B 
0.82
-3.06%
Close of 9 Nov 2026, in EUR
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in EUR, from our data supplier.
Revenue
€51.6m
FY2016FY2025
Net income
−€35.9m
FY2016FY2025
Free cash flow
−€12.8m
FY2016FY2025
Shareholders' equity
€106.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €51.6m | €83.5m | €191.4m | €191.0m | €170.5m | €68.9m | €69.0m | €27.6m | €23.4m | €840,000 |
| Research and development | €4.9m | €17.0m | €23.7m | €14.1m | €14.2m | €10.5m | €9.3m | €6.8m | €4.3m | — |
| Operating income | −€32.0m | −€32.3m | −€65.7m | −€36.1m | −€25.7m | −€21.4m | −€15.3m | −€3.2m | €1.4m | −€141,714 |
| Net income | −€35.9m | €71.0m | −€83.9m | −€43.5m | −€25.6m | −€33.8m | −€24.4m | −€6.2m | €593,000 | −€661,633 |
| Diluted earnings per share | -0.97 | 1.91 | -2.34 | -1.22 | -0.76 | -1.11 | -1.16 | -0.29 | 0.03 | -0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €268.7m | €323.3m | €278.0m | €340.3m | €317.1m | €247.1m | €111.3m | €62.4m | €32.4m | €21.8m |
| Cash and short-term investments | €84.2m | €14.5m | €26.3m | €38.0m | €13.5m | €125.7m | €3.0m | €5.5m | €472,000 | €594,000 |
| Total liabilities | €161.7m | €175.0m | €202.1m | €182.0m | €120.7m | €78.9m | €130.5m | €58.1m | €21.9m | €13.4m |
| Debt | €42.5m | €44.0m | €125.0m | €114.3m | €43.4m | €33.8m | €95.9m | €39.5m | €8.9m | €2.9m |
| Shareholders' equity | €106.8m | €147.5m | €75.4m | €158.0m | €196.2m | €167.9m | −€19.2m | €4.2m | €10.5m | €8.4m |
| Shares outstanding | 37m | 37m | 36m | 36m | 33m | 30m | 21m | 21m | 21m | 11m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −€12.8m | €6.6m | €14.8m | −€12.4m | €4.1m | −€6.8m | −€4.5m | −€803,000 | €4.3m | — |
| Capital spending | −€70,000 | −€247,000 | −€17.1m | −€24.0m | −€22.0m | −€13.1m | −€7.6m | −€6.7m | −€4.7m | — |
| Free cash flow | −€12.8m | €6.4m | −€2.3m | −€36.4m | −€17.9m | −€19.9m | −€12.1m | −€7.5m | −€445,000 | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | €25.8m | €20.5m | €31.1m | €32.7m | €50.8m | €98.2m | €93.2m | €55.3m |
| Operating income | −€18.3m | −€15.6m | −€17.1m | −€21.2m | −€11.1m | −€10.6m | −€15.7m | €55.3m |
| Net income | −€18.3m | −€15.1m | −€26.1m | €95.5m | −€24.5m | −€59.8m | −€24.1m | −€22.8m |
| Diluted earnings per share | -0.49 | -0.41 | -0.70 | 2.56 | -0.66 | -1.67 | -0.67 | -0.64 |
| Cash from operations | −€6.0m | −€6.0m | −€5.0m | €1.0m | €5.0m | €17.0m | −€2.0m | — |
| Capital spending | — | — | — | — | — | — | — | −€12.0m |
| Total assets | €290.3m | €268.7m | €288.1m | €323.3m | €264.7m | €278.0m | €322.8m | €340.3m |
| Cash and short-term investments | €119.9m | €84.2m | €17.1m | €14.5m | €18.7m | €26.3m | €21.5m | €38.0m |
| Debt | €46.1m | €42.5m | €37.2m | €37.9m | €123.8m | €8.6m | €12.4m | €10.8m |
| Shareholders' equity | €88.4m | €106.8m | €125.3m | €147.5m | €51.7m | €75.4m | €132.4m | €158.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -35.3% | -5.6% | 68.7% |
| Operating income | -3.9% | 8.3% | 84.9% |
| Net income | -6.3% | 1.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -47.5% | -32.1% | -28.2% | -26.3% |
| Net margin | 26.0% | -17.8% | -20.0% | -20.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -3.2 | 1.7 | -1.1 | -3.0 | -19.6 | -22.5 |
| Price to sales | 2.3 | 1.4 | 0.5 | 0.7 | 2.9 | 11.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.