Evotec SE Sponsored ADR (EVO) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.04	-$0.13	-225.0%	—	$143.5M	—
Q1 26	-$0.17	-$0.34	-100.0%	—	$156.6M	—
Q2 25	-$0.13	-$0.12	+7.7%	—	$171.2M	—
Q1 25	-$0.12	-$0.09	+25.0%	—	$200M	—
Q3 24	-$0.08	-$0.12	-50.0%	—	$213.8M	—
Q2 24	-$0.01	-$0.09	-800.0%	—	$182.1M	—
Q1 24	-$0.02	-$0.05	-150.0%	—	$208.7M	—
Q3 23	-$0.04	-$0.11	-175.0%	—	$196.3M	—
Q2 23	$0.11	-$0.04	-136.4%	—	$170.3M	—
Q1 23	$0.1	-$0.08	-180.0%	—	$213.6M	—
Q4 22	$0.1	-$0.13	-230.0%	—	$240.7M	—
Q3 22	$0.15	-$0.13	-186.7%	—	$173.9M	—
Q2 22	$0.03	-$0.08	-366.7%	—	$172.2M	—
Q1 22	$0.06	-$0.2	-433.3%	—	$164.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.29	—	—	$788.4M	—
FY24	—	-$0.56	—	—	$797M	—
FY23	—	-$0.23	—	—	$781.4M	—
FY22	—	-$0.49	—	—	$751.4M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$164.5M	$263.8M	$375.4M	$446.4M	$500.9M	$618M	$751.4M	$781.4M	$797M	$788.4M
YoY change	+28.8%	+60.3%	+42.3%	+18.9%	+12.2%	+23.4%	+21.6%	+3.99%	+1.99%	-1.08%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	164.5M	263.8M	375.4M	446.4M	500.9M	618M	751.4M	781.4M	797M	788.4M
Cost of revenue	106M	182M	263.4M	313.5M	375.2M	466.5M	577.4M	606.4M	682.1M	674.2M
Gross profit	58.6M	81.8M	112M	132.9M	125.7M	151.5M	174.1M	175.1M	114.9M	114.2M
Gross margin	35.6%	31%	29.8%	29.8%	25.1%	24.5%	23.2%	22.4%	14.4%	14.5%
Research & development	15.7M	15.3M	30.2M	54.6M	59.6M	65.7M	69.4M	57.5M	50.9M	37.5M
Selling, general & administrative	27M	42.4M	57M	66.4M	77.2M	105.4M	156.2M	169.6M	188.2M	176M
Operating expenses	30.3M	57M	58.1M	75.9M	93.3M	132.6M	178.3M	242.4M	229.1M	211.7M
Operating income	36.7M	34.9M	66.4M	74.6M	51.8M	41.7M	20.9M	-42.5M	-78.9M	-55.8M
Operating margin	22.3%	13.2%	17.7%	16.7%	10.3%	6.74%	2.77%	-5.44%	-9.9%	-7.08%
Non-operating income, net	-3.1M	-12M	7.3M	-12.7M	-18.8M	202.3M	-170M	-35.6M	-105.8M	-20.9M
Pretax income	33M	25.6M	72M	56.7M	25.8M	237M	-154M	-80.6M	-194M	-86.8M
Income tax	6.1M	2.3M	-12.1M	19.4M	19.6M	21.5M	21.7M	3.3M	2.1M	16.8M
Net income	26.8M	23.2M	84.1M	37.3M	6.3M	215.5M	-175.7M	-83.9M	-196.1M	-103.5M
Net margin	16.3%	8.8%	22.4%	8.36%	1.25%	34.9%	-23.4%	-10.7%	-24.6%	-13.1%
EBITDA	49.1M	57.6M	94.8M	123.5M	99M	122.1M	124.7M	59M	21.5M	28.2M
EPS	0.1	0.08	0.28	0.13	0.02	0.65	-0.49	-0.23	-0.56	-0.29
Diluted EPS	0.1	0.08	0.28	0.13	0.02	0.65	-0.49	-0.23	-0.56	-0.29

