Cash flow Velocity Composites plc

Stocks

VEL

GB00BF339H01

Aerospace & Defense

Market Closed - London S.E. 11:35:27 2026-08-28 EDT			5-day change	1st Jan Change
18.50 ^GBX	0.00%		+8.82%	+12.12%

08-14	WINNERS & LOSERS: Mothercare slumps; Cohort rises on deal win	AN
07-23	Castelnau NAV rises; Videndum taps CEO	AN

7cb3878ad681877a8e0e8b8c7fa310d1._3d9m6wyh1EvaYNlxgIdgF_OTUQA4N22SuGZI5U_r7Q.xxQH9s1F_R92L9MQtVV-822BICNTl6fmIa_2GqN2y-acLzWo9lfJJ2ZYwg

Published financial data: VELOCITY COMPOSITES PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Revenues	9.77M	11.96M	16.41M	23.01M	20.7M
Total Revenues	9.77M	11.96M	16.41M	23.01M	20.7M
Cost of Goods Sold, Total	7.23M	9.21M	13.32M	17.04M	14.6M
Gross Profit	2.54M	2.75M	3.09M	5.96M	6.11M
Selling General & Admin Expenses, Total	3.9M	4.06M	5.78M	6.98M	6.97M
Other Operating Expenses	-	-	-	-86K	-148K
Other Operating Expenses, Total	3.9M	4.06M	5.78M	6.89M	6.82M
Operating Income	-1.36M	-1.32M	-2.7M	-931K	-718K
Interest Expense, Total	-182K	-187K	-326K	-413K	-340K
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-182K	-187K	-326K	-413K	-340K
EBT, Excl. Unusual Items	-1.55M	-1.5M	-3.02M	-1.34M	-1.06M
Restructuring Charges	-	-	-	-	-
Other Unusual Items	-	-	-120K	-	-
EBT, Incl. Unusual Items	-1.55M	-1.5M	-3.14M	-1.34M	-1.06M
Income Tax Expense	-340K	-167K	-	-499K	26K
Earnings From Continuing Operations	-1.21M	-1.34M	-3.14M	-845K	-1.08M
Net Income to Company	-1.21M	-1.34M	-3.14M	-845K	-1.08M
Net Income - (IS)	-1.21M	-1.34M	-3.14M	-845K	-1.08M
Net Income to Common Incl Extra Items	-1.21M	-1.34M	-3.14M	-845K	-1.08M
Net Income to Common Excl. Extra Items	-1.21M	-1.34M	-3.14M	-845K	-1.08M
Per Share Items
Net EPS - Basic	-0.03	-0.04	-0.08	-0.02	-0.02
Basic EPS - Continuing Operations	-0.03	-0.04	-0.08	-0.02	-0.02
Basic Weighted Average Shares Outstanding	36.27M	36.37M	39.76M	53.45M	54.16M
Net EPS - Diluted	-0.03	-0.04	-0.08	-0.02	-0.02
Diluted EPS - Continuing Operations	-0.03	-0.04	-0.08	-0.02	-0.02
Diluted Weighted Average Shares Outstanding	36.27M	36.37M	39.76M	53.45M	54.16M
Normalized Basic EPS	-0.03	-0.03	-0.05	-0.02	-0.01
Normalized Diluted EPS	-0.03	-0.03	-0.05	-0.02	-0.01
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-1.14M	-1.11M	-2.4M	-549K	-338K
EBITA	-1.36M	-1.32M	-2.7M	-931K	-718K
EBIT	-1.36M	-1.32M	-2.7M	-931K	-718K
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	21.99	11.1	-	37.13	-2.46
Current Domestic Taxes	-340K	-167K	-	-499K	26K
Total Current Taxes	-340K	-167K	-	-499K	26K
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-966K	-940K	-1.89M	-840K	-661K
Interest on Long-Term Debt	112K	81K	120K	108K	103K
Supplemental Operating Expense Items
General and Administrative Expenses	3.9M	4.06M	5.78M	6.98M	6.97M
Research And Development Expense From Footnotes	76K	53K	116K	240K	310K
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	90K	170K	206K	143K	386K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	90K	170K	206K	143K	386K

