Vertical Aerospace Ltd. (EVTL)

Vertical Aerospace Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	42.81	48.68	62.93	212.66	0.84	1.03
Short-Term Investments	-	-	59.89	-	-	-
Cash & Short-Term Investments	42.81	48.68	122.81	212.66	0.84	1.03
Cash Growth	-42.28%	-60.36%	-42.25%	25246.84%	-18.46%	-
Accounts Receivable	-	-	-	-	-	0.04
Other Receivables	16.17	21.35	11.7	6.09	2.8	1.1
Receivables	16.17	21.35	11.7	6.09	2.8	1.14
Prepaid Expenses	4.99	5.06	7.17	6.57	0.73	0.33
Restricted Cash	1.7	1.7	1.7	-	-	-
Total Current Assets	65.67	76.79	143.38	225.32	4.37	2.5
Property, Plant & Equipment	5.37	6.27	5.81	3.8	2.48	2.75
Goodwill	-	-	-	1.47	1.47	1.47
Other Intangible Assets	0.27	1.02	2.05	2.74	0.56	0.59
Total Assets	71.3	84.09	151.24	233.33	8.89	7.31
Accounts Payable	3.6	3.73	4.45	6.72	0.85	0.7
Accrued Expenses	7.89	13.14	11.58	33.51	1.56	0.36
Short-Term Debt	-	-	-	-	6.31	-
Current Portion of Leases	0.53	0.64	0.52	0.36	0.18	0.22
Current Income Taxes Payable	-	-	-	-	0	-
Other Current Liabilities	0.29	0.91	4.96	10.73	-	0.31
Total Current Liabilities	12.31	18.42	21.51	51.32	8.89	1.59
Long-Term Debt	108.64	109.29	115.25	112.8	-	-
Long-Term Leases	1.59	1.98	2.65	1.58	0.85	0.95
Other Long-Term Liabilities	4.1	4.18	4.52	6.07	0.09	0.61
Total Liabilities	126.63	133.86	143.92	171.77	9.82	3.14
Common Stock	0.02	0.02	0.02	0.02	-	4.16
Additional Paid-In Capital	273.82	257.7	257.2	248.35	-	-
Retained Earnings	-440.19	-394.26	-344.75	-250.12	-5.06	-
Comprehensive Income & Other	111.83	86.76	94.86	63.31	4.12	-
Shareholders' Equity	-55.33	-49.78	7.32	61.56	-0.94	4.16
Total Liabilities & Equity	71.3	84.09	151.24	233.33	8.89	7.31
Total Debt	110.76	111.91	118.41	114.74	7.33	1.17
Net Cash (Debt)	-67.95	-63.23	4.41	97.92	-6.49	-0.14
Net Cash Growth	-	-	-95.50%	-	-	-
Net Cash Per Share	-3.53	-3.31	0.25	7.89	-0.65	-0.01
Filing Date Shares Outstanding	22.34	22.12	21.42	20.91	0.1	9.99
Total Common Shares Outstanding	22.34	22.12	21.42	20.91	0.1	9.99
Working Capital	53.36	58.38	121.87	174	-4.52	0.91
Book Value Per Share	-2.48	-2.25	0.34	2.94	-8.95	-
Tangible Book Value	-55.59	-50.8	5.27	57.35	-2.97	2.1
Tangible Book Value Per Share	-2.49	-2.30	0.25	2.74	-28.31	-
Machinery	-	1.72	1.24	1.07	0.44	0.3
Construction In Progress	-	0.61	-	-	-	-
Leasehold Improvements	-	3.35	2.72	1.53	1.37	1.35

Source: S&P Capital IQ. Standard template. Financial Sources.