Half-Year Financial Report 2026

Consolidated Statement of Income and Comprehensive Income/Loss (–) (unaudited)

Consolidated income statement

 

Six months ended June 30

(thousands of €, except per share data)

2026

2025

Supply revenues

14,049

18,486

Collaboration revenues

4,542

121,779

Total net revenues

18,591

140,265

 

 

 

Cost of sales

(13,944)

(18,435)

Research and development expenses

(56,486)

(278,027)

Sales and marketing expenses

(5,826)

(1,556)

General and administrative expenses

(52,184)

(72,914)

Other operating income

2,635

14,932

Operating loss

(107,214)

(215,735)

 

 

 

Fair value adjustments and net currency exchange differences

97,119

(66,228)

Other financial income

26,479

22,536

Other financial expenses

(414)

(1,364)

Profit/loss (–) before tax

15,970

(260,791)

 

 

 

Income taxes

(140)

1,788

Net profit/loss (–) from continuing operations

15,830

(259,003)

 

 

 

Net profit/loss (–) from discontinued operations, net of tax

771

(148)

 

 

 

Net profit/loss (–)

16,601

(259,151)

 

 

 

Net profit/loss (–) attributable to:

 

 

Owners of the parent

16,601

(259,151)

Basic and diluted earnings/loss (–) per share

0.25

(3.93)

Basic and diluted earnings/loss (–) per share from continuing operations

0.24

(3.93)

The accompanying notes form an integral part of these condensed consolidated financial statements.

Consolidated statement of comprehensive income/loss (–)

 

Six months ended June 30

(thousands of €)

2026

2025

Net profit/loss (–)

16,601

(259,151)

Items that will not be reclassified subsequently to profit or loss:

 

 

Fair value adjustment financial assets held at fair value through other comprehensive income

469

(6,012)

Items that may be reclassified subsequently to profit or loss:

 

 

Translation differences, arisen from translating foreign activities

9,990

(618)

 

 

 

Other comprehensive income/loss (–), net of income tax

10,459

(6,630)

 

 

 

Total comprehensive income/loss (–) attributable to:

 

 

Owners of the parent

27,060

(265,781)

 

 

 

Total comprehensive income/loss (–) attributable to owners of the parent arises from:

 

 

Continuing operations

26,289

(265,633)

Discontinued operations

771

(148)

Total comprehensive income/loss (–), net of income tax

27,060

(265,781)

The accompanying notes form an integral part of these condensed consolidated financial statements.