| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (36.0) | 44.7 | (8.8) | 22.3 | 25.6 | 33.1 | +29.1% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4 | — | |
| Gross profit | (36.0) | 44.7 | (8.8) | 22.3 | 25.6 | 26.6 | +4.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 1.6 | 1.1 | 1.3 | 1.2 | 1.3 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.6 | 1.1 | 1.3 | 22.3 | 1.3 | 1.4 | +3.2% | |
| Operating income | (37.6) | 43.5 | (10.0) | 21.1 | 24.3 | 25.3 | +4.1% | |
| Interest expense | 0.3 | 0.2 | 0.0 | 0.0 | 0.1 | 0.0 | −100.0% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.2 | 1.6 | 1.5 | −8.8% | |
| Other income / expense | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | (0.1) | — | |
| Pre-tax income | (37.6) | 43.5 | (10.1) | 21.1 | 24.3 | 25.1 | +3.5% | |
| Income tax | (0.2) | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (37.6) | 43.5 | (10.1) | 21.1 | 24.3 | 25.1 | +3.5% | |
| 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) | (0.12) | 0.14 | (0.03) | 0.07 | 0.08 | 0.08 | +2.0% | |
| EPS, diluted (per share) | (0.12) | 0.14 | (0.03) | 0.07 | 0.08 | 0.08 | +2.0% | |
| EBITDA | (74.8) | 0.0 | (19.8) | 0.0 | 0.0 | 25.1 | — | |
| Depreciation & amortization | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 306,089,922 | 304,030,142 | 305,579,945 | 306,729,274 | 306,729,274 | 272,095,196 | −11.3% | |
| Weighted average diluted shares (shares) | 306,089,922 | 304,030,142 | 306,089,922 | 306,729,274 | 306,729,274 | 272,095,196 | −11.3% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 80.6% | −19.4 pts | |
| Operating margin | 104.5% | 97.4% | 114.1% | 94.5% | 94.8% | 76.4% | −18.4 pts | |
| Net margin | 104.5% | 97.4% | 114.6% | 94.5% | 94.8% | 76.0% | −18.8 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.
