| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.3 | 2.6 | 4.8 | 36.2 | (7.2) | 29.6 | +512.3% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Gross profit | 2.3 | 2.6 | 4.8 | 36.2 | (7.2) | 29.6 | +512.3% | |
| Research & development | 24.3 | 30.4 | 32.6 | 38.4 | 40.5 | 23.1 | −43.0% | |
| Selling, general & administrative | 14.6 | 19.4 | 17.9 | 22.0 | 20.5 | 20.2 | −1.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 38.8 | 55.2 | 51.5 | 63.0 | 61.2 | 40.5 | −33.9% | |
| Operating income | (36.4) | (52.6) | (46.7) | (26.8) | (68.4) | (10.8) | +84.2% | |
| Interest expense | 0.3 | 0.7 | 5.8 | 8.0 | 8.1 | 10.4 | +28.6% | |
| Interest income | 0.0 | 0.0 | 0.3 | 1.2 | 2.6 | 1.0 | −62.5% | |
| Other income / expense | 2.8 | 5.6 | (10.3) | (12.8) | 0.4 | (13.1) | −3739.9% | |
| Pre-tax income | (33.6) | (47.0) | (57.0) | (39.6) | (68.0) | (24.0) | +64.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | −97.0% | |
| Net income | (33.6) | (47.0) | (57.0) | (39.7) | (68.1) | (24.0) | +64.8% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (1.38) | (1.35) | (1.64) | (1.08) | (1.44) | (0.50) | +65.3% | |
| EPS, diluted (per share) | (1.38) | (1.35) | (1.64) | (1.08) | (1.44) | (0.50) | +65.3% | |
| EBITDA | (34.9) | (45.6) | (44.2) | (23.7) | (67.7) | (12.1) | +82.2% | |
| Depreciation & amortization | 1.8 | 1.6 | 1.5 | 0.6 | 0.6 | 1.5 | +152.5% | |
| Weighted average shares (shares) | 24,385,827 | 34,733,418 | 34,851,868 | 36,759,259 | 47,265,189 | 47,819,627 | +1.2% | |
| Weighted average diluted shares (shares) | 24,385,827 | 34,733,418 | 34,851,868 | 36,928,161 | 47,265,189 | 47,819,627 | +1.2% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | +0.0 pts | |
| Operating margin | −1,566.8% | −1,986.4% | −977.8% | −74.0% | 951.2% | −36.5% | −987.7 pts | |
| Net margin | −1,444.7% | −1,775.7% | −1,194.3% | −109.6% | 947.6% | −80.8% | −1028.4 pts |
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.
