| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (2.1) | 0.5 | 0.9 | 1.9 | 2.9 | 4.5 | +53.8% | |
| Depreciation & amortization | 2.5 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 | +1.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | −23.5% | |
| Change in working capital | (2.6) | (1.2) | 0.6 | 0.8 | 0.5 | 0.3 | −44.2% | |
| Operating cash flow | (3.0) | (0.3) | 1.9 | 2.5 | 3.8 | 4.4 | +15.9% | |
| Capital expenditure | (1.0) | (0.6) | (0.6) | (0.7) | (0.9) | (0.6) | +29.9% | |
| Acquisitions | (0.1) | 0.1 | 1.4 | (0.0) | 0.0 | 0.1 | +157.8% | |
| Investing cash flow | (1.0) | (0.4) | 0.8 | (0.7) | (0.8) | (0.9) | −8.9% | |
| Dividends paid | (0.1) | 0.0 | (0.0) | (0.0) | (0.0) | (0.9) | −88400.0% | |
| Share buybacks | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (1.0) | −100900.0% | |
| Debt issued / repaid | 1.9 | 1.0 | (2.0) | 0.0 | (0.5) | (0.8) | −60.3% | |
| Financing cash flow | 3.0 | (0.1) | (2.9) | (0.5) | (1.0) | (2.8) | −170.0% | |
| Free cash flow | (4.0) | (0.8) | 1.3 | 1.8 | 2.9 | 3.8 | +30.0% | |
| Net change in cash | (0.9) | (0.9) | (0.0) | 1.1 | 1.8 | 0.7 | −63.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
