| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (6.7) | (16.1) | 1.0 | (3.3) | (55.6) | (22.3) | +59.9% | |
| Depreciation & amortization | 9.4 | 7.3 | 19.8 | 14.9 | 70.6 | 9.9 | −86.0% | |
| Stock-based compensation | 0.2 | 0.2 | 0.7 | 0.7 | 1.0 | 0.0 | −100.0% | |
| Change in working capital | (1.1) | 5.2 | (11.6) | (8.5) | (14.1) | 6.5 | +146.2% | |
| Operating cash flow | 3.4 | (8.0) | 30.6 | 34.8 | 41.0 | (8.8) | −121.5% | |
| Capital expenditure | (1.4) | (2.5) | (3.2) | (2.4) | (1.9) | (0.1) | +96.1% | |
| Acquisitions | 0.0 | (141.5) | 56.2 | (15.2) | (1.8) | 0.0 | +101.7% | |
| Investing cash flow | (1.4) | (144.0) | 53.0 | (9.9) | (8.2) | (2.1) | +73.9% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | (2.3) | 0.0 | +100.0% | |
| Share buybacks | (7.1) | 0.0 | 0.0 | (11.0) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (7.6) | 57.5 | (41.2) | (8.0) | (18.8) | (4.5) | +76.1% | |
| Financing cash flow | 104.6 | 57.5 | (42.4) | (42.6) | (41.9) | (5.4) | +87.0% | |
| Free cash flow | 2.0 | (10.4) | 27.5 | 32.4 | 39.1 | (8.9) | −122.8% | |
| Net change in cash | 106.4 | (93.2) | 40.5 | (17.8) | (9.0) | (38.3) | −323.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
