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Valneva press release (NASDAQ:VALN): Q1 net loss of €26.0 million compared to a net loss of €27.7 million in the first quarter of 2021 Revenue of €21.8M (-6.0% Y/Y). Adjusted EBITDA loss in the first quarter of 2022 was €12.7 million compared to an EBITDA loss of €28.3 million in the first quarter of 2021. Liquid funds decreased to €311.3 million as of March 31, 2022, compared to €346.7 million as of December 31, 2021.