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Valneva (VALN) Financials

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$6.43 +0.05 (+0.78%)
As of 05/28/2025 04:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
Annual Income Statements for Valneva

Annual Income Statements for Valneva

This table shows Valneva's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Income / (Loss) Attributable to Common Shareholders
-13 -112 -153 -83 -79 -2.02
Consolidated Net Income / (Loss)
-13 -112 -153 -83 -79 -1.96
Net Income / (Loss) Continuing Operations
-13 -112 -153 -83 -79 -2.02
Total Pre-Tax Income
-12 -109 -155 -79 -80 -0.98
Total Operating Income
-103 -91 -121 -69 -67 -0.91
Total Gross Profit
51 58 39 181 68 82
Total Revenue
178 170 387 394 135 142
Operating Revenue
171 160 123 71 81 145
Other Revenue
6.55 10 264 323 54 -3.72
Total Cost of Revenue
127 112 347 213 66 59
Operating Cost of Revenue
127 112 347 213 66 59
Total Operating Expenses
154 149 161 251 136 83
Selling, General & Admin Expense
44 53 36 54 34 21
Marketing Expense
54 54 25 27 22 27
Research & Development Expense
77 66 112 196 103 43
Other Operating Expenses / (Income)
-21 -24 -13 -26 -23 -7.11
Total Other Income / (Expense), net
91 -18 -34 -9.72 -12 -0.07
Interest & Investment Income
94 1.34 0.28 0.28 0.63 1.63
Other Income / (Expense), net
-3.31 6.17 -13 9.20 0.05 1.77
Income Tax Expense
0.79 3.10 -1.64 3.90 -1.11 0.98
Weighted Average Basic Shares Outstanding
162.52M 138.91M 138.37M 105.19M - -
Weighted Average Diluted Shares Outstanding
162.52M 138.91M 138.37M 105.19M - -
Weighted Average Basic & Diluted Shares Outstanding
162.52M 138.91M 138.37M 105.19M - -

Quarterly Income Statements for Valneva

No quarterly income statements for Valneva are available.


Annual Cash Flow Statements for Valneva

This table details how cash moves in and out of Valneva's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Change in Cash & Equivalents
-104 -369 -452 -104 171 -14
Net Cash From Operating Activities
-86 -339 -419 1.54 168 6.20
Net Cash From Continuing Operating Activities
-86 -339 -419 1.54 60 9.67
Net Income / (Loss) Continuing Operations
-13 -112 -153 -83 -79 -1.96
Consolidated Net Income / (Loss)
-13 -112 -153 -83 -79 -1.96
Non-Cash Adjustments To Reconcile Net Income
-73 -226 -266 85 141 14
Net Cash From Investing Activities
-14 -28 -31 -104 -24 -12
Net Cash From Continuing Investing Activities
-14 -28 -31 -104 -24 -12
Purchase of Property, Plant & Equipment
-14 -16 -31 -104 -23 -12
Acquisitions
0.00 -12 0.00 0.00 - -
Net Cash From Financing Activities
-3.87 -2.32 -1.92 -1.24 27 -5.87
Net Cash From Continuing Financing Activities
-3.87 -2.32 -1.92 -1.24 27 -8.64
Repayment of Debt
-3.87 -2.32 -1.92 -2.21 -35 -19
Cash Interest Paid
21 14 9.85 9.53 - -
Cash Interest Received
2.44 1.34 0.28 0.06 - -
Cash Income Taxes Paid
1.60 1.37 0.16 1.85 - -

Quarterly Cash Flow Statements for Valneva

No quarterly cash flow statements for Valneva are available.


