| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 0.3 | 0.1 | 1.3 | (2.4) | (3.4) | (3.1) | +10.1% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.3 | 0.5 | 0.8 | 0.9 | +10.6% | |
| Stock-based compensation | 0.0 | 0.6 | 0.3 | 0.2 | 0.0 | 0.0 | −55.0% | |
| Change in working capital | 0.8 | (0.3) | (0.2) | 0.5 | 0.8 | 1.1 | +38.4% | |
| Operating cash flow | (7,744.0) | 10,522.0 | 3,882.0 | (0.5) | (0.8) | (0.0) | +94.4% | |
| Capital expenditure | (1,324.0) | (1,720.0) | (1,746.0) | (0.2) | (0.2) | (0.1) | +56.7% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (18,376.0) | 4,270.0 | (21,673.0) | (0.4) | (0.2) | (0.1) | +56.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | (1,413.0) | (1,674.0) | (4,133.0) | (5,249.0) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.1) | (0.4) | (0.2) | (0.8) | 0.8 | 0.7 | −13.3% | |
| Financing cash flow | (0.1) | (0.4) | (0.2) | (1.1) | 0.2 | (0.2) | −235.1% | |
| Free cash flow | (9,068.0) | 8,802.0 | 2,136.0 | (0.7) | (1.1) | (0.1) | +86.4% | |
| Net change in cash | 43,529.0 | 49,064.0 | 19,584.0 | (2.0) | (0.9) | (0.3) | +61.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
