BackVela Technologies PLC Overview

Vela Technologies PLC EBIT

Vela Technologies PLC's EBIT is $-860K, below the sector sector average of $2.6T.

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Quarterly EBIT

-$1.46M
↓ 427.9% YoY

As of Mar 31, 2024

Annual EBIT (TTM)

-$861.00K
↓ 420.33% YoY

Trailing 12 months ending Mar 31, 2024

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Vela Technologies PLC (VELA.L) FAQ

The latest EBIT for VELA.L is $-860K as of March 2024. That compares with $-170K in the prior-year period — down 420.3% year over year. That is below the sector sector average of $2.6T. Investors often review this figure alongside Vela Technologies PLC's historical trend and sector peers before judging valuation or financial health.

Over the past year, VELA.L's EBIT moved from $-170K to $-860K — a 420.3% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Vela Technologies PLC's operating scale or balance-sheet position.

Against its sector companies, VELA.L currently prints $-860K for EBIT, while the sector average sits near $2.6T. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Vela Technologies PLC's growth, margins, and balance sheet.

A EBIT figure of $-860K for VELA.L is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $2.6T. Explore the charts below for those layers of context.

After noting VELA.L's EBIT ($-860K), review year-over-year change from $-170K, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.