• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 6-K filed by Valneva SE

    5/7/25 12:11:21 PM ET
    $VALN
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care
    Get the next $VALN alert in real time by email
    valn-20250331
    6-KVALNEVA SE0001836564FALSE2025Q112/313/31/2025iso4217:EURiso4217:EURxbrli:shares00018365642025-01-012025-03-3100018365642024-01-012024-03-3100018365642025-03-3100018365642024-12-3100018365642023-12-3100018365642024-03-310001836564ifrs-full:IssuedCapitalMember2024-12-310001836564ifrs-full:SharePremiumMember2024-12-310001836564ifrs-full:OtherReservesMember2024-12-310001836564ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember2024-12-310001836564ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember2024-12-310001836564ifrs-full:OtherReservesMember2025-01-012025-03-310001836564ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember2025-01-012025-03-310001836564ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember2025-01-012025-03-310001836564ifrs-full:IssuedCapitalMember2025-03-310001836564ifrs-full:SharePremiumMember2025-03-310001836564ifrs-full:OtherReservesMember2025-03-310001836564ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember2025-03-310001836564ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember2025-03-310001836564ifrs-full:IssuedCapitalMember2023-12-310001836564ifrs-full:SharePremiumMember2023-12-310001836564ifrs-full:OtherReservesMember2023-12-310001836564ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember2023-12-310001836564ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember2023-12-310001836564ifrs-full:OtherReservesMember2024-01-012024-03-310001836564ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember2024-01-012024-03-310001836564ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember2024-01-012024-03-310001836564ifrs-full:IssuedCapitalMember2024-01-012024-03-310001836564ifrs-full:SharePremiumMember2024-01-012024-03-310001836564ifrs-full:IssuedCapitalMember2024-03-310001836564ifrs-full:SharePremiumMember2024-03-310001836564ifrs-full:OtherReservesMember2024-03-310001836564ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember2024-03-310001836564ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember2024-03-31



    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 6-K
    REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

    Date of Report: May 7, 2025

    Commission File Number: 001-40377

    VALNEVA SE
    (Translation of registrant's name into English)

    6 rue Alain Bombard
    44800 Saint-Herblain, France
    (Address of principal executive office)

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

    Form 20-F ☒ Form 40-F ☐

    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

    Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

    Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

    On May 7, 2025, the Registrant announced its results for the three months ended March 31, 2025 and issued a press release and unaudited interim condensed consolidated financial statements, copies of which are attached hereto as Exhibits 99.1, and 99.3, respectively, and incorporated herein by reference. The Registrant also issued an additional press release, a copy of which is attached hereto as Exhibit 99.2 and incorporated herein by reference. The information contained in this Form 6-K, including Exhibits 99.1 and 99.2, is hereby incorporated by reference into the registrant's Registration Statement on Form F-3 (File No. 333-268071).

    Exhibits
    Exhibit 99.1
    Press release with first quarter results, dated May 7, 2025
    Exhibit 99.2
    Press release dated May 7, 2025
    Exhibit 99.3
    Unaudited Interim Condensed Consolidated Financial Statements as at March 31, 2025 and for the three months ended March 31, 2025

    1


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


    Valneva SE (Registrant)
    Date: May 7, 2025
    /s/ Thomas Lingelbach Thomas Lingelbach Chief Executive Officer and President


    2



    1

    Unaudited interim condensed consolidated financial statements as at March 31, 2025
    Valneva SE
    I.Unaudited Interim Consolidated Statement of Profit or Loss and Comprehensive Income

    Unaudited Interim Condensed Consolidated Statement of Profit or Loss
    Three months ended March 31,
    in € thousand20252024
    Product sales48,598 32,149 
    Other revenues634 604 
    REVENUES49,232 32,753 
    Cost of goods and services(23,043)(22,160)
    Research and development expenses(14,953)(13,131)
    Marketing and distribution expenses(10,393)(11,333)
    General and administrative expenses(8,964)(11,670)
    Gain from sale of Priority Review Voucher, net— 90,833 
    Other income and expenses, net2,160 2,917 
    OPERATING PROFIT/(LOSS)(5,960)68,208 
    Finance income511 266 
    Finance expenses(5,979)(7,045)
    Foreign exchange gain/(loss), net3,670 (2,512)
    PROFIT/(LOSS) BEFORE INCOME TAX(7,758)58,918 
    Income tax benefit/(expense)(1,474)(8)
    PROFIT/(LOSS) FOR THE PERIOD(9,232)58,909 
    EARNINGS/(LOSSES) PER SHARE
    for profit/(loss) for the period attributable to the equity holders of the Company (expressed in € per share)
    Basic(0.06)0.42 
    Diluted(0.06)0.41 


