| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 109.8 | 183.1 | 195.7 | 199.2 | 192.7 | 217.1 | +12.6% | |
| Depreciation & amortization | 4.3 | 4.4 | 4.6 | 5.0 | 6.0 | 8.3 | +38.8% | |
| Stock-based compensation | 2.1 | 3.9 | 4.2 | 5.9 | 7.4 | 8.5 | +14.8% | |
| Change in working capital | (0.0) | 2.5 | (5.9) | (0.7) | 4.8 | 2.4 | −50.1% | |
| Operating cash flow | 96.5 | 195.0 | 198.4 | 206.7 | 211.3 | 238.7 | +13.0% | |
| Capital expenditure | (3.5) | (0.7) | (2.9) | (3.3) | (9.1) | (0.9) | +90.1% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | (7.6) | 0.0 | +100.0% | |
| Investing cash flow | (3.5) | (0.7) | (2.9) | (1.7) | (17.2) | (10.2) | +40.9% | |
| Dividends paid | 0.0 | (64.4) | (67.7) | (71.7) | (74.3) | (78.6) | −5.7% | |
| Share buybacks | (30.9) | (175.7) | (132.9) | (132.0) | (114.8) | (145.1) | −26.5% | |
| Debt issued / repaid | 0.0 | 0.0 | (2.4) | 0.0 | (2.8) | 0.0 | +100.0% | |
| Financing cash flow | (32.5) | (243.0) | (203.4) | (206.5) | (191.9) | (227.1) | −18.3% | |
| Free cash flow | 93.0 | 194.3 | 195.5 | 203.4 | 202.2 | 237.8 | +17.6% | |
| Net change in cash | 60.4 | (48.7) | (7.9) | (1.4) | 2.1 | 1.7 | −21.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
