| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 35.8 | 197.9 | (116.9) | 132.1 | 110.6 | (12.1) | −110.9% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (1.8) | (1.1) | 0.0 | 2.2 | 1.8 | 3.6 | +101.4% | |
| Operating cash flow | 25.8 | 31.6 | 37.4 | 36.9 | 33.8 | 24.1 | −28.8% | |
| Capital expenditure | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (137.0) | (55.0) | 60.1 | 112.5 | 321.6 | 306.2 | −4.8% | |
| Dividends paid | (34.2) | (36.6) | (39.0) | (38.8) | (37.9) | (30.9) | +18.6% | |
| Share buybacks | (3.4) | 0.0 | (73.3) | (98.8) | (310.4) | (308.9) | +0.5% | |
| Debt issued / repaid | 0.0 | 0.0 | 0.0 | 0.0 | (7.5) | 0.0 | +100.0% | |
| Financing cash flow | 109.3 | 25.5 | (112.3) | (139.7) | (358.0) | (339.8) | +5.1% | |
| Free cash flow | 25.8 | 31.6 | 37.4 | 36.9 | 33.8 | 24.1 | −28.8% | |
| Net change in cash | (1.9) | 2.1 | (14.7) | 9.6 | (2.8) | (9.5) | −241.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
