Income Statement Valartis Group AG

Stocks

VLRT

CH0367427686

Diversified Investment Services

Delayed Swiss Exchange 10:00:37 2026-10-02 EDT			5-day change	1st Jan Change
9.150 ^CHF	+0.55%		+0.55%	-25.00%

08-25	Valartis Group AG Reports Earnings Results for the Half Year Ended June 30, 2026	CI
08-25	Valartis Posts Decline in H1 Attributable Net Result, Operating Income	MT

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Published financial data: VALARTIS GROUP AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CHF)	2022 (CHF)	2023 (CHF)	2024 (CHF)	2025 (CHF)
Revenues	9.65M	9.94M	6.93M	6.62M	7.16M
Interest And Invest. Income (Rev)	-	-	-	-	-
Other Revenues, Total	3.6M	10.66M	3.82M	12M	8.4M
Total Revenues	13.26M	20.6M	10.75M	18.62M	15.56M
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	13.26M	20.6M	10.75M	18.62M	15.56M
Selling General & Admin Expenses, Total	9.13M	9.25M	7.73M	7.99M	7.91M
Depreciation & Amortization - (IS)	667K	641K	436K	315K	331K
Other Operating Expenses	425K	462K	355K	758K	434K
Other Operating Expenses, Total	10.22M	10.36M	8.52M	9.06M	8.68M
Operating Income	3.04M	10.25M	2.24M	9.55M	6.88M
Interest Expense, Total	-1.06M	-1.78M	-1.37M	-1.36M	-974K
Interest And Investment Income	1.83M	2.55M	1.72M	1.66M	1.78M
Net Interest Expenses	770K	772K	350K	305K	807K
Currency Exchange Gains (Loss)	1.81M	1.6M	-10.41M	-3.29M	4.47M
Other Non Operating Income (Expenses)	379K	-868K	-126K	639K	-4.66M
EBT, Excl. Unusual Items	6M	11.75M	-7.95M	7.21M	7.5M
Gain (Loss) On Sale Of Investments	-201K	-3.1M	1.75M	498K	-5.23M
Asset Writedown	143K	-1.93M	-500K	-840K	1.07M
Legal Settlements	-	-	-	-	-
Other Unusual Items	300K	-200K	200K	100K	5.15M
EBT, Incl. Unusual Items	6.24M	6.52M	-6.49M	6.97M	8.49M
Income Tax Expense	336K	-298K	-2K	-1.12M	1.06M
Earnings From Continuing Operations	5.9M	6.81M	-6.49M	8.08M	7.43M
Earnings Of Discontinued Operations	-	435K	-	-	-
Net Income to Company	5.9M	7.25M	-6.49M	8.08M	7.43M
Minority Interest	-711K	-64K	2.92M	-1.07M	-18K
Net Income - (IS)	5.19M	7.18M	-3.57M	7.01M	7.41M
Net Income to Common Incl Extra Items	5.19M	7.18M	-3.57M	7.01M	7.41M
Net Income to Common Excl. Extra Items	5.19M	6.75M	-3.57M	7.01M	7.41M
Per Share Items
Net EPS - Basic	1.33	1.82	-1.08	2.53	2.61
Basic EPS - Continuing Operations	1.33	1.71	-1.08	2.53	2.61
Basic Weighted Average Shares Outstanding	3.9M	3.95M	3.3M	2.77M	2.84M
Net EPS - Diluted	1.33	1.82	-1.08	2.53	2.61
Diluted EPS - Continuing Operations	1.33	1.71	-1.08	2.53	2.61
Diluted Weighted Average Shares Outstanding	3.9M	3.95M	3.3M	2.77M	2.84M
Normalized Basic EPS	0.78	1.84	-0.62	1.24	1.64
Normalized Diluted EPS	0.78	1.84	-0.62	1.24	1.64
Dividend Per Share	-	-	0.5	-	-
Payout Ratio	-	-	-	19.73	-
Supplemental Items
EBITDA	3.09M	10.28M	2.27M	9.6M	6.94M
EBITA	3.04M	10.25M	2.24M	9.55M	6.88M
EBIT	3.04M	10.25M	2.24M	9.55M	6.88M
EBITDAR	3.29M	10.58M	2.47M	9.78M	7.1M
Total Revenues (As Reported)	13.24M	20.59M	10.75M	18.23M	15.52M
Effective Tax Rate - (Ratio)	5.39	-4.57	0.03	-16.06	12.47
Total Current Taxes	59K	75K	29K	-2K	40K
Total Deferred Taxes	277K	-373K	-31K	-1.12M	1.02M
Normalized Net Income	3.04M	7.28M	-2.04M	3.43M	4.67M
Interest on Long-Term Debt	173K	205K	207K	186K	199K
Non-Cash Pension Expense	-126K	-53K	-25K	7K	7K
Supplemental Operating Expense Items
General and Administrative Expenses	3.29M	2.82M	2.93M	3.06M	2.96M
Net Rental Expense, Total	202K	300K	200K	180K	160K
Imputed Operating Lease Interest Expense	78.71K	80.29K	38.93K	109K	109K
Imputed Operating Lease Depreciation	123K	220K	161K	71.23K	50.56K
Stock-Based Comp., SG&A Exp. (Total)	313K	666K	260K	477K	504K
Total Stock-Based Compensation	313K	666K	260K	477K	504K

