| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 5.5 | 8.9 | 17.1 | 6.9 | 2.8 | 2.3 | −18.0% | |
| Depreciation & amortization | 6.2 | 6.2 | 6.5 | 6.7 | 6.3 | 6.9 | +9.4% | |
| Stock-based compensation | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.1 | −56.0% | |
| Change in working capital | 5.7 | (6.8) | (13.7) | 4.3 | 7.3 | (5.5) | −175.7% | |
| Operating cash flow | 18.3 | 9.8 | 10.3 | 17.2 | 19.1 | 8.5 | −55.6% | |
| Capital expenditure | (1.1) | (1.6) | (3.6) | (5.8) | (2.2) | (5.8) | −167.8% | |
| Acquisitions | 0.1 | (1.9) | (10.0) | (2.7) | (0.0) | 0.5 | +1721.2% | |
| Investing cash flow | (0.5) | (2.1) | (11.3) | (7.6) | (0.5) | (5.2) | −1046.7% | |
| Dividends paid | (2.8) | (3.0) | (3.3) | (3.9) | (4.0) | (4.1) | −1.6% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | — | |
| Debt issued / repaid | (1.5) | (0.9) | 9.0 | (2.3) | (1.8) | (4.7) | −162.8% | |
| Financing cash flow | (8.5) | (7.3) | 12.5 | (9.8) | (11.5) | (15.1) | −31.1% | |
| Free cash flow | 17.3 | 8.3 | 6.7 | 11.5 | 17.0 | 2.7 | −84.3% | |
| Net change in cash | 9.4 | (0.3) | 11.5 | (0.1) | 7.2 | (11.8) | −263.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
