Alvotech (ALVO)

Alvotech Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-80.73	27.92	-231.86	-551.73	-513.58	-101.5
Depreciation & Amortization	39.88	37.85	31.3	24.21	20.41	18.2
Stock-Based Compensation	8.41	7.38	7.63	18.11	15.81	17.96
Other Adjustments	178.09	51.64	297.08	225.86	248.5	-127.87
Change in Receivables	105.59	92.86	-119.04	-7.44	-4.01	-28.81
Changes in Inventories	-86.28	-90.13	-49.97	-11.3	-32.41	-29.41
Changes in Accounts Payable	7.17	45.31	-13.7	31.77	16.44	14.32
Changes in Accrued Expenses	14.47	5.07	-14.3	-5.18	-21.38	5.16
Changes in Unearned Revenue	-82.21	-69.33	-31.45	35.4	19.4	21.47
Changes in Other Operating Activities	-214.97	-158.77	-112.53	-71.87	-61.56	-17.67
Operating Cash Flow	-123.18	-50.2	-236.84	-312.19	-312.39	-228.17
Capital Expenditures	-48.43	-64.47	-53.66	-33.23	-37.88	-20.46
Sale of Property, Plant & Equipment	-	-	-	0.13	0.38	-
Purchases of Intangible Assets	-70.53	-31.66	-3.34	-13.24	-11.12	-20.17
Proceeds from Sale of Investments	2.98	5.95	12	-	-	-
Payments for Business Acquisitions	-	-14.04	-	-	-	-
Other Investing Activities	-	-	26.13	-	-14.91	-
Investing Cash Flow	-130.02	-104.22	-18.87	-46.34	-63.54	-40.63
Long-Term Debt Issued	246.98	233.48	920.76	278.83	353.68	113.82
Long-Term Debt Repaid	-30.9	-25.42	-758.58	-99.37	-84.71	-37.5
Net Long-Term Debt Issued (Repaid)	216.08	208.06	162.18	179.46	268.96	76.33
Issuance of Common Stock	82.48	82.48	155.37	143.27	184.76	185.86
Net Common Stock Issued (Repurchased)	82.48	82.48	155.37	143.27	184.76	185.86
Other Financing Activities	-22.85	-19.71	-20.25	-21.41	-28.81	-7.35
Financing Cash Flow	275.7	270.83	297.31	301.32	424.91	254.83
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.77	4.51	-1.32	1.94	-0.11	-0.16
Net Cash Flow	22.51	116.42	41.6	-57.21	48.98	-13.97
Free Cash Flow	-171.6	-114.67	-290.5	-345.42	-350.27	-248.63
FCF Margin	-30.68%	-19.56%	-59.33%	-377.78%	-411.95%	-676.14%
Free Cash Flow Per Share	-0.58	-0.39	-1.08	-1.52	-1.77	-2.25
Levered Free Cash Flow	-235.01	-58.48	-313.99	-402.48	-341.6	-33.58
Unlevered Free Cash Flow	-512.47	-278.45	-170.08	-330.94	-419.52	-168.59

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q