Velocity Composites plc (AIM:VEL)

Velocity Composites Income Statement

Financials in millions GBP. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	22.7	23.01	16.41	11.96	9.77	13.56
Revenue Growth (YoY)	12.53%	40.19%	37.23%	22.44%	-27.98%	-44.23%
Cost of Revenue	16.12	17.05	13.33	9.21	7.23	11.24
Gross Profit	6.58	5.96	3.09	2.75	2.54	2.32
Selling, General & Admin	7.08	6.98	5.78	4.06	3.9	5.13
Other Operating Expenses	-0.04	-0.09	-	-	-	-
Operating Expenses	7.05	6.89	5.78	4.06	3.9	5.13
Operating Income	-0.47	-0.93	-2.7	-1.32	-1.36	-2.81
Interest Expense	-0.37	-0.41	-0.33	-0.19	-0.18	-0.11
Interest & Investment Income	-	-	-	-	-	0.01
EBT Excluding Unusual Items	-0.84	-1.34	-3.02	-1.5	-1.55	-2.91
Merger & Restructuring Charges	-	-	-	-	-	-0.34
Other Unusual Items	-	-	-0.12	-	-	-
Pretax Income	-0.84	-1.34	-3.14	-1.5	-1.55	-3.25
Income Tax Expense	-0.1	-0.5	-	-0.17	-0.34	-0.12
Net Income	-0.74	-0.85	-3.14	-1.34	-1.21	-3.13
Net Income to Common	-0.74	-0.85	-3.14	-1.34	-1.21	-3.13
Shares Outstanding (Basic)	54	53	38	38	36	36
Shares Outstanding (Diluted)	54	53	38	38	36	36
Shares Change (YoY)	14.61%	39.17%	-0.19%	6.10%	0.77%	0.38%
EPS (Basic)	-0.01	-0.02	-0.08	-0.03	-0.03	-0.09
EPS (Diluted)	-0.01	-0.02	-0.08	-0.04	-0.03	-0.09
Free Cash Flow	1.05	0.16	-3.13	0.02	0.26	-1.62
Free Cash Flow Per Share	0.02	0.00	-0.08	-	0.01	-0.04
Gross Margin	28.98%	25.91%	18.80%	22.96%	26.00%	17.14%
Operating Margin	-2.06%	-4.05%	-16.43%	-11.01%	-13.96%	-20.71%
Profit Margin	-3.26%	-3.67%	-19.15%	-11.18%	-12.35%	-23.08%
Free Cash Flow Margin	4.61%	0.69%	-19.04%	0.15%	2.67%	-11.95%
EBITDA	-0.08	-0.55	-2.4	-1.11	-1.14	-2.59
EBITDA Margin	-0.34%	-2.39%	-14.62%	-9.26%	-11.62%	-19.06%
D&A For EBITDA	0.39	0.38	0.3	0.21	0.23	0.22
EBIT	-0.47	-0.93	-2.7	-1.32	-1.36	-2.81
EBIT Margin	-2.06%	-4.05%	-16.43%	-11.01%	-13.96%	-20.71%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.