Financial Statements — EVTL
Balance Sheet
(in millions GBP)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Cash & Equivalents | 61.98 | 66.79 | 89.69 | 157.55 |
| Total Current Assets | 82.10 | 88.54 | 111.12 | 171.71 |
| Total Non-current Assets | 4.91 | 6.26 | 7.65 | 7.88 |
| Total Assets | 87.00 | 94.81 | 118.77 | 179.59 |
| Total Current Liabilities | 257.12 | 18.09 | 15.05 | 16.40 |
| Total Non-current Liabilities | 5.98 | 118.80 | 107.34 | 100.86 |
| Total Liabilities | 263.11 | 136.89 | 122.39 | 117.26 |
| Retained Earnings | (900.61) | (412.37) | (352.65) | (267.06) |
| Total Stockholder Equity | (176.10) | (42.08) | (3.62) | 62.33 |
Income Statement
(in millions GBP) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Total Revenue | -- | -- | -- | 0.07 |
| Cost of Revenue* | -- | -- | -- | 0.03 |
| Gross Profit | -- | -- | -- | 0.04 |
| Research & Development | 11.57 | 31.95 | 27.50 | 19.40 |
| Total Operating Expenses* | -- | -- | -- | 39.50 |
| Operating Income | (23.05) | (19.94) | (35.96) | (39.45) |
| Pretax Income | (147.88) | (23.57) | (11.77) | (17.02) |
| Tax Provision | (3.12) | (6.45) | -- | -- |
| Net Income | (144.76) | (17.12) | (11.77) | (17.02) |
| Basic EPS | (1.76) | (0.09) | (0.06) | (0.10) |
| Diluted EPS | (1.76) | (0.09) | (0.06) | (0.10) |
* Derived from reported values
Cash Flow Statement
(in millions GBP)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Operating Cash Flow | (26.30) | (1.65) | (33.06) | (58.39) |
| Investing Cash Flow | 1.04 | 0.78 | 60.85 | (0.56) |
| Financing Cash Flow | 66.78 | 19.14 | (0.17) | (0.23) |
