| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortization | 0.1 | 0.1 | 0.1 | 0.5 | 1.3 | 1.8 | +31.3% | |
| Change in working capital | 1.8 | 0.6 | 0.1 | 2.1 | (3.6) | 4.8 | +232.2% | |
| Operating cash flow | 1.8 | (2.8) | 0.5 | 1.3 | (2.4) | 4.9 | +302.3% | |
| Capital expenditure | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (1.6) | −15840.0% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Free cash flow | 1.8 | (2.8) | 0.4 | 1.3 | (2.4) | 4.4 | +282.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.