Virgin Galactic Holdings, Inc. (BMV:SPCE)

Virgin Galactic Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	140.76	178.61	216.8	302.29	524.48	665.92
Short-Term Investments	348.75	384.62	657.24	606.72	79.42	-
Cash & Short-Term Investments	489.52	563.23	874.04	909.01	603.9	665.92
Cash Growth	-36.03%	-35.56%	-3.85%	50.52%	-9.31%	38.61%
Other Receivables	3.5	4.2	4.6	4.5	2.3	-
Receivables	3.5	4.2	4.6	4.5	2.3	-
Inventory	-	-	-	24.04	29.67	30.48
Prepaid Expenses	-	-	-	23.73	17.18	18.49
Restricted Cash	31.39	32.28	36.79	40.34	25.55	13.03
Other Current Assets	23.16	28.23	35.4	-	-	-
Total Current Assets	547.57	627.94	950.83	1,002	678.59	727.93
Property, Plant & Equipment	305.94	267.15	152.33	102.12	82.98	72.7
Long-Term Investments	45.61	61.28	71.6	30.39	301.46	-
Other Long-Term Assets	4.82	4.86	4.76	5.81	5.8	3.36
Total Assets	903.93	961.23	1,180	1,140	1,069	803.99
Accounts Payable	2.96	3.7	32.42	16.33	9.24	6
Accrued Expenses	41.63	49.53	41.68	61.85	28.79	22.98
Current Portion of Long-Term Debt	-	-	-	-	-	0.31
Current Portion of Leases	5.98	5.85	4.35	3.02	2.2	2.38
Current Unearned Revenue	82.2	84.49	97.84	102.65	90.86	83.21
Other Current Liabilities	11.07	6.44	9.38	0.21	0.43	0.14
Total Current Liabilities	143.82	150.01	185.66	184.05	131.52	115.02
Long-Term Debt	420.69	420.12	417.89	415.72	-	0.31
Long-Term Leases	66.12	67.63	68.86	56.65	39.97	24.15
Other Long-Term Liabilities	1.13	1.19	1.63	3.3	3.08	137.43
Total Liabilities	631.76	638.95	674.04	659.72	174.57	276.91
Common Stock	0	0	0	0.03	0.03	0.02
Additional Paid-In Capital	2,829	2,795	2,631	2,111	2,020	1,298
Retained Earnings	-2,557	-2,473	-2,126	-1,624	-1,124	-770.74
Comprehensive Income & Other	0.1	0.28	0.37	-7.33	-1.87	0.01
Shareholders' Equity	272.17	322.28	505.48	480.22	894.26	527.08
Total Liabilities & Equity	903.93	961.23	1,180	1,140	1,069	803.99
Total Debt	492.78	493.59	491.1	475.39	42.17	27.15
Net Cash (Debt)	42.34	130.92	454.53	464.01	863.19	638.77
Net Cash Growth	-87.54%	-71.20%	-2.04%	-46.24%	35.13%	40.11%
Net Cash Per Share	1.47	5.25	26.95	35.16	69.72	58.31
Filing Date Shares Outstanding	41.57	35.53	20	14.01	12.91	11.85
Total Common Shares Outstanding	39.99	33	20	13.77	12.91	11.81
Working Capital	403.74	477.93	765.17	817.56	547.07	612.91
Book Value Per Share	6.81	9.77	25.28	34.87	69.28	44.64
Tangible Book Value	272.17	322.28	505.48	480.22	894.26	527.08
Tangible Book Value Per Share	6.81	9.77	25.28	34.87	69.28	44.64
Land	1.3	1.3	1.3	1.3	-	-
Buildings	10.11	10.11	9.09	9.12	9.12	9.14
Machinery	47.28	47.12	44.06	37.42	37.2	34.53
Construction In Progress	160.08	117.81	34.58	4.34	2.9	1.78
Leasehold Improvements	77.65	77.59	37.14	31.09	29.16	28.74

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.