XML 52 R41.htm IDEA: XBRL DOCUMENT
v3.25.2

Critical accounting judgements and key sources of estimation uncertainty (Details) $ / shares in Units, £ in Thousands, shares in Millions, $ in Millions |  |  | 6 Months Ended |
--- | --- | --- | --- | ---
May 27, 2025 D | Jan. 24, 2025 USD ($) D $ / shares shares | Jun. 30, 2025 GBP (£) | Dec. 31, 2024 $ / shares
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Proceeds from issuing shares | £ |  |  | £ 44,214 |
Share Price |  | $ 5.6 |  |
First half of principal amount | Convertible senior secured notes |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Conversion price (Per share price) |  |  |  | $ 2.75
Tranche A Warrant |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Number of days volume weighted average calculated | D | 10 | 10 |  |
Minimum percentage of warrant exercise price | 103.00% | 103.00% |  |
Warrants expiration period |  | 5 years |  |
Measurement term of share price after public disclosure of successful wing-borne flight to determine warrants expiration | 30 days | 30 days |  |
Exercise price per share |  | $ 6 |  |
Value per warrant |  | $ 2.29 |  |
Tranche B Warrant |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Warrants expiration period |  | 5 years |  |
Exercise price per share |  | $ 7.5 |  |
Value per warrant |  | $ 3.61 |  |
Underwritten public offering |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Number of shares issued | shares |  | 15.0 |  |
Gross Proceeds | $ |  | $ 90 |  |
Proceeds from issuing shares | £ |  |  | £ 44,203 |
Underwritten public offering | Tranche A Warrant |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Number of warrants issued | shares |  | 7.5 |  |
Underwritten public offering | Tranche B Warrant |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Number of warrants issued | shares |  | 7.5 |  |
Maximum | Tranche A Warrant |  |  |  |
Critical accounting judgements and key sources of estimation uncertainty |  |  |  |
Warrants expiration period |  | 5 years |  |

X
- Definition Exercise price per share or per unit of warrants or rights outstanding. + References No definition available. + Details
Name: | evtl_ClassOfWarrantOrRightExercisePriceOfWarrantOrRights
Namespace Prefix: | evtl_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of days volume weighted average calculated. + References No definition available. + Details
Name: | evtl_ClassOfWarrantOrRightNumberOfDaysOfVolumeWeightedAveragePriceUsedForDeterminingExpiryTerm
Namespace Prefix: | evtl_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Minimum percentage of warrant or right exercise price to volume weighted average price of ordinary shares to exceed for determining expiry term of warrants. + References No definition available. + Details
Name: | evtl_ClassOfWarrantOrRightThresholdPercentageOfExercisePriceUsedForDeterminingExpiryTerm
Namespace Prefix: | evtl_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of warrants issued during the period. + References No definition available. + Details
Name: | evtl_ClassOfWarrantOrRightsNumberOfWarrantsIssued
Namespace Prefix: | evtl_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The price per share of the conversion feature embedded in the debt instrument. + References No definition available. + Details
Name: | evtl_IfrsDebtInstrumentConvertibleConversionPrice
Namespace Prefix: | evtl_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Price of a single share of a number of saleable stocks of a company. + References No definition available. + Details
Name: | evtl_IfrsSharePrice
Namespace Prefix: | evtl_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of new stock issued during the period. + References No definition available. + Details
Name: | evtl_IfrsStockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | evtl_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the market value per warrant. + References No definition available. + Details
Name: | evtl_MarketValuePerWarrant
Namespace Prefix: | evtl_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Measurement term of share price after public disclosure of successful wing-borne flight to determine warrants expiration. + References No definition available. + Details
Name: | evtl_MeasurementTermOfSharePriceAfterPublicDisclosureOfSuccessfulWingBorneFlightToDetermineWarrantsExpiration
Namespace Prefix: | evtl_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of cash inflow from the issuance of units which include shares and warrants. + References No definition available. + Details
Name: | evtl_ProceedsFromIssuanceOfUnits
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Warrants expiration period after the Business Combination (De-SPAC merger transaction). + References No definition available. + Details
Name: | evtl_WarrantsExpirationPeriod
Namespace Prefix: | evtl_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash inflow from issuing shares. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 17 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_17_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ProceedsFromIssuingShares
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_StatementScenarioAxis=evtl_FirstHalfOfPrincipalAmountMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=evtl_ConvertibleSeniorSecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | evtl_IfrsClassOfWarrantOrRightAxis=evtl_TrancheWarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | evtl_IfrsClassOfWarrantOrRightAxis=evtl_TrancheBWarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | evtl_IfrsSaleOfStockAxis=evtl_UnderwrittenPublicOfferingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |