| EUR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 222.6 | 308.8 | 422.3 | 426.2 | 328.6 | 240.5 | −26.8% | |
| Cost of revenue | 105.2 | 138.9 | 184.4 | 175.2 | 145.8 | 100.6 | −31.0% | |
| Gross profit | 117.4 | 169.9 | 237.9 | 250.9 | 182.8 | 139.9 | −23.5% | |
| Research & development | 7.5 | 8.6 | 11.9 | 6.3 | 5.2 | 0.0 | −100.0% | |
| Selling, general & administrative | 266.8 | 288.0 | 377.9 | 365.0 | 326.2 | 277.9 | −14.8% | |
| Selling & marketing | 151.6 | 165.5 | 224.7 | 226.8 | 208.8 | 170.6 | −18.3% | |
| Operating expenses | 241.7 | 232.7 | 463.3 | 373.4 | 339.2 | 288.1 | −15.0% | |
| Operating income | (124.3) | (62.8) | (225.3) | (122.4) | (156.4) | (148.3) | +5.2% | |
| Interest expense | 11.2 | 10.9 | 20.1 | 19.6 | 28.8 | 42.4 | +47.5% | |
| Interest income | 0.0 | 0.0 | 0.1 | 0.3 | 0.4 | 0.1 | −74.6% | |
| Other income / expense | (13.0) | (9.3) | (14.6) | (20.4) | (29.8) | (118.9) | −298.6% | |
| Pre-tax income | (137.3) | (72.1) | (239.9) | (142.8) | (186.2) | (267.1) | −43.5% | |
| Income tax | (1.6) | 4.3 | (0.1) | 3.4 | 3.1 | (15.8) | −612.5% | |
| Net income | (110.8) | (65.4) | (218.3) | (129.3) | (165.3) | (238.5) | −44.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (12.0) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (1.53) | (1.42) | (2.15) | (0.98) | (1.41) | (2.03) | −44.0% | |
| EPS, diluted (per share) | (1.53) | (1.42) | (2.15) | (0.98) | (1.41) | (2.03) | −44.0% | |
| EBITDA | (137.6) | (109.3) | (93.4) | (94.4) | (117.5) | (182.1) | −55.0% | |
| Depreciation & amortization | 11.9 | 9.4 | 45.8 | 13.3 | 10.9 | 42.6 | +291.8% | |
| Weighted average shares (shares) | 72,606,000 | 53,750,000 | 101,442,000 | 131,625,000 | 117,320,000 | 117,314,063 | −0.0% | |
| Weighted average diluted shares (shares) | 72,606,000 | 53,750,000 | 101,442,000 | 131,625,000 | 117,320,000 | 117,314,000 | −0.0% | |
| Gross margin | 52.7% | 55.0% | 56.3% | 58.9% | 55.6% | 58.2% | +2.5 pts | |
| Operating margin | −55.8% | −20.3% | −53.4% | −28.7% | −47.6% | −61.6% | −14.1 pts | |
| Net margin | −49.8% | −21.2% | −51.7% | −30.3% | −50.3% | −99.2% | −48.9 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.
