We discuss \((K,\!N)\) -convexity and gradient flows for \((K,\!N)\) -convex functionals on metric spaces, in the case of real K and negative N. In this generality, it is necessary to consider functionals unbounded from below and/or above, possibly attaining as values both the positive and the negative infinity. We prove several properties of gradient flows of \((K,\!N)\) -convex functionals characterized by Evolution Variational Inequalities, including contractivity, regularity, and uniqueness.