Verve Group SE Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	568.55	461.94	347.94	353.37	275.02
Revenue Growth (YoY)	23.08%	32.77%	-1.54%	28.49%	76.05%
Cost of Revenue	345.26	236.71	180.56	188.62	137.97
Gross Profit	223.29	225.23	167.37	164.75	137.05
Selling, General & Admin	103.51	83.87	82.69	76.21	57.27
Other Operating Expenses	-	26.91	25.63	26.74	20.81
Operating Expenses	156.56	149.02	137.77	161.08	106.32
Operating Income	66.73	76.21	29.6	3.67	30.73
Interest Expense	-68.23	-64.89	-55.5	-38.31	-22.82
Interest & Investment Income	6.36	6.41	5.44	0.35	0.91
Currency Exchange Gain (Loss)	-	-3.5	-1.96	5.4	6.07
Other Non Operating Income (Expenses)	2.63	1.26	3.54	8.82	-0
EBT Excluding Unusual Items	7.49	15.49	-18.88	-20.07	14.89
Merger & Restructuring Charges	-0.29	-	-	-	-
Other Unusual Items	-	16.32	67.82	8.73	-
Pretax Income	7.2	31.8	48.94	-11.34	14.89
Income Tax Expense	6.51	3	2.72	9.06	-1.17
Earnings From Continuing Operations	0.69	28.81	46.22	-20.41	16.05
Net Income to Company	0.69	28.81	46.22	-20.41	16.05
Minority Interest in Earnings	0.01	-0.01	0.51	0.09	0.01
Net Income	0.7	28.8	46.73	-20.32	16.06
Net Income to Common	0.7	28.8	46.73	-20.32	16.06
Net Income Growth	-97.59%	-38.38%	-	-	425.04%
Shares Outstanding (Basic)	194	173	159	156	142
Shares Outstanding (Diluted)	213	194	177	156	142
Shares Change (YoY)	9.82%	9.30%	13.62%	10.21%	48.18%
EPS (Basic)	0.00	0.17	0.29	-0.13	0.11
EPS (Diluted)	0.00	0.14	0.26	-0.13	0.11
EPS Growth	-97.67%	-46.15%	-	-	266.67%
Free Cash Flow	45.52	133.26	68.94	128.84	59.56
Free Cash Flow Per Share	0.21	0.69	0.39	0.82	0.42
Gross Margin	39.27%	48.76%	48.10%	46.62%	49.83%
Operating Margin	11.74%	16.50%	8.51%	1.04%	11.18%
Profit Margin	0.12%	6.23%	13.43%	-5.75%	5.84%
Free Cash Flow Margin	8.00%	28.85%	19.81%	36.46%	21.66%
EBITDA	88.39	94.1	46.27	55.86	58.97
EBITDA Margin	15.55%	20.37%	13.30%	15.81%	21.44%
D&A For EBITDA	21.65	17.9	16.67	52.19	28.24
EBIT	66.73	76.21	29.6	3.67	30.73
EBIT Margin	11.74%	16.50%	8.51%	1.04%	11.18%
Effective Tax Rate	90.43%	9.43%	5.55%	-	-
Advertising Expenses	-	-	-	-	0.35

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