Valneva 2025财务展望：销售收入预计为1.7亿-1.8亿欧元，总收入将达到1.8亿-1.9亿欧元；研发投资为9000万-1亿欧元_老虎社区_美港股上老虎 - 老虎社区

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Valneva 2025财务展望：销售收入预计为1.7亿-1.8亿欧元，总收入将达到1.8亿-1.9亿欧元；研发投资为9000万-1亿欧元

财报速递02-18

2025财务展望: - 预计销售收入将增长至1.7亿至1.8亿欧元，推动整体商业业务实现正现金流 - 总收入预计将达到1.8亿至1.9亿欧元 - 总研发投资预计在9000万至1亿欧元之间，这将部分由资助资金和预期的研发税收抵免抵消 - 继续严格关注现金管理，支持充足的现金流以达到关键转折点；预计2025年的运营现金消耗量将大幅下降，低于3000万欧元，而2024年则超过6000万欧元

以上内容来自Benzinga Earnings专栏，原文如下：

2025 Financial Outlook

Sales revenues expected to grow to €170-180 million, driving positive cash-flows for the overall commercial business
Total revenues expected to reach €180-190 million
Total R&D investments expected between €90 - €100 million, which will be partially offset by grant funding and anticipated R&D tax credits
Continued stringent focus on cash management supporting sufficient cash runway to reach key inflection points; substantially lower operating cash burn expected in 2025, less than 30 million compared to over €60.0 million in 2024

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