| GBP billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 1.2 | 1.4 | 1.1 | 1.3 | 1.4 | 1.6 | +13.1% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | +8.7% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | 0.0 | (0.2) | 0.2 | (0.1) | 0.0 | 0.3 | +421.6% | |
| Operating cash flow | 1.4 | 1.4 | 2.1 | 2.1 | 2.3 | 2.3 | −0.7% | |
| Capital expenditure | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | −26.0% | |
| Acquisitions | 0.2 | 0.1 | 9.2 | (0.1) | 0.0 | (0.2) | — | |
| Investing cash flow | 1.0 | (0.0) | (8.8) | (0.1) | 0.5 | (0.6) | −207.4% | |
| Dividends paid | (2.4) | (1.1) | (2.7) | (0.4) | (0.6) | (0.6) | −5.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | (0.0) | (0.1) | (0.6) | −428.7% | |
| Debt issued / repaid | 0.0 | 0.0 | 9.5 | (0.6) | 0.6 | (1.3) | −315.8% | |
| Financing cash flow | (2.4) | (1.2) | 6.9 | (1.6) | (1.5) | (2.6) | −66.2% | |
| Free cash flow | 1.1 | 1.1 | 1.7 | 1.8 | 2.1 | 2.0 | −3.9% | |
| Net change in cash | (0.0) | 0.1 | 0.2 | 0.4 | 1.2 | (0.8) | −163.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in GBP; the shares trade in USD.
