| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 64.2 | 53.6 | 49.3 | 53.6 | 95.6 | 64.9 | −32.1% | |
| Depreciation & amortization | 22.9 | 27.1 | 27.2 | 31.3 | 33.8 | 40.0 | +18.3% | |
| Stock-based compensation | 3.5 | 4.8 | 4.3 | 2.7 | 2.7 | 2.2 | −18.5% | |
| Change in working capital | (12.2) | (10.4) | (9.4) | 9.8 | (8.7) | (14.7) | −69.0% | |
| Operating cash flow | 56.3 | 76.1 | 85.4 | 108.2 | 92.9 | 87.7 | −5.6% | |
| Capital expenditure | (15.4) | (16.8) | (20.7) | (23.0) | (19.2) | (4.8) | +75.0% | |
| Acquisitions | (28.3) | (49.2) | (9.7) | (22.8) | (15.4) | (144.7) | −839.6% | |
| Investing cash flow | (43.7) | (66.0) | (30.4) | (40.9) | (27.5) | (169.0) | −514.5% | |
| Dividends paid | (10.4) | (11.7) | (13.3) | (15.2) | (17.3) | (18.9) | −9.2% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | (27.3) | (45.1) | −65.2% | |
| Debt issued / repaid | (1.6) | (2.3) | (0.7) | (8.2) | (1.5) | 18.4 | +1326.7% | |
| Financing cash flow | (12.6) | (11.2) | (13.7) | (25.2) | (47.6) | (49.8) | −4.6% | |
| Free cash flow | 40.9 | 59.3 | 64.7 | 85.2 | 73.7 | 82.9 | +12.5% | |
| Net change in cash | 0.0 | (1.1) | 41.8 | 41.9 | 17.2 | (130.0) | −855.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
