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Consolidated Statements of Profit or Loss and Other Comprehensive Income - EUR (€)
€ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Profit or loss [abstract]        
Revenue € 15,290 € 1,113 € 28,278 € 2,881
Cost of sales 1,693 0 7,025 0
Gross profit 13,597 1,113 21,253 2,881
Research and development costs 97,431 58,761 271,006 230,216
Selling, general and administrative expenses 60,671 39,284 164,675 111,876
Operating profit / (loss) (144,505) (96,932) (414,428) (339,211)
Share of profit / (loss) of associate (3,696) (3,855) (9,736) 19,434
Finance income 20,326 21,321 73,797 44,589
Finance expenses 41,247 877 25,381 2,580
Profit / (loss) before tax (169,122) (80,343) (375,748) (277,768)
Tax on profit / (loss) for the period 167 (5) (28) 253
Net profit / (loss) for the period (168,955) (80,348) (375,776) (277,515)
Attributable to owners of the Company € (168,955) € (80,348) € (375,776) € (277,515)
Basic and diluted earnings / (loss) per share € (3.03) € (1.47) € (6.70) € (5.13)
Number of shares used for calculation (basic and diluted) [1] 55,831,561 54,639,597 56,115,782 54,085,793
Statement of comprehensive income [abstract]        
Net profit / (loss) for the period € (168,955) € (80,348) € (375,776) € (277,515)
Items that may be reclassified subsequently to profit or loss:        
Exchange differences on translating foreign operations (2,207) 1,016 (2,538) 2,781
Other comprehensive income / (loss) for the period, net of tax (2,207) 1,016 (2,538) 2,781
Total comprehensive income / (loss) (171,162) (79,332) (378,314) (274,734)
Attributable to owners of the Company € (171,162) € (79,332) € (378,314) € (274,734)
[1] As of September 30, 2022, a total of 6,937,495 warrants outstanding, each carrying the right to subscribe for one ordinary share, and 575,000 convertible senior notes which can potentially be converted into 3,456,785 ordinary shares, can potentially dilute earnings per share in the future but have not been included in the calculation of diluted earnings per share because they are antidilutive for the periods presented. Similarly, a total of 6,046,356 warrants outstanding as of September 30, 2021, are also considered antidilutive for the periods presented and have not been included in the calculation. The weighted average number of shares takes into account the weighted average effect of changes in treasury shares during the period.