| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (9.9) | 7.0 | 10.8 | 13.2 | 7.4 | 1.9 | −74.5% | |
| Depreciation & amortization | 27.7 | 19.0 | 17.1 | 21.4 | 17.7 | 18.6 | +5.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (2.5) | (1.3) | 0.3 | 2.7 | (6.1) | (3.0) | +51.0% | |
| Operating cash flow | 15.0 | 29.3 | 29.8 | 36.9 | 21.1 | 20.4 | −3.4% | |
| Capital expenditure | (2.8) | (1.4) | (5.2) | (11.4) | (11.5) | (3.3) | +71.3% | |
| Acquisitions | 0.0 | 0.0 | 3.6 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (2.8) | (1.4) | (1.6) | (10.9) | (11.5) | (3.3) | +71.3% | |
| Dividends paid | 0.0 | 0.0 | (1.3) | (8.2) | (8.0) | 0.0 | +100.0% | |
| Share buybacks | 0.0 | 0.0 | (1.0) | (7.1) | 0.0 | 0.0 | — | |
| Debt issued / repaid | 7.0 | (2.6) | (4.4) | (14.5) | (14.5) | 0.0 | +100.0% | |
| Financing cash flow | (10.7) | (22.9) | (22.2) | (34.1) | (22.3) | (14.9) | +33.2% | |
| Free cash flow | 12.2 | 27.9 | 24.5 | 25.6 | 9.6 | 17.1 | +77.9% | |
| Net change in cash | 1.8 | 5.7 | 5.4 | (8.1) | (12.7) | 2.3 | +118.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