Fiscal Period: December	2021 (CHF)	2022 (CHF)	2023 (CHF)	2024 (CHF)	2025 (CHF)
Assets
Cash And Equivalents	7.49M	8.28M	2.6M	15.06M	2.39M
Short Term Investments	-	-	18.5M	14.18M	13.3M
Trading Asset Securities, Total	14.27M	8.61M	11.79M	11.5M	9.96M
Total Cash And Short Term Investments	21.76M	16.89M	32.89M	40.74M	25.65M
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	3.17M	1.66M	2.03M	1.56M	11.27M
Total Receivables	3.17M	1.66M	2.03M	1.56M	11.27M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	5.59M	3.18M	5.28M	11.18M	-
Total Current Assets	30.52M	21.73M	40.19M	53.48M	36.92M
Gross Property Plant And Equipment	3.8M	4.39M	4.68M	4.79M	4.84M
Accumulated Depreciation	-2.5M	-3.15M	-3.42M	-3.69M	-4.06M
Net Property Plant And Equipment	1.29M	1.24M	1.26M	1.1M	775K
Long-term Investments	83.19M	90.56M	46.88M	41.99M	41.62M
Goodwill	1.67M	1.73M	1.28M	1.13M	1.34M
Other Intangibles, Total	9K	19K	12K	7K	2K
Loans Receivable Long-Term	-	-	-	9.5M	5.5M
Deferred Tax Assets Long-Term	-	-	-	400K	-
Other Long-Term Assets, Total	56.69M	89.01M	48.19M	31.57M	39M
Total Assets	173M	204M	138M	139M	125M
Liabilities
Accounts Payable, Total	619K	482K	913K	655K	468K
Accrued Expenses, Total	4.28M	4.02M	3.52M	4M	1.64M
Short-term Borrowings	7.04M	15.88M	15.51M	16.38M	2.78M
Current Portion of Long-Term Debt	400K	-	-	-	-
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	622K	147K	155K	144K	158K
Other Current Liabilities	3.11M	102K	200K	24.11M	16.37M
Total Current Liabilities	16.07M	20.63M	20.3M	45.29M	21.41M
Long-Term Debt	11.5M	54.3M	22M	-	-
Long-Term Leases	2.44M	2.46M	2.22M	1.85M	1.78M
Pension & Other Post Retirement Benefits	1.11M	144K	530K	835K	709K
Deferred Tax Liability Non Current	658K	356K	235K	-	517K
Other Non Current Liabilities	24.31M	364K	251K	214K	71K
Total Liabilities	56.09M	78.25M	45.54M	48.18M	24.49M
Common Stock, Total	4.3M	4.3M	3.13M	3.02M	3.02M
Retained Earnings	101M	108M	95.02M	111M	112M
Treasury Stock	-5.58M	-4.54M	-5.46M	-2.95M	-1.84M
Comprehensive Income and Other	2.66M	3M	-11.06M	-19.43M	-12.12M
Total Common Equity	102M	111M	81.64M	91.61M	101M
Minority Interest	15M	15.32M	10.64M	-622K	-683K
Total Equity	117M	126M	92.27M	90.98M	101M
Total Liabilities And Equity	173M	204M	138M	139M	125M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.95M	4.01M	2.77M	2.84M	2.91M
ECS Total Common Shares Outstanding	3.95M	4.01M	2.77M	2.84M	2.91M
Book Value / Share	25.93	27.6	29.5	32.3	34.87
Tangible Book Value	101M	109M	80.34M	90.47M	100M
Tangible Book Value Per Share	25.5	27.17	29.03	31.9	34.41
Total Debt	21.38M	72.64M	39.73M	18.23M	4.56M
Net Debt	-381K	55.75M	6.84M	-22.51M	-21.1M
