| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 14.8 | 54.1 | 58.2 | 13.4 | 5.2 | (14.9) | −386.5% | |
| Depreciation & amortization | 23.3 | 21.0 | 21.7 | 24.0 | 23.0 | 22.5 | −2.2% | |
| Stock-based compensation | 2.2 | 2.3 | 2.5 | 0.7 | 1.7 | 2.2 | +29.4% | |
| Change in working capital | 69.9 | (33.6) | (27.0) | 6.5 | 0.2 | 4.3 | +2050.0% | |
| Operating cash flow | 98.9 | 33.6 | 38.1 | 45.5 | 19.8 | 8.9 | −55.1% | |
| Capital expenditure | (9.9) | (13.2) | (15.9) | (15.9) | (10.1) | (1.4) | +86.1% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (8.9) | (12.8) | (15.5) | (14.2) | (9.4) | (5.9) | +37.2% | |
| Dividends paid | (3.2) | (11.9) | (15.2) | (15.8) | (15.5) | (11.2) | +27.7% | |
| Share buybacks | 0.0 | (12.3) | (22.7) | (10.0) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (26.6) | 15.7 | 10.4 | (10.3) | (0.2) | 7.3 | +3750.0% | |
| Financing cash flow | (49.1) | (27.2) | (47.5) | (52.2) | (33.9) | (21.5) | +36.6% | |
| Free cash flow | 89.0 | 20.4 | 22.2 | 29.6 | 9.7 | 7.5 | −22.7% | |
| Net change in cash | 43.1 | (13.2) | (19.1) | (27.5) | (27.6) | (19.0) | +31.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
