Vertical Aerospace Ltd. (EVTL)

Vertical Aerospace Cash Flow Statement

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
Net Income	-513.16	-781.24	-59.95	-94.38	-245.22	-12.33
Depreciation & Amortization	1.33	1.82	1.55	0.99	0.94	0.68
Other Amortization	0.89	0.89	1.16	1.2	-	-
Asset Writedown & Restructuring Costs	-	-	-	1.47	-	-
Stock-Based Compensation	5.91	7.49	8.82	23.19	101.61	0.1
Other Operating Activities	435.69	735.11	-30.68	-3.17	80.45	0.81
Change in Accounts Receivable	1.04	-7.77	3.79	-6.21	-9.13	-2.06
Change in Accounts Payable	-2.65	-2.58	0.61	-26.8	43.8	0.79
Operating Cash Flow	-70.95	-46.29	-74.7	-103.71	-27.55	-12.01
Capital Expenditures	-0.24	-0.43	-2.1	-1.44	-0.79	-0.16
Cash Acquisitions	-	-	-	-	-	-0.3
Divestitures	-	-	-	-	0	-
Sale (Purchase) of Intangibles	-	-	-0.16	-0.57	-2.57	-0.23
Investment in Securities	-	-	59.67	-59.25	-	-
Other Investing Activities	2.24	2.16	3.97	-1.7	-	-
Investing Cash Flow	2	1.73	61.38	-62.96	-3.35	-0.69
Short-Term Debt Issued	-	-	-	-	2.95	5.6
Long-Term Debt Issued	-	-	-	-	166.98	-
Total Debt Issued	-	-	-	-	169.93	5.6
Short-Term Debt Repaid	-	-	-	-	-0.74	-
Long-Term Debt Repaid	-	-0.77	-0.67	-0.48	-0.24	-0.22
Total Debt Repaid	-0.9	-0.77	-0.67	-0.48	-0.98	-0.22
Net Debt Issued (Repaid)	-0.9	-0.77	-0.67	-0.48	168.95	5.38
Issuance of Common Stock	54.06	19.54	0.84	7.73	-	-
Other Financing Activities	13.24	-	-	-	75.76	7.13
Financing Cash Flow	66.4	18.77	0.17	7.25	244.71	12.51
Foreign Exchange Rate Adjustments	-2.25	-0.33	-1.1	9.69	-1.99	-
Net Cash Flow	-4.8	-26.12	-14.25	-149.73	211.82	-0.19
Free Cash Flow	-71.19	-46.72	-76.8	-105.15	-28.34	-12.17
Free Cash Flow Margin	-	-	-	-	-21469.70%	-13985.06%
Free Cash Flow Per Share	-1.40	-2.30	-4.02	-5.86	-2.28	-1.22
Cash Income Tax Paid	-	-15.84	-11.32	-	-	-
Levered Free Cash Flow	182.31	-32.94	-75.44	-84.3	-56.38	-8.32
Unlevered Free Cash Flow	191.45	-22.11	-65.21	-74.9	-56.03	-7.83
Change in Working Capital	-1.61	-10.35	4.4	-33.01	34.68	-1.28

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

SEC Filings: 10-K · 10-Q