| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortization | 6.6 | 9.4 | 9.7 | 9.6 | 8.0 | 8.6 | +7.5% | |
| Change in working capital | 2.4 | (1.2) | (2.7) | (4.1) | (0.8) | (5.6) | −600.0% | |
| Operating cash flow | 13.0 | 9.8 | 6.8 | 9.2 | 15.4 | 14.4 | −6.5% | |
| Capital expenditure | (1.3) | (1.1) | (1.0) | (1.5) | (2.0) | (1.9) | +5.0% | |
| Dividends paid | (3.6) | (4.6) | (5.4) | (5.9) | (6.3) | (6.9) | −9.5% | |
| Free cash flow | 12.0 | 9.0 | 5.9 | 7.7 | 13.4 | 12.6 | −6.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.