| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 29.3 | 60.7 | 27.0 | 251.9 | 144.2 | 516.5 | +258.1% | |
| Cash & short-term investments | 29.3 | 60.7 | 27.0 | 261.0 | 144.2 | 530.2 | +267.6% | |
| Receivables | 8.0 | 8.3 | 8.3 | 19.1 | 15.7 | 10.5 | −33.0% | |
| Inventory | 0.0 | 4.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 37.7 | 75.2 | 36.2 | 286.0 | 170.7 | 551.0 | +222.8% | |
| Property, plant & equipment | 0.1 | 0.1 | 1.6 | 0.9 | 2.7 | 2.1 | −21.6% | |
| Goodwill & intangibles | 32.1 | 32.1 | 25.0 | 25.0 | 25.0 | 25.0 | −0.0% | |
| Long-term investments | 0.2 | 0.2 | 0.0 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Total assets | 71.3 | 109.2 | 75.5 | 327.1 | 205.2 | 584.1 | +184.6% | |
| Payables | 17.4 | 18.6 | 15.5 | 47.2 | 43.8 | 37.6 | −14.3% | |
| Short-term debt | 0.0 | 10.1 | 29.5 | 30.9 | 42.8 | 28.5 | −33.6% | |
| Total current liabilities | 19.4 | 32.3 | 51.5 | 88.1 | 92.8 | 63.0 | −32.1% | |
| Long-term debt | 34.0 | 40.3 | 8.3 | 26.6 | 52.2 | 30.2 | −42.1% | |
| Total debt | 34.0 | 51.7 | 39.2 | 58.0 | 97.4 | 45.9 | −52.9% | |
| Net debt | 4.7 | (9.0) | 12.2 | (193.9) | (46.9) | (470.6) | −904.2% | |
| Deferred revenue | 0.0 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | — | |
| Total liabilities | 53.4 | 83.3 | 68.4 | 131.1 | 164.6 | 129.1 | −21.6% | |
| Total equity | 17.9 | 25.9 | 7.2 | 196.0 | 40.6 | 455.0 | +1021.2% | |
| Retained earnings | (37.6) | (81.8) | (143.5) | (282.9) | (438.9) | (738.2) | −68.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in EUR; the shares trade in USD.
