Alvotech (ALVO)
NASDAQ: ALVO · Real-Time Price · USD
5.11
-0.14 (-2.67%)
Aug 25, 2026, 1:37 PM EDT - Market open
Alvotech Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | -179.59 | 27.92 | -231.86 | -551.73 | -513.58 | -101.5 |
Depreciation & Amortization | 39.12 | 35.66 | 30.48 | 23.58 | 20.41 | 18.2 |
Other Amortization | 15.33 | 11.4 | 4.43 | 2.28 | 83.43 | 1.59 |
Loss (Gain) From Sale of Assets | - | - | - | 0.37 | - | - |
Asset Writedown & Restructuring Costs | - | - | - | 1.78 | 2.76 | 6.09 |
Loss (Gain) From Sale of Investments | - | - | 2.97 | 21.52 | - | - |
Loss (Gain) on Equity Investments | - | - | - | 7.15 | 2.59 | 2.42 |
Stock-Based Compensation | 9.23 | 7.38 | 7.63 | 18.11 | 15.81 | 17.96 |
Provision & Write-off of Bad Debts | - | 0.7 | -0.95 | 18.5 | - | - |
Other Operating Activities | 113 | -15.62 | 239.1 | 119.92 | 124.08 | -166.1 |
Change in Accounts Receivable | -90.91 | -1.77 | -164.26 | -25.71 | -12.79 | -13.53 |
Change in Inventory | -68.71 | -90.13 | -49.97 | -11.3 | -32.41 | -29.41 |
Change in Accounts Payable | 23.92 | 45.31 | -13.7 | 31.77 | 16.44 | 14.32 |
Change in Unearned Revenue | -50.62 | -69.33 | -31.45 | 35.4 | 19.4 | 21.47 |
Change in Other Net Operating Assets | -9.46 | -1.72 | -29.28 | -3.82 | -38.52 | 0.34 |
Operating Cash Flow | -198.7 | -50.2 | -236.84 | -312.19 | -312.39 | -228.17 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -62.68 | -64.47 | -53.66 | -33.23 | -37.88 | -20.46 |
Sale of Property, Plant & Equipment | - | - | - | 0.13 | 0.38 | - |
Cash Acquisitions | -14.04 | -14.04 | - | - | - | - |
Sale (Purchase) of Intangibles | -72.45 | -31.66 | -3.34 | -13.24 | -11.12 | -20.17 |
Investment in Securities | 2.98 | 5.95 | 12 | - | - | - |
Other Investing Activities | - | - | 26.13 | - | -14.91 | - |
Investing Cash Flow | -146.18 | -104.22 | -18.87 | -46.34 | -63.54 | -40.63 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 233.48 | 920.76 | 278.83 | 353.68 | 113.82 |
Long-Term Debt Repaid | - | -35.79 | -768.78 | -107.64 | -95.86 | -44.85 |
Net Debt Issued (Repaid) | 190.22 | 197.7 | 151.98 | 171.2 | 257.82 | 68.98 |
Issuance of Common Stock | 164.6 | 82.48 | 155.37 | 143.27 | 174.93 | 185.86 |
Other Financing Activities | -18.89 | -9.34 | -10.05 | -13.15 | -7.84 | - |
Financing Cash Flow | 335.93 | 270.83 | 297.31 | 301.32 | 424.91 | 254.83 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 0.25 | 4.51 | -1.32 | 1.94 | -0.11 | -0.16 |
Net Cash Flow | -8.7 | 120.93 | 40.27 | -55.27 | 48.87 | -14.13 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -261.38 | -114.67 | -290.5 | -345.42 | -350.27 | -248.63 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -52.84% | -19.47% | -59.05% | -369.90% | -412.00% | -626.53% |
Free Cash Flow Per Share | -0.89 | -0.39 | -1.08 | -1.52 | -1.77 | -2.25 |
Levered Free Cash Flow | -123.13 | 24.6 | -350.9 | -204.27 | -216.92 | -218.32 |
Unlevered Free Cash Flow | -38.94 | 106.69 | -256.02 | -121.66 | -168.5 | -148.31 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 123.09 | 58.95 | 54.92 | 57.25 | 35.37 | 28 |
Cash Income Tax Paid | 1.02 | 0.78 | 2.04 | 1.35 | 0.83 | 0.16 |
Change in Working Capital | -195.78 | -117.64 | -288.64 | 26.33 | -47.89 | -6.81 |