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.11M	144K	530K	835K	709K
Debt Equivalent Oper. Leases	1.62M	2.4M	1.6M	1.44M	1.28M
Minority Interest, Total (Incl. Fin. Div)	15M	15.32M	10.64M	-622K	-683K
Equity Method Investments, Total	33.19M	38.38M	39.78M	41.99M	41.62M
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	-	-	-	-	-
Machinery, Total	407K	415K	361K	343K	368K
Full Time Employees	68	67	38.8	36.1	35.5
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021 (CHF)	2022 (CHF)	2023 (CHF)	2024 (CHF)	2025 (CHF)
Net Income	5.19M	7.18M	-3.57M	7.01M	7.41M
Depreciation & Amortization - CF	662K	635K	432K	315K	331K
Depreciation & Amortization, Total	662K	635K	432K	315K	331K
Amortization of Deferred Charges, Total - (CF)	5K	6K	4K	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-455K	2.8M	198K	101K	5.32M
(Income) Loss On Equity Investments - (CF)	-3.47M	-10.27M	-3.56M	-11.92M	-6.33M
Net Cash From Discontinued Operations	-	435K	-	-	-
Other Operating Activities, Total	-864K	-723K	7.92M	2.5M	-7.47M
Change in Trading Asset Securities	-	-	-	-	-
Change In Accounts Receivable	-	-	-	-	-
Change In Accounts Payable	-21K	-122K	9K	-257K	-182K
Change in Other Net Operating Assets	22.49M	-2.04M	324K	1.63M	-10.51M
Cash from Operations	23.53M	-2.1M	1.76M	-616K	-11.43M
Capital Expenditure	-542K	-922K	-1.32M	-1.66M	-545K
Sale of Property, Plant, and Equipment	-	-	285K	-	-
Cash Acquisitions	-	-	-	-267K	-40K
Divestitures	10K	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-662K	-908K	-770K	-625K	-4.05M
Other Investing Activities, Total	-15.69M	-22.7M	29.68M	16.68M	11.38M
Cash from Investing	-16.88M	-24.53M	27.88M	14.12M	6.75M
Short Term Debt Issued, Total	-	8.78M	652K	70K	-
Long-Term Debt Issued, Total	-	19.5M	-	959K	-
Total Debt Issued	-	28.28M	652K	1.03M	-
Short Term Debt Repaid, Total	-8.46M	-	-	-	-7.29M
Long-Term Debt Repaid, Total	-310K	-	-31.14M	-	-449K
Total Debt Repaid	-8.77M	-	-31.14M	-	-7.74M
Issuance of Common Stock	313K	574K	-	-	-
Repurchase of Common Stock	-	-	-1.19M	-	-
Common Dividends Paid	-	-	-	-1.38M	-
Common & Preferred Stock Dividends Paid	-	-	-	-1.38M	-
Other Financing Activities, Total	-720K	-1.45M	-3.43M	-618K	-344K
Cash from Financing	-9.18M	27.41M	-35.12M	-973K	-8.08M
Foreign Exchange Rate Adjustments	-	-	-199K	-75K	97K
Net Change in Cash	-2.53M	782K	-5.68M	12.46M	-12.67M
Supplemental Items
Cash Interest Paid	1.06M	1.78M	1M	618K	344K
Cash Income Tax Paid (Refund)	185K	67K	17K	12K	23K
Levered Free Cash Flow	15.08M	5.71M	-1.44M	22.93M	-4.82M
Unlevered Free Cash Flow	15.74M	6.82M	-583K	23.78M	-4.21M
Change In Net Working Capital	-13.4M	-35K	1.36M	-18.68M	8.8M
Net Debt Issued / Repaid	-8.77M	28.28M	-30.49M	1.03M	-7.74M

