| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (5.3) | 25.9 | 32.9 | (78.1) | (147.0) | (68.6) | +53.3% | |
| Depreciation & amortization | 26.6 | 25.9 | 33.6 | 28.4 | 24.8 | 21.9 | −11.7% | |
| Stock-based compensation | 3.7 | 7.9 | 8.9 | 1.5 | 2.2 | 2.3 | +4.5% | |
| Change in working capital | 4.4 | (2.6) | (15.8) | (10.5) | 30.2 | 5.3 | −82.5% | |
| Operating cash flow | 25.0 | 54.7 | 48.7 | (16.1) | 12.7 | (15.7) | −223.6% | |
| Capital expenditure | (15.7) | (21.7) | (20.2) | (18.5) | (15.5) | (7.2) | +53.5% | |
| Acquisitions | 0.2 | (56.1) | (33.2) | (2.5) | 2.7 | 7.6 | +181.5% | |
| Investing cash flow | (15.5) | (77.7) | (53.4) | (20.8) | (12.6) | (4.5) | +64.3% | |
| Dividends paid | 0.0 | (7.1) | (18.0) | (11.6) | 0.0 | 0.0 | — | |
| Share buybacks | (2.3) | (5.8) | (5.8) | (3.7) | (0.5) | (0.3) | +40.0% | |
| Debt issued / repaid | (11.0) | 32.6 | 36.5 | (80.6) | 13.6 | 17.3 | +27.2% | |
| Financing cash flow | (12.2) | 15.5 | 10.7 | 23.4 | 7.0 | 18.0 | +157.1% | |
| Free cash flow | 9.3 | 33.0 | 28.5 | (34.6) | (2.8) | (22.9) | −717.9% | |
| Net change in cash | (2.1) | (8.9) | 7.9 | (11.1) | 8.2 | (46.3) | −664.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
