| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 25.8 | 94.0 | 27.8 | 38.0 | 69.4 | 9.5 | −86.3% | |
| Depreciation & amortization | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.6 | +49.8% | |
| Stock-based compensation | 0.6 | 0.4 | 0.7 | 1.4 | 2.3 | 3.3 | +44.1% | |
| Change in working capital | 29.0 | 27.1 | (3.1) | 31.0 | 43.6 | (10.2) | −123.4% | |
| Operating cash flow | 21.1 | 50.0 | 37.4 | 2.9 | 34.5 | (51.1) | −247.9% | |
| Capital expenditure | (0.1) | (0.0) | (0.1) | (0.4) | (47.6) | (10.1) | +78.9% | |
| Acquisitions | (4.1) | (1.6) | (1.8) | (0.3) | (3.0) | (1.9) | +36.6% | |
| Investing cash flow | (19.9) | 1.9 | (53.6) | 15.4 | (37.6) | (41.3) | −9.8% | |
| Dividends paid | (1.1) | (5.9) | (4.0) | (4.4) | (4.9) | (5.4) | −10.3% | |
| Share buybacks | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.6 | (46.7) | 21.9 | 1.6 | 98.4 | 10.0 | −89.8% | |
| Financing cash flow | (0.3) | (52.6) | 15.8 | (2.7) | 93.3 | 2.1 | −97.7% | |
| Free cash flow | 21.0 | 50.0 | 37.3 | 2.5 | (13.1) | (61.1) | −367.7% | |
| Net change in cash | 0.9 | (0.7) | (0.5) | 15.6 | 90.2 | (90.2) | −200.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
