| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 12.5 | 17.1 | 34.5 | (2.4) | 13.4 | — | — | |
| Depreciation & amortization | 20.4 | 25.3 | 25.3 | 36.7 | 43.7 | 40.1 | −8.2% | |
| Stock-based compensation | 5.1 | 2.9 | 7.6 | 0.1 | 0.0 | — | — | |
| Change in working capital | 4.1 | 6.6 | (4.2) | 9.4 | (11.6) | (15.2) | −31.0% | |
| Operating cash flow | 37.7 | 61.9 | 59.5 | 39.7 | 45.2 | 39.9 | −11.7% | |
| Capital expenditure | (21.1) | (17.5) | (17.4) | (2.0) | (1.1) | (21.0) | −1809.1% | |
| Acquisitions | (2.8) | (25.4) | 0.0 | (261.6) | (3.2) | — | — | |
| Investing cash flow | (23.9) | (42.9) | (17.4) | (280.9) | (20.7) | — | — | |
| Dividends paid | (5.5) | (6.7) | (7.7) | (10.1) | (10.6) | (10.8) | −1.9% | |
| Share buybacks | (2.2) | (9.9) | (9.8) | (1.9) | 0.0 | — | — | |
| Debt issued / repaid | 0.0 | 0.0 | 0.0 | 224.2 | (26.8) | — | — | |
| Financing cash flow | (11.5) | (20.0) | 29.1 | 208.3 | (42.9) | — | — | |
| Free cash flow | 16.6 | 44.4 | 42.1 | 37.7 | 44.1 | 38.6 | −12.5% | |
| Net change in cash | 0.2 | 1.9 | 69.8 | (33.6) | (18.8) | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
