| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 69.3 | 52.7 | 68.3 | 72.7 | 80.2 | 81.2 | +1.2% | |
| Depreciation & amortization | 20.8 | 23.5 | 26.5 | 34.6 | 25.5 | 23.3 | −8.6% | |
| Stock-based compensation | 0.7 | 1.4 | 2.2 | 3.0 | 3.0 | 2.8 | −6.7% | |
| Change in working capital | (0.2) | (17.0) | 4.7 | (4.1) | 4.2 | (5.7) | −235.7% | |
| Operating cash flow | 82.3 | 63.7 | 100.7 | 102.2 | 115.6 | 105.1 | −9.1% | |
| Capital expenditure | (10.6) | (9.8) | (11.4) | (11.0) | (14.1) | (1.0) | +92.9% | |
| Acquisitions | 0.0 | (58.9) | (5.3) | (10.0) | 0.0 | (3.9) | — | |
| Investing cash flow | (17.7) | (67.3) | (16.9) | (20.9) | (13.8) | (9.9) | +28.3% | |
| Dividends paid | (62.8) | (62.8) | (62.8) | (63.4) | (65.5) | (66.9) | −2.1% | |
| Share buybacks | (0.9) | (0.3) | (0.3) | (0.5) | (0.4) | (30.2) | −7450.0% | |
| Debt issued / repaid | (1.8) | 57.5 | (13.5) | (9.5) | (22.5) | 2.0 | +108.9% | |
| Financing cash flow | (65.2) | (7.5) | (79.7) | (76.2) | (96.0) | (97.3) | −1.4% | |
| Free cash flow | 71.7 | 53.9 | 89.3 | 91.2 | 101.5 | 104.1 | +2.6% | |
| Net change in cash | (0.6) | (11.1) | 4.1 | 0.0 | 5.8 | (2.1) | −136.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
