| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (21.6) | 96.0 | 44.4 | (6.7) | 90.7 | 34.8 | −61.7% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 0.3 | (0.6) | 0.0 | (0.1) | 0.1 | 0.0 | −44.3% | |
| Operating cash flow | 15.6 | 12.1 | 15.4 | 14.7 | 14.5 | 13.6 | −6.4% | |
| Capital expenditure | 0.0 | 0.0 | 0.0 | 0.0 | (14.5) | 0.0 | +100.0% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (32.0) | 13.1 | 13.0 | 7.1 | 29.0 | 39.1 | +34.9% | |
| Dividends paid | (13.9) | (14.5) | (16.1) | (19.3) | (15.7) | (14.8) | +5.7% | |
| Share buybacks | (0.6) | (6.3) | (1.3) | (8.0) | (43.9) | (29.4) | +32.9% | |
| Debt issued / repaid | 19.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | 5.1 | (20.8) | (17.4) | (27.2) | (59.6) | (44.3) | +25.7% | |
| Free cash flow | 15.6 | 12.1 | 15.4 | 14.7 | 14.5 | 13.6 | −6.4% | |
| Net change in cash | (12.7) | 4.6 | 12.8 | (5.4) | (16.0) | 7.6 | +147.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
