Verve Group SE Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	11.31	28.8	46.73	-20.32	16.06	3.06
Depreciation & Amortization	27.42	18.76	16.67	52.19	28.24	15.51
Other Amortization	19.21	19.21	12.79	5.95	-	-
Other Operating Activities	55.83	48.9	-18.79	41.12	26.26	11.18
Change in Other Net Operating Assets	-48	21.34	12.05	55.28	-5.71	-4.54
Operating Cash Flow	65.77	137	69.45	134.22	64.84	25.2
Operating Cash Flow Growth	-44.57%	97.26%	-48.26%	106.99%	157.28%	55.58%
Capital Expenditures	-3.48	-3.73	-0.51	-5.39	-5.28	-1.72
Cash Acquisitions	-24.67	-119.53	-6.77	-148.49	-244.35	-22.93
Sale (Purchase) of Intangibles	-40.26	-38.82	-46.03	-33.27	-34.56	-17.38
Investment in Securities	0.04	0.04	17.61	-0.56	-26.47	-
Other Investing Activities	0	-	0	11.02	15.03	4.32
Investing Cash Flow	-68.36	-162.05	-35.69	-176.67	-295.63	-37.71
Short-Term Debt Issued	-	18.09	-	-	-	-
Long-Term Debt Issued	-	93.7	-	42.73	272.8	79.62
Total Debt Issued	52.24	111.79	-	42.73	272.8	79.62
Long-Term Debt Repaid	-	-43.38	-11.15	-0.05	-25.75	-55.88
Total Debt Repaid	-43.38	-43.38	-11.15	-0.05	-25.75	-55.88
Net Debt Issued (Repaid)	8.86	68.41	-11.15	42.68	247.05	23.73
Issuance of Common Stock	31.46	38.49	-	28.52	109.34	26.88
Other Financing Activities	-44.3	-58.59	-47.97	-58.91	8.31	-24.83
Financing Cash Flow	-3.97	48.31	-59.13	12.29	364.69	25.77
Foreign Exchange Rate Adjustments	-0.48	1.71	-2.88	-	-	-
Net Cash Flow	-7.05	24.96	-28.25	-30.16	133.9	13.27
Free Cash Flow	62.29	133.26	68.94	128.84	59.56	23.49
Free Cash Flow Growth	-48.08%	93.30%	-46.49%	116.31%	153.60%	45.02%
Free Cash Flow Margin	11.96%	28.85%	19.81%	36.46%	21.66%	15.03%
Free Cash Flow Per Share	0.34	0.69	0.39	0.82	0.42	0.25
Cash Interest Paid	44.29	58.59	47.97	33.61	22.06	6.02
Cash Income Tax Paid	2.84	2.84	2.38	4.36	0.43	1.08
Levered Free Cash Flow	78.83	47.65	-27.96	22.98	74.27	-1.89
Unlevered Free Cash Flow	122.52	88.21	6.73	46.92	88.53	2.79
Change in Working Capital	-48	21.34	12.05	55.28	-5.71	-4.54

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