| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Depreciation & amortization | 1.5 | 1.6 | 1.6 | 1.7 | 1.6 | 1.6 | −2.0% | |
| Change in working capital | (1.0) | (4.3) | 2.7 | 2.6 | (1.2) | (1.7) | −39.8% | |
| Operating cash flow | 5.4 | 1.2 | 5.8 | 5.8 | 2.8 | 1.9 | −31.2% | |
| Capital expenditure | (1.2) | (1.7) | (1.1) | (0.6) | (0.7) | (0.9) | −30.5% | |
| Dividends paid | (0.4) | (0.4) | 0.0 | 0.0 | (0.3) | (0.3) | −11.1% | |
| Free cash flow | 4.5 | (0.2) | 5.0 | 5.5 | 2.4 | 1.5 | −38.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.