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Revenue from Contracts with Customers
12 Months Ended
Dec. 31, 2023
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Revenue from Contracts with Customers

19. REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregation of revenue from contracts with customers set out below is the disaggregation of the Group’s revenue from contracts with customers:

 

 

 

Year ended December 31,

 

(In thousand Euros)

 

2023

 

 

2022

 

 

2021

 

Lines:

 

 

 

 

 

 

 

 

 

Sales of goods

 

 

129,416

 

 

 

136,372

 

 

 

69,105

 

Sales of services

 

 

14,353

 

 

 

7,813

 

 

 

2,474

 

Total

 

 

143,769

 

 

 

144,185

 

 

 

71,579

 

Geographical markets (*):

 

 

 

 

 

 

 

 

 

EMEA

 

 

116,929

 

 

 

120,619

 

 

 

66,872

 

NORAM

 

 

25,701

 

 

 

23,552

 

 

 

4,687

 

APAC

 

 

1,139

 

 

 

14

 

 

 

20

 

Total

 

 

143,769

 

 

 

144,185

 

 

 

71,579

 

 

(*) The differences between geographical markets information and the segment disclosures in the Note 7 comes from the intercompany eliminations.

There is no individual customer exceeding 10% of total revenues during 2023, 2022 or 2021.

Service revenue includes mainly installations services, software operation and maintenance.

The sale of installation services is always made in combination with the sale of a charger, although they are considered distinct performance obligations. Delivery of the charger and the installation services do not always happen at the same time, leading, in some cases, to chargers being delivered to customers with the installation pending. In this scenario, a contract liability is recognized when invoicing both services prior to rendering the installation services.

A contract liability is recognized if a payment is received or if a payment is due (whichever is earlier) from a customer before the Group transfers the related goods or services. Contract liabilities are recognized as revenue when the Group performs under the contract (i.e., transfers control of the related goods or services to the customer).