Fiscal Period: October	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Assets
Cash And Equivalents	3.48M	2.34M	3.18M	1.66M	392K
Total Cash And Short Term Investments	3.48M	2.34M	3.18M	1.66M	392K
Accounts Receivable, Total	1.88M	2.23M	3.19M	3.35M	2.47M
Other Receivables	360K	11K	95K	228K	120K
Total Receivables	2.24M	2.24M	3.28M	3.58M	2.59M
Inventory	877K	1.41M	2.74M	2.5M	2.1M
Prepaid Expenses	260K	283K	385K	400K	434K
Total Current Assets	6.86M	6.27M	9.59M	8.14M	5.52M
Gross Property Plant And Equipment	5.13M	6.06M	7.68M	8.05M	8.35M
Accumulated Depreciation	-2.4M	-2.7M	-3.46M	-4.37M	-4.64M
Net Property Plant And Equipment	2.74M	3.37M	4.22M	3.68M	3.72M
Deferred Charges Long-Term	91K	173K	890K	987K	1.07M
Total Assets	9.69M	9.81M	14.7M	12.81M	10.3M
Liabilities
Accounts Payable, Total	639K	1.13M	3.79M	3.25M	1.7M
Accrued Expenses, Total	137K	457K	534K	366K	353K
Short-term Borrowings	-	175K	68K	-	-
Current Portion of Long-Term Debt	514K	503K	503K	503K	402K
Current Portion of Leases	309K	405K	487K	561K	703K
Current Income Taxes Payable	268K	267K	184K	316K	429K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	14K	174K	15K	-	108K
Total Current Liabilities	1.88M	3.12M	5.58M	5M	3.7M
Long-Term Debt	2M	1.51M	970K	468K	95K
Long-Term Leases	1.24M	1.79M	1.59M	1.26M	1.19M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	-	-	-	218K	177K
Total Liabilities	5.12M	6.41M	8.13M	6.94M	5.16M
Common Stock, Total	91K	91K	133K	134K	137K
Additional Paid In Capital	9.73M	9.73M	4.87M	4.87M	4.89M
Retained Earnings	-5.79M	-7.1M	1.09M	345K	-409K
Comprehensive Income and Other	539K	684K	478K	517K	522K
Total Common Equity	4.57M	3.4M	6.57M	5.87M	5.14M
Total Equity	4.57M	3.4M	6.57M	5.87M	5.14M
Total Liabilities And Equity	9.69M	9.81M	14.7M	12.81M	10.3M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	36.3M	36.46M	53.39M	53.51M	54.67M
ECS Total Common Shares Outstanding	36.3M	36.46M	53.39M	53.51M	54.67M
Book Value / Share	0.13	0.09	0.12	0.11	0.09
Tangible Book Value	4.57M	3.4M	6.57M	5.87M	5.14M
Tangible Book Value Per Share	0.13	0.09	0.12	0.11	0.09
Total Debt	4.06M	4.38M	3.62M	2.79M	2.39M
Net Debt	585K	2.04M	437K	1.13M	2M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	541K	1.11M	1.83M	1.7M	1.7M
Inventories - Finished Goods, Total	336K	293K	913K	802K	394K
Machinery, Total	2.33M	2.33M	3.26M	3.38M	2.91M
Full Time Employees	75	79	102	102	101

