Balance Sheet Verisure plc

Equities

VSURE

GB00BVMN1558

Business Support Services

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-04-22 pm EDT			After hours 02:25:27 pm
11.26 ^EUR	-0.97%		11.16	-0.84%

Apr. 21	SEB lowers Verisure price target to 18 euros (19), reiterates Buy	FW
Apr. 20	AMF Aktiefond Sverige declines 3.1 percent in Q1 - volatile start to the year amid geopolitical unrest	FW

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Published financial data: VERISURE PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2022	2023	2024	2025
Revenues	2.83B	3.09B	3.41B	3.75B
Total Revenues	2.83B	3.09B	3.41B	3.75B
Cost of Goods Sold, Total	1.5B	1.6B	1.76B	1.93B
Gross Profit	1.33B	1.49B	1.65B	1.81B
Selling General & Admin Expenses, Total	1.2B	1.28B	1.34B	1.51B
Other Operating Expenses	-4.76M	-4.28M	-4.91M	-5.6M
Other Operating Expenses, Total	1.2B	1.27B	1.34B	1.5B
Operating Income	134M	213M	307M	307M
Interest Expense, Total	-310M	-452M	-472M	-387M
Interest And Investment Income	950K	1.85M	1.9M	2M
Net Interest Expenses	-309M	-450M	-470M	-385M
Currency Exchange Gains (Loss)	-24.65M	-43.53M	-10.68M	-35.5M
Other Non Operating Income (Expenses)	-2.93M	-40.13M	-14.92M	-74.8M
EBT, Excl. Unusual Items	-203M	-321M	-188M	-188M
Merger & Related Restructuring Charges	-	-	-	-8.4M
EBT, Incl. Unusual Items	-203M	-321M	-188M	-196M
Income Tax Expense	34.54M	-42.69M	-3.19M	59.7M
Earnings From Continuing Operations	-237M	-278M	-185M	-256M
Net Income to Company	-237M	-278M	-185M	-256M
Net Income - (IS)	-237M	-278M	-185M	-256M
Net Income to Common Incl Extra Items	-237M	-278M	-185M	-256M
Net Income to Common Excl. Extra Items	-237M	-278M	-185M	-256M
Per Share Items
Net EPS - Basic	-3.39	-3.97	-2.65	-0.3
Basic EPS - Continuing Operations	-3.39	-3.97	-2.65	-0.3
Basic Weighted Average Shares Outstanding	70M	70M	69.8M	854M
Net EPS - Diluted	-3.39	-3.97	-2.65	-0.3
Diluted EPS - Continuing Operations	-3.39	-3.97	-2.65	-0.3
Diluted Weighted Average Shares Outstanding	70M	70M	69.8M	855M
Normalized Basic EPS	-1.81	-2.86	-1.68	-0.14
Normalized Diluted EPS	-1.81	-2.86	-1.68	-0.14
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	978M	1.13B	1.31B	1.31B
EBITA	788M	919M	1.08B	1.07B
EBIT	134M	213M	307M	307M
EBITDAR	981M	1.13B	1.32B	1.32B
Effective Tax Rate - (Ratio)	-17.02	13.31	1.7	-30.43
Current Foreign Taxes	-	-	-	118M
Total Current Taxes	74.51M	96.24M	119M	118M
Deferred Domestic Taxes	-	-	-	-8.3M
Deferred Foreign Taxes	-	-	-	-50.2M
Total Deferred Taxes	-39.97M	-139M	-122M	-58.5M
Normalized Net Income	-127M	-200M	-118M	-117M
Interest on Long-Term Debt	5.5M	6.35M	8.26M	10.4M
Non-Cash Pension Expense	-	-	-	1M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	464M
Selling and Marketing Expenses	345M	375M	391M	422M
General and Administrative Expenses	857M	902M	954M	1.09B
Net Rental Expense, Total	2.97M	1.71M	5.27M	5M
Imputed Operating Lease Interest Expense	-	803K	2.53M	2.33M
Imputed Operating Lease Depreciation	-	908K	2.74M	2.67M
Stock-Based Comp., Other (Total)	1.11M	2.17M	1.7M	22.8M
Total Stock-Based Compensation	1.11M	2.17M	1.7M	22.8M

