| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (4.9) | (7.6) | (7.6) | (10.8) | (12.0) | (11.2) | +6.7% | |
| Depreciation & amortization | 0.5 | 1.1 | 1.2 | 1.4 | 1.5 | 1.2 | −18.2% | |
| Stock-based compensation | 0.3 | 0.3 | 0.4 | 0.3 | 0.5 | 0.0 | −100.0% | |
| Change in working capital | 0.2 | (0.2) | 1.0 | (0.7) | (0.6) | 0.9 | +240.1% | |
| Operating cash flow | (3.4) | (5.9) | (5.2) | (8.3) | (10.2) | (7.7) | +24.2% | |
| Capital expenditure | (0.5) | (3.1) | (0.9) | (0.7) | (0.6) | (0.0) | +97.1% | |
| Acquisitions | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 4.6 | 2.8 | 1.3 | (0.7) | (1.5) | 0.8 | +150.9% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | (0.2) | (0.8) | 2.6 | 13.4 | 8.3 | 6.5 | −21.0% | |
| Free cash flow | (3.9) | (9.0) | (6.1) | (9.0) | (10.8) | (7.7) | +28.2% | |
| Net change in cash | 0.9 | (3.9) | (1.2) | 4.3 | (3.4) | (0.4) | +87.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
