v3.25.2
Unaudited Condensed Consolidated Interim Statements of Profit or Loss and Other Comprehensive Income or Loss
€ in Thousands, $ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2025
EUR (€)
€ / shares
Jun. 30, 2025
USD ($)
$ / shares
Jun. 30, 2024
EUR (€)
€ / shares
Dec. 31, 2024
EUR (€)
€ / shares
Profit or loss [abstract]        
Revenues € 20,136 $ 23,619 [1] € 19,456 € 40,467
Operating expenses (9,206) (10,798) [1] (9,523) (19,803)
Depreciation and amortization expenses (8,488) (9,956) [1] (8,231) (15,887)
Gross profit 2,442 2,865 [1] 1,702 4,777
Project development costs (2,870) (3,366) [1] (2,281) (4,101)
General and administrative expenses (3,384) (3,969) [1] (3,034) (6,063)
Share of profits of equity accounted investee 12 14 [1] 1,809 11,062
Other income 1,431 1,678 [1] 3,409
Operating profit (loss) (2,369) (2,778) [1] (1,804) 9,084
Financing income 7,051 8,270 [1] 2,424 2,495
Financing income in connection with derivatives and warrants, net 439 515 [1] 2,852 1,140
Financing expenses (8,468) (9,933) [1] (7,886) (23,286)
Financing expenses, net (978) (1,148) [1] (2,610) (19,651)
Loss before taxes on income (3,347) (3,926) [1] (4,414) (10,567)
Tax benefit 1,771 2,077 [1] 988 1,424
Loss from continuing operations (1,576) (1,849) [1] (3,426) (9,143)
Profit from discontinued operations (net of tax) [1] 79 137
Loss for the period (1,576) (1,849) [2] (3,347) (9,006)
Loss attributable to:        
Owners of the Company 310 364 [1] (1,434) (6,524)
Non-controlling interests (1,886) (2,213) [1] (1,913) (2,482)
Other comprehensive loss items that after initial recognition in comprehensive income (loss) were or will be transferred to profit or loss:        
Foreign currency translation differences for foreign operations (9,048) (10,613) [1] (433) 8,007
Foreign currency translation differences for foreign operations that were recognized in profit or loss [1] 255 255
Effective portion of change in fair value of cash flow hedges 2,634 3,090 [1] 9,126 5,631
Net change in fair value of cash flow hedges transferred to profit or loss (2,282) (2,677) [1] (3,284) (813)
Total other comprehensive income (loss) (8,696) (10,200) [1] 5,664 13,080
Total comprehensive income (loss) for the period (10,272) (12,049) 2,317 4,074
Total other comprehensive income (loss) attributable to:        
Owners of the Company (8,855) (10,386) [1] 2,705 10,039
Non-controlling interests 159 186 [1] 2,959 3,041
Total other comprehensive income (loss) (8,696) (10,200) [1] 5,664 13,080
Total comprehensive income (loss) for the period (10,272) (12,049) 2,317 4,074
Total comprehensive income (loss) for the period attributable to:        
Owners of the Company (8,545) (10,022) [1] 1,271 3,515
Non-controlling interests (1,727) (2,027) [1] 1,046 559
Total comprehensive income (loss) for the period € (10,272) $ (12,049) € 2,317 € 4,074
Basic loss per share (in Euro per share and Dollars per share) | (per share) € 0.02 $ 0.02 [1] € (0.1) € (0.51)
Diluted loss per share (in Euro per share and Dollars per share) | (per share) 0.02 0.02 [1] (0.1) (0.51)
Basic loss per share from continuing operations (in Euro per share and Dollars per share) | (per share) 0.02 0.02 [1] (0.11) (0.52)
Diluted loss per share from continuing operations (in Euro per share and Dollars per share) | (per share) 0.02 0.02 [1] (0.11) (0.52)
Basic profit per share from discontinued operation (in Euro per share and Dollars per share) | (per share) [1] 0.01 0.01
Diluted profit per share from discontinued operation (in Euro per share and Dollars per share) | (per share) [1] € 0.01 € 0.01
[1] Convenience translation into US$ (exchange rate as at June 30, 2025: EUR 1 = US$ 1.173)
[2] Convenience translation into US$ (exchange rate as at June 30, 2025: EUR 1 = US$ 1.173)