.1) | +30.9% | |
| Free cash flow | 54.2 | 41.2 | 35.2 | 49.5 | 28.9 | 20.5 | −28.9% | |
| Net change in cash | 27.7 | (11.6) | (7.6) | 1.7 | (6.6) | (5.3) | +20.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