    Unaudited Interim Condensed Consolidated Statement of Comprehensive Income

    Three months ended March 31,
    in € thousand20252024
    PROFIT/(LOSS) FOR THE PERIOD(9,232)58,909 
    OTHER COMPREHENSIVE INCOME/(LOSS)
    Items that may be reclassified to profit or loss
    Currency translation differences983 (57)
    Other comprehensive income/(loss) for the period, net of tax983 (57)
    TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE PERIOD(8,249)58,853 
    2
    VAL_Logo_4c.jpg

    Unaudited interim condensed consolidated financial statements as at March 31, 2025
    Valneva SE
    II.Unaudited Interim Condensed Consolidated Statement of Financial Position

    in € thousandMarch 31, 2025December 31, 2024
    ASSETS
    Non-current assets195,195 201,020 
    Intangible assets24,597 25,258 
    Right of use assets19,927 19,232 
    Property, plant and equipment134,383 138,883 
    Deferred tax assets7,939 9,605 
    Other non-current assets8,350 8,041 
    Current assets287,047 299,012 
    Inventories61,680 53,663 
    Trade receivables33,524 35,205 
    Other current assets38,853 41,874 
    Cash and cash equivalents152,990 168,271 
    TOTAL ASSETS482,242 500,032 
    EQUITY
    Share capital24,378 24,378 
    Share premium647,600 647,600 
    Other reserves76,434 73,203 
    Retained earnings/(Accumulated deficit)(563,928)(551,682)
    Profit/(Loss) for the period(9,232)(12,247)
    TOTAL EQUITY175,253 181,253 
    LIABILITIES
    Non-current liabilities200,789 204,199 
    Borrowings161,477 166,521 
    Lease liabilities27,266 26,432 
    Refund liabilities6,539 6,491 
    Provisions658 546 
    Deferred tax liabilities4,132 4,162 
    Other non-current liabilities718 46 
    Current liabilities106,200 114,580 
    Borrowings19,705 20,852 
    Trade payables and accruals27,835 35,522 
    Income tax liability1,558 1,742 
    Tax and Employee-related liabilities20,442 19,458 
    Lease liabilities2,699 2,508 
    Contract liabilities3,751 3,010 
    Refund liabilities19,973 19,650 
    Provisions5,716 6,686 
    Other current liabilities4,521 5,152 
    TOTAL LIABILITIES306,990 318,779 
    TOTAL EQUITY AND LIABILITIES482,242 500,032 

    VAL_Logo_4c.jpg
    3

    Unaudited interim condensed consolidated financial statements as at March 31, 2025
    Valneva SE
    III.Unaudited Interim Condensed Consolidated Statement of Cash Flows

    Three months ended March 31,
    in € thousand20252024
    CASH FLOWS FROM OPERATING ACTIVITIES
    Profit/(Loss) for the period(9,232)58,909 
    Gain from sale of Priority Review Voucher, net— (90,833)
    Adjustments for non-cash transactions10,262 15,072 
    Changes in non-current operating assets and liabilities409 (529)
    Changes in working capital(9,175)(10,923)
    Cash used in operations(7,736)(28,303)
    Income tax paid(411)(129)
    NET CASH GENERATED FROM/(USED IN) OPERATING ACTIVITIES(8,148)(28,432)
    CASH FLOWS FROM INVESTING ACTIVITIES
    Purchases of property, plant and equipment(1,402)(4,498)
    Proceeds from sale of property, plant and equipment— 146 
    Purchases of intangible assets(71)(34)
    Proceeds from sale of Priority Review Voucher— 90,833 
    Interest received511 266 
    NET CASH GENERATED FROM/(USED IN) INVESTING ACTIVITIES(961)86,713 
    CASH FLOWS FROM FINANCING ACTIVITIES
    Proceeds from borrowings, net of transaction costs— (944)
    Payment of lease liabilities(685)(677)
    Interest paid(4,896)(5,836)
    NET CASH GENERATED FROM FROM/(USED IN) FINANCING ACTIVITIES(5,582)(7,457)
    NET CHANGE IN CASH AND CASH EQUIVALENTS(14,690)50,824 
    Cash and cash equivalents at beginning of the year 168,271 126,080 
    Exchange gains/(losses) on cash(590)(264)
    CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 152,990 176,640 

