v3.25.4

Consolidated Statements of Profit or (Loss) and Other Comprehensive Income or (Loss) - EUR (€) € in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Profit or loss [abstract] |  |  |
Revenue | € 720,132 | € 363,641 | € 266,718
Cost of sales | (94,915) | (44,258) | (44,395)
Gross profit | 625,217 | 319,383 | 222,323
Research and development expenses | (303,621) | (307,004) | (413,454)
Selling, general, and administrative expenses | (457,867) | (291,142) | (264,410)
Operating profit/(loss) | (136,271) | (278,763) | (455,541)
Share of profit/(loss) of associates | 16,308 | (20,060) | (18,395)
Finance income | 113,999 | 25,609 | 43,857
Finance expenses | (206,687) | (100,027) | (44,065)
Profit/(loss) before tax | (212,651) | (373,241) | (474,144)
Income taxes (expenses) | (15,383) | (4,843) | (7,303)
Net profit/(loss) for the year | (228,034) | (378,084) | (481,447)
Attributable to owners of the Company | € (228,034) | € (378,084) | € (481,447)
Basic earnings/(loss) per share | € (3.76) | € (6.53) | € (8.55)
Diluted earnings/(loss) per share | € (3.76) | € (6.53) | € (8.55)
Statement of comprehensive income [abstract] |  |  |
Net profit/(loss) for the year | € (228,034) | € (378,084) | € (481,447)
Items that may be reclassified subsequently to profit or (loss): |  |  |
Exchange differences on translating foreign operations | (3,538) | 1,062 | (2,731)
Other comprehensive income/(loss) for the year, net of tax | (3,538) | 1,062 | (2,731)
Total comprehensive income/(loss) | (231,572) | (377,022) | (484,178)
Attributable to owners of the Company | € (231,572) | € (377,022) | € (484,178)

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