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	196.3M	201.3M	208.7M	182.1M	213.8M	221.2M	200M	171.2M	163.9M	253.3M	156.6M	143.5M
Cost of revenue	158.5M	163.6M	174M	166.4M	192.7M	175.1M	172.8M	162.6M	163.9M	174.8M	158.2M	145.1M
Gross profit	37.8M	37.7M	34.8M	15.7M	21.1M	46.1M	27.2M	8.6M	-62K	78.5M	-1.6M	-1.6M
Gross margin	19.3%	18.7%	16.7%	8.64%	9.89%	20.8%	13.6%	5.02%	-0.04%	31%	-1%	-1.1%
Research & development	17.5M	9.2M	16.2M	13M	13.7M	9.7M	10.8M	8.2M	8.7M	9.8M	10.1M	10.3M
Selling, general & administrative	39.3M	42.1M	45.9M	46M	53.7M	49.9M	47.7M	41.6M	42.3M	44.4M	43.8M	39.3M
Operating expenses	50M	74.1M	53M	51.9M	59M	73.3M	47M	37.2M	44.5M	82.9M	44.9M	87.7M
Operating income	-12.2M	-11.7M	-18.2M	-36.1M	-37.8M	8.1M	-19.8M	-28.6M	-44.6M	37.2M	-46.4M	-89.3M
Operating margin	-6.2%	-5.8%	-8.72%	-19.8%	-17.7%	3.68%	-9.91%	-16.7%	-27.2%	14.7%	-29.6%	-62.3%
Non-operating income, net	-16.7M	-10.3M	-7.3M	-66M	-15.3M	-19.2M	-8.8M	-10M	3.1M	-5.1M	-75M	44M
Pretax income	-29.9M	-24M	-26.8M	-104.5M	-54.2M	-15.9M	-29.9M	-43.4M	-43M	29.5M	-122.2M	-48.1M
Income tax	9M	-7.9M	-6.1M	-9.5M	-8.4M	25M	1.7M	59K	127K	14.8M	-244K	-1.5M
Net income	-39M	-16.1M	-20.7M	-94.9M	-45.8M	-40.8M	-31.6M	-43.5M	-43.1M	14.6M	-121.9M	-46.6M
Net margin	-19.8%	-8.01%	-9.9%	-52.1%	-21.4%	-18.5%	-15.8%	-25.4%	-26.3%	5.77%	-77.8%	-32.5%
EBITDA	-9.8M	-2.1M	-15.9M	-32.9M	-52M	13.6M	-27.3M	-38.7M	-42.1M	36.8M	-44.8M	-91M
EPS	-0.11	—	-0.06	-0.27	-0.11	—	-0.09	-0.12	-0.12	—	-0.34	—
Diluted EPS	-0.11	—	-0.06	-0.27	-0.11	—	-0.09	-0.12	-0.12	—	-0.34	—

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	984.1M	2.2B	2.8B	3.7B	5.4B	7.5B	2.7B	3.6B	—	1.1B	565.1M
Enterprise value	885.1M	2.3B	2.8B	3.8B	5.4B	7.2B	2.5B	3.6B	—	1.1B	655.3M
Shares outstanding	252.8M	276.7M	281.4M	285.7M	293.4M	317.5M	337.1M	307.3M	354.6M	355.2M	355.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	36.7	95.6	33.3	98.4	857.3	35	—	—	—	—	-5.47
P/S	5.98	8.42	7.46	8.22	10.7	12.2	3.63	4.61	—	1.39	0.79
P/B	4.6	6.69	6.59	7.7	7.43	5.47	2.3	3.22	—	1.34	0.75
EV/EBITDA	18	40.3	29.2	30.9	54.4	58.9	20.3	61.5	—	38.2	-7.86
EV/Sales	5.38	8.79	7.37	8.54	10.7	11.6	3.36	4.65	—	1.37	0.8
Earnings yield	2.73%	1.05%	3%	1.02%	0.12%	2.86%	—	—	—	—	-18.3%
FCF yield	5.81%	-0.3%	4.58%	0.28%	-1.01%	0.1%	0.9%	-4.98%	—	-8.39%	-16.3%
PEG	—	—	—	—	—	—	—	—	—	—	-8.37