Fiscal Period: December	2022	2023	2024	2025
Assets
Cash And Equivalents	43.73M	21.4M	30.14M	30M
Trading Asset Securities, Total	-	4K	12.56M	100K
Total Cash And Short Term Investments	43.73M	21.41M	42.7M	30.1M
Accounts Receivable, Total	248M	227M	319M	351M
Other Receivables	58.86M	88.26M	106M	151M
Total Receivables	307M	316M	425M	502M
Inventory	343M	296M	316M	282M
Prepaid Expenses	62.91M	64.09M	89.27M	127M
Other Current Assets, Total	6.24M	136K	9.13M	100K
Total Current Assets	763M	698M	882M	941M
Gross Property Plant And Equipment	1.76B	2.07B	2.38B	2.69B
Accumulated Depreciation	-283M	-459M	-613M	-788M
Net Property Plant And Equipment	1.47B	1.61B	1.76B	1.91B
Long-term Investments	1.36M	1.72M	-	-
Goodwill	7.69B	7.65B	7.57B	7.7B
Other Intangibles, Total	6.27B	5.95B	5.56B	5.47B
Accounts Receivable Long-Term	92.84M	154M	118M	136M
Deferred Tax Assets Long-Term	28.78M	103M	137M	78.2M
Other Long-Term Assets, Total	11.7M	22.66M	20.82M	47.1M
Total Assets	16.34B	16.19B	16.05B	16.28B
Liabilities
Accounts Payable, Total	189M	171M	176M	180M
Accrued Expenses, Total	231M	237M	246M	284M
Short-term Borrowings	251M	287M	301M	58.6M
Current Portion of Long-Term Debt	-	-	-	206M
Current Portion of Leases	46.38M	50.54M	56.72M	65.3M
Current Income Taxes Payable	79.78M	87.56M	104M	86.9M
Unearned Revenue Current, Total	173M	201M	209M	211M
Other Current Liabilities	179M	190M	222M	246M
Total Current Liabilities	1.15B	1.22B	1.31B	1.34B
Long-Term Debt	7.22B	7.33B	7.47B	4.86B
Long-Term Leases	114M	112M	134M	144M
Deferred Tax Liability Non Current	1.25B	1.18B	1.08B	1.01B
Other Non Current Liabilities	87.67M	162M	179M	160M
Total Liabilities	9.82B	10B	10.18B	7.51B
Common Stock, Total	359M	359M	359M	1M
Additional Paid In Capital	6.82B	6.82B	6.8B	10.2B
Retained Earnings	-425M	-704M	-890M	-1.14B
Comprehensive Income and Other	-232M	-284M	-398M	-299M
Total Common Equity	6.52B	6.19B	5.87B	8.76B
Total Equity	6.52B	6.19B	5.87B	8.76B
Total Liabilities And Equity	16.34B	16.19B	16.05B	16.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	70M	70M	69.8M	1.03B
ECS Total Common Shares Outstanding	70M	70M	69.8M	1.03B
Book Value / Share	93.14	88.44	84.14	8.48
Tangible Book Value	-7.45B	-7.41B	-7.26B	-4.4B
Tangible Book Value Per Share	-106.36	-105.9	-104	-4.26
Total Debt	7.63B	7.78B	7.96B	5.33B
Net Debt	7.58B	7.75B	7.92B	5.3B
Debt Equivalent Oper. Leases	23.75M	13.69M	42.17M	40M
Account Code - Inventory Valuation	-	-	5	5
Inventories - Raw Materials, Total	350M	303M	330M	296M
Machinery, Total	1.46B	1.73B	1.95B	2.17B
Full Time Employees	-	-	28.56K	24.77K
Part Time Employees	-	-	-	5.08K
Accumulated Allowance for Doubtful Accounts (Supple)	83.47M	99.37M	69.72M	56.9M

