| DKK billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 126.9 | 140.8 | 177.0 | 232.3 | 290.4 | 309.1 | +6.4% | |
| Cost of revenue | 20.9 | 23.7 | 28.4 | 35.8 | 44.5 | 58.8 | +32.0% | |
| Gross profit | 106.0 | 117.1 | 148.5 | 196.5 | 245.9 | 250.3 | +1.8% | |
| Research & development | 15.5 | 17.8 | 24.0 | 32.4 | 48.1 | 52.0 | +8.3% | |
| Selling, general & administrative | 36.9 | 41.1 | 50.7 | 61.6 | 67.4 | 70.3 | +4.3% | |
| Selling & marketing | 32.9 | 37.0 | 46.2 | 56.7 | 62.1 | 64.3 | +3.6% | |
| Operating expenses | 51.9 | 58.5 | 73.7 | 93.9 | 117.5 | 122.6 | +4.3% | |
| Operating income | 54.1 | 58.6 | 74.8 | 102.6 | 128.3 | 127.7 | −0.5% | |
| Interest expense | 0.4 | 0.3 | 0.4 | 0.5 | 1.6 | 4.2 | +156.5% | |
| Interest income | 0.3 | 0.2 | 0.2 | 1.1 | 1.8 | 1.3 | −31.0% | |
| Other income / expense | (1.0) | 0.4 | (5.7) | 2.1 | (1.1) | 2.9 | +351.0% | |
| Pre-tax income | 53.1 | 59.1 | 69.1 | 104.7 | 127.2 | 130.5 | +2.6% | |
| Income tax | 11.0 | 11.3 | 13.5 | 21.0 | 26.2 | 28.1 | +7.3% | |
| Net income | 42.1 | 47.8 | 55.5 | 83.7 | 101.0 | 102.4 | +1.4% | |
| 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) | 9.03 | 10.40 | 12.26 | 18.67 | 22.67 | 23.06 | +1.7% | |
| EPS, diluted (per share) | 9.01 | 10.37 | 12.22 | 18.62 | 22.63 | 23.03 | +1.8% | |
| EBITDA | 59.3 | 65.4 | 76.8 | 114.6 | 147.9 | 156.7 | +5.9% | |
| Depreciation & amortization | 5.8 | 6.0 | 7.4 | 9.4 | 19.1 | 22.0 | +15.0% | |
| Weighted average shares (shares) | 4,667,800,000 | 4,593,200,000 | 4,530,600,000 | 4,482,800,000 | 4,453,900,000 | 4,447,851,000 | −0.1% | |
| Weighted average diluted shares (shares) | 4,680,000,000 | 4,606,200,000 | 4,544,600,000 | 4,494,800,000 | 4,463,000,000 | 4,447,851,000 | −0.3% | |
| Gross margin | 83.5% | 83.2% | 83.9% | 84.6% | 84.7% | 81.0% | −3.7 pts | |
| Operating margin | 42.6% | 41.7% | 42.3% | 44.2% | 44.2% | 41.3% | −2.9 pts | |
| Net margin | 33.2% | 33.9% | 31.4% | 36.0% | 34.8% | 33.1% | −1.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in DKK; the shares trade in USD.
