Verve Group SE (STO:VER)

Verve Group SE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	495.81	461.94	347.94	353.37	275.02	156.21
Revenue Growth (YoY)	29.98%	32.77%	-1.54%	28.49%	76.05%	66.04%
Cost of Revenue	251.68	236.71	180.56	188.62	137.97	77.62
Gross Profit	244.13	225.23	167.37	164.75	137.05	78.59
Selling, General & Admin	96.46	83.87	82.69	76.21	57.27	40.73
Other Operating Expenses	26.91	26.91	25.63	26.74	20.81	12.1
Operating Expenses	166.32	149.02	137.77	161.08	106.32	68.33
Operating Income	77.81	76.21	29.6	3.67	30.73	10.26
Interest Expense	-73.67	-64.89	-55.5	-38.31	-22.82	-7.49
Interest & Investment Income	8.16	6.41	5.44	0.35	0.91	0.35
Currency Exchange Gain (Loss)	-3.5	-3.5	-1.96	5.4	6.07	-0.65
Other Non Operating Income (Expenses)	1.16	1.26	3.54	8.82	-0	-
EBT Excluding Unusual Items	9.96	15.49	-18.88	-20.07	14.89	2.48
Other Unusual Items	16.32	16.32	67.82	8.73	-	1.43
Pretax Income	26.28	31.8	48.94	-11.34	14.89	3.9
Income Tax Expense	3.77	3	2.72	9.06	-1.17	1.19
Earnings From Continuing Operations	22.51	28.81	46.22	-20.41	16.05	2.71
Net Income to Company	22.51	28.81	46.22	-20.41	16.05	2.71
Minority Interest in Earnings	0	-0.01	0.51	0.09	0.01	0.35
Net Income	22.52	28.8	46.73	-20.32	16.06	3.06
Net Income to Common	22.52	28.8	46.73	-20.32	16.06	3.06
Net Income Growth	-55.87%	-38.38%	-	-	425.04%	-
Shares Outstanding (Basic)	186	173	159	156	142	85
Shares Outstanding (Diluted)	204	194	177	156	142	96
Shares Change (YoY)	11.17%	9.30%	13.62%	10.21%	48.18%	43.27%
EPS (Basic)	0.12	0.17	0.29	-0.13	0.11	0.04
EPS (Diluted)	0.10	0.14	0.26	-0.13	0.11	0.03
EPS Growth	-64.50%	-46.15%	-	-	266.67%	-
Free Cash Flow	111.78	133.26	68.94	128.84	59.56	23.49
Free Cash Flow Per Share	0.55	0.69	0.39	0.82	0.42	0.25
Gross Margin	49.24%	48.76%	48.10%	46.62%	49.83%	50.31%
Operating Margin	15.69%	16.50%	8.51%	1.04%	11.18%	6.57%
Profit Margin	4.54%	6.23%	13.43%	-5.75%	5.84%	1.96%
Free Cash Flow Margin	22.54%	28.85%	19.81%	36.46%	21.66%	15.03%
EBITDA	100.69	94.1	46.27	55.86	58.97	25.77
EBITDA Margin	20.31%	20.37%	13.30%	15.81%	21.44%	16.50%
D&A For EBITDA	22.88	17.9	16.67	52.19	28.24	15.51
EBIT	77.81	76.21	29.6	3.67	30.73	10.26
EBIT Margin	15.69%	16.50%	8.51%	1.04%	11.18%	6.57%
Effective Tax Rate	14.33%	9.43%	5.55%	-	-	30.61%
Advertising Expenses	-	-	-	-	0.35	0.17

Source: S&P Global Market Intelligence. Standard template. Financial Sources.