| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 23.7 | 19.7 | 11.8 | 15.6 | 9.0 | 13.8 | +53.3% | |
| Depreciation & amortization | 2.2 | 3.1 | 3.5 | 3.8 | 4.7 | 8.3 | +76.6% | |
| Stock-based compensation | 0.0 | 7.7 | 3.9 | 3.9 | 3.1 | 1.4 | −54.8% | |
| Change in working capital | 4.7 | (3.0) | (0.5) | (4.3) | (5.7) | 3.0 | +152.6% | |
| Operating cash flow | 24.4 | 24.4 | 16.9 | 17.7 | 17.4 | 22.0 | +26.4% | |
| Capital expenditure | (2.6) | (3.2) | (2.9) | (5.0) | (24.8) | (1.4) | +94.4% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | (19.1) | 0.0 | +100.0% | |
| Investing cash flow | (2.6) | 2.7 | (2.9) | (5.0) | (43.9) | (5.4) | +87.7% | |
| Dividends paid | (9.5) | (14.9) | 0.0 | (10.6) | (4.8) | (5.8) | −20.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (0.5) | (0.8) | (0.9) | (0.9) | (0.8) | 0.0 | +100.0% | |
| Financing cash flow | (14.0) | (4.9) | (1.2) | (11.8) | (8.7) | (10.1) | −16.1% | |
| Free cash flow | 21.8 | 21.2 | 14.0 | 12.7 | (7.4) | 20.6 | +378.4% | |
| Net change in cash | 7.8 | 22.2 | 12.8 | 0.9 | (35.2) | 6.5 | +118.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
