| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortization | 2.8 | 4.0 | 4.7 | 5.6 | 5.5 | 6.0 | +8.2% | |
| Change in working capital | 3.2 | (0.4) | (1.1) | 1.5 | (1.7) | 2.5 | +243.6% | |
| Operating cash flow | (0.2) | 1.8 | 0.5 | 0.5 | 0.6 | 6.1 | +997.1% | |
| Capital expenditure | (5.2) | (5.1) | (8.9) | (6.8) | (4.3) | (1.6) | +62.2% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Free cash flow | (5.4) | (3.3) | (8.3) | (6.4) | (3.8) | 4.4 | +217.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.