Vertical Aerospace Ltd.

EVTL

KYG9471C1078

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
0.801 ^USD	+3.49%		+11.25%	+16.42%

Mar. 14	Vertical Aerospace Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 21	Canaccord Genuity Upgrades Vertical Aerospace to Buy From Hold, Price Target is $1.50	MT

Vertical Aerospace Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 17, 2023 at 04:00 pm EST

Vertical Aerospace Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was GBP 30.07 million compared to GBP 117.9 million a year ago. Basic loss per share from continuing operations was GBP 0.16 compared to GBP 0.66 a year ago.
For the nine months, net loss was GBP 41.84 million compared to GBP 134.92 million a year ago. Basic loss per share from continuing operations was GBP 0.22 compared to GBP 0.76 a year ago.

Latest news about Vertical Aerospace Ltd.

Vertical Aerospace Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Canaccord Genuity Upgrades Vertical Aerospace to Buy From Hold, Price Target is $1.50	Feb. 21	MT
Dwindling Rate Cut Hopes Push Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday	Feb. 20	MT
Vertical Aerospace Receives £8 Million ($10 Million) in Grant Funding by the UK Government	Feb. 20	CI
Vertical Aerospace Receives $10 Million UK Grant for Propellers	Feb. 20	MT
Vertical Aerospace Ltd. Wins New Uk Government Backing to Transform the Future of Flight	Feb. 20	CI
UK regulator looking at designs for flying taxi airports	Jan. 24	RE
Vertical Aerospace Receives $50 Million Additional Investment From Chief Executive Officer; Shares Gain	Jan. 22	MT
Air-taxi maker Vertical Aerospace gets $50 million equity injection from founder	Jan. 22	RE
Vertical Aerospace Ltd. announced that it expects to receive $50 million in funding	Jan. 21	CI
Vertical Aerospace Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 17	CI
Britain's Vertical Aerospace Awards Hanwha Aerospace with 236 Billion Won Parts Supply Contract	23-10-20	MT
Vertical Aerospace's VX4 Programme Moves to the Next Phase	23-08-31	CI
Vertical Aerospace Ltd. Announces Resignation of Vincent Casey as Director	23-08-03	CI
Vertical Aerospace Ltd Announces Resignation of Dómhnal Slattery as Directorate	23-08-03	CI
Vertical Aerospace Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-03	CI
Predator Oil plans fundraise for rigless testing work	23-07-31	AN
Equipmake Holdings' Advanced Electric Propulsion Unit Used in Successful Test by Vertical Aerospace	23-07-31	MT
Vertical Aerospace Ltd. Provides Flight Test Program Update	23-07-19	CI
Vertical Aerospace Ltd. Appoints Stuart Simpson Designated as Principal Financial Officer and Principal Accounting Officer, Effect from September 11, 2023	23-07-05	CI
Vertical Aerospace Ltd. Appoints Stuart Simpson as Chief Financial Officer, Effect on September 11, 2023	23-07-05	CI
Joby receives FAA nod to begin flight testing of its first built aircraft	23-06-28	RE
Canaccord Genuity Starts Vertical Aerospace at Hold With $2 Price Target	23-06-09	MT
Vertical Aerospace Secures Pre-Order of 50 VX4 Aircraft From South Korea's Kakao Mobility	23-05-22	MT
Vertical Aerospace Ltd. Appoints John Maloney as Interim Principal Financial Officer and Interim Principal Accounting Officer	23-05-16	CI

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Company Profile

Vertical Aerospace Ltd. is a United Kingdom-based global aerospace and technology company. The Company is focused on designing, manufacturing and selling a zero-operating emission eVTOL aircraft for use in the advanced air mobility (AAM) market. It is developing, and is progressing towards the certification of, its flagship eVTOL, the VX4, which has undergone the first stages of its flight test campaign. It is targeting the VX4 to be capable of transporting a pilot and up to four passengers, traveling distances of up to 100 miles, and achieving cruise speeds of approximately 150 miles per hour, while producing minimal noise and zero operating emissions. It aims to sell globally certified eVTOL aircraft to a variety of customers, including commercial airlines, aircraft leasing companies, business aviation, existing helicopter operators as well as new operators in the AAM market, providing both original equipment manufacturers (OEM) sales and aftermarket services to its customers.

Sector

Aerospace & Defense

Calendar

2024-04-30 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.6431 GBP

Average target price

0.851 GBP

Spread / Average Target

+32.33%

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Annual profits - Rate of surprise

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