Fiscal Period: October	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Net Income	-1.21M	-1.34M	-3.14M	-845K	-1.08M
Depreciation & Amortization - CF	650K	642K	769K	922K	1.01M
Depreciation & Amortization, Total	650K	642K	769K	922K	1.01M
Amortization of Deferred Charges, Total - (CF)	76K	53K	116K	240K	310K
(Gain) Loss From Sale Of Asset	-13K	-38K	-4K	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	90K	170K	206K	143K	386K
Other Operating Activities, Total	-159K	530K	326K	283K	333K
Change In Accounts Receivable	302K	-359K	-1.15M	-180K	933K
Change In Inventories	1.03M	-530K	-1.34M	243K	401K
Change In Accounts Payable	-446K	1.15M	2.38M	-654K	-1.34M
Change in Other Net Operating Assets	-	-	-	218K	38K
Cash from Operations	325K	280K	-1.83M	370K	990K
Capital Expenditure	-64K	-262K	-1.29M	-212K	-334K
Sale of Property, Plant, and Equipment	13K	42K	4K	-	14K
Sale (Purchase) of Intangible assets	-	-136K	-833K	-372K	-409K
Cash from Investing	-51K	-356K	-2.12M	-584K	-729K
Long-Term Debt Issued, Total	634K	-	-	-	-
Total Debt Issued	634K	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-519K	-869K	-991K	-999K	-1.16M
Total Debt Repaid	-519K	-869K	-991K	-999K	-1.16M
Issuance of Common Stock	-	-	6.59M	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-181K	-187K	-811K	-413K	-340K
Cash from Financing	-66K	-1.06M	4.79M	-1.41M	-1.5M
Foreign Exchange Rate Adjustments	-	-	-	111K	-34K
Net Change in Cash	208K	-1.13M	834K	-1.52M	-1.27M
Supplemental Items
Cash Interest Paid	70K	187K	326K	413K	340K
Cash Income Tax Paid (Refund)	-	-510K	-	-398K	-130K
Levered Free Cash Flow	332K	-47K	-2.92M	-772K	318K
Unlevered Free Cash Flow	446K	69.88K	-2.72M	-514K	530K
Change In Net Working Capital	-546K	-426K	-5K	653K	-14K
Net Debt Issued / Repaid	115K	-869K	-991K	-999K	-1.16M

