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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	487.57	461.94	347.94	353.37	275.02	156.21
Revenue Growth (YoY)	34.99%	32.77%	-1.54%	28.49%	76.05%	66.04%
Cost of Revenue	246.98	236.71	180.56	188.62	137.97	77.62
Gross Profit	240.59	225.23	167.37	164.75	137.05	78.59
Selling, General & Admin	91.2	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	159.17	149.02	137.77	161.08	106.32	68.33
Operating Income	81.41	76.21	29.6	3.67	30.73	10.26
Interest Expense	-65.84	-64.89	-55.5	-38.31	-22.82	-7.49
Interest & Investment Income	8.25	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)	0.52	1.26	3.54	8.82	-0	-
EBT Excluding Unusual Items	20.84	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	37.15	31.8	48.94	-11.34	14.89	3.9
Income Tax Expense	8.78	3	2.72	9.06	-1.17	1.19
Earnings From Continuing Operations	28.37	28.81	46.22	-20.41	16.05	2.71
Net Income to Company	28.37	28.81	46.22	-20.41	16.05	2.71
Minority Interest in Earnings	0.01	-0.01	0.51	0.09	0.01	0.35
Net Income	28.38	28.8	46.73	-20.32	16.06	3.06
Net Income to Common	28.38	28.8	46.73	-20.32	16.06	3.06
Net Income Growth	-38.98%	-38.38%	-	-	425.04%	-
Shares Outstanding (Basic)	180	173	159	156	142	85
Shares Outstanding (Diluted)	202	194	177	156	142	96
Shares Change (YoY)	13.97%	9.30%	13.62%	10.21%	48.18%	43.27%
EPS (Basic)	0.16	0.17	0.29	-0.13	0.11	0.04
EPS (Diluted)	0.13	0.14	0.26	-0.13	0.11	0.03
EPS Growth	-48.91%	-46.15%	-	-	266.67%	-
Free Cash Flow	125.43	133.26	68.94	128.84	59.56	23.49
Free Cash Flow Per Share	0.62	0.69	0.39	0.82	0.42	0.25
Gross Margin	49.34%	48.76%	48.10%	46.62%	49.83%	50.31%
Operating Margin	16.70%	16.50%	8.51%	1.04%	11.18%	6.57%
Profit Margin	5.82%	6.23%	13.43%	-5.75%	5.84%	1.96%
Free Cash Flow Margin	25.73%	28.85%	19.81%	36.46%	21.66%	15.03%
EBITDA	102.13	94.1	46.27	55.86	58.97	25.77
EBITDA Margin	20.95%	20.37%	13.30%	15.81%	21.44%	16.50%
D&A For EBITDA	20.72	17.9	16.67	52.19	28.24	15.51
EBIT	81.41	76.21	29.6	3.67	30.73	10.26
EBIT Margin	16.70%	16.50%	8.51%	1.04%	11.18%	6.57%
Effective Tax Rate	23.63%	9.43%	5.55%	-	-	30.61%
Advertising Expenses	-	-	-	-	0.35	0.17

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