Vela Technologies (LSE:VELA) Other Income (Expense) : £0.66 Mil (TTM As of Sep. 2023)

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What is Vela Technologies Other Income (Expense)?

Vela Technologies's other income expense for the Vela Technologies's pretax income for the six months ended in Sep. 2023 was £0.68 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2023 was £0.66 Mil.

Vela Technologies Other Income (Expense) Historical Data

The historical data trend for Vela Technologies's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vela Technologies Other Income (Expense) Chart

Vela Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Other Income (Expense)

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-1.19

-0.98

0.80

-0.08

0.01

Vela Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Other Income (Expense)	Get a 7-Day Free Trial															-0.38	0.30	0.03	-0.02	0.68

Vela Technologies Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.66 Mil.

Vela Technologies (LSE:VELA) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Vela Technologies (LSE:VELA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vela Technologies PLC (LSE:VELA) » Definitions » Other Income (Expense)

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IBNN:Germany

Address

Mill Field Road, 15 Victoria Mews, Cottingley Business Park, Bingley, West Yorkshire, GBR, BD16 1PY

Website

http://www.velatechplc.com

Vela Technologies PLC a UK-based investment company based in London which is engaged in acquiring and consolidating holdings in the small and medium-sized enterprise (SME's), which are active in the development of emergent technologies. It operates through a single segment of Investments in the United Kingdom. It mainly focuses on investment in companies which are based in the UK or Europe with the number of opportunities to acquire interests in undervalued or pre-commercialization technologies and companies. The company seeks to deliver consistent growth, performance, and strong returns to shareholders by building a diverse portfolio of pre-IPO technology investments.

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