Verve Group SE (STO: VER)

Verve Group SE Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	118.99	121.74	149.99	180.16	46.25	32.98
Short-Term Investments	-	32.97	14.49	0.95	3.82	0.43
Cash & Short-Term Investments	118.99	154.71	164.48	181.1	50.08	33.41
Cash Growth	7.79%	-5.94%	-9.18%	261.65%	49.88%	635.76%
Accounts Receivable	65.12	32.28	52.23	97.5	37.01	17.05
Other Receivables	-	3.17	1.95	2.27	3.19	2.06
Receivables	65.12	35.46	54.17	99.77	40.2	19.11
Prepaid Expenses	-	3.35	2.37	2.73	2.1	3.34
Other Current Assets	-	-0	-	-	-	-
Total Current Assets	184.1	193.51	221.02	283.6	92.38	55.86
Property, Plant & Equipment	4.14	3.96	5.52	4.68	1.74	3.52
Long-Term Investments	-	2.44	20.18	28.52	3.16	8.65
Goodwill	689.9	578.03	587.74	411.99	164.02	147.34
Other Intangible Assets	252.34	218.58	203.55	192.64	107.7	84.86
Long-Term Deferred Tax Assets	18.78	10.51	6.65	11.55	15.74	11.22
Other Long-Term Assets	6.45	-0	-	1.12	1.12	1.01
Total Assets	1,156	1,007	1,045	934.09	385.84	312.45
Accounts Payable	73.51	80.34	68.71	53.75	30.04	20.27
Accrued Expenses	-	52.08	49.22	48.88	24.67	8.25
Short-Term Debt	-	32	31.9	32.03	6.09	-
Current Portion of Long-Term Debt	94.37	34.51	-	-	-	-
Current Portion of Leases	-	1.56	1.05	0.99	1.37	1.41
Current Income Taxes Payable	-	0.49	0.49	1.46	0.15	2.34
Current Unearned Revenue	-	11.31	12.06	10.11	2.75	4.56
Other Current Liabilities	80.72	28.47	56.04	96.21	13.15	17.71
Total Current Liabilities	248.6	240.77	219.47	243.43	78.2	54.54
Long-Term Debt	444.53	348.04	389.39	343.93	95.36	63.99
Long-Term Leases	-	0.94	2.6	2.46	0.25	1.37
Long-Term Deferred Tax Liabilities	32.11	28.89	24.44	23.21	23.77	16.99
Other Long-Term Liabilities	32.32	35.94	87.02	13.58	11.42	7
Total Liabilities	757.56	654.57	722.91	626.6	209	143.89
Common Stock	1.86	159.25	159.25	149.68	117.07	70.02
Additional Paid-In Capital	141.73	103.52	103.52	84.57	7.84	25.13
Retained Earnings	62.59	48.09	1.36	21.68	5.62	2.56
Comprehensive Income & Other	191.77	41.42	58.83	51.51	46.26	0.36
Total Common Equity	397.96	352.28	322.96	307.43	176.79	98.07
Minority Interest	0.18	0.18	-1.21	0.06	0.06	70.49
Shareholders' Equity	398.14	352.46	321.75	307.49	176.85	168.56
Total Liabilities & Equity	1,156	1,007	1,045	934.09	385.84	312.45
Total Debt	538.9	417.05	424.94	379.4	103.06	66.76
Net Cash (Debt)	-419.92	-262.34	-260.45	-198.3	-52.98	-33.35
Net Cash Per Share	-2.11	-1.48	-1.67	-1.40	-0.55	-0.50
Filing Date Shares Outstanding	186.36	159.25	159.25	149.68	117.07	70.02
Total Common Shares Outstanding	186.36	159.25	159.25	149.68	117.07	70.02
Working Capital	-64.5	-47.26	1.55	40.17	14.17	1.31
Book Value Per Share	2.14	2.21	2.03	2.05	1.51	1.40
Tangible Book Value	-544.28	-444.33	-468.33	-297.2	-94.93	-134.13
Tangible Book Value Per Share	-2.92	-2.79	-2.94	-1.99	-0.81	-1.92

Source: S&P Capital IQ. Standard template. Financial Sources.