Vertical Aerospace Ltd
NYSE:EVTL
Income Statement
Earnings Waterfall
Vertical Aerospace Ltd
Income Statement
Vertical Aerospace Ltd
| Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Sep-2023 | Dec-2023 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Interest Expense |
0
|
0
|
0
|
8
|
12
|
16
|
13
|
13
|
17
|
16
|
15
|
13
|
|
| Revenue |
0
N/A
|
0
-46%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
0
N/A
|
0
-57%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(277)
|
(295)
|
(98)
|
(95)
|
(117)
|
(102)
|
(136)
|
(109)
|
(84)
|
(138)
|
(112)
|
(119)
|
|
| Selling, General & Administrative |
(264)
|
(280)
|
(54)
|
(55)
|
(64)
|
(38)
|
(44)
|
(45)
|
(37)
|
(61)
|
(54)
|
(55)
|
|
| Research & Development |
(24)
|
(36)
|
(49)
|
(57)
|
(73)
|
(65)
|
(85)
|
(83)
|
0
|
(84)
|
(64)
|
(69)
|
|
| Depreciation & Amortization |
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
|
| Other Operating Expenses |
11
|
22
|
6
|
18
|
22
|
4
|
(3)
|
23
|
(44)
|
11
|
8
|
8
|
|
| Operating Income |
(277)
N/A
|
(295)
-6%
|
(98)
+67%
|
(95)
+4%
|
(117)
-23%
|
(102)
+13%
|
(136)
-33%
|
(109)
+20%
|
(84)
+23%
|
(138)
-65%
|
(112)
+19%
|
(119)
-6%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
32
|
55
|
4
|
5
|
(3)
|
19
|
(17)
|
(18)
|
0
|
(722)
|
(703)
|
(702)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
28
|
0
|
23
|
27
|
(2)
|
(2)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(720)
|
399
|
258
|
318
|
|
| Pre-Tax Income |
(245)
N/A
|
(240)
+2%
|
(94)
+61%
|
(89)
+6%
|
(119)
-34%
|
(83)
+31%
|
(125)
-51%
|
(127)
-2%
|
(781)
-516%
|
(435)
+44%
|
(559)
-28%
|
(505)
+10%
|
|
| Net Income | |||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
23
|
29
|
33
|
(0)
|
20
|
17
|
16
|
|
| Income from Continuing Operations |
(245)
|
(240)
|
(94)
|
(89)
|
(119)
|
(60)
|
(95)
|
(94)
|
(781)
|
(414)
|
(542)
|
(489)
|
|
| Net Income (Common) |
(245)
N/A
|
(240)
+2%
|
(94)
+61%
|
(89)
+6%
|
(119)
-34%
|
(60)
+50%
|
(95)
-59%
|
(94)
+1%
|
(781)
-729%
|
(414)
+47%
|
(542)
-31%
|
(489)
+10%
|
|
| EPS (Diluted) |
-1.17
N/A
|
-1.34
-15%
|
-0.53
+60%
|
-0.49
+8%
|
-0.62
-27%
|
-3.13
-405%
|
-5.01
-60%
|
-4.95
+1%
|
-39.04
-689%
|
-3.6
+91%
|
-6.58
-83%
|
-3.61
+45%
|
|