| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.4 | 4.2 | 12.2 | 23.2 | 9.2 | 4.5 | −51.3% | |
| Cost of revenue | 0.8 | 1.0 | 1.0 | 1.0 | 3.6 | 2.9 | −18.9% | |
| Gross profit | (0.5) | 3.2 | 11.2 | 22.1 | 5.6 | 1.6 | −72.0% | |
| Research & development | 22.9 | 47.7 | 59.0 | 107.7 | 88.0 | 87.0 | −1.1% | |
| Selling, general & administrative | 8.9 | 11.0 | 15.3 | 14.8 | 17.1 | 52.9 | +209.1% | |
| Selling & marketing | 0.6 | 0.4 | 2.6 | 2.0 | 1.9 | 0.0 | −100.0% | |
| Operating expenses | 31.0 | 58.5 | 73.2 | 124.9 | 105.1 | 137.9 | +31.2% | |
| Operating income | (31.7) | (55.2) | (62.7) | (102.7) | (99.5) | (136.3) | −37.0% | |
| Interest expense | 0.1 | 0.1 | 0.8 | 0.0 | 12.2 | 33.6 | +174.7% | |
| Interest income | 0.2 | 0.1 | 0.4 | 1.0 | 1.1 | 2.9 | +157.7% | |
| Other income / expense | (8.7) | 1.9 | 2.6 | (7.1) | (89.0) | (220.1) | −147.3% | |
| Pre-tax income | (38.4) | (53.3) | (60.2) | (109.8) | (188.5) | (356.4) | −89.1% | |
| Income tax | (4.8) | (3.7) | (5.9) | 0.6 | (4.6) | (2.3) | +50.7% | |
| Net income | (33.6) | (49.6) | (54.3) | (110.4) | (184.2) | (354.1) | −92.2% | |
| 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 | (0.3) | 0.0 | +100.0% | |
| EPS, basic (per share) | (0.99) | (1.27) | (1.31) | (2.43) | (3.08) | (1.90) | +38.3% | |
| EPS, diluted (per share) | (0.99) | (1.27) | (1.31) | (2.43) | (3.08) | (1.90) | +38.3% | |
| EBITDA | (30.7) | (52.3) | (57.7) | (101.8) | (172.6) | (133.4) | +22.7% | |
| Depreciation & amortization | 1.0 | 0.9 | 1.7 | 0.9 | 3.6 | 2.9 | −18.9% | |
| Weighted average shares (shares) | 33,874,751 | 39,168,152 | 41,449,732 | 45,351,814 | 59,778,701 | 186,801,792 | +212.5% | |
| Weighted average diluted shares (shares) | 33,874,751 | 39,168,152 | 41,449,732 | 45,351,799 | 59,778,701 | 186,801,792 | +212.5% | |
| Gross margin | −127.4% | 75.8% | 91.8% | 95.6% | 61.0% | 35.1% | −25.9 pts | |
| Operating margin | −8,513.7% | −1,317.3% | −515.1% | −443.4% | −1,081.5% | −3,041.0% | −1959.5 pts | |
| Net margin | −9,037.4% | −1,183.5% | −445.6% | −476.7% | −2,002.7% | −7,899.6% | −5896.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