    4
    VAL_Logo_4c.jpg

    Unaudited interim condensed consolidated financial statements as at March 31, 2025
    Valneva SE
    IV.Unaudited Interim Condensed Consolidated Statement of Changes in Equity

    in € thousandShare capitalShare premiumOther reservesRetained earnings/
    (Accumulated deficit)
    Profit/(loss)
    for the period
    Total
    equity
    BALANCE AS AT JANUARY 1, 202524,378 647,600 73,203 (551,682)(12,247)181,253 
     Total comprehensive income/(loss) — — 983 — (9,232)(8,249)
     Income appropriation — — — (12,247)12,247 — 
     Share-based compensation expense:
    Value of services — — 2,249 — — 2,249 
    BALANCE AS AT MARCH 31, 202524,378 647,600 76,434 (563,928)(9,232)175,253 
    in € thousandShare capitalShare premiumOther reservesRetained earnings/
    (Accumulated deficit)
    Profit/(loss)
    for the period
    Total
    equity
    BALANCE AS AT JANUARY 1, 202420,837 594,003 65,088 (450,253)(101,429)128,247 
     Total comprehensive income/(loss) — — (57)— 58,909 58,853 
     Income appropriation — — — (101,429)101,429 — 
     Share-based compensation expense:
    Value of services— — 2,130 — — 2,130 
    Exercises55 (55)— — — — 
    BALANCE AS AT MARCH 31, 202420,892 593,948 67,162 (551,682)58,909 189,230 


    VAL_Logo_4c.jpg
    5
    Get the next $VALN alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $VALN

    DatePrice TargetRatingAnalyst
    8/3/2022$34.00Buy
    H.C. Wainwright
    More analyst ratings

    $VALN
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Valneva Provides Update Following European Medicines Agency Announcement on Use of IXCHIQ® in Elderly

      Saint Herblain (France), May, 07 2025 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today announced that the European Medicines Agency (EMA) has started a review of Valneva's single-dose live attenuated chikungunya vaccine IXCHIQ® based on reports of serious adverse events (SAEs) in elderly people. As a temporary measure, while this review is ongoing, EMA has suspended the use of the vaccine for individuals over 65 years old. EMA has maintained current recommendations for IXCHIQ® for people from 12 to 64 years of age. The decision was taken following a plenary meeting of the Pharmacovigilance Risk Assessment Committee (PRAC) on May 5, 2025 and is based on reports of 17

      5/7/25 11:45:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Valneva Reports First Quarter 2025 Financial Results and Provides Corporate Updates

      Total revenues of €49.2 million compared to €32.8 million in the first quarter of 2024Cash and cash equivalents of €153.0 million at end of March 2025Further clinical and regulatory progress2025 financial outlook confirmed Saint-Herblain (France), May 7, 2025 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today reported its financial results for the first quarter ending March 31, 2025, provided key corporate updates and confirmed its 2025 financial guidance. The condensed consolidated interim financial results are available on the Company's website (Financial Reports – Valneva). Valneva will provide a live webcast of its first quarter 2025 results conference call begi

      5/7/25 1:00:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Valneva Provides Update on Recommendation for Use of Its Chikungunya Vaccine by French Authorities

      Saint Herblain (France), April 26, 2025 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today announced that France's national public health agency, the Haute Autorité de Santé (HAS), has updated its recommendation for use of Valneva's single-dose chikungunya vaccine IXCHIQ® for the prevention of disease caused by the chikungunya virus (CHIKV) following reports of serious adverse events (SAEs) in elderly people with comorbidities during the ongoing vaccination campaign in La Reunion and Mayotte. Valneva has been responding to the French government's call for vaccine supply of IXCHIQ® in La Reunion1 as the island is going through a major chikungunya outbreak with ~ 40,000

      4/26/25 1:10:00 PM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $VALN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by Valneva SE

      SC 13D/A - Valneva SE (0001836564) (Subject)

      9/20/24 4:00:37 PM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form SC 13G/A filed by Valneva SE (Amendment)

      SC 13G/A - Valneva SE (0001836564) (Subject)

      2/14/24 8:59:33 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form SC 13D/A filed by Valneva SE (Amendment)

      SC 13D/A - Valneva SE (0001836564) (Subject)

      6/30/23 9:00:06 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $VALN
    Leadership Updates

    Live Leadership Updates

    See more
    • Valneva Announces Successful Outcome of its Combined General Meeting and Appointment of a New Director to its Board

      Saint-Herblain (France), June 26, 2024 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today announced that all the resolutions recommended by the Board of Directors were approved by the shareholders at its Combined General Meeting (CGM) held today in Lyon, France. Among the adopted resolutions were approval of the 2023 financial statements, delegations for the management board to increase Valneva's share capital and/or issue financial instruments, and the appointment of a new director to its Board. Ms. Danièle Guyot-Caparros was appointed to Valneva's Board of Directors for a three-year term. Ms. Guyot-Caparros has a proven track record in finance and business

