CureVac 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	128.82	162.19	-260.17	-249.03	-411.72	-129.12
Depreciation & Amortization	16.75	17.91	22.57	23.74	14.21	10.46
Other Amortization	0.9	0.9	0.82	-	1.47	0.22
Loss (Gain) From Sale of Assets	0.29	0.65	10.19	31.05	0.59	5.92
Asset Writedown & Restructuring Costs	-4.69	35.3	2.47	6.59	22.81	-
Stock-Based Compensation	5.46	4.12	7.7	9.19	14.96	14.24
Other Operating Activities	27.4	44.75	42.68	76.65	-399.42	10.52
Change in Accounts Receivable	-419.98	11.47	9.75	18.47	-16.68	15.33
Change in Inventory	-0.07	0.59	-47.94	-47.85	-227.46	-8.33
Change in Accounts Payable	137.23	-140.58	-30.1	-96.18	179.32	620.31
Change in Unearned Revenue	-	-	-	-	93.53	31.6
Change in Other Net Operating Assets	-12.25	-35.44	-25.84	-58.8	-3.14	-47.63
Operating Cash Flow	-120.14	101.85	-267.89	-286.18	-733.13	522.4
Capital Expenditures	-3.99	-14.32	-52.32	-88.02	-124.22	-36.33
Cash Acquisitions	-	-	-	-0.28	-	-
Sale (Purchase) of Intangibles	-0.97	-4.13	-2.88	-5.2	-3.68	-11.02
Investment in Securities	-	-	-	-	-	-1.16
Other Investing Activities	-	-	-	-	-	3.24
Investing Cash Flow	-4.96	-18.44	-55.2	-93.5	-127.9	-45.27
Long-Term Debt Issued	-	-	-	-	-	49.86
Long-Term Debt Repaid	-	-5.11	-5.19	-4.22	-28.18	-97.74
Net Debt Issued (Repaid)	-5.25	-5.11	-5.19	-4.22	-28.18	-47.88
Issuance of Common Stock	0.06	-	236.09	67.39	404.06	867.72
Repurchase of Common Stock	-	-	-	-	-30.92	-
Financing Cash Flow	-5.19	-5.11	230.89	63.17	344.96	819.83
Foreign Exchange Rate Adjustments	-4.49	1	-1.15	0.84	4.94	-5.05
Net Cash Flow	-134.77	79.3	-93.35	-315.67	-511.13	1,292
Free Cash Flow	-124.13	87.54	-320.21	-374.2	-857.35	486.07
Free Cash Flow Margin	-175.47%	16.36%	-595.64%	-555.03%	-832.46%	994.61%
Free Cash Flow Per Share	-0.77	0.39	-1.45	-1.98	-4.61	3.68
Cash Interest Paid	2.26	2.33	2.38	4.61	9.79	8.69
Cash Income Tax Paid	3.18	3.15	3.89	0.13	0.5	0.09
Levered Free Cash Flow	-	52.51	-148	-364.75	-696.9	56.35
Unlevered Free Cash Flow	-	52.51	-148	-363.31	-692.66	70.17
Change in Working Capital	-295.07	-163.96	-94.13	-184.36	23.98	610.17

Updated Nov 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q