| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (5.7) | 19.9 | (46.0) | (157.5) | (47.3) | (30.1) | +36.3% | |
| Depreciation & amortization | 9.8 | 12.5 | 26.4 | 28.7 | 22.4 | 20.5 | −8.7% | |
| Stock-based compensation | 3.3 | 4.0 | 6.5 | 3.5 | 0.0 | 4.7 | — | |
| Change in working capital | (12.2) | (12.9) | 4.9 | 17.5 | (34.4) | 3.2 | +109.4% | |
| Operating cash flow | 3.1 | 25.5 | (12.6) | (28.5) | (50.6) | (5.5) | +89.2% | |
| Capital expenditure | (13.4) | (9.5) | (16.3) | (9.8) | (7.5) | (4.8) | +36.5% | |
| Acquisitions | 0.0 | 0.0 | (99.2) | 8.4 | 9.0 | (3.3) | −137.1% | |
| Investing cash flow | (10.8) | (9.5) | (56.5) | 2.8 | 5.6 | (8.1) | −243.8% | |
| 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 | (0.3) | (4.5) | 33.4 | (3.1) | (0.5) | 3.2 | +782.4% | |
| Financing cash flow | 38.2 | 46.2 | 98.6 | (12.7) | 2.9 | 50.6 | +1639.8% | |
| Free cash flow | (10.2) | 16.0 | (28.9) | (38.3) | (58.1) | (10.2) | +82.4% | |
| Net change in cash | 30.5 | 62.2 | 32.3 | (37.6) | (43.1) | 36.2 | +184.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