Fiscal Period: December	2022	2023	2024	2025
Net Income	-237M	-278M	-185M	-256M
Depreciation & Amortization - CF	241M	265M	291M	313M
Amortization of Goodwill and Intangible Assets - (CF)	654M	706M	778M	765M
Depreciation & Amortization, Total	895M	971M	1.07B	1.08B
Asset Writedown & Restructuring Costs	87.1M	114M	126M	139M
Stock-Based Compensation (CF)	-	-	-	21.1M
Other Operating Activities, Total	294M	391M	380M	408M
Change In Accounts Receivable	-93.37M	-88.41M	-62.44M	-44.6M
Change In Inventories	-86.98M	44.28M	-26.26M	32.9M
Change In Accounts Payable	-550K	-12.53M	6.72M	-100K
Change in Other Net Operating Assets	42.45M	143M	23.09M	-61.4M
Cash from Operations	901M	1.28B	1.33B	1.32B
Capital Expenditure	-440M	-465M	-478M	-504M
Cash Acquisitions	-	-	-	-204M
Sale (Purchase) of Intangible assets	-401M	-419M	-441M	-478M
Other Investing Activities, Total	-	-	-	2.1M
Cash from Investing	-841M	-884M	-919M	-1.18B
Long-Term Debt Issued, Total	830M	552M	1.05B	3.49B
Total Debt Issued	830M	552M	1.05B	3.49B
Long-Term Debt Repaid, Total	-549M	-495M	-975M	-6.19B
Total Debt Repaid	-549M	-495M	-975M	-6.19B
Issuance of Common Stock	-	-	-	3.1B
Repurchase of Common Stock	-	-	-	-16.2M
Other Financing Activities, Total	-321M	-479M	-478M	-511M
Cash from Financing	-40.23M	-422M	-402M	-131M
Foreign Exchange Rate Adjustments	-116K	-1.16M	-1.1M	-2.2M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-
Net Change in Cash	19.37M	-22.32M	8.73M	-100K
Supplemental Items
Cash Interest Paid	305M	454M	467M	412M
Cash Income Tax Paid (Refund)	77.13M	91.24M	115M	147M
Levered Free Cash Flow	-	17.91M	-43.91M	48.81M
Unlevered Free Cash Flow	-	300M	251M	290M
Change In Net Working Capital	-	-78.1M	92.71M	20.5M
Net Debt Issued / Repaid	281M	57.49M	75.84M	-2.7B

