| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Cost of revenue | 33.8 | 45.5 | 50.8 | 0.0 | 0.0 | 0.0 | — | |
| Gross profit | (33.8) | (45.5) | (50.8) | 0.0 | 0.0 | 0.0 | — | |
| Research & development | 0.0 | 47.8 | 48.3 | 103.2 | 146.5 | 177.8 | +21.3% | |
| Selling, general & administrative | 5.6 | 5.6 | 7.5 | 28.8 | 38.9 | 72.9 | +87.3% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.7 | 0.9 | 0.2 | −76.0% | |
| Operating expenses | 4.2 | (4.1) | 14.1 | 127.4 | 173.0 | 246.1 | +42.2% | |
| Operating income | (38.0) | (41.4) | (64.8) | (127.4) | (173.0) | (246.1) | −42.2% | |
| Interest expense | 2.1 | 3.6 | 6.9 | 13.8 | 12.4 | 28.5 | +129.1% | |
| Interest income | 0.0 | 0.0 | 0.0 | 2.8 | 9.0 | 5.8 | −35.8% | |
| Other income / expense | (40.1) | (1.1) | 4.1 | (20.4) | (3.3) | (84.2) | −2484.3% | |
| Pre-tax income | (40.1) | (42.5) | (60.7) | (147.7) | (176.2) | (330.3) | −87.4% | |
| Income tax | (2.6) | 0.0 | 0.0 | 0.0 | 0.0 | 5.8 | — | |
| Net income | (37.6) | (42.5) | (60.7) | (147.7) | (176.2) | (336.1) | −90.7% | |
| 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) | (2.62) | (2.75) | (3.18) | (3.43) | (2.80) | (4.65) | −66.1% | |
| EPS, diluted (per share) | (2.62) | (2.75) | (3.18) | (3.43) | (2.80) | (4.65) | −66.1% | |
| EBITDA | (38.0) | (38.6) | (53.3) | (133.2) | (162.7) | (300.7) | −84.8% | |
| Depreciation & amortization | 0.1 | 0.3 | 0.5 | 0.7 | 1.1 | 1.1 | −2.5% | |
| Weighted average shares (shares) | 14,307,471 | 15,456,000 | 19,092,000 | 43,066,000 | 63,046,000 | 69,527,315 | +10.3% | |
| Weighted average diluted shares (shares) | 14,307,471 | 15,456,000 | 19,092,000 | 43,066,000 | 63,046,000 | 69,527,315 | +10.3% | |
| Gross margin | −53,623.8% | — | — | — | — | — | — | |
| Operating margin | −60,330.2% | — | — | — | — | — | — | |
| Net margin | −59,604.8% | — | — | — | — | — | — |
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 USD.
