Vertical Aerospace Ltd. (EVTL)

Vertical Aerospace Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Revenue	-	-	-	0.13	0.09
Revenue Growth (YoY)	-	-	-	51.72%	24.29%
Cost of Revenue	-	-	-	0.06	0.04
Gross Profit	-	-	-	0.07	0.04
Selling, General & Admin	44.69	40.9	53.42	172.99	3.9
Research & Development	59.89	65.37	49.13	24.29	9.97
Other Operating Expenses	-43.41	-4.33	-5.91	-4.68	-2.32
Operating Expenses	61.17	101.95	96.63	192.6	11.56
Operating Income	-61.17	-101.95	-96.63	-192.53	-11.52
Interest Expense	-17.33	-16.36	-15.04	-0.56	-0.78
Interest & Investment Income	2.16	3.36	0.62	-	-
Currency Exchange Gain (Loss)	-5.17	12.87	-13.34	-	-
Other Non Operating Income (Expenses)	-242.46	19.48	31.49	32.58	-0.02
EBT Excluding Unusual Items	-323.97	-82.61	-92.9	-160.51	-12.32
Impairment of Goodwill	-	-	-1.47	-	-
Other Unusual Items	-457.23	-	-	-84.71	-
Pretax Income	-781.2	-82.61	-94.38	-245.22	-12.32
Income Tax Expense	0.05	-22.66	-	-	0
Net Income	-781.24	-59.95	-94.38	-245.22	-12.33
Net Income to Common	-781.24	-59.95	-94.38	-245.22	-12.33
Shares Outstanding (Basic)	20	19	18	12	10
Shares Outstanding (Diluted)	20	19	18	12	10
Shares Change (YoY)	6.22%	6.56%	44.58%	24.25%	-
EPS (Basic)	-38.46	-3.13	-5.26	-19.76	-1.23
EPS (Diluted)	-38.46	-3.13	-5.26	-19.76	-1.23
Free Cash Flow	-46.72	-76.8	-105.15	-28.34	-12.17
Free Cash Flow Per Share	-2.30	-4.02	-5.86	-2.28	-1.22
Gross Margin	-	-	-	51.52%	49.43%
Operating Margin	-	-	-	-145853.79%	-13235.63%
Profit Margin	-	-	-	-185775.76%	-14167.82%
Free Cash Flow Margin	-	-	-	-21469.70%	-13985.06%
EBITDA	-60.08	-101.06	-96.06	-191.76	-10.97
D&A For EBITDA	1.09	0.89	0.58	0.77	0.54
EBIT	-61.17	-101.95	-96.63	-192.53	-11.52

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q