Vertical Aerospace posts deep losses amid eVTOL push
10/13/2025, 7:09:33 PM | Great Britain
Aerospace
Vertical Aerospace continues heavy R&D spending and losses while advancing its VX4 eVTOL; cash position and certification will determine the outlook.
Shares of Vertical Aerospace (EVTL) traded up roughly 3% to about $5.48 in recent session, with volume near 1.0M and an intraday range of $5.32–$5.60. Market cap sits around $540M and enterprise value near $816M; the 52‑week range is $2.76–$15.99.
Vertical Aerospace, founded in 2016 and based in Bristol, is developing the VX4 electric vertical takeoff and landing (eVTOL) aircraft for advanced air mobility and employs about 350 people.
Financials remain loss‑heavy. Trailing diluted EPS is –50.37 and net income (ttm) about –$513M; reported total cash is roughly $62M while levered free cash flow shows a positive figure reported at $182M (ttm). Key metrics: EV/EBITDA ~3.4, forward P/E ~6.34, return on assets around –62.7%. Revenue is not material on a trailing basis and profit margins are effectively nil.
Analysts: Canaccord Genuity maintained a Buy rating and a $11 price target on Sept. 22, 2025. An upcoming earnings date is noted for Nov. 4, 2025. The company's near‑term outlook hinges on funding, certification progress, and commercialising the VX4 amid a long negative share‑price run.