v3.25.4
Unaudited Condensed Consolidated Statements of Cash Flows - EUR (€)
€ in Thousands
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Unaudited Condensed Consolidated Statements of Cash Flows    
Net Loss € (105,935) € (28,211)
Adjustments for    
Depreciation and amortization, impairment and asset disposals 25,146 11,057
Finance (income) costs, net 3,460 3,174
Share-based compensation 7,004 9,642
Income tax (benefit) expense 2,927 (7,542)
Change in operating assets and liabilities    
(Increase) decrease in inventories (40,231) (33,935)
Decrease in trade and other receivables 61,951 2,432
(Increase) Decrease in other assets (41,194) 11,121
Increase in other liabilities 101,847 14,403
Increase (Decrease) in contract liabilities 11 (185)
(Decrease) in trade and other payables (47,237) (13,405)
Income taxes paid (372) (1,158)
Interest received 3,369  
Net cash used in operating activities (29,255) (32,607)
Expenditure for property, equipment and intangible assets (5,616) (1,708)
Proceeds from the sale of property, equipment and intangible assets 813  
Investment in fixed income securities (125,000)  
Net cash used in investing activities (129,803) (1,708)
Interest paid (5,714) (3,045)
Proceeds from borrowings   40,594
Lease payments (19,844) (4,572)
Proceeds from exercise of option awards 2,460  
Cash settlement of share-based compensation   (66)
Net cash inflow from financing activities (23,098) 32,911
Net decrease in cash and cash equivalents (182,155) (1,404)
Cash and cash equivalents at the beginning of the period 603,593 15,107
Effects of exchange rate changes on cash and cash equivalents (2,836) 134
Cash and cash equivalents at end of the period € 418,601 € 13,836