Velocity Composites Income Statement

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

Millions GBP. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	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
Revenue	18.7	20.7	23.01	16.41	11.96	9.77
Revenue Growth (YoY)	-9.68%	-10.02%	40.19%	37.23%	22.44%	-27.98%
Cost of Revenue	13.26	14.6	17.05	13.33	9.21	7.23
Gross Profit	5.44	6.11	5.96	3.09	2.75	2.54
Selling, General & Admin	6.71	6.97	6.98	5.78	4.06	3.9
Other Operating Expenses	-0.06	-0.15	-0.09	0.24	-	-
Total Operating Expenses	6.66	6.82	6.89	6.02	4.06	3.9
Operating Income	-1.22	-0.72	-0.93	-2.82	-1.32	-1.36
Total Non-Operating Income (Expense)	-0.3	-0.34	-0.41	-0.33	-0.19	-0.18
Pretax Income	-1.52	-1.06	-1.34	-3.14	-1.5	-1.55
Provision for Income Taxes	-	-	-	-	-	0.34
Net Income	-1.52	-1.06	-1.34	-3.14	-1.5	-1.89
Net Income to Common	-1.54	-1.08	-0.85	-3.14	-1.34	-1.21
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	55	54	53	38	36	36
Shares Outstanding (Diluted)	59	58	55	40	36	38
Shares Change (YoY)	1.99%	4.64%	39.05%	9.31%	-4.61%	-0.03%
EPS (Basic)	-0.03	-0.02	-0.02	-0.08	-0.04	-0.03
EPS (Diluted)	-0.03	-0.02	-0.02	-0.08	-0.04	-0.03
EPS Growth	-	-	-	-	-	-
Free Cash Flow	1.35	0.66	0.16	-3.13	0.02	0.26
Free Cash Flow Growth	105.94%	315.19%	-	-	-93.10%	-
Free Cash Flow Per Share	0.02	0.01	0.00	-0.08	0.00	0.01
Gross Margin	29.09%	29.50%	25.91%	18.80%	22.96%	26.00%
Operating Margin	-6.50%	-3.47%	-4.05%	-17.17%	-11.01%	-13.97%
Profit Margin	-8.11%	-5.11%	-5.84%	-19.15%	-12.58%	-19.31%
FCF Margin	7.23%	3.17%	0.69%	-19.04%	0.15%	2.67%
EBITDA	0.19	0.6	0.23	-1.93	-0.62	-0.64
EBITDA Margin	1.03%	2.92%	1.00%	-11.77%	-5.20%	-6.53%
EBIT	-1.22	-0.72	-0.93	-2.82	-1.32	-1.36
EBIT Margin	-6.50%	-3.47%	-4.05%	-17.17%	-11.01%	-13.97%
Effective Tax Rate	-	0.00%	0.00%	0.00%	0.00%	-21.99%