| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (33.6) | (49.6) | (54.3) | (110.4) | (184.2) | (354.1) | −92.2% | |
| Depreciation & amortization | 1.0 | 0.9 | 1.7 | 2.5 | 3.6 | 2.9 | −18.9% | |
| Stock-based compensation | 0.9 | 2.1 | 2.2 | 4.0 | 0.0 | 0.0 | — | |
| Change in working capital | (2.0) | 8.9 | 9.3 | (5.9) | 7.0 | 6.7 | −4.7% | |
| Operating cash flow | (30.6) | (47.6) | (44.9) | (81.6) | (85.9) | (105.1) | −22.3% | |
| Capital expenditure | (0.3) | (0.5) | (0.6) | (0.5) | (0.3) | (0.2) | +25.8% | |
| Acquisitions | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (8.6) | (1.8) | 8.9 | (7.7) | 8.7 | (133.2) | −1623.0% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 9.9 | (0.0) | 28.4 | (4.1) | 22.3 | (3.3) | −114.6% | |
| Financing cash flow | 111.7 | 25.4 | 37.3 | 29.1 | 145.6 | 241.5 | +65.9% | |
| Free cash flow | (30.9) | (48.2) | (45.5) | (82.2) | (86.3) | (105.4) | −22.2% | |
| Net change in cash | 69.8 | (19.1) | 0.2 | (59.8) | 69.6 | 2.7 | −96.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
