| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 207.5 | 133.0 | 148.5 | 218.5 | 236.7 | 345.8 | +46.1% | |
| Cash & short-term investments | 232.0 | 145.1 | 362.2 | 425.9 | 604.5 | 469.1 | −22.4% | |
| Receivables | 2.9 | 2.4 | 1.1 | 5.7 | 6.7 | 6.9 | +2.0% | |
| Inventory | 3.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 239.0 | 152.2 | 377.2 | 449.4 | 629.6 | 503.8 | −20.0% | |
| Property, plant & equipment | 14.0 | 20.5 | 26.5 | 57.1 | 63.7 | 54.9 | −13.9% | |
| Goodwill & intangibles | 0.9 | 1.3 | 1.6 | 1.5 | 1.6 | 1.6 | −2.9% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 254.6 | 174.6 | 407.8 | 510.0 | 696.1 | 562.1 | −19.3% | |
| Payables | 2.6 | 3.0 | 4.0 | 7.7 | 10.1 | 0.3 | −96.6% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 60.6 | 95.1 | 106.5 | 156.6 | 68.0 | 43.0 | −36.8% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 6.2 | 9.9 | 14.6 | 15.4 | 16.2 | 15.6 | −3.5% | |
| Net debt | (201.3) | (123.1) | (134.0) | (203.1) | (220.5) | (330.1) | −49.7% | |
| Deferred revenue | 46.6 | 50.4 | 65.0 | 100.4 | 35.9 | 15.8 | −56.0% | |
| Total liabilities | 150.4 | 150.6 | 194.7 | 284.9 | 121.3 | 78.2 | −35.5% | |
| Total equity | 104.3 | 24.1 | 213.2 | 225.1 | 574.8 | 483.9 | −15.8% | |
| Retained earnings | (462.3) | (537.8) | (500.3) | (597.3) | (589.5) | (785.7) | −33.3% |
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.
