| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortization | — | 0.0 | 0.3 | 0.3 | 0.3 | 0.3 | +9.6% | |
| Change in working capital | 0.0 | 0.0 | 1.3 | (0.2) | 0.4 | 0.9 | +138.4% | |
| Operating cash flow | 0.0 | (0.2) | (1.2) | (3.2) | (3.4) | (4.4) | −27.3% | |
| Capital expenditure | 0.0 | (0.0) | 0.0 | (0.0) | (0.2) | (0.2) | +5.1% | |
| Dividends paid | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Free cash flow | 0.0 | (0.2) | (1.2) | (3.2) | (3.5) | (4.5) | −28.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.