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	35.6%	31%	29.8%	29.8%	25.1%	24.5%	23.2%	22.4%	14.4%	14.5%	-1.1%
Operating margin	22.3%	13.2%	17.7%	16.7%	10.3%	6.74%	2.77%	-5.44%	-9.9%	-7.08%	-62.3%
Net margin	16.3%	8.8%	22.4%	8.36%	1.25%	34.9%	-23.4%	-10.7%	-24.6%	-13.1%	-27.5%
ROE	12.5%	7%	19.8%	7.82%	0.87%	15.6%	-14.8%	-7.49%	-20.6%	-12.7%	-26.1%
ROA	7.58%	3.48%	10.9%	3.16%	0.43%	9.64%	-7.78%	-3.73%	-10.3%	-6.04%	-5.39%
ROIC	26.1%	7.37%	17.1%	7.94%	1.74%	3.67%	2.11%	-3.7%	-7.9%	-6.99%	-21.8%
Return on tangible assets	23.1%	-52.2%	99.7%	8.58%	0.81%	13%	-10.6%	-5.02%	-15.2%	-9.36%	-15.5%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.31	0.73	1.27	2.62	3.16	3.39	3.18	1.94	1.98	2.07	2.33
Quick ratio	2.25	0.71	1.24	2.56	3.1	3.31	3.09	1.88	1.89	1.99	2.21
Debt / equity	0.13	0.57	0.27	0.97	0.68	0.37	0.43	0.56	0.47	0.55	0.71
Debt / assets	0.08	0.28	0.15	0.39	0.34	0.23	0.22	0.28	0.23	0.26	0.3
Net debt / EBITDA	-2.02	1.7	-0.37	1.15	-0.01	-2.83	-1.61	0.46	2.18	-0.54	0.05
Interest coverage	22.6	21.3	28.8	8.6	4.05	26.6	-10.7	-5.87	-15.6	-5.01	-14.8
Effective tax rate	18.5%	9.18%	0%	34.2%	75.7%	9.06%	0%	0%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	0.65	0.95	1.33	1.56	1.71	1.95	2.23	2.54	2.25	2.22	2.02
EPS (basic)	0.1	0.08	0.28	0.13	0.02	0.65	-0.49	-0.23	-0.56	-0.29	-0.29
EPS (diluted)	0.1	0.08	0.28	0.13	0.02	0.65	-0.49	-0.23	-0.56	-0.29	-0.64
Book value per share	0.85	1.2	1.51	1.67	2.47	4.34	3.52	3.64	2.69	2.29	2.13
FCF per share	0.23	-0.02	0.46	0.04	-0.19	0.02	0.07	-0.58	-0.32	-0.26	-0.52
Cash per share	0.51	0.33	0.53	1.13	1.68	2.7	2.1	1.95	1.12	1.3	1.31
Capex per share	0.04	0.06	0.1	0.11	0.34	0.37	0.54	0.69	0.33	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.08%	6.4%	7.42%	7.02%	19.8%	19.2%	24.1%	27.2%	14.5%	—	—
Capex / operating cash flow	16.7%	360.4%	17.3%	144.1%	339.8%	38%	838.1%	872.8%	-212.4%	—	—
Payout ratio	—	—	—	—	—	0%	0%	0%	0%	0%	0%
Dividend yield	—	—	—	—	—	0%	0%	0%	—	0%	54.7%

Yield

54.7%

trailing twelve months

Frequency

Monthly

Last dividend

$0.0181

ex-dividend Jan 11, 2019

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jan 11, 2019	$0.0181
Dec 12, 2018	$0.0113
Nov 9, 2018	$0.0113
Nov 8, 2018	$0.0113
Oct 10, 2018	$0.0113
Sep 13, 2018	$0.0113
Aug 10, 2018	$0.0113

