Pharvaris Income 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	2019 - 2018
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	2019 - 2018
Selling, General & Admin	45.78	47.12	31.34	29.34	18.35	5.5	Upgrade
Research & Development	121.54	98.56	65.58	57.38	35.79	19.51	Upgrade
Operating Expenses	167.32	145.69	96.91	86.71	54.14	25.01	Upgrade
Operating Income	-167.32	-145.69	-96.91	-86.71	-54.14	-25.01	Upgrade
Interest Expense	-	-	-	-0.02	-0.27	-0.09	Upgrade
Interest & Investment Income	5.66	5.47	0.22	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-0.37	7.87	-3.12	11.1	11.76	-0.96	Upgrade
Other Non Operating Income (Expenses)	-0.13	-0.05	-0.02	-0.02	-0.01	-0.01	Upgrade
Pretax Income	-162.16	-132.4	-99.83	-75.65	-42.66	-26.07	Upgrade
Income Tax Expense	1.56	1.83	1.05	0.68	0.07	-0.08	Upgrade
Net Income	-163.72	-134.22	-100.88	-76.33	-42.73	-25.99	Upgrade
Net Income to Common	-163.72	-134.22	-100.88	-76.33	-42.73	-25.99	Upgrade
Shares Outstanding (Basic)	56	54	38	34	30	5	Upgrade
Shares Outstanding (Diluted)	56	54	38	34	30	5	Upgrade
Shares Change (YoY)	9.65%	40.71%	14.31%	10.44%	527.05%	0.30%	Upgrade
EPS (Basic)	-2.90	-2.48	-2.63	-2.27	-1.41	-5.36	Upgrade
EPS (Diluted)	-2.90	-2.48	-2.63	-2.27	-1.41	-5.36	Upgrade
Free Cash Flow	-134.4	-120.67	-93.14	-67.29	-44.73	-21.54	Upgrade
Free Cash Flow Per Share	-2.38	-2.23	-2.43	-2.00	-1.47	-4.44	Upgrade
EBITDA	-167.26	-145.59	-96.85	-86.56	-54.06	-25	Upgrade
D&A For EBITDA	0.06	0.09	0.06	0.15	0.08	0.01	Upgrade
EBIT	-167.32	-145.69	-96.91	-86.71	-54.14	-25.01	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.