Year ended December 31,

2025

2024

2023

(Euros in thousands, except share and per share data)

Numerator:

Net Profit/(loss)

(196,447

)

15,218

(94,649

)

Adjustments of profit or loss

—

—

—

Net Profit/(loss) available to common shareholders

(196,447

)

15,218

(94,649

)

Denominator:

Weighted average shares outstanding - Basic

122,348,434

105,744,929

80,546,682

Effect of potentially dilutive warrants / shares option

—

1,050,171

—

Weighted average shares outstanding - Diluted

122,348,434

106,795,100

80,546,682

Earning/(Loss) per share - Basic

(1.61

)

0.14

(1.18

)

Earning/(Loss) per share - Diluted

(1.61

)

0.14

(1.18

)