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Consolidated Statements of Profit or (Loss) and Other Comprehensive Income or (Loss) - EUR (€) € in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Profit or loss [abstract] |  |  |  |
Revenue |  | € 363,641 | € 266,718 | € 51,174
Cost of sales |  | 44,258 | 44,395 | 12,137
Gross profit |  | 319,383 | 222,323 | 39,037
Research and development costs |  | 307,004 | 413,454 | 379,624
Selling, general and administrative expenses |  | 291,142 | 264,410 | 221,227
Operating profit/(loss) |  | (278,763) | (455,541) | (561,814)
Share of profit/(loss) of associates |  | (20,060) | (18,395) | (17,697)
Finance income |  | 25,609 | 43,857 | 52,181
Finance expenses |  | 100,027 | 44,065 | 50,487
Profit/(loss) before tax |  | (373,241) | (474,144) | (577,817)
Income taxes (expenses) |  | (4,843) | (7,303) | (5,377)
Net profit/(loss) for the year |  | (378,084) | (481,447) | (583,194)
Attributable to owners of the Company |  | € (378,084) | € (481,447) | € (583,194)
Basic earnings/(loss) per share |  | € (6.53) | € (8.55) | € (10.4)
Diluted earnings/(loss) per share |  | € (6.53) | € (8.55) | € (10.4)
Number of shares used for calculation (basic and diluted) | [1] | 57,891,570 | 56,287,060 | 56,071,793
Statement of comprehensive income [abstract] |  |  |  |
Net profit/(loss) for the year |  | € (378,084) | € (481,447) | € (583,194)
Items that may be reclassified subsequently to profit or (loss): |  |  |  |
Exchange differences on translating foreign operations |  | 1,062 | (2,731) | (327)
Other comprehensive income/(loss) for the year, net of tax |  | 1,062 | (2,731) | (327)
Total comprehensive income/(loss) |  | (377,022) | (484,178) | (583,521)
Attributable to owners of the Company |  | € (377,022) | € (484,178) | € (583,521)
[1] | As of December 31, 2024, 2023 and 2022, a total of 6,204,122, 6,523,784 and 6,864,011 warrants outstanding, respectively, each carrying the right to subscribe for one ordinary share, and 575,000 convertible senior notes which can potentially be converted into 3,456,785 ordinary shares, can potentially dilute earnings per share in the future but have not been included in the calculation of diluted earnings per share because they are antidilutive for the years presented.

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