| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (1.1) | 3.7 | 7.7 | 13.9 | 18.2 | 14.4 | −21.3% | |
| Depreciation & amortization | 3.7 | 3.7 | 3.7 | 2.0 | 2.2 | 3.1 | +38.5% | |
| Stock-based compensation | 0.7 | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | — | |
| Change in working capital | 4.4 | (1.3) | (2.9) | (7.5) | (8.0) | (0.2) | +97.0% | |
| Operating cash flow | 7.5 | 5.1 | 8.4 | 10.3 | 9.1 | 14.4 | +58.0% | |
| Capital expenditure | (0.9) | (0.6) | (0.8) | (0.5) | (2.2) | (2.2) | +2.4% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | (0.4) | (7.2) | −1683.7% | |
| Investing cash flow | (0.9) | (0.6) | (0.8) | (0.5) | (2.7) | (9.2) | −243.3% | |
| Dividends paid | (2.1) | (4.2) | (4.7) | (5.8) | (7.4) | (9.3) | −25.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (1.3) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Financing cash flow | (4.5) | (5.3) | (5.5) | (6.7) | 6.4 | (11.2) | −274.6% | |
| Free cash flow | 6.6 | 4.5 | 7.6 | 9.8 | 6.9 | 12.3 | +77.6% | |
| Net change in cash | 2.1 | (0.8) | 1.8 | 3.2 | 12.8 | (5.9) | −146.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
