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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	91.72	22.56	48.68	62.93	212.66	0.84
Short-Term Investments	-	-	-	59.89	-	-
Cash & Short-Term Investments	91.72	22.56	48.68	122.81	212.66	0.84
Cash Growth	114.26%	-53.66%	-60.36%	-42.25%	25246.84%	-18.46%
Accounts Receivable	-	-	-	18.86	-	-
Other Receivables	13.08	13.72	21.35	-	6.09	2.8
Receivables	13.08	13.72	21.35	18.86	6.09	2.8
Prepaid Expenses	5.93	4.58	5.06	-	6.57	0.73
Restricted Cash	1.7	1.7	1.7	1.7	-	-
Total Current Assets	112.43	42.55	76.79	143.38	225.32	4.37
Property, Plant & Equipment	5.89	5.05	6.27	5.81	3.8	2.48
Goodwill	-	-	-	-	1.47	1.47
Other Intangible Assets	0	0.13	1.02	2.05	2.74	0.56
Total Assets	118.32	47.73	84.09	151.24	233.33	8.89
Accounts Payable	5.71	5.44	3.73	16.03	6.72	0.85
Accrued Expenses	10.5	8.24	13.14	-	33.51	1.56
Short-Term Debt	-	-	-	-	-	6.31
Current Portion of Leases	0.92	0.58	0.64	0.52	0.36	0.18
Current Income Taxes Payable	-	-	-	-	-	0
Other Current Liabilities	186.13	2.33	0.91	4.96	10.73	-
Total Current Liabilities	203.26	16.6	18.42	21.51	51.32	8.89
Long-Term Debt	-	-	-	-	112.8	-
Long-Term Leases	2.51	1.62	1.98	2.65	1.58	0.85
Other Long-Term Liabilities	4.65	528.85	113.47	119.77	6.07	0.09
Total Liabilities	210.42	547.07	133.86	143.92	171.77	9.82
Common Stock	0.08	0.06	0.02	0.02	0.02	-
Additional Paid-In Capital	652.6	554.39	257.7	257.2	248.35	-
Retained Earnings	-876.17	-1,152	-394.26	-344.75	-250.12	-5.06
Treasury Stock	-0.8	-0.8	-	-	-	-
Comprehensive Income & Other	132.21	99.3	86.76	94.86	63.31	4.12
Shareholders' Equity	-92.1	-499.34	-49.78	7.32	61.56	-0.94
Total Liabilities & Equity	118.32	47.73	84.09	151.24	233.33	8.89
Total Debt	3.43	2.2	2.62	3.16	114.74	7.33
Net Cash (Debt)	88.29	20.36	46.06	119.65	97.92	-6.49
Net Cash Growth	-	-55.81%	-61.50%	22.20%	-	-
Net Cash Per Share	1.27	1.00	2.41	6.67	7.89	-0.65
Filing Date Shares Outstanding	99.79	84.55	22.12	21.42	20.91	0.1
Total Common Shares Outstanding	99.79	69.54	22.12	21.42	20.91	0.1
Working Capital	-90.83	25.95	58.38	121.87	174	-4.52
Book Value Per Share	-0.92	-7.18	-2.25	0.34	2.94	-8.95
Tangible Book Value	-92.1	-499.47	-50.8	5.27	57.35	-2.97
Tangible Book Value Per Share	-0.92	-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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q