Verve Group SE (STO:VER)

Verve Group SE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	111.93	146.7	121.74	149.99	180.16	46.25
Short-Term Investments	-	19.18	32.97	14.49	0.95	3.82
Cash & Short-Term Investments	111.93	165.88	154.71	164.48	181.1	50.08
Cash Growth	-5.93%	7.22%	-5.94%	-9.18%	261.64%	49.88%
Accounts Receivable	107.29	60.87	32.28	52.23	97.5	37.01
Other Receivables	-	7.08	3.18	1.95	2.27	3.19
Receivables	107.29	67.95	35.46	54.17	99.77	40.2
Prepaid Expenses	-	5.47	3.35	2.37	2.73	2.1
Other Current Assets	-	-	-0	-	-	-
Total Current Assets	219.22	239.3	193.51	221.02	283.6	92.38
Property, Plant & Equipment	10.26	4.31	3.96	5.52	4.68	1.74
Long-Term Investments	6.91	4.93	2.44	20.18	28.52	3.16
Goodwill	696.53	718.03	578.03	587.74	411.99	164.02
Other Intangible Assets	260.56	268.82	218.58	203.55	192.64	107.7
Long-Term Deferred Tax Assets	28.71	17.05	10.51	6.65	11.55	15.74
Other Long-Term Assets	-	-	-0	-	1.12	1.12
Total Assets	1,222	1,252	1,007	1,045	934.09	385.84
Accounts Payable	86.89	104.06	80.34	68.71	53.75	30.04
Accrued Expenses	-	77.58	52.58	49.22	48.88	24.67
Short-Term Debt	-	50.09	32	31.9	32.03	6.09
Current Portion of Long-Term Debt	-	-	34.51	-	-	-
Current Portion of Leases	-	0.74	1.56	1.05	0.99	1.37
Current Income Taxes Payable	-	0.08	6.87	0.49	1.46	0.15
Current Unearned Revenue	-	13.17	11.31	12.06	10.11	2.75
Other Current Liabilities	181.84	57.37	21.61	56.04	96.21	13.15
Total Current Liabilities	268.73	303.08	240.77	219.47	243.43	78.2
Long-Term Debt	472.71	445.78	348.04	389.39	343.93	95.36
Long-Term Leases	-	2.44	0.94	2.6	2.46	0.25
Long-Term Deferred Tax Liabilities	25.62	21.73	28.89	24.44	23.21	23.77
Other Long-Term Liabilities	37.02	28.54	35.94	87.02	13.58	11.42
Total Liabilities	804.09	801.57	654.57	722.91	626.6	209
Common Stock	2	1.87	159.25	159.25	149.68	117.07
Additional Paid-In Capital	173.06	141.73	103.52	103.52	84.57	7.84
Retained Earnings	73.9	76.89	48.09	1.36	21.68	5.62
Comprehensive Income & Other	168.97	230.19	41.42	58.83	51.51	46.26
Total Common Equity	417.93	450.68	352.28	322.96	307.43	176.79
Minority Interest	0.17	0.2	0.18	-1.21	0.06	0.06
Shareholders' Equity	418.1	450.88	352.46	321.75	307.49	176.85
Total Liabilities & Equity	1,222	1,252	1,007	1,045	934.09	385.84
Total Debt	472.71	499.05	417.05	424.94	379.4	103.06
Net Cash (Debt)	-360.78	-333.17	-262.34	-260.45	-198.3	-52.98
Net Cash Per Share	-1.97	-1.72	-1.48	-1.67	-1.40	-0.55
Filing Date Shares Outstanding	200.11	187.17	159.25	159.25	149.68	117.07
Total Common Shares Outstanding	200.11	187.17	159.25	159.25	149.68	117.07
Working Capital	-49.52	-63.78	-47.26	1.55	40.17	14.17
Book Value Per Share	2.09	2.41	2.21	2.03	2.05	1.51
Tangible Book Value	-539.16	-536.18	-444.33	-468.33	-297.2	-94.93
Tangible Book Value Per Share	-2.69	-2.86	-2.79	-2.94	-1.99	-0.81

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