| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (3.2) | (1.3) | 9.6 | 5.5 | 19.8 | 12.8 | −35.1% | |
| Depreciation & amortization | 12.8 | 13.6 | 13.7 | 14.7 | 15.5 | 17.2 | +11.0% | |
| Stock-based compensation | 1.0 | 1.5 | 0.2 | 1.0 | 1.5 | 2.8 | +79.0% | |
| Change in working capital | (0.6) | 1.7 | (1.2) | (10.8) | (4.9) | (4.4) | +10.0% | |
| Operating cash flow | 14.7 | 23.5 | 24.0 | 15.7 | 24.7 | 26.9 | +8.5% | |
| Capital expenditure | (0.7) | (2.0) | (3.7) | (3.6) | (2.7) | (2.9) | −7.4% | |
| Acquisitions | (3.5) | (11.3) | (8.4) | (13.9) | (12.7) | (5.3) | +58.0% | |
| Investing cash flow | (4.2) | (16.1) | (16.3) | (17.2) | (14.4) | (9.2) | +35.9% | |
| Dividends paid | 0.0 | (0.6) | (1.5) | (2.7) | (2.8) | (3.6) | −28.9% | |
| Share buybacks | (0.3) | (5.7) | (4.9) | (1.1) | 0.0 | (5.5) | — | |
| Debt issued / repaid | (0.1) | (15.2) | (10.7) | 10.9 | 6.2 | 4.5 | −27.3% | |
| Financing cash flow | 11.0 | (21.3) | (18.8) | (5.5) | (10.0) | (17.5) | −74.3% | |
| Free cash flow | 14.0 | 21.5 | 20.3 | 12.1 | 22.1 | 24.0 | +8.7% | |
| Net change in cash | 21.5 | (13.9) | (7.3) | (7.0) | 0.3 | 0.2 | −53.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