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$196.3M	$201.3M	$208.7M	$182.1M	$213.8M	$221.2M	$200M	$171.2M	$163.9M	$253.3M	$156.6M	$143.5M
YoY change	+12.9%	-16.4%	-2.26%	+6.96%	+8.95%	+9.89%	-4.19%	-5.98%	-23.4%	+14.5%	-21.7%	-16.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	127.9M	91.9M	149.9M	321.7M	492.6M	858.5M	707.3M	598.9M	396.8M	463M
Receivables	28.3M	46.1M	45.9M	82.3M	87.9M	132.1M	171.8M	98.4M	116.3M	136M
Inventory	4.3M	5.6M	5.7M	10.7M	13.6M	25.8M	29.8M	30.9M	31.1M	29.3M
Total current assets	169.2M	177.8M	249.8M	469.5M	658.8M	1.1B	1.1B	903.2M	682M	762.9M
Property, plant & equipment	43M	76.1M	63.4M	203.1M	122.2M	106.1M	409.9M	532.2M	500.9M	240.7M
Goodwill & intangibles	237.9M	711M	687.6M	745.8M	690.8M	576.8M	597.3M	582.2M	618.6M	607.9M
Total assets	354.1M	666.5M	771.9M	1.2B	1.5B	2.2B	2.3B	2.3B	1.9B	1.7B
Accounts payable	12M	26.1M	31.1M	31.3M	42.5M	72.6M	97.3M	134.3M	85.8M	64.8M
Short-term debt	21.6M	168.5M	56.9M	20.7M	30M	50.6M	16.4M	149.1M	50.8M	103.7M
Total current liabilities	73.4M	242.9M	196.3M	179M	208.5M	324.5M	337.7M	464.6M	344.6M	368.1M
Long-term debt	7.2M	21.5M	57.5M	442.4M	462M	462.3M	490.3M	477.1M	392.7M	344M
Total liabilities	140.2M	334.6M	347M	703.9M	737.9M	857.5M	1.1B	1.1B	960M	900.2M
Shareholders' equity	213.9M	331.9M	424.9M	477M	724.5M	1.4B	1.2B	1.1B	952.5M	813.7M
Total debt	28.8M	189.9M	114.5M	463.1M	492M	512.9M	506.7M	626.2M	443.5M	447.7M
Net debt	-55.1M	122.9M	5.4M	186.1M	69.4M	-186.4M	106M	127.1M	137.2M	45.9M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	619.2M	598.9M	518.8M	309.2M	437.8M	396.8M	378.7M	356.4M	242.8M	463M	463.8M	483.6M
Receivables	134M	98.4M	115.8M	120.3M	113M	116.3M	167.3M	85.2M	103.8M	136M	98.3M	96.4M
Inventory	31.9M	30.9M	31.8M	37.3M	41.4M	31.1M	33.5M	34.6M	31.2M	29.3M	33M	38.6M
Total current assets	939.2M	903.2M	826.1M	655.5M	807.4M	682M	723.9M	604.4M	793.1M	762.9M	711.3M	728.9M
Property, plant & equipment	—	532.2M	—	—	—	500.9M	—	—	—	240.7M	—	—
Goodwill & intangibles	291.1M	582.2M	295.1M	296.1M	342.2M	618.6M	308.3M	304.3M	300.6M	607.9M	305.4M	306.5M
Total assets	2.3B	2.3B	2.2B	2B	2.3B	1.9B	1.9B	1.8B	1.8B	1.7B	1.6B	1.6B
Accounts payable	96.8M	134.3M	99.1M	86.9M	80.8M	85.8M	61.3M	58M	49.5M	64.8M	54.9M	49.1M
Short-term debt	144.3M	149.1M	154.8M	45.3M	61.9M	50.8M	60.9M	—	—	—	—	61.5M
Total current liabilities	434M	464.6M	443M	357.5M	385.9M	344.6M	356.9M	383.2M	374.5M	368.1M	423.4M	312.5M
