Velocity Composites (VEL)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

26.27p
   
  • Change Today:
      0.27p
  • 52 Week High: 45.20
  • 52 Week Low: 25.04
  • Currency: UK Pounds
  • Shares Issued: 53.51m
  • Volume: 70,485
  • Market Cap: £14.06m
  • RiskGrade: 402

VEL Overview

Velocity Composites manufactures advanced carbon fibre and ancillary material kits for use in the production of aircraft. The Company uses its process knowledge, business processes and proprietary software to reduce the amount of material required by its customers and also reduce the associated material waste when making aircraft parts. In turn, this reduces the aircraft manufacturer’s costs, with the kits delivered on time and in the required form to allow its customers to more readily meet the significant increases in build rates.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 0.0% 0.0%
Div Cover n/a n/a
Op Mrgn -17.2% -4.8%
ROCE n/a  
Latest F'cast
P/E n/a n/a
PEG n/a n/a
Pr/Revenue 0.8 0.6
Pr/Book 2.1  
Latest F'cast
Revenue 37.2% 38.9%
PBT n/a n/a
EPS n/a n/a
DPS n/a n/a

VEL Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Oct-19 24.32 (0.65) (2.00)p n/a n/a n/a n/a 0.0%
31-Oct-20 13.56 (3.25) (8.00)p n/a n/a n/a n/a 0.0%
31-Oct-21 9.77 (1.55) (3.00)p n/a n/a n/a n/a 0.0%
31-Oct-22 11.96 (1.50) (4.00)p n/a n/a n/a n/a 0.0%
31-Oct-23 16.41 (3.14) (8.00)p n/a n/a n/a n/a 0.0%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

VEL Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Oct-24 22.80 (1.10) (2.60)p n/a n/a n/a n/a 0.0%
31-Oct-25 27.00 0.40 n/a n/a n/a n/a n/a 0.0%

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VEL Company Announcements

Total Voting Rights 01-Nov-2024 07:00 RNS
Director/PDMR Shareholding 07-Oct-2024 07:00 RNS
Exercise of Share Options and Issue of Equity 26-Sep-2024 17:48 RNS

Latest VEL Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

VEL Market Data

Currency UK Pounds
Share Price 26.27p
Change Today 0.27p
% Change 1.05 %
52 Week High 45.20
52 Week Low 25.04
Volume 70,485
Shares Issued 53.51m
Market Cap £14.06m
RiskGrade 402

VEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.43% below the market average34.43% below the market average34.43% below the market average34.43% below the market average34.43% below the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Price Trend
21.39% below the market average21.39% below the market average21.39% below the market average21.39% below the market average21.39% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Income Not Available
Growth
25.11% above the market average25.11% above the market average25.11% above the market average25.11% above the market average25.11% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

VEL Dividends

No dividends found

Trades for 01-Nov-2024

Time Volume / Share Price
14:23 10,000 @ 25.04p
14:13 10,485 @ 25.75p
08:07 50,000 @ 25.75p

VEL Key Personnel

CFO Robert Smith

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