| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 65.4 | 129.8 | 88.3 | 117.7 | 162.0 | 174.9 | +8.0% | |
| Depreciation & amortization | 25.1 | 22.0 | 24.9 | 29.7 | 33.6 | 36.2 | +7.7% | |
| Stock-based compensation | (0.1) | 12.1 | 9.7 | 6.6 | 10.5 | 10.8 | +2.9% | |
| Change in working capital | 102.6 | (52.7) | (64.5) | 43.2 | (33.8) | (21.0) | +37.9% | |
| Operating cash flow | 177.7 | 110.5 | 54.7 | 196.0 | 128.8 | 205.9 | +59.9% | |
| Capital expenditure | (5.8) | (8.0) | (11.8) | (14.3) | (18.2) | (16.0) | +12.1% | |
| Acquisitions | 8.2 | 1.4 | 0.6 | 2.0 | 1.9 | 0.5 | −73.7% | |
| Investing cash flow | (7.4) | (4.5) | 8.3 | (11.0) | 4.7 | (44.8) | −1053.2% | |
| Dividends paid | (9.6) | (32.3) | (43.5) | (48.1) | (56.1) | (65.8) | −17.3% | |
| Share buybacks | (9.6) | (33.6) | (15.7) | (11.3) | (47.2) | (40.7) | +13.8% | |
| Debt issued / repaid | (14.7) | (15.2) | (0.4) | (21.2) | (25.8) | 0.0 | +100.0% | |
| Financing cash flow | (29.8) | (80.8) | (66.8) | (78.9) | (101.8) | (122.3) | −20.1% | |
| Free cash flow | 171.9 | 102.5 | 42.9 | 181.4 | 110.6 | 189.9 | +71.7% | |
| Net change in cash | 140.5 | 25.2 | (3.8) | 106.1 | 31.7 | 46.3 | +46.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
