| EUR billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.8 | 8.5 | 23.1 | 29.5 | 32.1 | 32.6 | +1.6% | |
| Cost of revenue | 13.3 | 9.5 | 19.0 | 22.8 | 24.5 | 25.6 | +4.5% | |
| Gross profit | (5.5) | (1.0) | 4.1 | 6.7 | 7.6 | 7.0 | −7.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.4 | 0.4 | 0.9 | 1.2 | 1.1 | 1.4 | +28.7% | |
| Selling & marketing | 0.4 | 0.4 | 0.9 | 1.2 | 1.1 | 1.1 | +4.2% | |
| Operating expenses | 1.9 | 1.7 | 2.8 | 3.2 | 3.3 | 2.2 | −34.1% | |
| Operating income | (7.5) | (2.8) | 1.3 | 3.5 | 4.3 | 4.8 | +12.2% | |
| Interest expense | 0.6 | 0.8 | 0.9 | 1.0 | 0.8 | 0.7 | −13.3% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.4 | 0.4 | 0.3 | −33.7% | |
| Other income / expense | (0.4) | (0.7) | (0.9) | (0.5) | (0.7) | (0.4) | +47.1% | |
| Pre-tax income | (7.8) | (3.5) | 0.4 | 3.1 | 3.6 | 4.4 | +24.2% | |
| Income tax | (0.9) | (0.6) | (0.0) | 0.4 | 0.8 | 1.1 | +37.4% | |
| Net income | (6.9) | (2.9) | 0.4 | 2.7 | 2.7 | 3.3 | +20.1% | |
| 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) | (1.97) | (0.59) | 0.09 | 0.54 | 0.59 | 0.71 | +20.3% | |
| EPS, diluted (per share) | (1.97) | (0.59) | 0.06 | 0.51 | 0.55 | 0.69 | +25.5% | |
| EBITDA | (5.1) | (0.8) | 3.5 | 6.2 | 6.8 | 7.5 | +9.9% | |
| Depreciation & amortization | 2.1 | 1.9 | 2.1 | 2.1 | 2.4 | 2.7 | +14.2% | |
| Weighted average shares (shares) | 3,527,466,937 | 4,962,774,957 | 4,958,420,000 | 4,932,631,000 | 4,903,453,000 | 4,690,069,000 | −4.4% | |
| Weighted average diluted shares (shares) | 3,528,052,000 | 4,963,945,000 | 5,344,152,000 | 5,276,575,000 | 5,259,658,000 | 5,031,980,000 | −4.3% | |
| Gross margin | −70.9% | −12.1% | 17.8% | 22.7% | 23.6% | 21.4% | −2.2 pts | |
| Operating margin | −95.5% | −32.7% | 5.5% | 11.9% | 13.3% | 14.7% | +1.4 pts | |
| Net margin | −88.8% | −34.7% | 1.9% | 9.0% | 8.5% | 10.1% | +1.6 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.
