G 
0.31
-1.90%
Close of 9 Nov 2026, in EUR
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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.
Net income
€130.7m
FY2016FY2025
Free cash flow
−€52.9m
FY2016FY2025
Shareholders' equity
€214.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | €13.0m | €54.7m | €44.1m | €1 | €4 | €691,000 | €228,000 | €223,000 | €159,000 | €1 |
| Operating income | €26.0m | −€72.9m | −€77.6m | €18.4m | €90.9m | €119.9m | €149.0m | €56.9m | €16.0m | €9.1m |
| Net income | €130.7m | −€122.4m | −€165.9m | −€32.6m | €50.9m | €90.3m | €126.0m | €33.2m | €6.0m | €6.3m |
| Diluted earnings per share | 0.70 | -0.60 | -0.85 | -0.19 | 0.32 | 0.38 | 0.78 | 0.18 | 0.29 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €1.26bn | €1.27bn | €1.38bn | €1.43bn | €1.35bn | €1.12bn | €1.04bn | €798.6m | €208.8m | €139.9m |
| Cash and short-term investments | €13.8m | €23.9m | €82.2m | €174.0m | €141.6m | €79.1m | €286.3m | €85.7m | €14.7m | €17.9m |
| Total liabilities | €1.07bn | €1.20bn | €1.17bn | €1.05bn | €938.8m | €757.8m | €714.0m | €650.2m | €191.7m | €113.2m |
| Debt | €766.4m | €1.03bn | €929.4m | €815.9m | €687.7m | €606.0m | €616.0m | €590.1m | €179.1m | €103.5m |
| Shareholders' equity | €214.3m | €83.6m | €204.9m | €370.9m | €403.5m | €355.0m | €320.7m | €145.8m | €16.7m | €26.7m |
| Shares outstanding | 187m | 205m | 196m | 176m | 159m | 235m | 162m | 187m | 21m | 187m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −€52.9m | −€23.4m | −€132.0m | −€135.4m | −€91.2m | −€91.3m | −€216.2m | −€64.5m | −€12.5m | €953,452 |
| Capital spending | −€17,000 | −€18,000 | −€86,000 | −€190,000 | −€331,000 | −€712,000 | −€492,000 | −€6,000 | −€104,403 | −€61,094 |
| Free cash flow | −€52.9m | −€23.4m | −€132.1m | −€135.6m | −€91.5m | −€92.0m | −€216.7m | −€64.5m | −€12.6m | €892,358 |
| Dividends paid | — | — | — | — | — | −€56.0m | −€18.7m | −€18.7m | −€18.7m | −€18.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | €1.9m | €4.2m | −€13.0m | €11.0m | €15.5m | €8.6m | −€95.2m | €31.9m |
| Net income | −€7.0m | €14.2m | −€3.3m | €1.6m | €138.6m | −€6.2m | −€122.9m | €14.5m |
| Diluted earnings per share | -0.04 | 0.08 | -0.02 | 0.01 | 0.74 | -0.03 | -0.60 | 0.07 |
| Cash from operations | −€6.0m | −€7.0m | −€17.0m | −€14.0m | −€5.0m | −€14.0m | −€11.0m | −€10.0m |
| Total assets | €1.23bn | €1.23bn | €1.26bn | €1.31bn | €1.31bn | €1.28bn | €1.27bn | €1.40bn |
| Cash and short-term investments | €2.3m | €3.0m | €13.8m | €6.2m | €6.6m | €4.5m | €23.9m | €65.6m |
| Debt | €711.3m | €634.1m | €886.5m | €770.7m | €850.8m | €904.3m | €883.2m | €976.6m |
| Shareholders' equity | €221.5m | €228.5m | €214.3m | €217.6m | €216.0m | €77.4m | €83.6m | €205.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 32.2% | 47.6% | 48.8% |
| Operating income | 12.3% | -26.3% | — |
| Net income | — | 7.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -26.1% | -45.5% | 32.2% | 74.1% |
| Net margin | 4.6% | -81.7% | -15.1% | 27.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 0.4 | -0.4 | -0.5 | -13.8 | 7.9 | 4.9 | 3.5 | 3.6 | 2.2 | 18.9 |
| Price to sales | 0.9 | 0.4 | 2.9 | 18.3 | 4.8 | 54.3 | 4.7 | 6.4 | 1.9 | 17.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 May 2020.
| FY2019 | |
|---|---|
| Paid in the year | 0.026 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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