Annual Balance Sheets for Valneva

This table presents Valneva's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Total Assets
518 509 665 925 549
Total Current Assets
310 291 454 663 377
Cash & Equivalents
174 139 310 392 250
Accounts Receivable
36 46 26 50 23
Inventories, net
56 49 38 140 33
Other Current Assets
43 56 79 80 71
Plant, Property, & Equipment, net
144 151 120 142 42
Plant, Property & Equipment, gross
144 151 120 142 42
Total Noncurrent Assets
64 68 90 118 129
Intangible Assets
26 28 31 37 43
Noncurrent Deferred & Refundable Income Taxes
9.94 7.29 6.03 4.05 6.80
Other Noncurrent Operating Assets
28 32 53 76 77
Total Liabilities & Shareholders' Equity
518 509 665 925 549
Total Liabilities
330 367 430 732 454
Total Current Liabilities
119 176 297 418 215
Accounts Payable
37 49 44 77 44
Other Current Liabilities
20 23 77 205 16
Total Noncurrent Liabilities
211 191 133 314 239
Long-Term Debt
172 147 93 57 57
Capital Lease Obligations
27 32 30 61 60
Noncurrent Deferred & Payable Income Tax Liabilities
4.31 4.02 0.74 1.46 0.50
Other Noncurrent Operating Liabilities
0.61 1.28 1.54 15 2.97
Total Equity & Noncontrolling Interests
771 752 717 540 380
Total Preferred & Common Equity
771 752 717 540 380
Preferred Stock
670 657 636 463 299
Total Common Equity
188 142 235 193 95
Common Stock
25 23 22 18 17
Other Equity Adjustments
76 72 59 59 64

Quarterly Balance Sheets for Valneva

No quarterly balance sheets for Valneva are available.


