| CHF millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 133.7 | 71.8 | 87.9 | 67.3 | 63.9 | 82.7 | +29.4% | |
| Cash & short-term investments | 173.7 | 132.8 | 249.1 | 186.9 | 149.4 | 93.1 | −37.7% | |
| Receivables | 2.8 | 25.7 | 1.7 | 1.7 | 0.3 | 1.9 | +566.1% | |
| Inventory | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 177.8 | 164.2 | 254.8 | 192.5 | 154.3 | 96.9 | −37.2% | |
| Property, plant & equipment | 9.4 | 8.1 | 7.2 | 5.7 | 4.2 | 5.2 | +24.6% | |
| Goodwill & intangibles | 0.3 | 0.3 | 0.3 | 0.2 | 0.0 | 0.0 | −95.9% | |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total assets | 187.5 | 172.7 | 262.3 | 198.4 | 158.5 | 102.1 | −35.6% | |
| Payables | 2.8 | 4.9 | 1.0 | 0.4 | 0.7 | 0.9 | +38.0% | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 57.7 | 46.9 | 17.3 | 14.4 | 10.8 | 11.0 | +2.2% | |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total debt | 7.2 | 6.0 | 4.9 | 3.7 | 2.4 | 3.6 | +49.1% | |
| Net debt | (126.5) | (65.8) | (83.1) | (63.7) | (61.4) | (79.0) | −28.6% | |
| Deferred revenue | 42.9 | 28.3 | 6.4 | 4.3 | 0.0 | 0.0 | — | |
| Total liabilities | 80.3 | 65.4 | 27.1 | 21.9 | 16.9 | 21.8 | +28.9% | |
| Total equity | 107.2 | 107.3 | 235.2 | 176.4 | 141.6 | 80.3 | −43.3% | |
| Retained earnings | (195.2) | (251.0) | (127.8) | (191.8) | (246.3) | (311.8) | −26.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in CHF; the shares trade in USD.
