| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.4 | 16.9 | 69.7 | 93.3 | 92.0 | 93.8 | +2.0% | |
| Cost of revenue | 13.2 | 11.1 | 12.6 | 40.6 | 19.0 | 19.1 | +0.5% | |
| Gross profit | 2.1 | 5.8 | 57.1 | 52.6 | 73.0 | 74.7 | +2.3% | |
| Research & development | 2.6 | 3.4 | 2.8 | 3.0 | 3.6 | 0.0 | −100.0% | |
| Selling, general & administrative | 16.6 | 20.6 | 51.9 | 47.5 | 49.8 | 52.7 | +5.8% | |
| Selling & marketing | 9.3 | 13.8 | 42.2 | 47.3 | 43.3 | 46.3 | +6.9% | |
| Operating expenses | 52.4 | 15.7 | 69.0 | 47.7 | 61.7 | 62.2 | +0.8% | |
| Operating income | (50.3) | (33.1) | (13.6) | 5.0 | 11.3 | 12.5 | +10.6% | |
| Interest expense | 0.2 | 3.4 | 4.3 | 6.1 | 0.4 | 2.8 | +611.9% | |
| Interest income | 0.0 | 3.4 | 4.3 | (3.0) | 0.1 | 0.1 | −1.8% | |
| Other income / expense | (0.2) | (3.5) | (4.3) | (9.4) | (0.2) | (4.1) | −1950.0% | |
| Pre-tax income | (50.5) | (36.6) | (17.9) | (1.1) | 11.1 | 8.4 | −24.3% | |
| Income tax | (1.6) | (0.6) | (0.6) | (6.2) | 2.0 | 1.4 | −30.0% | |
| Net income | (48.9) | (36.0) | (17.3) | 5.1 | 9.1 | 7.0 | −23.1% | |
| 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) | (0.46) | (0.31) | (0.15) | 0.04 | 0.07 | 0.06 | −23.0% | |
| EPS, diluted (per share) | (0.46) | (0.31) | (0.15) | 0.04 | 0.07 | 0.05 | −22.4% | |
| EBITDA | (36.1) | (20.7) | (2.0) | 13.8 | 18.0 | 18.0 | +0.0% | |
| Depreciation & amortization | 14.1 | 12.4 | 11.6 | 8.8 | 5.5 | 9.5 | +72.7% | |
| Weighted average shares (shares) | 106,947,000 | 116,321,000 | 117,338,000 | 126,194,746 | 129,814,550 | 124,366,000 | −4.2% | |
| Weighted average diluted shares (shares) | 106,947,000 | 116,321,000 | 117,338,000 | 126,356,000 | 129,400,000 | 128,637,000 | −0.6% | |
| Gross margin | 14.0% | 34.2% | 82.0% | 56.4% | 79.3% | 79.6% | +0.3 pts | |
| Operating margin | −327.1% | −195.7% | −19.5% | 5.3% | 12.3% | 13.3% | +1.0 pts | |
| Net margin | −318.0% | −213.1% | −24.8% | 5.5% | 9.9% | 7.5% | −2.4 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 GBP.