Annual Metrics And Ratios for Valneva

This table displays calculated financial ratios and metrics derived from Valneva's official financial filings.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Growth Metrics
- - - - - -
Revenue Growth
4.67% -56.01% -1.89% 192.33% -4.84% 0.00%
EBITDA Growth
-25.13% 37.22% -123.63% 10.40% -7,957.91% 0.00%
EBIT Growth
-25.13% 37.22% -123.63% 10.40% -7,957.91% 0.00%
NOPAT Growth
-12.99% 25.18% -74.67% -3.19% -7,298.19% 0.00%
Net Income Growth
88.70% 26.80% -84.45% -5.64% -3,919.11% 0.00%
EPS Growth
0.00% 39.13% -76.88% -5.63% -3,450.00% 0.00%
Operating Cash Flow Growth
74.56% 19.16% -27,316.22% -99.09% 2,611.72% 0.00%
Free Cash Flow Firm Growth
51.58% -55.23% -70.85% 82.91% 0.00% 0.00%
Invested Capital Growth
-3.55% 27.67% -1.37% -0.34% 0.00% 0.00%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
28.74% 34.37% 10.20% 46.01% 50.78% 58.13%
EBITDA Margin
-59.51% -49.78% -34.88% -15.30% -49.93% 0.60%
Operating Margin
-57.65% -53.40% -31.40% -17.64% -49.96% -0.64%
EBIT Margin
-59.51% -49.78% -34.88% -15.30% -49.93% 0.60%
Profit (Net Income) Margin
-7.12% -65.99% -39.66% -21.09% -58.37% -1.38%
Tax Burden Percent
106.63% 102.84% 98.94% 104.92% 98.61% 200.46%
Interest Burden Percent
11.23% 128.90% 114.91% 131.38% 118.56% -114.02%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-25.01% -24.39% -36.85% -20.91% -40.47% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
-37.48% -14.12% -19.68% -5.77% 2.44% 0.00%
Return on Net Nonoperating Assets (RNNOA)
23.35% 9.11% 12.46% 2.86% -0.94% 0.00%
Return on Equity (ROE)
-1.66% -15.28% -24.38% -18.06% -41.41% 0.00%
Cash Return on Invested Capital (CROIC)
-21.40% -48.69% -35.46% -20.58% -240.47% 0.00%
Operating Return on Assets (OROA)
-20.64% -14.42% -16.96% -8.18% -12.26% 0.00%
Return on Assets (ROA)
-2.47% -19.12% -19.28% -11.28% -14.34% 0.00%
Return on Common Equity (ROCE)
-0.36% -3.92% -8.30% -5.64% -10.31% 0.00%
Return on Equity Simple (ROE_SIMPLE)
-1.64% -14.92% -21.38% -15.38% -20.71% 0.00%
Net Operating Profit after Tax (NOPAT)
-72 -64 -85 -49 -47 -0.64
NOPAT Margin
-40.36% -37.38% -21.98% -12.35% -34.97% -0.45%
Net Nonoperating Expense Percent (NNEP)
12.46% -10.26% -17.16% -15.14% -42.91% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
-7.40% -6.83% -10.11% - - -
Cost of Revenue to Revenue
71.26% 65.63% 89.80% 53.99% 49.22% 41.82%
SG&A Expenses to Revenue
24.86% 31.10% 9.43% 13.68% 24.96% 14.58%
R&D to Revenue
43.12% 38.96% 29.04% 49.78% 76.55% 30.13%
Operating Expenses to Revenue
86.39% 87.78% 41.60% 63.65% 100.74% 58.82%
Earnings before Interest and Taxes (EBIT)
-106 -85 -135 -60 -67 0.86
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-106 -85 -135 -60 -67 0.86
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
3.24 10.15 7.49 30.24 0.65 0.00
Price to Tangible Book Value (P/TBV)
3.76 12.68 8.61 37.42 1.19 0.00
Price to Revenue (P/Rev)
3.41 8.47 4.55 14.82 0.45 0.43
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
4.62 7.31 9.65 25.97 1.00 0.00
Enterprise Value to Revenue (EV/Rev)
7.32 12.57 5.72 15.30 1.73 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 3,916.26 1.39 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.26 0.24 0.17 0.22 0.33 0.00
Long-Term Debt to Equity
0.26 0.24 0.17 0.22 0.31 0.00
Financial Leverage
-0.62 -0.65 -0.63 -0.49 -0.39 0.00
Leverage Ratio
0.67 0.80 1.26 1.60 1.44 0.00
Compound Leverage Factor
0.08 1.03 1.45 2.10 1.71 0.00
Debt to Total Capital
20.57% 19.23% 14.69% 17.94% 24.84% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 1.69% 0.00%
Long-Term Debt to Total Capital
20.57% 19.23% 14.69% 17.94% 23.15% 0.00%
Preferred Equity to Total Capital
69.03% 70.56% 75.63% 70.32% 59.21% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
19.32% 15.24% 27.98% 29.31% 18.71% 0.00%
Debt to EBITDA
-1.89 -2.12 -0.92 -1.96 -1.87 0.00
Net Debt to EBITDA
-0.24 -0.47 1.38 4.55 1.88 0.00
Long-Term Debt to EBITDA
-1.89 -2.12 -0.92 -1.96 -1.74 0.00
Debt to NOPAT
-2.78 -2.82 -1.45 -2.43 -2.66 0.00
Net Debt to NOPAT
-0.36 -0.62 2.19 5.64 2.69 0.00
Long-Term Debt to NOPAT
-2.78 -2.82 -1.45 -2.43 -2.48 0.00
Altman Z-Score
1.22 2.41 2.65 5.32 0.28 0.00
Noncontrolling Interest Sharing Ratio
78.37% 74.34% 65.94% 68.75% 75.10% 0.00%
Liquidity Ratios
- - - - - -
Current Ratio
2.61 1.65 1.53 1.59 1.75 0.00
Quick Ratio
1.78 1.06 1.13 1.06 1.27 0.00
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
-61 -127 -82 -48 -280 0.00
Operating Cash Flow to CapEx
-600.21% -2,151.26% -1,338.96% 1.47% 728.31% 50.80%
Free Cash Flow to Firm to Interest Expense
0.00 -4.92 -4.01 -2.49 -21.35 0.00
Operating Cash Flow to Interest Expense
0.00 -13.13 -20.55 0.08 12.83 1.79
Operating Cash Flow Less CapEx to Interest Expense
0.00 -13.74 -22.09 -5.36 11.07 -1.74
Efficiency Ratios
- - - - - -
Asset Turnover
0.35 0.29 0.49 0.53 0.25 0.00
Accounts Receivable Turnover
4.31 4.75 10.25 10.75 5.74 0.00
Inventory Turnover
2.42 2.57 3.90 2.45 2.02 0.00
Fixed Asset Turnover
1.21 1.26 2.95 4.27 3.17 0.00
Accounts Payable Turnover
2.96 2.39 5.71 3.51 1.50 0.00
Days Sales Outstanding (DSO)
84.61 76.90 35.60 33.96 63.63 0.00
Days Inventory Outstanding (DIO)
150.72 141.87 93.60 148.75 181.03 0.00
Days Payable Outstanding (DPO)
123.43 152.75 63.88 104.11 243.41 0.00
Cash Conversion Cycle (CCC)
111.89 66.02 65.32 78.60 1.26 0.00
Capital & Investment Metrics
- - - - - -
Invested Capital
282 292 229 232 233 0.00
Invested Capital Turnover
0.62 0.65 1.68 1.69 1.16 0.00
Increase / (Decrease) in Invested Capital
-10 63 -3.19 -0.78 233 0.00
Enterprise Value (EV)
1,303 2,137 2,209 6,028 234 0.00
Market Capitalization
607 1,440 1,760 5,839 61 61
Book Value per Share
$1.35 $1.02 $2.24 $1.84 $40.79 $0.00
Tangible Book Value per Share
$1.16 $0.82 $1.94 $1.48 $22.13 $0.00
Total Capital
971 931 840 659 505 0.00
Total Debt
200 179 123 118 126 0.00
Total Long-Term Debt
200 179 123 118 117 0.00
Net Debt
26 40 -186 -274 -127 0.00
Capital Expenditures (CapEx)
14 16 31 104 23 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)
17 -24 -152 -147 -79 0.00
Debt-free Net Working Capital (DFNWC)
191 115 158 245 170 0.00
Net Working Capital (NWC)
191 115 158 245 162 0.00
Net Nonoperating Expense (NNE)
-59 49 68 34 32 1.32
Net Nonoperating Obligations (NNO)
-489 -460 -488 -308 -147 0.00
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue
9.40% -14.39% -39.35% -37.30% -58.82% 0.00%
Debt-free Net Working Capital to Revenue
107.27% 67.63% 40.76% 62.30% 126.49% 0.00%
Net Working Capital to Revenue
107.27% 67.63% 40.76% 62.30% 120.16% 0.00%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 ($0.73) ($1.24) ($0.75) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
162.52M 138.91M 138.37M 105.19M 0.00 0.00
Adjusted Diluted Earnings per Share
$0.00 ($0.73) ($1.24) ($0.75) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
162.52M 138.91M 138.37M 105.19M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
162.52M 138.91M 138.37M 105.19M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
-72 -64 -85 -49 -47 -0.64
Normalized NOPAT Margin
-40.36% -37.38% -21.98% -12.35% -34.97% -0.45%
Pre Tax Income Margin
-6.68% -64.16% -40.08% -20.10% -59.19% -0.69%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
0.00 -3.28 -6.61 -3.14 -5.13 0.25
NOPAT to Interest Expense
0.00 -2.46 -4.17 -2.53 -3.59 -0.18
EBIT Less CapEx to Interest Expense
0.00 -3.89 -8.15 -8.58 -6.89 -3.28
NOPAT Less CapEx to Interest Expense
0.00 -3.07 -5.70 -7.97 -5.35 -3.72
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Valneva

