| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 37.7 | 44.4 | 56.5 | 66.9 | 72.3 | 73.8 | +2.2% | |
| Cost of revenue | 1.8 | 1.3 | 4.5 | 1.0 | 2.4 | 2.4 | −0.6% | |
| Gross profit | 35.9 | 43.1 | 54.3 | 65.9 | 69.9 | 71.4 | +2.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 7.2 | 7.9 | 9.8 | 10.9 | 10.0 | 0.0 | −100.0% | |
| Selling & marketing | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | — | |
| Operating expenses | 3.3 | (14.2) | (7.5) | 39.0 | 10.0 | 1.4 | −85.8% | |
| Operating income | 32.9 | 43.7 | 78.9 | 26.8 | 59.8 | 70.0 | +17.1% | |
| Interest expense | 5.1 | 5.6 | 8.7 | 17.3 | 0.0 | 19.1 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +40.8% | |
| Other income / expense | (2.5) | 16.5 | 10.6 | (46.5) | (32.9) | (8.4) | +74.5% | |
| Pre-tax income | 20.0 | 60.2 | 89.5 | (8.2) | 26.9 | 61.6 | +129.1% | |
| Income tax | 0.1 | 0.5 | 0.8 | (2.5) | 1.2 | 2.5 | +111.8% | |
| Net income | 19.9 | 59.7 | 88.7 | (5.8) | 25.7 | 59.2 | +129.8% | |
| 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) | 0.80 | 2.15 | 2.99 | (0.16) | 0.70 | 1.58 | +125.7% | |
| EPS, diluted (per share) | 0.80 | 2.15 | 2.99 | (0.16) | 0.70 | 1.58 | +125.7% | |
| EBITDA | 22.7 | 43.9 | 79.3 | 38.7 | 60.4 | 81.2 | +34.5% | |
| Depreciation & amortization | 0.2 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | −10.6% | |
| Weighted average shares (shares) | 24,688,374 | 27,742,696 | 29,642,491 | 36,988,833 | 36,988,833 | 37,394,190 | +1.1% | |
| Weighted average diluted shares (shares) | 24,688,374 | 27,742,696 | 29,642,491 | 36,988,833 | 36,988,833 | 37,394,190 | +1.1% | |
| Gross margin | 95.2% | 97.1% | 96.2% | 98.5% | 96.7% | 96.8% | +0.1 pts | |
| Operating margin | 87.4% | 98.5% | 139.7% | 40.1% | 82.8% | 94.8% | +12.1 pts | |
| Net margin | 52.7% | 134.5% | 157.0% | −8.6% | 35.6% | 80.1% | +44.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
