VERTICAL AEROSPCE A WTS (EVAWF) Financials
Newest figures come from the 10-K for FY2025, filed Mar 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EVAWF SEC filings page.
This page shows VERTICAL AEROSPCE A WTS (EVAWF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
VERTICAL AEROSPCE A WTS does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
VERTICAL AEROSPCE A WTS passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 3 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, VERTICAL AEROSPCE A WTS used $0.36 of operating cash (-$111.3M OCF vs $313.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
VERTICAL AEROSPCE A WTS reported an operating loss of $171.4M against $258K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
VERTICAL AEROSPCE A WTS's EBITDA was -$169.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
VERTICAL AEROSPCE A WTS reported $313.2M in net income in fiscal year 2025.
VERTICAL AEROSPCE A WTS earned -$0.77 per diluted share (EPS) in fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
VERTICAL AEROSPCE A WTS recorded an outflow of $111.7M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
VERTICAL AEROSPCE A WTS held $92.9M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
VERTICAL AEROSPCE A WTS invested $96.8M in research and development in fiscal year 2025. This represents an increase of 29.1% from the prior year.
VERTICAL AEROSPCE A WTS invested $390K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 27.2% from the prior year.
Not reported for fiscal year 2025.
EVAWF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K |
|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | $178K+49.9% | $119K+28.0% | $93K |
| Cost of Revenue | N/A | N/A | N/A | N/A | $86K+43.7% | $60K-31.4% | $88K |
| Gross Profit | N/A | N/A | N/A | N/A | $92K+56.3% | $59K+1006.8% | $5K |
| R&D Expenses | $96.8M+29.1% | $75.0M-10.0% | $83.3M+40.4% | $59.3M+80.9% | $32.8M+140.7% | $13.6M+99.2% | $6.8M |
| Operating Income | -$171.4Mn/m | -$76.6Mn/m | -$129.9Mn/m | -$118.5Mn/m | -$374.3Mn/m | -$15.7Mn/m | -$9.9M |
| EBITDA | -$169.9Mn/m | -$74.1Mn/m | -$127.3Mn/m | -$116.3Mn/m | -$373.2Mn/m | -$15.0Mn/m | -$9.7M |
| Interest Expense | $258K+32.2% | $195K-99.1% | $21.0M-39.0% | $34.4M+4333.1% | $776K-29.6% | $1.1M+1158.9% | $88K |
| Income Tax | -$40.8M-72510.9% | $56Kn/m | -$28.9M | N/A | N/A | $5Kn/m | -$40K |
| Net Income | $313.2M | N/A | -$76.4Mn/m | -$114.0Mn/m | -$331.1Mn/m | -$16.8Mn/m | -$9.9M |
| EPS (Basic) | $3.54 | -$48.16 | -$3.99n/m | -$6.35 | -$2.67n/m | -$0.16n/m | -$0.09 |
| EPS (Diluted) | -$0.77 | -$48.16 | -$3.99n/m | -$6.35 | -$2.67n/m | -$0.16n/m | -$0.09 |
| Diluted Shares (Avg) | 127M | 20M | 19M+6.6% | 18M | 124M+24.2% | 100M0.0% | 100M |
Not reported in any period shown, so not listed: SG&A Expenses.
EVAWF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $141.4M+136.6% | $59.8M-44.2% | $107.1M-41.3% | $182.6M-42.0% | $315.0M+2495.0% | $12.1M | N/A |
| Current Assets | $134.2M+151.8% | $53.3M-45.6% | $97.9M-43.5% | $173.2M-43.1% | $304.2M+4993.7% | $6.0M | N/A |
| Cash & Equivalents | $92.9M+228.9% | $28.2M-54.5% | $62.0M-18.4% | $76.0M-73.5% | $287.1M+24946.3% | $1.1M-16.0% | $1.4M |
| Accounts Receivable | $39.6M+72.9% | $22.9M-31.9% | $33.7M+47.7% | $22.8M+33.3% | $17.1M+254.1% | $4.8M | N/A |
| Goodwill | N/A | N/A | $1.3M-47.6% | $2.5M-56.5% | $5.7M+104.8% | $2.8M | N/A |
| Total Liabilities | $304.7M-55.5% | $685.0M+301.6% | $170.6M-1.9% | $173.8M-25.0% | $231.9M+1627.9% | $13.4M | N/A |
| Current Liabilities | $300.1M-55.7% | $677.2M+316.1% | $162.7M-1.5% | $165.2M+138.4% | $69.3M+470.5% | $12.1M | N/A |
| Non-Current Liabilities | $4.6M-40.6% | $7.8M-0.5% | $7.8M-9.3% | $8.7M-94.7% | $162.6M+12643.1% | $1.3M | N/A |
| Total Equity | -$163.3Mn/m | -$625.2Mn/m | -$63.4M-817.7% | $8.8M-89.4% | $83.1Mn/m | -$1.3M-123.2% | $5.5M |
| Retained Earnings | -$1.2Bn/m | -$1.4Bn/m | -$502.4Mn/m | -$416.4Mn/m | -$337.7Mn/m | -$6.9M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Long-Term Debt.
