Alvotech (ALVO) Provisions (2020 - 2023)

Alvotech (ALVO) has reported Provisions for 4 consecutive years, with -$3.1 million the latest figure, recorded in Q2 2023.

• For the quarter ending Q2 2023, Provisions fell 164.95% year-over-year to -$3.1 million; the trailing twelve-month figure through Jun 2023 stood at -$3.1 million (down 164.95% YoY), and the FY2022 full-year result was $10.6 million, up 294.11% from the prior year.
• Provisions eased to -$3.1 million in Q2 2023 per ALVO's latest filing, from $10.6 million in the prior quarter.
• Across five years, Provisions topped out at $10.6 million in Q4 2022 and bottomed at -$3.1 million in Q2 2023.
• Historically, Provisions has averaged $3.6 million across 4 years, with a median of $3.2 million in 2020.
• The sharpest annual moves came in 2022 and 2023: Provisions soared 294.11% in 2022, then slumped 164.95% in 2023.
• Over 4 years, Provisions stood at $3.2 million in 2020, then retreated by 16.61% to $2.7 million in 2021, then jumped by 294.11% to $10.6 million in 2022, then plunged by 129.16% to -$3.1 million in 2023.
• According to Business Quant data, Provisions over the past three periods registered -$3.1 million, $10.6 million, and $4.7 million for Q2 2023, Q4 2022, and Q2 2022 respectively.