Verve Group SE (ETR:M8G)

Verve Group SE Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	146.7	121.74	149.99	180.16	46.25
Short-Term Investments	19.18	32.97	14.49	0.95	3.82
Cash & Short-Term Investments	165.88	154.71	164.48	181.1	50.08
Cash Growth	7.22%	-5.94%	-9.18%	261.64%	49.88%
Accounts Receivable	60.87	32.28	52.23	97.5	37.01
Other Receivables	7.08	3.18	1.95	2.27	3.19
Receivables	67.95	35.46	54.17	99.77	40.2
Prepaid Expenses	5.47	3.35	2.37	2.73	2.1
Other Current Assets	-	-0	-	-	-
Total Current Assets	239.3	193.51	221.02	283.6	92.38
Property, Plant & Equipment	4.31	3.96	5.52	4.68	1.74
Long-Term Investments	4.93	2.44	20.18	28.52	3.16
Goodwill	718.03	578.03	587.74	411.99	164.02
Other Intangible Assets	268.82	218.58	203.55	192.64	107.7
Long-Term Deferred Tax Assets	17.05	10.51	6.65	11.55	15.74
Other Long-Term Assets	-	-0	-	1.12	1.12
Total Assets	1,252	1,007	1,045	934.09	385.84
Accounts Payable	104.06	80.34	68.71	53.75	30.04
Accrued Expenses	77.58	52.58	49.22	48.88	24.67
Short-Term Debt	50.09	32	31.9	32.03	6.09
Current Portion of Long-Term Debt	-	34.51	-	-	-
Current Portion of Leases	0.74	1.56	1.05	0.99	1.37
Current Income Taxes Payable	0.08	6.87	0.49	1.46	0.15
Current Unearned Revenue	13.17	11.31	12.06	10.11	2.75
Other Current Liabilities	57.37	21.61	56.04	96.21	13.15
Total Current Liabilities	303.08	240.77	219.47	243.43	78.2
Long-Term Debt	445.78	348.04	389.39	343.93	95.36
Long-Term Leases	2.44	0.94	2.6	2.46	0.25
Long-Term Deferred Tax Liabilities	21.73	28.89	24.44	23.21	23.77
Other Long-Term Liabilities	28.54	35.94	87.02	13.58	11.42
Total Liabilities	801.57	654.57	722.91	626.6	209
Common Stock	1.87	159.25	159.25	149.68	117.07
Additional Paid-In Capital	141.73	103.52	103.52	84.57	7.84
Retained Earnings	76.89	48.09	1.36	21.68	5.62
Comprehensive Income & Other	230.19	41.42	58.83	51.51	46.26
Total Common Equity	450.68	352.28	322.96	307.43	176.79
Minority Interest	0.2	0.18	-1.21	0.06	0.06
Shareholders' Equity	450.88	352.46	321.75	307.49	176.85
Total Liabilities & Equity	1,252	1,007	1,045	934.09	385.84
Total Debt	499.05	417.05	424.94	379.4	103.06
Net Cash (Debt)	-333.17	-262.34	-260.45	-198.3	-52.98
Net Cash Per Share	-1.72	-1.48	-1.67	-1.40	-0.55
Filing Date Shares Outstanding	187.17	159.25	159.25	149.68	117.07
Total Common Shares Outstanding	187.17	159.25	159.25	149.68	117.07
Working Capital	-63.78	-47.26	1.55	40.17	14.17
Book Value Per Share	2.41	2.21	2.03	2.05	1.51
Tangible Book Value	-536.18	-444.33	-468.33	-297.2	-94.93
Tangible Book Value Per Share	-2.86	-2.79	-2.94	-1.99	-0.81

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.