Long-term debt	444.5M	477.1M	472.7M	428.2M	481.7M	392.7M	—	—	—	344M	298.8M	414.3M
Total liabilities	1.1B	1.1B	1.1B	987.4M	1.2B	960M	1B	962.5M	972.6M	900.2M	940.2M	908.4M
Shareholders' equity	1.1B	1.1B	1.1B	1B	1.1B	952.5M	912.1M	845.8M	800.1M	813.7M	699.6M	665.6M
Total debt	588.7M	626.2M	627.6M	473.5M	543.7M	443.5M	60.9M	—	—	344M	298.8M	475.9M
Net debt	89.4M	127.1M	199.2M	251.6M	276.1M	137.2M	-224.5M	—	—	-57.8M	-89.1M	127.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	26.8M	23.2M	84.1M	37.3M	6.3M	215.5M	-175.7M	-83.9M	-196.1M	-103.5M
Depreciation & amortization	11.9M	20.8M	31.3M	48.8M	56.1M	70.4M	83.2M	93M	101.6M	99.5M
Stock-based compensation	4M	2.9M	4.2M	3.6M	5.3M	7.8M	9.9M	9.6M	5M	3.8M
Change in working capital	17.9M	-37.7M	65.5M	-81.2M	-52.4M	-21.1M	89.9M	—	—	-60.8M
Operating cash flow	59.9M	4.7M	160.8M	21.7M	29.2M	312.8M	21.6M	24.4M	-54.4M	-9.2M
Capital expenditure	-10M	-16.9M	-27.9M	-31.3M	-99.1M	-118.9M	-181.4M	-212.8M	-115.5M	—
Investing cash flow	-5.8M	-269M	-39.1M	-86.1M	-155.1M	-251.2M	-419.9M	-21M	-62.1M	248.8M
Dividends paid	—	—	—	—	—	0	0	0	0	0
Share repurchases	—	—	—	—	—	—	—	—	—	-1.5M
Financing cash flow	-20.5M	238.6M	-79.3M	209.4M	244.8M	398.4M	-52.4M	84.8M	-155.9M	-32.4M
Net change in cash	33.5M	-25.7M	42.3M	145M	118.9M	460M	-450.7M	88.2M	-272.3M	207.2M
Free cash flow	57.2M	-6.8M	128.4M	10.3M	-54.4M	7.7M	24.5M	-179.6M	-114M	-91.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-39M	-16.1M	-20.7M	-94.9M	-45.8M	-40.8M	-31.6M	-43.5M	-43.1M	14.6M	-121.9M	-46.6M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	10.1M	-122.5M	11.9M	-36.3M	-9.1M	-130.9M	1.4M	26.6M	-67.6M	63.6M	-3.9M	-107.2M
Capital expenditure	-45.9M	-62.8M	-35.7M	-35.2M	-29.7M	-14.8M	-18.1M	—	—	—	—	—
Investing cash flow	-21.8M	-40.1M	-29M	-32.6M	-28.7M	24.4M	-19.3M	836K	12.3M	236.9M	-3.6M	98.2M
Dividends paid	0	—	0	0	0	0	0	0	0	0	0	0
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	43.4M	31.2M	-6.1M	-115.4M	-6.9M	-28.3M	36.2M	-12M	-11.2M	-43.9M	-19.1M	55.7M
Net change in cash	31.7M	-131.4M	-23.2M	-184.3M	-44.8M	-134.8M	18.3M	15.4M	-66.4M	256.6M	-26.6M	46.8M
Free cash flow	-22.2M	-44.8M	-87.4M	-86M	16.5M	49.1M	-53.6M	2.7M	-89M	48.1M	-14.7M	-118.2M

Date	Ratio
Oct 20, 2021	4:1
May 5, 2008	10000:5271

Evotec SE Sponsored ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history