Fiscal Period: October	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Profitability
Return on Assets	-8.38	-8.44	-13.75	-4.23	-3.88
Return on Total Capital	-9.59	-10.03	-18.77	-6.18	-5.54
Return On Equity %	-23.53	-33.56	-63.06	-13.59	-19.7
Return on Common Equity	-23.53	-33.56	-63.06	-13.59	-19.7
Margin Analysis
Gross Profit Margin %	26	22.96	18.8	25.91	29.5
SG&A Margin	39.96	33.97	35.24	30.33	33.68
EBITDA Margin %	-11.62	-9.26	-14.62	-2.39	-1.63
EBITA Margin %	-13.97	-11.01	-16.43	-4.05	-3.47
EBIT Margin %	-13.97	-11.01	-16.43	-4.05	-3.47
Income From Continuing Operations Margin %	-12.35	-11.18	-19.15	-3.67	-5.24
Net Income Margin %	-12.35	-11.18	-19.15	-3.67	-5.24
Net Avail. For Common Margin %	-12.35	-11.18	-19.15	-3.67	-5.24
Normalized Net Income Margin	-9.89	-7.86	-11.51	-3.65	-3.19
Levered Free Cash Flow Margin	3.4	-0.39	-17.79	-3.36	1.53
Unlevered Free Cash Flow Margin	4.56	0.58	-16.55	-2.23	2.56
Asset Turnover
Asset Turnover	0.96	1.23	1.34	1.67	1.79
Fixed Assets Turnover	3.5	3.92	4.32	5.82	5.6
Receivables Turnover (Average Receivables)	5.09	5.82	6.06	7.04	7.11
Inventory Turnover (Average Inventory)	5.19	8.07	6.42	6.5	6.35
Short Term Liquidity
Current Ratio	3.64	2.01	1.72	1.63	1.49
Quick Ratio	3.04	1.47	1.16	1.05	0.81
Operating Cash Flow to Current Liabilities	0.17	0.09	-0.33	0.07	0.27
Days Sales Outstanding (Average Receivables)	71.7	62.72	60.21	51.99	51.31
Days Outstanding Inventory (Average Inventory)	70.32	45.24	56.84	56.29	57.51
Average Days Payable Outstanding	33.16	33.21	61.24	76.64	63.71
Cash Conversion Cycle (Average Days)	108.85	74.75	55.8	31.64	45.11
Long Term Solvency
Total Debt/Equity	88.92	128.85	55.04	47.56	46.53
Total Debt / Total Capital	47.07	56.3	35.5	32.23	31.75
LT Debt/Equity	70.9	97	38.93	29.42	25.03
Long-Term Debt / Total Capital	37.53	42.39	25.11	19.94	17.08
Total Liabilities / Total Assets	52.85	65.35	55.33	54.2	50.11
EBIT / Interest Expense	-7.49	-7.04	-8.27	-2.25	-2.11
EBITDA / Interest Expense	-3.92	-3.61	-5.91	-0.02	0.86
(EBITDA - Capex) / Interest Expense	-4.27	-5.01	-9.88	-0.54	-0.12
Total Debt / EBITDA	-5.69	-6.49	-1.88	-310	8.14
Net Debt / EBITDA	-0.82	-3.02	-0.23	-125.22	6.8
Total Debt / (EBITDA - Capex)	-5.22	-4.68	-1.12	-12.62	-59.8
Net Debt / (EBITDA - Capex)	-0.75	-2.17	-0.14	-5.1	-50
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-27.98	22.44	37.23	40.19	-10.02
Gross Profit, 1 Yr. Growth %	9.25	8.15	12.38	93.16	2.43
EBITDA, 1 Yr. Growth %	-56.09	-2.47	116.8	-77.12	-38.43
EBITA, 1 Yr. Growth %	-51.42	-3.45	104.78	-65.48	-22.88
EBIT, 1 Yr. Growth %	-51.42	-3.45	104.78	-65.48	-22.88
Earnings From Cont. Operations, 1 Yr. Growth %	-61.47	10.86	135.08	-73.11	28.28
Net Income, 1 Yr. Growth %	-61.47	10.86	135.08	-73.11	28.28
Normalized Net Income, 1 Yr. Growth %	-46.8	-2.72	101	-55.54	-21.28
Diluted EPS Before Extra, 1 Yr. Growth %	-61.76	20.3	100	-80.68	26.62
Accounts Receivable, 1 Yr. Growth %	-3.63	18.27	43.11	5.08	-26.22
Inventory, 1 Yr. Growth %	-54.04	60.43	94.95	-8.86	-16.04
Net Property, Plant and Equip., 1 Yr. Growth %	-3.89	22.96	25.42	-12.88	0.98
Total Assets, 1 Yr. Growth %	-9.11	1.31	49.82	-12.89	-19.54
Tangible Book Value, 1 Yr. Growth %	-19.62	-25.55	93.18	-10.69	-12.36
Common Equity, 1 Yr. Growth %	-19.62	-25.55	93.18	-10.69	-12.36
Cash From Operations, 1 Yr. Growth %	-138.78	-13.85	-754.29	-120.2	167.57
Capital Expenditures, 1 Yr. Growth %	-91.82	309.38	393.51	-83.6	57.55
Levered Free Cash Flow, 1 Yr. Growth %	-164.21	-114.17	6.11K	-73.56	-141.16
Unlevered Free Cash Flow, 1 Yr. Growth %	-198.78	-84.32	-3.99K	-81.08	-203.19
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-36.62	-6.09	29.62	38.7	12.31
