| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (2.2) | 2.1 | (6.3) | (13.0) | (26.4) | (3.0) | +88.8% | |
| Depreciation & amortization | 3.8 | 3.8 | 3.9 | 4.3 | 4.4 | 4.9 | +12.3% | |
| Stock-based compensation | 0.1 | 0.2 | 0.4 | 0.5 | 0.7 | 0.5 | −27.2% | |
| Change in working capital | 7.7 | (8.7) | (5.4) | 1.8 | 6.4 | 2.1 | −67.3% | |
| Operating cash flow | 9.5 | (1.0) | 4.1 | 8.2 | 4.0 | 9.2 | +130.0% | |
| Capital expenditure | (1.7) | (2.1) | (1.9) | (2.2) | (1.5) | (1.2) | +21.5% | |
| Acquisitions | (0.3) | 0.5 | 0.1 | 0.1 | (2.5) | (0.1) | +96.0% | |
| Investing cash flow | (1.9) | (1.6) | (1.8) | (2.1) | (5.8) | (3.8) | +34.8% | |
| Dividends paid | 0.0 | 0.0 | (1.2) | (1.3) | (1.4) | 0.0 | +100.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.6) | (1.9) | (1.7) | (1.8) | (3.0) | 3.0 | +200.0% | |
| Financing cash flow | (1.8) | (2.0) | (3.9) | (4.9) | (6.2) | (2.5) | +59.8% | |
| Free cash flow | 7.8 | (3.1) | 2.2 | 6.0 | 2.4 | 7.9 | +226.3% | |
| Net change in cash | 5.8 | (4.7) | (0.6) | 1.2 | (3.3) | 2.9 | +186.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
