£114.8m
£41.0m
-4.4%
£(16)m
*Net Debt is Bank Debt less cash and cash equivalents. It excludes lease liabilities under IFRS 16. 2020 includes HMRC support
£5.0m
(*) FY 2020 cash flow restated for £1,418k VAT for Q1 2020 deferred and paid in FY 2021 to reflect normalised net cash from operating activity
£8.6m
Revenue of £114.8m (2021: £109.1m), £5.7m (5.2%) up on 2021
(*) Underlying operating profit is used as an alternative performance measure to assess the trading performance of the business and is operating profit before separately disclosed items which are amortisation and impairment of acquired intangibles, impairment of goodwill, share based payments, and restructuring costs.
(+) Underlying EBITDA is underlying operating profit prior to depreciation charges and website amortisation.
(**) Underlying operating overheads is the total of distribution costs and administrative expenses before separately disclosed items.