| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (33.6) | (47.0) | (57.0) | (39.7) | (68.1) | (24.0) | +64.8% | |
| Depreciation & amortization | 1.8 | 1.6 | 1.5 | 1.5 | 1.6 | 1.5 | −7.8% | |
| Stock-based compensation | 2.9 | 3.2 | 3.2 | 3.3 | 4.3 | 3.5 | −17.7% | |
| Change in working capital | 6.8 | (4.7) | (0.6) | (0.4) | 0.1 | (3.4) | −2696.2% | |
| Operating cash flow | (27.5) | (29.9) | (37.1) | (12.5) | (19.6) | (33.4) | −70.9% | |
| Capital expenditure | (0.1) | (0.2) | (0.1) | (0.3) | (0.8) | (0.5) | +35.5% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (0.1) | (0.2) | 0.1 | (0.3) | (1.0) | (0.6) | +39.5% | |
| 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 | 9.2 | (3.7) | (4.7) | (3.6) | (4.2) | 38.2 | +1019.1% | |
| Financing cash flow | 111.8 | (5.2) | (5.7) | 46.8 | (5.1) | 37.4 | +828.6% | |
| Free cash flow | (27.6) | (30.1) | (37.2) | (12.8) | (20.4) | (34.0) | −66.5% | |
| Net change in cash | 84.1 | (35.2) | (42.5) | 33.9 | (25.5) | 3.0 | +111.8% |
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.