Fiscal Period: December	2021 (CHF)	2022 (CHF)	2023 (CHF)	2024 (CHF)	2025 (CHF)
Profitability
Return on Assets	1.1	3.39	0.81	4.31	3.25
Return on Total Capital	1.42	3.66	0.84	5.45	4.01
Return On Equity %	5.25	5.6	-5.92	8.82	7.75
Return on Common Equity	5.3	6.34	-3.69	8.1	7.68
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	68.84	44.91	71.86	42.92	50.86
EBITDA Margin %	23.29	49.92	21.12	51.54	44.6
EBITA Margin %	22.92	49.74	20.79	51.32	44.23
EBIT Margin %	22.92	49.74	20.79	51.32	44.23
Income From Continuing Operations Margin %	44.52	33.08	-60.37	43.43	47.74
Net Income Margin %	39.15	34.88	-33.18	37.67	47.63
Net Avail. For Common Margin %	39.15	32.77	-33.18	37.67	47.63
Normalized Net Income Margin	22.9	35.33	-19.01	18.44	30
Levered Free Cash Flow Margin	113.75	27.72	-13.37	123.2	-30.97
Unlevered Free Cash Flow Margin	118.74	33.12	-5.42	127.76	-27.05
Asset Turnover
Asset Turnover	0.08	0.11	0.06	0.13	0.12
Fixed Assets Turnover	10.94	16.25	8.58	15.78	16.61
Receivables Turnover (Average Receivables)	-	-	-	-	-
Short Term Liquidity
Current Ratio	1.9	1.05	1.98	1.18	1.72
Quick Ratio	1.55	0.9	1.72	0.93	1.72
Operating Cash Flow to Current Liabilities	1.46	-0.1	0.09	-0.01	-0.53
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	18.23	57.63	43.06	20.03	4.53
Total Debt / Total Capital	15.42	36.56	30.1	16.69	4.33
LT Debt/Equity	11.88	45.03	26.25	2.03	1.77
Long-Term Debt / Total Capital	10.05	28.57	18.35	1.69	1.69
Total Liabilities / Total Assets	32.35	38.3	33.04	34.62	19.57
EBIT / Interest Expense	2.87	5.76	1.63	7.03	7.06
EBITDA / Interest Expense	3.49	6.11	1.95	7.27	7.4
(EBITDA - Capex) / Interest Expense	2.98	5.59	0.99	6.04	6.84
Total Debt / EBITDA	5.78	6.68	14.9	1.85	0.63
Net Debt / EBITDA	-0.1	5.12	2.57	-2.28	-2.93
Total Debt / (EBITDA - Capex)	6.77	7.29	29.39	2.22	0.68
Net Debt / (EBITDA - Capex)	-0.12	5.6	5.06	-2.74	-3.16
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	33.82	55.41	-47.81	73.13	-16.42
Gross Profit, 1 Yr. Growth %	33.82	55.41	-47.81	73.13	-16.42
EBITDA, 1 Yr. Growth %	-487.33	233.14	-77.92	322.5	-27.68
EBITA, 1 Yr. Growth %	-458.25	237.26	-78.19	327.43	-27.97
EBIT, 1 Yr. Growth %	-458.25	237.26	-78.19	327.43	-27.97
Earnings From Cont. Operations, 1 Yr. Growth %	-167.49	15.47	-195.26	-224.56	-8.13
Net Income, 1 Yr. Growth %	-161.9	38.44	-149.66	-296.55	5.66
Normalized Net Income, 1 Yr. Growth %	-177.92	139.75	-126.49	-281.09	53.86
Diluted EPS Before Extra, 1 Yr. Growth %	-179.52	28.49	-163.36	-333.63	3.12
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	14.13	-3.79	1.53	-13	-29.42
Total Assets, 1 Yr. Growth %	0.38	17.84	-32.89	0.99	-10.07
Tangible Book Value, 1 Yr. Growth %	9.65	8.31	-26.98	12.6	10.55
Common Equity, 1 Yr. Growth %	9.53	8.25	-26.97	12.21	10.64
Cash From Operations, 1 Yr. Growth %	-400.56	-108.92	-184.04	-134.92	1.76K
Capital Expenditures, 1 Yr. Growth %	-12.3	70.11	42.62	26.54	-67.25
Levered Free Cash Flow, 1 Yr. Growth %	-318.66	-62.12	-130.93	-1.7K	-121.01
Unlevered Free Cash Flow, 1 Yr. Growth %	-348.43	-56.65	-110.12	-4.18K	-117.7
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.39	44.21	-9.94	-4.94	20.29
Gross Profit, 2 Yr. CAGR %	16.02	44.21	-9.94	-4.94	20.29