Gross Profit, 2 Yr. CAGR %	-30.58	8.7	10.25	47.34	40.66
EBITDA, 2 Yr. CAGR %	65.78	-34.56	45.41	-29.58	-62.47
EBITA, 2 Yr. CAGR %	273.07	-31.52	40.62	-15.92	-48.4
EBIT, 2 Yr. CAGR %	273.07	-31.52	40.62	-15.92	-48.4
Earnings From Cont. Operations, 2 Yr. CAGR %	37.7	-34.64	61.44	-20.5	-41.27
Net Income, 2 Yr. CAGR %	37.7	-34.64	61.44	-20.5	-41.27
Normalized Net Income, 2 Yr. CAGR %	521.69	-28.06	39.83	-5.47	-40.84
Diluted EPS Before Extra, 2 Yr. CAGR %	28.94	-32.18	55.12	-37.14	-50.54
Accounts Receivable, 2 Yr. CAGR %	-27.75	6.76	30.1	22.63	-11.95
Inventory, 2 Yr. CAGR %	-47.46	-14.13	76.85	33.3	-12.52
Net Property, Plant and Equip., 2 Yr. CAGR %	60.67	8.71	24.18	4.53	-6.21
Total Assets, 2 Yr. CAGR %	-10.91	-4.04	23.2	14.24	-16.28
Tangible Book Value, 2 Yr. CAGR %	-27.51	-22.64	19.92	31.35	-11.53
Common Equity, 2 Yr. CAGR %	-27.51	-22.64	19.92	31.35	-11.53
Cash From Operations, 2 Yr. CAGR %	11.8	-42.2	137.42	14.95	-26.49
Capital Expenditures, 2 Yr. CAGR %	-35.95	-42.12	349.48	-10.05	-49.18
Levered Free Cash Flow, 2 Yr. CAGR %	108.08	-69.84	196.65	305.28	-67.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	87.11	-60.64	146.89	171.19	-55.81
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-26.38	-21.07	6.56	33.05	20.07
Gross Profit, 3 Yr. CAGR %	-17.29	-19.53	9.91	32.91	30.52
EBITDA, 3 Yr. CAGR %	30.22	38.91	-2.44	-21.5	-32.66
EBITA, 3 Yr. CAGR %	18.49	137.75	-1.34	-11.95	-18.31
EBIT, 3 Yr. CAGR %	18.49	137.75	-1.34	-11.95	-18.31
Earnings From Cont. Operations, 3 Yr. CAGR %	6.66	28.1	0.14	-11.18	-6.75
Net Income, 3 Yr. CAGR %	6.66	28.1	0.14	-11.18	-6.75
Normalized Net Income, 3 Yr. CAGR %	17.42	235.01	1.32	-4.56	-11.06
Diluted EPS Before Extra, 3 Yr. CAGR %	3.49	25.99	-2.74	-21.95	-20.61
Accounts Receivable, 3 Yr. CAGR %	-28.53	-14.85	17.71	21.16	3.53
Inventory, 3 Yr. CAGR %	-31.63	-23.78	12.86	41.79	14.26
Net Property, Plant and Equip., 3 Yr. CAGR %	36.37	46.97	14.01	10.34	3.33
Total Assets, 3 Yr. CAGR %	-13.08	-7.01	11.32	9.76	1.64
Tangible Book Value, 3 Yr. CAGR %	-20.99	-26.86	4.95	8.7	14.78
Common Equity, 3 Yr. CAGR %	-20.99	-26.86	4.95	8.7	14.78
Cash From Operations, 3 Yr. CAGR %	-13.72	2.5	29.79	4.42	52.34
Capital Expenditures, 3 Yr. CAGR %	-33.74	18.87	18.25	49.07	8.43
Levered Free Cash Flow, 3 Yr. CAGR %	-11.82	-15.03	78.12	32.52	89.09
Unlevered Free Cash Flow, 3 Yr. CAGR %	-7.79	-18.11	81.93	4.87	96.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-7.74	-10.96	-7.69	-1.1	8.83
Gross Profit, 5 Yr. CAGR %	-6.11	-6.92	-7.21	2.5	21.31
EBITDA, 5 Yr. CAGR %	148.41	8.57	36.1	5.86	-33.43
EBITA, 5 Yr. CAGR %	38.36	22.83	26.89	56.87	-23.87
EBIT, 5 Yr. CAGR %	38.36	22.83	26.89	56.87	-23.87
Earnings From Cont. Operations, 5 Yr. CAGR %	34.5	13.82	25.89	5.85	-19.11
Net Income, 5 Yr. CAGR %	34.5	13.82	25.89	5.85	-19.11
Normalized Net Income, 5 Yr. CAGR %	34.21	37.68	25.92	101.96	-18.3
Diluted EPS Before Extra, 5 Yr. CAGR %	19.49	10.15	21.67	-4.6	-25.46
Accounts Receivable, 5 Yr. CAGR %	-6.29	-13.68	-9.18	-1.47	4.81
Inventory, 5 Yr. CAGR %	-17.86	-15.5	-0.01	-4.68	1.93
Net Property, Plant and Equip., 5 Yr. CAGR %	28.79	25.47	31.36	28.24	5.45
Total Assets, 5 Yr. CAGR %	9.59	-9.57	-0.07	0.97	-0.67
Tangible Book Value, 5 Yr. CAGR %	49.92	-19.55	-6.64	-7.56	-1.98
Common Equity, 5 Yr. CAGR %	49.92	-19.55	-6.64	-7.56	-1.98
Cash From Operations, 5 Yr. CAGR %	-29.01	-35.14	29.35	7.31	3.39
Capital Expenditures, 5 Yr. CAGR %	-11.81	-0.67	42.51	6.33	-15.65
Levered Free Cash Flow, 5 Yr. CAGR %	-29.51	-54.43	43.26	58.73	-9.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	-24.8	-50.22	36.73	32.2	3.29