v3.25.4

Consolidated Statements of Changes in Equity - EUR (€) € in Thousands | Total | Share Capital [member] | Share Premium [member] | Treasury shares [member] | Foreign Currency Translation Reserve [member] | Accumulated Deficit [member]
--- | --- | --- | --- | --- | --- | ---
Equity at Dec. 31, 2022 | € 263,348 | € 7,675 | € 2,112,863 | € (149) | € 3,452 | € (1,860,493)
Net profit/(loss) for the year | (481,447) |  |  |  |  | (481,447)
Other comprehensive income/(loss), net of tax | (2,731) |  |  |  | (2,731) |
Total comprehensive income/(loss) | (484,178) |  |  | 0 | (2,731) | (481,447)
Share-based payment | 66,660 |  |  |  |  | 66,660
Transfer under stock incentive programs |  |  |  | 3 |  | (3)
Net settlement under stock incentive programs | (1,812) |  |  |  |  | (1,812)
Capital increase | 10,285 | 74 | 10,211 | 0 |  | 0
Equity at Dec. 31, 2023 | (145,697) | 7,749 | 2,123,074 | (146) | 721 | (2,277,095)
Net profit/(loss) for the year | (378,084) |  |  |  |  | (378,084)
Other comprehensive income/(loss), net of tax | 1,062 |  |  |  | 1,062 |
Total comprehensive income/(loss) | (377,022) |  |  | 0 | 1,062 | (378,084)
Share-based payment | 95,512 |  |  |  |  | 95,512
Transfer under stock incentive programs |  |  |  | 33 |  | (33)
Capital increase | 340,792 | 400 | 340,392 |  |  |
Cost of capital increase | (19,291) |  | (19,291) |  |  |
Equity at Dec. 31, 2024 | (105,706) | 8,149 | 2,444,175 | (113) | 1,783 | (2,559,700)
Net profit/(loss) for the year | (228,034) |  |  |  |  | (228,034)
Other comprehensive income/(loss), net of tax | (3,538) |  |  |  | (3,538) |
Total comprehensive income/(loss) | (231,572) |  |  | 0 | (3,538) | (228,034)
Share-based payment | 116,171 |  |  |  |  | 116,171
Acquisition of treasury shares | (17,396) |  |  | (16) |  | (17,380)
Transfer under stock incentive programs |  |  |  | 49 |  | (49)
Net settlement under stock incentive programs | (11,396) |  |  |  |  | (11,396)
Capital increase | 87,078 | 173 | 86,905 |  |  |
Equity at Dec. 31, 2025 | € (162,821) | € 8,322 | € 2,531,080 | € (80) | € (1,755) | € (2,700,388)

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