Unaudited Condensed Consolidated Statements of Changes in Equity - EUR (€) € in Thousands	Subscribed capital	Capital reserve	Retained earnings (losses)	Hedging reserve	Foreign currency translation reserve	Total
Balance at beginning of period at Jun. 30, 2024	€ 1	€ 546,913	€ (112,767)		€ 1,496	€ 435,643
Net loss			(28,211)			(28,211)
Other comprehensive income (loss)				€ (2,291)	18	(2,273)
Comprehensive loss			(28,211)	(2,291)	18	(30,484)
Reclassification due to cash settlement of share-based compensation		(66)				(66)
Share-based compensation		9,642				9,462
Balance at ending of period at Dec. 31, 2024	1	556,489	(140,978)	(2,291)	1,514	414,736
Balance at beginning of period at Jun. 30, 2025	2	912,039	457,192		(4,469)	1,364,764
Net loss			(105,935)			(105,935)
Other comprehensive income (loss)				(3,490)	6,234	2,743
Comprehensive loss			(105,935)	(3,490)	6,234	(103,192)
Share options exercised		2,460				2,460
Share-based compensation		7,004				7,004
Balance at ending of period at Dec. 31, 2025	€ 2	€ 921,503	€ 351,257	€ (3,490)	€ 1,765	€ 1,271,037

The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.

The amount of residual interest in the assets of the entity after deducting all its liabilities.

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- Definition

The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

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