Fiscal Period: December	2022	2023	2024	2025
Profitability
Return on Assets	-	0.82	1.19	1.19
Return on Total Capital	-	0.95	1.38	1.37
Return On Equity %	-	-4.37	-3.07	-3.5
Return on Common Equity	-	-4.37	-3.07	-3.5
Margin Analysis
Gross Profit Margin %	47.11	48.09	48.34	48.37
SG&A Margin	42.54	41.33	39.46	40.32
EBITDA Margin %	34.6	36.52	38.5	35.05
EBITA Margin %	27.87	29.75	31.84	28.63
EBIT Margin %	4.73	6.89	9.02	8.2
Income From Continuing Operations Margin %	-8.4	-9	-5.43	-6.83
Net Income Margin %	-8.4	-9	-5.43	-6.83
Net Avail. For Common Margin %	-8.4	-9	-5.43	-6.83
Normalized Net Income Margin	-4.49	-6.49	-3.45	-3.13
Levered Free Cash Flow Margin	-	0.58	-1.29	1.3
Unlevered Free Cash Flow Margin	-	9.72	7.36	7.75
Asset Turnover
Asset Turnover	-	0.19	0.21	0.23
Fixed Assets Turnover	-	2	2.02	2.04
Receivables Turnover (Average Receivables)	-	13	12.48	11.19
Inventory Turnover (Average Inventory)	-	5.02	5.75	6.47
Short Term Liquidity
Current Ratio	0.66	0.57	0.67	0.7
Quick Ratio	0.31	0.28	0.36	0.4
Operating Cash Flow to Current Liabilities	0.78	1.05	1.01	0.98
Days Sales Outstanding (Average Receivables)	-	28.08	29.32	32.63
Days Outstanding Inventory (Average Inventory)	-	72.72	63.68	56.42
Average Days Payable Outstanding	-	42.16	35.68	34.16
Cash Conversion Cycle (Average Days)	-	58.65	57.31	54.9
Long Term Solvency
Total Debt/Equity	117.01	125.6	135.58	60.84
Total Debt / Total Capital	53.92	55.67	57.55	37.82
LT Debt/Equity	112.45	120.15	129.5	57.07
Long-Term Debt / Total Capital	51.82	53.26	54.97	35.48
Total Liabilities / Total Assets	60.09	61.77	63.42	46.16
EBIT / Interest Expense	0.43	0.47	0.65	0.79
EBITDA / Interest Expense	3.32	2.62	2.92	3.58
(EBITDA - Capex) / Interest Expense	1.9	1.59	1.9	2.28
Total Debt / EBITDA	7.41	6.57	5.79	3.85
Net Debt / EBITDA	7.37	6.55	5.76	3.83
Total Debt / (EBITDA - Capex)	12.96	10.82	8.87	6.05
Net Debt / (EBITDA - Capex)	12.88	10.79	8.82	6.02
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	9.3	10.29	9.9
Gross Profit, 1 Yr. Growth %	-	11.57	10.87	9.96
EBITDA, 1 Yr. Growth %	-	15.38	16.26	0.05
EBITA, 1 Yr. Growth %	-	16.67	18.02	-1.18
EBIT, 1 Yr. Growth %	-	59.16	44.31	-0.1
Earnings From Cont. Operations, 1 Yr. Growth %	-	17.05	-33.48	38.4
Net Income, 1 Yr. Growth %	-	17.05	-33.48	38.4
Normalized Net Income, 1 Yr. Growth %	-	58.01	-41.34	-0.16
Diluted EPS Before Extra, 1 Yr. Growth %	-	17.05	-33.28	29.8
Accounts Receivable, 1 Yr. Growth %	-	-8.42	40.21	10.2
Inventory, 1 Yr. Growth %	-	-13.51	6.68	-10.91
Net Property, Plant and Equip., 1 Yr. Growth %	-	9.24	9.6	8.06
Total Assets, 1 Yr. Growth %	-	-0.88	-0.86	1.39
Tangible Book Value, 1 Yr. Growth %	-	-0.43	-2.08	-39.32
Common Equity, 1 Yr. Growth %	-	-5.05	-5.14	49.24
Cash From Operations, 1 Yr. Growth %	-	42.61	3.58	-1.01
Capital Expenditures, 1 Yr. Growth %	-	5.6	2.82	5.4
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-345.18	-211.51
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-16.43	15.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	9.8	10.1
Gross Profit, 2 Yr. CAGR %	-	-	11.22	10.41
EBITDA, 2 Yr. CAGR %	-	-	15.82	7.85
EBITA, 2 Yr. CAGR %	-	-	17.34	7.99
EBIT, 2 Yr. CAGR %	-	-	51.55	20.06
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-11.76	-4.05
Net Income, 2 Yr. CAGR %	-	-	-11.76	-4.05
Normalized Net Income, 2 Yr. CAGR %	-	-	-3.72	-23.47
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-11.63	-72.51
Accounts Receivable, 2 Yr. CAGR %	-	-	13.32	24.29
Inventory, 2 Yr. CAGR %	-	-	-3.94	-2.52
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	9.42	8.83
Total Assets, 2 Yr. CAGR %	-	-	-0.87	0.26
Tangible Book Value, 2 Yr. CAGR %	-	-	-1.26	-22.92
Common Equity, 2 Yr. CAGR %	-	-	-5.09	18.99
Cash From Operations, 2 Yr. CAGR %	-	-	21.54	1.26
Capital Expenditures, 2 Yr. CAGR %	-	-	4.2	4.1
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	65.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-1.66
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	9.83
Gross Profit, 3 Yr. CAGR %	-	-	-	10.8
EBITDA, 3 Yr. CAGR %	-	-	-	10.3
EBITA, 3 Yr. CAGR %	-	-	-	10.81
EBIT, 3 Yr. CAGR %	-	-	-	31.89
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	2.52
Net Income, 3 Yr. CAGR %	-	-	-	2.52
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-2.55
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-55.45
Accounts Receivable, 3 Yr. CAGR %	-	-	-	12.26
Inventory, 3 Yr. CAGR %	-	-	-	-6.33
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	8.97
Total Assets, 3 Yr. CAGR %	-	-	-	-0.12
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-16.05
Common Equity, 3 Yr. CAGR %	-	-	-	10.36
Cash From Operations, 3 Yr. CAGR %	-	-	-	13.5
Capital Expenditures, 3 Yr. CAGR %	-	-	-	4.6