Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Loss per share

v3.25.1
Loss per share
12 Months Ended
Dec. 31, 2024
Earnings per share [abstract]  
Loss per share Loss per share
Basic loss per share is calculated by dividing the loss for the year attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares outstanding during the year (see explanations regarding the impact of the SPAC Transaction over the weighted average number of ordinary shares in Note 4).
The following table reflects the loss and share data used in the basic and diluted loss per share calculations for the years ended December 31, 2024, 2023, and 2022:
2024 2023 2022
Loss attributable to ordinary equity holders of the Company (in €‘000) (44,208) (109,898) (304,778)
Weighted average number of ordinary shares outstanding 272,184,355 268,217,951 251,434,593
Basic and diluted loss per share (in €) (0.16) (0.41) (1.21)
The Company only has ordinary shares. Refer to Note 23 for details about the Company’s share capital.
There is no difference between basic and diluted loss per share as the effect of the potential ordinary shares that would be issued by the Company under the First Special Fees Agreement, the Management Incentive Plan, the Long Term Incentive Plan or the Convertible Debt Agreement are anti-dilutive for all periods presented. Refer to Note 11.1, Note 11.3, Note 11.4 and Note 25 for details on the First Special Fees Agreement, the Management Incentive Plan, the Long Term Incentive Plan and the Convertible Debt Agreement, respectively.
There have been no other transactions involving ordinary shares or potential ordinary shares between the reporting date and the date of authorization of these consolidated financial statements.