EVAWF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$111.3Mn/m | -$58.0Mn/m | -$95.2Mn/m | -$125.3Mn/m | -$37.2Mn/m | -$16.4Mn/m | -$9.7M |
| Depreciation & Amortization | $1.5M-40.3% | $2.5M-5.7% | $2.6M+22.4% | $2.1M+107.2% | $1.0M+39.5% | $740K+251.0% | $211K |
| Capital Expenditures | $390K-27.2% | $536K-80.0% | $2.7M+54.5% | $1.7M+62.6% | $1.1M+403.6% | $212K-89.5% | $2.0M |
| Free Cash Flow | -$111.7Mn/m | -$58.5Mn/m | -$97.9Mn/m | -$127.0Mn/m | -$38.3Mn/m | -$16.6Mn/m | -$11.7M |
| Investing Cash Flow | $3.5M+61.6% | $2.2M-97.2% | $78.2Mn/m | -$76.0Mn/m | -$4.5Mn/m | -$940Kn/m | -$3.8M |
| Financing Cash Flow | $171.9M+631.5% | $23.5M+10810.1% | $215K-97.5% | $8.8M-97.3% | $330.4M+1832.9% | $17.1M+18.5% | $14.4M |
| Share Buybacks | N/A | $1.0M | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
EVAWF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K |
|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | 51.5%+2.1pp | 49.4%+43.7pp | 5.7% |
| Operating Margin | N/A | N/A | N/A | N/A | -210029.5% | -13235.6% | -10640.0% |
| Net Margin | N/A | N/A | N/A | N/A | -185775.8% | -14167.8% | -10691.4% |
| Return on Equity | N/A | N/A | N/A | -1289.6%-891.3pp | -398.3% | N/A | -179.8% |
| Return on Assets | 221.5% | N/A | -71.3%-8.9pp | -62.4%+42.7pp | -105.1%+33.6pp | -138.7% | N/A |
| Current Ratio | 0.45+0.4x | 0.08-0.5x | 0.60-0.4x | 1.05-3.3x | 4.39+3.9x | 0.49 | N/A |
| Liabilities-to-Equity | N/A | N/A | N/A | 19.67+16.9x | 2.79 | N/A | N/A |
| Asset Turnover | N/A | N/A | N/A | N/A | 0.000.0x | 0.01 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | -21469.7% | -13985.1% | -12585.7% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$163.3M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.45), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where VERTICAL AEROSPCE A WTS Ranks
Frequently Asked Questions
Is VERTICAL AEROSPCE A WTS profitable?
Yes, VERTICAL AEROSPCE A WTS (EVAWF) reported a net income of $313.2M in fiscal year 2025.
What is VERTICAL AEROSPCE A WTS's EBITDA?
VERTICAL AEROSPCE A WTS (EVAWF) had EBITDA of -$169.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is VERTICAL AEROSPCE A WTS's free cash flow?
VERTICAL AEROSPCE A WTS (EVAWF) recorded an outflow of $111.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is VERTICAL AEROSPCE A WTS's operating cash flow?
VERTICAL AEROSPCE A WTS (EVAWF) recorded an outflow of $111.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are VERTICAL AEROSPCE A WTS's total assets?
VERTICAL AEROSPCE A WTS (EVAWF) had $141.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are VERTICAL AEROSPCE A WTS's capital expenditures?
VERTICAL AEROSPCE A WTS (EVAWF) invested $390K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does VERTICAL AEROSPCE A WTS spend on research and development?
VERTICAL AEROSPCE A WTS (EVAWF) invested $96.8M in research and development during fiscal year 2025.
What is VERTICAL AEROSPCE A WTS's current ratio?
VERTICAL AEROSPCE A WTS (EVAWF) had a current ratio of 0.45 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is VERTICAL AEROSPCE A WTS's return on assets (ROA)?
VERTICAL AEROSPCE A WTS (EVAWF) had a return on assets of 221.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is VERTICAL AEROSPCE A WTS's debt-to-equity ratio negative or not reported?
VERTICAL AEROSPCE A WTS (EVAWF) has negative shareholder equity of -$163.3M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is VERTICAL AEROSPCE A WTS's Piotroski F-Score?
VERTICAL AEROSPCE A WTS (EVAWF) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are VERTICAL AEROSPCE A WTS's earnings high quality?
For every $1 of reported earnings, VERTICAL AEROSPCE A WTS (EVAWF) used $0.36 of operating cash (-$111.3M OCF vs $313.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can VERTICAL AEROSPCE A WTS cover its interest payments?
VERTICAL AEROSPCE A WTS (EVAWF) reported an operating loss of $171.4M against $258K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.