Vertical Aerospace Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	-	-	-	0.13	0.09	0.07
Revenue Growth (YoY)	-	-	-	51.72%	24.29%	-
Cost of Revenue	-	-	-	0.06	0.04	0.07
Gross Profit	-	-	-	0.07	0.04	0
Selling, General & Admin	40.9	40.9	53.42	172.99	3.9	2.7
Research & Development	65.37	65.37	49.13	24.29	9.97	5.15
Other Operating Expenses	-4.33	-4.33	-5.91	-4.68	-2.32	-0.4
Operating Expenses	101.95	101.95	96.63	192.6	11.56	7.45
Operating Income	-101.95	-101.95	-96.63	-192.53	-11.52	-7.45
Interest Expense	-16.36	-16.36	-15.04	-0.56	-0.78	-0.05
Interest & Investment Income	3.36	3.36	0.62	-	-	-
Currency Exchange Gain (Loss)	12.87	12.87	-13.34	-	-	-
Other Non Operating Income (Expenses)	19.48	19.48	31.49	32.58	-0.02	-0.02
EBT Excluding Unusual Items	-82.61	-82.61	-92.9	-160.51	-12.32	-7.51
Impairment of Goodwill	-	-	-1.47	-	-	-
Other Unusual Items	-	-	-	-84.71	-	-
Pretax Income	-82.61	-82.61	-94.38	-245.22	-12.32	-7.51
Income Tax Expense	-22.66	-22.66	-	-	0	-0.03
Net Income	-59.95	-59.95	-94.38	-245.22	-12.33	-7.48
Net Income to Common	-59.95	-59.95	-94.38	-245.22	-12.33	-7.48
Shares Outstanding (Basic)	191	191	179	124	100	100
Shares Outstanding (Diluted)	191	191	179	124	100	100
Shares Change (YoY)	6.56%	6.56%	44.58%	24.25%	-	-
EPS (Basic)	-0.31	-0.31	-0.53	-1.98	-0.12	-0.07
EPS (Diluted)	-0.31	-0.31	-0.53	-1.98	-0.12	-0.07
Free Cash Flow	-76.8	-76.8	-105.15	-28.34	-12.17	-8.81
Free Cash Flow Per Share	-0.40	-0.40	-0.59	-0.23	-0.12	-0.09
Gross Margin	-	-	-	51.52%	49.43%	5.71%
Operating Margin	-	-	-	-145853.79%	-13235.63%	-10640.00%
Free Cash Flow Margin	-	-	-	-21469.70%	-13985.06%	-12585.71%
EBITDA	-101.06	-101.06	-96.06	-191.76	-10.97	-7.29
D&A For EBITDA	0.89	0.89	0.58	0.77	0.54	0.16
EBIT	-101.95	-101.95	-96.63	-192.53	-11.52	-7.45

Source: S&P Capital IQ. Standard template.