| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 9.4 | 155.3 | (78.4) | 82.1 | 104.7 | 304.7 | +191.1% | |
| Depreciation & amortization | 1.3 | 1.6 | 1.9 | 2.2 | 2.3 | 2.6 | +12.6% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 5.9 | (2.5) | (8.6) | (1.3) | 0.3 | 3.8 | +1355.2% | |
| Operating cash flow | 31.8 | 32.0 | 39.0 | 44.2 | 46.9 | 44.7 | −4.7% | |
| Capital expenditure | (1.7) | (1.1) | (1.2) | (0.9) | (0.5) | (0.2) | +71.5% | |
| Acquisitions | 7.5 | (18.2) | 25.8 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (8.6) | (78.9) | (26.0) | (36.6) | (0.3) | (53.4) | −16760.6% | |
| Dividends paid | (46.1) | (34.9) | (37.2) | (40.5) | (43.0) | (45.6) | −6.1% | |
| Share buybacks | (0.1) | (1.8) | 0.0 | (0.8) | (1.2) | (0.6) | +50.1% | |
| Debt issued / repaid | (1.2) | 49.6 | (0.5) | (1.3) | (1.3) | 50.0 | +3961.0% | |
| Financing cash flow | (52.5) | 40.5 | (2.7) | (24.9) | (39.4) | 14.1 | +135.9% | |
| Free cash flow | 30.2 | 30.9 | 37.8 | 43.3 | 46.3 | 44.5 | −3.9% | |
| Net change in cash | (29.5) | (5.9) | 13.7 | (18.1) | 6.9 | 5.4 | −21.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