      6/26/24 11:45:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Valneva Appoints Dr. Hanneke Schuitemaker, Ph.D. as Chief Scientific Officer

      Saint-Herblain (France), May 21, 2024 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today announced the appointment of Dr. Hanneke Schuitemaker, Ph.D. as Chief Scientific Officer (CSO) and Executive Committee member, effective June 3, 2024. Valneva decided to complement its Executive Team with an accomplished R&D leader to oversee the further evolution of the Company´s R&D portfolio. Specifically, Dr. Schuitemaker will focus on accelerating Valneva's pre-clinical and translational R&D activities in support of the Company's strategic ambition to provide first-, best- or only-in-class vaccine solutions. Dr. Schuitemaker brings more than two decades of experience in vacc

      5/21/24 1:00:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Valneva Announces Successful Outcome of its AGM and the Appointment of Pfizer's Former Vaccine R&D Head to its Supervisory Board

      Saint-Herblain (France), June 21, 2023 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today announced that all the resolutions recommended by the Management Board were approved by the shareholders at its Annual General Meeting (AGM) held today in Lyon, France. Among the adopted resolutions were approval of the 2022 financial statements, delegations for the management board to increase Valneva's share capital and/or issue financial instruments, as well as the appointment of a new Supervisory Board member and the reappointment of two of them. Dr Kathrin U Jansen, Ph.D., a German national with over 30 years of vaccine R&D experience, was appointed to Valneva's Supervisory

      6/21/23 12:15:00 PM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $VALN
    SEC Filings

    See more
    • SEC Form 6-K filed by Valneva SE

      6-K - Valneva SE (0001836564) (Filer)

      5/7/25 12:11:21 PM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form 6-K filed by Valneva SE

      6-K - Valneva SE (0001836564) (Filer)

      4/28/25 7:49:20 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form 6-K filed by Valneva SE

      6-K - Valneva SE (0001836564) (Filer)

      4/18/25 6:49:09 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $VALN
    Financials

    Live finance-specific insights

    See more
    • Valneva Reports First Quarter 2025 Financial Results and Provides Corporate Updates

      Total revenues of €49.2 million compared to €32.8 million in the first quarter of 2024Cash and cash equivalents of €153.0 million at end of March 2025Further clinical and regulatory progress2025 financial outlook confirmed Saint-Herblain (France), May 7, 2025 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today reported its financial results for the first quarter ending March 31, 2025, provided key corporate updates and confirmed its 2025 financial guidance. The condensed consolidated interim financial results are available on the Company's website (Financial Reports – Valneva). Valneva will provide a live webcast of its first quarter 2025 results conference call begi

      5/7/25 1:00:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Valneva Reports Full Year 2024 Results and Provides Business Updates and Outlook

      Met 2024 growth targets for product sales (+13% vs 2023) and total revenues (+10% vs 2023)Strong year-end cash position of €168.3 million including sale of Priority Review Voucher1, successful private placement and 67% reduction in operating cash burnSubstantial clinical and regulatory progress in 2024; further data readouts, product approvals and label extensions anticipated in 20252025 outlook reflects solid revenue growth and positive commercial cash flows to support strategic R&D investments with lower operating cash burn Saint-Herblain (France), March 20, 2025 – Valneva SE (NASDAQ:VALN, PARIS:VLA), a specialty vaccine company, today reported its consolidated financial results for the y

      3/20/25 2:00:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Valneva Reports Nine-Month 2024 Financial Results and Provides Corporate Updates

       Nine-Month Key Financial Highlights Total revenues of €116.6 million, including product sales of €112.5 millionNet Profit of €24.7 million, including proceeds from the Priority Review Voucher (PRV)1 sale Operating profit of €34.2 million compared to an operating loss of €57.2 million in the first nine-months of 2023 Cash position of €156.3 million Includes €61.2 million in gross proceeds from recent private placement2Lower cash burn expected in the second half of 2024 as cost contributions to the agreed R&D budget for partnered Lyme disease program were completed in the second quarter of the year Full-year 2024 Financial Guidance Narrowed Expected total product sales according to guidan

      11/7/24 1:00:00 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $VALN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • H.C. Wainwright initiated coverage on Valneva SE with a new price target

      H.C. Wainwright initiated coverage of Valneva SE with a rating of Buy and set a new price target of $34.00

      8/3/22 7:27:56 AM ET
      $VALN
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care