| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 34.3 | 21.7 | (118.8) | (48.6) | 15.7 | (74.5) | −573.9% | |
| Depreciation & amortization | 21.2 | 28.1 | 46.1 | 42.1 | 36.8 | 35.2 | −4.3% | |
| Stock-based compensation | 5.2 | 6.2 | 2.3 | 0.0 | 5.1 | 4.4 | −12.5% | |
| Change in working capital | 11.8 | (2.0) | (17.7) | (5.2) | (3.4) | (9.9) | −194.9% | |
| Operating cash flow | 58.4 | 44.6 | 34.3 | 35.5 | 52.8 | 39.8 | −24.6% | |
| Capital expenditure | (0.7) | (1.7) | (1.0) | (0.5) | (0.8) | (1.3) | −71.3% | |
| Acquisitions | 2.5 | (460.5) | (5.0) | 0.1 | 0.0 | (7.2) | −239166.7% | |
| Investing cash flow | 1.8 | (462.2) | (5.4) | (0.4) | (0.7) | (8.2) | −1125.4% | |
| Dividends paid | (5.9) | (6.7) | (9.6) | (10.1) | (10.6) | (10.9) | −3.1% | |
| Share buybacks | 0.0 | (0.0) | (2.5) | (0.0) | (2.3) | (45.2) | −1826.2% | |
| Debt issued / repaid | (62.5) | 125.5 | (10.4) | (23.3) | (26.7) | 39.4 | +247.5% | |
| Financing cash flow | (66.1) | 415.7 | (30.0) | (34.8) | (47.7) | (24.8) | +48.1% | |
| Free cash flow | 57.7 | 42.9 | 33.3 | 35.0 | 52.0 | 38.5 | −26.0% | |
| Net change in cash | (6.4) | 1.2 | (0.8) | (0.2) | 3.8 | 6.3 | +63.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
