| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (20.9) | (119.4) | (162.5) | (112.2) | 33.5 | 40.0 | +19.5% | |
| Depreciation & amortization | 148.0 | 159.8 | 178.5 | 219.0 | 166.2 | 175.9 | +5.8% | |
| Stock-based compensation | 1.0 | 2.0 | 4.5 | 3.7 | 4.7 | 0.0 | −100.0% | |
| Change in working capital | 20.9 | (24.3) | (84.3) | (47.2) | (26.6) | 16.6 | +162.6% | |
| Operating cash flow | 59.5 | 35.9 | 51.1 | 147.2 | 198.3 | 276.4 | +39.4% | |
| Capital expenditure | (123.7) | (170.5) | (247.8) | (196.7) | (144.4) | (183.9) | −27.3% | |
| Acquisitions | (1.6) | (238.2) | (135.6) | 0.0 | 0.0 | 1.3 | — | |
| Investing cash flow | (123.5) | (407.6) | (381.5) | (195.8) | (149.7) | (188.2) | −25.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (24.3) | — | |
| Debt issued / repaid | 305.8 | 367.6 | (60.4) | 87.8 | 26.2 | 13.5 | −48.5% | |
| Financing cash flow | 271.5 | 474.0 | (74.6) | 43.2 | 4.5 | (31.9) | −807.9% | |
| Free cash flow | (64.2) | (134.6) | (196.7) | (49.5) | 53.9 | 92.5 | +71.6% | |
| Net change in cash | 207.6 | 100.2 | (409.3) | (13.0) | 54.4 | 44.4 | −18.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
