BioNtech Full-Year Report 2022
Total revenuesreported were €4,278.3 million for the three months ended December 31, 2022, compared to €5,532.5 million for the comparative prior year period. For the year ended December 31, 2022, total revenues were €17,310.6 million, compared to €18,976.7 million for the comparative prior year period. The change corresponds with the demand for COVID-19 vaccines.
Cost of sales were €183.5 million for the three months ended December 31, 2022, compared to €583.2 million for the comparative prior year period. For the year ended December 31, 2022, cost of sales were €2,995.0 million, compared to €2,911.5 million for the comparative prior year period. Cost of sales were impacted by expenses arising from inventory write-offs and expenses for production capacities derived from agreements with contract manufacturing organizations that became redundant. In addition, during the three months ended December 31, 2022, cost of sales were impacted by the release of provisions.
Net profit was €2,278.7 million for the three months ended December 31, 2022, compared to €3,166.2 million for the comparative prior year period. For the year ended December 31, 2022, net profit was €9,434.4 million, compared to €10,292.5 million for the comparative prior year period.