EBITDA, 2 Yr. CAGR %	48.33	259.21	-14.23	-3.41	74.8
EBITA, 2 Yr. CAGR %	45	247.6	-14.23	-3.44	75.46
EBIT, 2 Yr. CAGR %	45	247.6	-14.23	-3.44	75.46
Earnings From Cont. Operations, 2 Yr. CAGR %	37.09	-11.72	4.88	8.93	6.97
Net Income, 2 Yr. CAGR %	240.36	-7.43	-17.09	-1.2	44.11
Normalized Net Income, 2 Yr. CAGR %	33.23	36.68	-17.95	-33.3	56.91
Diluted EPS Before Extra, 2 Yr. CAGR %	117.94	1.08	-9.77	21.67	55.22
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-14.22	4.79	-1.17	-6.01	-21.64
Total Assets, 2 Yr. CAGR %	1.41	8.76	-10.84	-17.68	-4.7
Tangible Book Value, 2 Yr. CAGR %	-1.36	8.98	-10.64	-9.32	11.57
Common Equity, 2 Yr. CAGR %	-1.57	8.89	-10.66	-9.47	11.42
Cash From Operations, 2 Yr. CAGR %	951.07	-48.22	-72.62	-45.83	154.58
Capital Expenditures, 2 Yr. CAGR %	2.29	22.14	55.76	34.34	-35.62
Levered Free Cash Flow, 2 Yr. CAGR %	595.75	-8.99	-69.12	122.12	83.08
Unlevered Free Cash Flow, 2 Yr. CAGR %	280.74	3.78	-80.75	103.18	168.68
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.68	34.69	2.77	11.98	-8.93
Gross Profit, 3 Yr. CAGR %	6.68	27.89	2.77	11.98	-8.93
EBITDA, 3 Yr. CAGR %	102.28	94.25	41.77	45.94	-12.29
EBITA, 3 Yr. CAGR %	92.33	92.12	38.13	46.5	-12.43
EBIT, 3 Yr. CAGR %	92.33	92.12	38.13	46.5	-12.43
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.07	29.47	-9.45	11.07	2.92
Net Income, 3 Yr. CAGR %	1.08	152.18	-24.78	10.56	1.03
Normalized Net Income, 3 Yr. CAGR %	239.44	62.05	-19.35	4.18	-15.43
Diluted EPS Before Extra, 3 Yr. CAGR %	6.53	82.75	-13.49	23.9	15.14
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-21.26	-10.88	3.69	-5.28	-14.57
Total Assets, 3 Yr. CAGR %	1.87	6.62	-7.25	-7.06	-15.21
Tangible Book Value, 3 Yr. CAGR %	-1.84	1.76	-4.33	-3.48	-3.13
Common Equity, 3 Yr. CAGR %	-1.91	1.6	-4.38	-3.61	-3.21
Cash From Operations, 3 Yr. CAGR %	171.64	114.39	-39.15	-70.31	75.95
Capital Expenditures, 3 Yr. CAGR %	-23.17	21.19	28.62	45.34	-16.08
Levered Free Cash Flow, 3 Yr. CAGR %	28.1	163.69	-40.71	15	1.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	34.94	84.54	-54.85	14.75	-9.93
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.3	10.96	-0.3	17.16	9.45
Gross Profit, 5 Yr. CAGR %	-1.3	10.96	-0.3	13.58	9.45
EBITDA, 5 Yr. CAGR %	-12.69	39.68	43.52	46.89	54.16
EBITA, 5 Yr. CAGR %	-13.23	38.4	39.24	45.9	52
EBIT, 5 Yr. CAGR %	-13.23	38.4	39.24	45.9	52
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.22	19.93	-1.21	20.82	-3.21
Net Income, 5 Yr. CAGR %	-34.56	24.7	-6.62	73.35	-2.44
Normalized Net Income, 5 Yr. CAGR %	-23.44	31.19	92.35	14.95	3.68
Diluted EPS Before Extra, 5 Yr. CAGR %	-18.17	19.2	-0.32	55.3	9.3
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-26.83	-26.92	-13.77	-8.96	-7.3
Total Assets, 5 Yr. CAGR %	-1.68	2.86	-3.42	-3.76	-6.24
Tangible Book Value, 5 Yr. CAGR %	-1.78	-0.94	-5.46	-2.64	1.74
Common Equity, 5 Yr. CAGR %	-1.86	-1.03	-5.51	-2.8	1.65
Cash From Operations, 5 Yr. CAGR %	-46.51	-13.88	8.48	23.66	7.87
Capital Expenditures, 5 Yr. CAGR %	61.72	27.56	1.93	26.29	-2.48
Levered Free Cash Flow, 5 Yr. CAGR %	-17.92	-19.89	-27.49	136.27	-6.92
Unlevered Free Cash Flow, 5 Yr. CAGR %	-18.4	-17.96	-38.08	85.39	-7.85
Dividend Per Share, 5 Yr. CAGR %	-	-	37.97	-	-