Vertical Aerospace Ltd. (EVTL)

Vertical Aerospace Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	232.93	-781.24	-59.95	-94.38	-245.22
Depreciation & Amortization	1.96	2.7	2.71	2.18	0.94
Stock-Based Compensation	9.67	7.49	8.82	23.19	213.22
Other Adjustments	-360.37	719.27	-42	-1.7	-31.16
Change in Receivables	5.47	-7.77	3.79	-6.21	-9.13
Changes in Accounts Payable	13.88	-2.58	0.61	-26.8	43.8
Changes in Income Taxes Payable	13.7	15.84	11.32	-	-
Operating Cash Flow	-82.76	-46.29	-74.7	-103.71	-27.55
Capital Expenditures	-0.29	-0.43	-2.1	-1.44	-0.79
Purchases of Intangible Assets	-	-	-0.16	-0.57	-2.57
Purchases of Investments	-	-	59.67	-59.25	-
Other Investing Activities	2.9	2.16	3.97	-1.7	0
Investing Cash Flow	2.61	1.73	61.38	-62.96	-3.35
Long-Term Debt Issued	-	-	-	-	169.93
Long-Term Debt Repaid	-	-	-	-	-0.74
Net Long-Term Debt Issued (Repaid)	-	-	-	-	169.19
Issuance of Common Stock	111.51	15.63	0.84	7.73	71.04
Net Common Stock Issued (Repurchased)	111.51	15.63	0.84	7.73	71.04
Other Financing Activities	16.3	3.14	-0.67	-0.48	4.49
Financing Cash Flow	127.82	18.77	0.17	7.25	244.71
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.13	-0.33	-1.1	9.69	-1.99
Net Cash Flow	47.66	-25.79	-13.15	-159.42	213.81
Free Cash Flow	-83.05	-46.72	-76.8	-105.15	-28.34
FCF Margin	-	-	-	-	-21469.70%
Free Cash Flow Per Share	-0.65	-2.30	-4.02	-5.86	-2.28
Levered Free Cash Flow	262.18	-765.71	-47.41	-120.43	-32.08
Unlevered Free Cash Flow	-117.28	-45.64	-61.44	-124.16	-233.29

Updated Mar 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q