| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.4 | (2.5) | 7.9 | 9.8 | 7.6 | 4.7 | −37.5% | |
| Depreciation & amortization | 7.7 | 10.8 | 11.6 | 11.9 | 12.7 | 16.0 | +25.9% | |
| Stock-based compensation | 2.0 | 0.8 | 1.3 | 1.1 | 1.2 | 0.0 | −100.0% | |
| Change in working capital | (5.4) | (2.5) | (5.2) | (3.5) | (6.7) | 2.4 | +135.4% | |
| Operating cash flow | 7.1 | 10.1 | 16.3 | 22.8 | 25.3 | 24.2 | −4.3% | |
| Capital expenditure | (4.6) | (2.6) | (1.9) | (8.2) | (11.8) | (6.4) | +45.9% | |
| Acquisitions | (4.4) | (7.8) | (6.2) | (4.3) | (27.6) | (9.6) | +65.3% | |
| Investing cash flow | (6.6) | (10.3) | (7.8) | (14.3) | (38.1) | (13.0) | +65.8% | |
| Dividends paid | 0.0 | (1.2) | (3.1) | (3.5) | (3.9) | (4.3) | −9.1% | |
| Share buybacks | 0.0 | 0.0 | (0.4) | 0.0 | (0.6) | (1.2) | −104.0% | |
| Debt issued / repaid | (7.4) | 5.8 | (0.2) | 6.0 | 24.3 | (1.2) | −105.1% | |
| Financing cash flow | (10.2) | 1.5 | (8.7) | (7.1) | 13.3 | (11.0) | −182.8% | |
| Free cash flow | 2.5 | 7.5 | 14.4 | 14.6 | 13.5 | 17.8 | +32.0% | |
| Net change in cash | (8.0) | (0.7) | (0.1) | 1.4 | 0.5 | 0.2 | −62.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
