Polynovo Ltd (PNV) — Free Cash Flow Generation Index

Latest as of December 2025: -0.18x

Polynovo Ltd (PNV) has a Free Cash Flow Generation Index of -0.18x as of December 2025. Free cash flow of AU$-1.62 Million represents 0% of operating cash flow (AU$9.16 Million). Explore Polynovo Ltd capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-0.18x

Free Cash Flow / Operating CF

Free Cash Flow

AU$-1.62 Million

AUD

Operating Cash Flow

AU$9.16 Million

AUD

Capital Expenditures

AU$10.78 Million

AUD

Polynovo Ltd Free Cash Flow Generation Index (2024–2025)

Historical FCF Generation Index trend for Polynovo Ltd across 2 annual periods. For the full cash flow conversion analysis, see Polynovo Ltd (PNV) cash conversion ratio.

Annual Free Cash Flow Generation for Polynovo Ltd (2024–2025)

Year-by-year Free Cash Flow Generation Index for Polynovo Ltd. Check PNV cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Year	FCG Index	Free Cash Flow (AUD)	Operating CF	Capital Expenditures	YoY Change
2025	-3.43x	AU$-10.78 Million	AU$3.15 Million	AU$13.93 Million	▼ -1705.0%
2024	0.21x	AU$786.00K	AU$3.68 Million	AU$2.90 Million	—

FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).