| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (14.4) | 14.5 | 0.7 | (2.2) | (11.4) | (3.4) | +70.3% | |
| Depreciation & amortization | 6.1 | 4.7 | 4.8 | 5.5 | 6.5 | 3.7 | −43.2% | |
| Stock-based compensation | 0.4 | 0.8 | 1.7 | 1.9 | 1.1 | 0.9 | −22.0% | |
| Change in working capital | 5.5 | 0.0 | (12.2) | (6.1) | 4.6 | 0.6 | −86.9% | |
| Operating cash flow | (2.8) | (2.1) | (5.5) | (0.4) | 6.6 | 1.8 | −72.8% | |
| Capital expenditure | (1.1) | (1.9) | (5.4) | (1.9) | (1.0) | (2.0) | −90.8% | |
| Acquisitions | 0.2 | 9.3 | (3.5) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (0.6) | 7.8 | (8.6) | 0.6 | (0.8) | (2.7) | −256.4% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | (1.0) | 0.0 | 0.0 | (0.9) | — | |
| Debt issued / repaid | (1.2) | (0.8) | 0.3 | 0.9 | (0.9) | (0.1) | +91.3% | |
| Financing cash flow | (1.2) | (0.7) | (2.9) | (1.3) | (4.3) | (2.6) | +39.7% | |
| Free cash flow | (3.9) | (4.0) | (10.9) | (2.4) | 5.6 | (0.2) | −102.8% | |
| Net change in cash | (4.7) | 5.0 | (16.5) | (1.4) | 1.6 | (3.4) | −313.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
