Velocity Composites Balance Sheet

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

Millions GBP. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Equivalents	0.39	1.66	3.18	2.34	3.48
Cash & Short-Term Investments	0.39	1.66	3.18	2.34	3.48
Cash Growth	-76.43%	-47.67%	35.58%	-32.57%	6.37%
Accounts Receivable	2.47	3.35	3.19	2.23	1.88
Other Receivables	0.12	0.23	0.1	0.01	0.36
Receivables	2.59	3.58	3.28	2.24	2.24
Inventory	2.1	2.5	2.74	1.41	0.88
Prepaid Expenses	0.43	0.4	0.39	0.28	0.26
Total Current Assets	5.52	8.14	9.59	6.27	6.86
Property, Plant & Equipment	3.72	3.68	4.22	3.37	2.74
Long-Term Deferred Charges	1.07	0.99	0.89	0.17	0.09
Total Assets	10.3	12.81	14.7	9.81	9.69
Accounts Payable	1.7	3.25	3.79	1.13	0.64
Accrued Expenses	0.35	0.37	0.53	0.46	0.14
Short-Term Debt	-	-	0.07	0.18	-
Current Portion of Long-Term Debt	0.4	0.5	0.5	0.5	0.51
Current Portion of Leases	0.7	0.56	0.49	0.41	0.31
Current Income Taxes Payable	0.43	0.32	0.18	0.27	0.27
Other Current Liabilities	0.11	-	0.02	0.17	0.01
Total Current Liabilities	3.7	5	5.58	3.12	1.88
Long-Term Debt	0.1	0.47	0.97	1.51	2
Long-Term Leases	1.19	1.26	1.59	1.79	1.24
Other Long-Term Liabilities	0.18	0.22	-	-	-
Total Liabilities	5.16	6.94	8.13	6.41	5.12
Common Stock	0.14	0.13	0.13	0.09	0.09
Additional Paid-In Capital	4.89	4.87	4.87	9.73	9.73
Retained Earnings	-0.41	0.35	1.09	-7.1	-5.79
Comprehensive Income & Other	0.52	0.52	0.48	0.68	0.54
Shareholders' Equity	5.14	5.87	6.57	3.4	4.57
Total Liabilities & Equity	10.3	12.81	14.7	9.81	9.69
Total Debt	2.39	2.79	3.62	4.38	4.06
Net Cash (Debt)	-2	-1.13	-0.44	-2.04	-0.59
Net Cash Per Share	-0.04	-0.02	-0.01	-0.05	-0.02
Filing Date Shares Outstanding	54.67	53.51	53.39	36.46	36.3
Total Common Shares Outstanding	54.67	53.51	53.39	36.46	36.3
Working Capital	1.82	3.14	4.01	3.16	4.98
Book Value Per Share	0.09	0.11	0.12	0.09	0.13
Tangible Book Value	5.14	5.87	6.57	3.4	4.57
Tangible Book Value Per Share	0.09	0.11	0.12	0.09	0.13
Machinery	2.91	3.38	3.26	2.33	2.33
Leasehold Improvements	1.14	1.01	1	0.63	0.49