| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 9.0 | 6.9 | (9.3) | (4.7) | 3.5 | — | — | |
| Depreciation & amortization | 15.3 | 14.3 | 24.0 | 23.9 | 21.0 | 8.1 | −61.2% | |
| Stock-based compensation | 0.7 | 1.2 | 1.3 | 1.1 | 1.3 | — | — | |
| Change in working capital | 1.9 | (4.0) | (1.4) | 0.1 | 0.8 | (1.7) | −304.1% | |
| Operating cash flow | 15.4 | 16.5 | 12.4 | 23.0 | 29.8 | 22.1 | −25.7% | |
| Capital expenditure | (2.3) | (2.8) | (6.4) | (10.7) | (9.7) | (7.1) | +26.4% | |
| Acquisitions | 0.0 | (10.4) | (26.6) | (0.9) | 0.0 | — | — | |
| Investing cash flow | (2.3) | (7.4) | (33.0) | (11.6) | (11.4) | — | — | |
| Dividends paid | (1.9) | (5.6) | (5.6) | (1.4) | (5.7) | (1.9) | +66.6% | |
| Share buybacks | 0.0 | (2.7) | 0.0 | 0.0 | 0.0 | — | — | |
| Debt issued / repaid | (12.7) | (0.5) | 33.5 | 5.5 | (8.1) | — | — | |
| Financing cash flow | (11.5) | (12.5) | 18.5 | (9.5) | (18.5) | — | — | |
| Free cash flow | 13.1 | 13.7 | 6.0 | 12.2 | 20.1 | 15.4 | −23.1% | |
| Net change in cash | 1.5 | (3.4) | (0.4) | 1.8 | (0.1) | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.