| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (5.7) | 118.4 | 139.0 | 77.1 | 28.4 | 9.0 | −68.3% | |
| Depreciation & amortization | 61.8 | 53.7 | 60.6 | 66.8 | 62.9 | 57.3 | −9.0% | |
| Stock-based compensation | 5.3 | 7.1 | 6.0 | 5.5 | 2.7 | 3.7 | +38.6% | |
| Change in working capital | 84.6 | (42.9) | (20.7) | 20.1 | 26.8 | (8.0) | −130.0% | |
| Operating cash flow | 137.4 | 148.7 | 184.7 | 153.0 | 126.7 | 50.1 | −60.5% | |
| Capital expenditure | (22.7) | (28.4) | (31.7) | (31.4) | (15.7) | (10.0) | +36.4% | |
| Acquisitions | 0.9 | 2.6 | 2.1 | 0.6 | 2.4 | 1.1 | −53.3% | |
| Investing cash flow | (21.7) | (25.7) | (29.6) | (28.6) | (13.7) | (11.4) | +17.1% | |
| Dividends paid | 0.0 | (100.2) | (133.2) | (100.1) | (52.0) | (53.6) | −3.0% | |
| Share buybacks | (14.4) | (10.4) | (14.8) | (17.5) | (13.2) | (8.3) | +36.6% | |
| Debt issued / repaid | (39.2) | (37.0) | (35.9) | (40.0) | (40.6) | 0.0 | +100.0% | |
| Financing cash flow | (53.2) | (131.2) | (183.5) | (156.8) | (106.1) | (103.5) | +2.4% | |
| Free cash flow | 114.7 | 120.3 | 153.0 | 121.6 | 111.0 | 40.1 | −63.9% | |
| Net change in cash | 68.2 | (12.0) | (22.5) | (41.3) | 5.2 | (64.0) | −1327.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
