| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.4 | 4.2 | 12.2 | 17.5 | 9.2 | 4.5 | −51.3% | |
| Cost of revenue | 0.8 | 1.0 | 1.0 | (0.0) | 3.9 | 2.8 | −28.0% | |
| Gross profit | 4.4 | 4.2 | 17.1 | 17.5 | 9.2 | 1.5 | −83.6% | |
| Research & development | 23.7 | 48.5 | 60.5 | 110.0 | 90.9 | 83.6 | −8.0% | |
| Selling, general & administrative | 9.1 | 11.5 | 15.5 | 15.6 | 17.1 | 53.9 | +215.2% | |
| Selling & marketing | 0.6 | 0.4 | 2.6 | 1.8 | 1.7 | 4.8 | +187.1% | |
| Operating expenses | 34.1 | 56.3 | 74.2 | 120.2 | 106.8 | 137.4 | +28.7% | |
| Operating income | (29.7) | (52.1) | (57.1) | (102.7) | (97.6) | (130.9) | −34.2% | |
| Interest expense | 0.1 | 0.1 | 0.7 | 5.2 | 12.2 | 32.3 | +165.2% | |
| Interest income | 0.2 | 0.1 | 0.4 | 0.9 | 1.1 | 2.8 | +147.5% | |
| Other income / expense | (3.9) | 2.8 | 2.8 | (7.1) | (86.3) | (211.4) | −144.8% | |
| Pre-tax income | (33.6) | (49.3) | (54.3) | (109.8) | (183.9) | (342.3) | −86.1% | |
| Income tax | 0.0 | 0.4 | (0.0) | 0.6 | 0.3 | 0.0 | −93.0% | |
| Net income | (33.6) | (49.6) | (54.3) | (110.4) | (184.2) | (340.2) | −84.7% | |
| 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 | −100.0% | |
| EPS, basic (per share) | (0.99) | (1.27) | (1.31) | (2.43) | (3.54) | (1.82) | +48.6% | |
| EPS, diluted (per share) | (0.99) | (1.27) | (1.31) | (2.43) | (3.54) | (1.82) | +48.6% | |
| EBITDA | (31.8) | (52.8) | (56.3) | (102.0) | (166.5) | (128.2) | +23.0% | |
| Depreciation & amortization | 0.8 | 0.9 | 0.9 | 2.6 | 5.2 | 2.8 | −46.2% | |
| Weighted average shares (shares) | 33,874,751 | 39,168,152 | 41,449,732 | 45,351,814 | 51,982,103 | 186,801,792 | +259.4% | |
| Weighted average diluted shares (shares) | 33,874,751 | 39,168,152 | 41,449,732 | 45,351,799 | 51,982,093 | 186,801,792 | +259.4% | |
| Gross margin | 1,187.4% | 100.0% | 140.1% | 100.1% | 100.0% | 33.7% | −66.3 pts | |
| Operating margin | −7,988.7% | −1,242.6% | −468.9% | −587.7% | −1,060.6% | −2,921.0% | −1860.3 pts | |
| Net margin | −9,037.4% | −1,183.5% | −445.6% | −631.8% | −2,002.7% | −7,587.8% | −5585.1 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.
