Vertical Aerospace Ltd. (EVTL)

Vertical Aerospace Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	61.98	22.56	48.68	62.93	212.66	0.84
Short-Term Investments	-	-	-	59.89	-	-
Cash & Short-Term Investments	61.98	22.56	48.68	122.81	212.66	0.84
Cash Growth	-7.19%	-53.66%	-60.36%	-42.25%	25246.84%	-18.46%
Accounts Receivable	-	-	-	18.86	-	-
Other Receivables	10.4	13.72	21.35	-	6.09	2.8
Receivables	10.4	13.72	21.35	18.86	6.09	2.8
Prepaid Expenses	8.01	4.58	5.06	-	6.57	0.73
Restricted Cash	1.7	1.7	1.7	1.7	-	-
Total Current Assets	82.1	42.55	76.79	143.38	225.32	4.37
Property, Plant & Equipment	4.88	5.05	6.27	5.81	3.8	2.48
Goodwill	-	-	-	-	1.47	1.47
Other Intangible Assets	0.03	0.13	1.02	2.05	2.74	0.56
Total Assets	87	47.73	84.09	151.24	233.33	8.89
Accounts Payable	7.75	5.44	3.73	16.03	6.72	0.85
Accrued Expenses	8.2	8.24	13.14	-	33.51	1.56
Short-Term Debt	-	-	-	-	-	6.31
Current Portion of Leases	0.7	0.58	0.64	0.52	0.36	0.18
Current Income Taxes Payable	-	-	-	-	-	0
Other Current Liabilities	240.48	2.33	0.91	4.96	10.73	-
Total Current Liabilities	257.12	16.6	18.42	21.51	51.32	8.89
Long-Term Debt	-	-	-	-	112.8	-
Long-Term Leases	1.49	1.62	1.98	2.65	1.58	0.85
Other Long-Term Liabilities	4.49	528.85	113.47	119.77	6.07	0.09
Total Liabilities	263.11	547.07	133.86	143.92	171.77	9.82
Common Stock	0.07	0.06	0.02	0.02	0.02	-
Additional Paid-In Capital	598.47	554.39	257.7	257.2	248.35	-
Retained Earnings	-900.62	-1,152	-394.26	-344.75	-250.12	-5.06
Treasury Stock	-0.8	-0.8	-	-	-	-
Comprehensive Income & Other	126.78	99.3	86.76	94.86	63.31	4.12
Shareholders' Equity	-176.11	-499.34	-49.78	7.32	61.56	-0.94
Total Liabilities & Equity	87	47.73	84.09	151.24	233.33	8.89
Total Debt	2.19	2.2	2.62	3.16	114.74	7.33
Net Cash (Debt)	59.79	20.36	46.06	119.65	97.92	-6.49
Net Cash Growth	-	-55.81%	-61.50%	22.20%	-	-
Net Cash Per Share	1.18	1.00	2.41	6.67	7.89	-0.65
Filing Date Shares Outstanding	84.68	84.55	22.12	21.42	20.91	0.1
Total Common Shares Outstanding	84.68	69.54	22.12	21.42	20.91	0.1
Working Capital	-175.03	25.95	58.38	121.87	174	-4.52
Book Value Per Share	-2.08	-7.18	-2.25	0.34	2.94	-8.95
Tangible Book Value	-176.13	-499.47	-50.8	5.27	57.35	-2.97
Tangible Book Value Per Share	-2.08	-7.18	-2.30	0.25	2.74	-28.31
Machinery	-	1.59	1.72	1.24	1.07	0.44
Construction In Progress	-	-	0.61	-	-	-
Leasehold Improvements	-	4.19	3.35	2.72	1.53	1.37

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q