| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.0 | 7.8 | 51.2 | 266.7 | 363.6 | 691.7 | +90.2% | |
| Cost of revenue | 0.0 | 3.5 | 12.1 | 44.4 | 44.3 | 103.2 | +133.1% | |
| Gross profit | 7.0 | 4.3 | 39.0 | 222.3 | 319.4 | 588.5 | +84.3% | |
| Research & development | 260.9 | 295.9 | 379.6 | 413.5 | 307.0 | 283.5 | −7.7% | |
| Selling, general & administrative | 76.7 | 160.2 | 215.9 | 258.8 | 284.5 | 435.9 | +53.2% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 337.6 | 456.0 | 600.9 | 677.9 | 598.1 | 719.4 | +20.3% | |
| Operating income | (330.6) | (451.8) | (561.8) | (455.5) | (278.8) | (130.9) | +53.0% | |
| Interest expense | 1.9 | 3.9 | 30.7 | 44.1 | 65.5 | 77.5 | +18.3% | |
| Interest income | 1.8 | 0.7 | 7.4 | 16.9 | 14.4 | 14.7 | +2.3% | |
| Other income / expense | (88.6) | 67.8 | (16.0) | (18.6) | (94.5) | (73.4) | +22.3% | |
| Pre-tax income | (419.2) | (383.9) | (577.8) | (474.1) | (373.2) | (204.3) | +45.3% | |
| Income tax | (0.2) | (0.4) | 5.4 | 7.3 | 4.8 | 14.8 | +205.1% | |
| Net income | (419.0) | (383.6) | (583.2) | (481.4) | (378.1) | (219.0) | +42.1% | |
| 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) | (8.28) | (7.00) | (10.40) | (8.55) | (6.53) | (3.62) | +44.6% | |
| EPS, diluted (per share) | (8.28) | (7.00) | (10.40) | (8.55) | (6.53) | (3.62) | +44.6% | |
| EBITDA | (407.8) | (364.6) | (529.2) | (411.2) | (290.0) | (109.8) | +62.1% | |
| Depreciation & amortization | 9.4 | 15.4 | 17.5 | 18.9 | 17.7 | 17.0 | −4.0% | |
| Weighted average shares (shares) | 50,616,528 | 54,771,763 | 56,071,793 | 56,287,060 | 57,891,570 | 60,607,131 | +4.7% | |
| Weighted average diluted shares (shares) | 50,616,528 | 54,771,763 | 56,071,793 | 56,287,060 | 57,891,570 | 60,607,131 | +4.7% | |
| Gross margin | 100.0% | 54.7% | 76.3% | 83.4% | 87.8% | 85.1% | −2.7 pts | |
| Operating margin | −4,755.1% | −5,808.6% | −1,097.9% | −170.8% | −76.7% | −18.9% | +57.7 pts | |
| Net margin | −6,025.5% | −4,931.6% | −1,139.6% | −180.5% | −104.0% | −31.7% | +72.3 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 USD.