No quarterly metrics and ratios for Valneva are available.


Frequently Asked Questions About Valneva's Financials

When does Valneva's fiscal year end?

According to the most recent income statement we have on file, Valneva's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Valneva's net income changed over the last 5 years?

Valneva's net income appears to be on an upward trend, with a most recent value of -$12.68 million in 2024, rising from -$1.96 million in 2019. The previous period was -$112.20 million in 2023. See Valneva's forecast for analyst expectations on what’s next for the company.

What is Valneva's operating income?
Valneva's total operating income in 2024 was -$102.60 million, based on the following breakdown:
  • Total Gross Profit: $51.15 million
  • Total Operating Expenses: $153.76 million
How has Valneva revenue changed over the last 5 years?

Over the last 5 years, Valneva's total revenue changed from $141.62 million in 2019 to $177.98 million in 2024, a change of 25.7%.

How much debt does Valneva have?

Valneva's total liabilities were at $329.97 million at the end of 2024, a 10.1% decrease from 2023, and a 27.3% decrease since 2020.

How much cash does Valneva have?

In the past 4 years, Valneva's cash and equivalents has ranged from $139.47 million in 2023 to $392.38 million in 2021, and is currently $174.18 million as of their latest financial filing in 2024.

How has Valneva's book value per share changed over the last 5 years?

Over the last 5 years, Valneva's book value per share changed from 0.00 in 2019 to 1.35 in 2024, a change of 135.1%.



This page (NASDAQ:VALN) was last updated on 5/29/2025 by MarketBeat.com Staff
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