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Consolidated Statements of Profit or Loss and Other Comprehensive Income - EUR (€)
€ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Profit or loss [abstract]    
Revenue € 33,589 € 6,828
Cost of sales 4,621 4,246
Gross profit 28,968 2,582
Research and development costs 106,114 83,193
Selling, general and administrative expenses 66,539 47,418
Operating profit / (loss) (143,685) (128,029)
Share of profit / (loss) of associate (1,227) (4,873)
Finance income 45,135 13,044
Finance expenses 9,840 5,399
Profit / (loss) before tax (109,617) (125,257)
Income taxes (expenses) (1,297) (241)
Net profit / (loss) for the period (110,914) (125,498)
Attributable to owners of the Company € (110,914) € (125,498)
Basic and diluted earnings / (loss) per share € (1.98) € (2.21)
Number of shares used for calculation (basic and diluted) [1] 56,091,927 56,720,063
Statement of comprehensive income [abstract]    
Net profit / (loss) for the period € (110,914) € (125,498)
Items that may be reclassified subsequently to profit or loss:    
Exchange differences on translating foreign operations (787) 425
Other comprehensive income / (loss) for the period, net of tax (787) 425
Total comprehensive income / (loss) (111,701) (125,073)
Attributable to owners of the Company € (111,701) € (125,073)
[1] As of March 31, 2023 and March 31, 2022, a total of 6,761,296 and 7,060,788 warrants outstanding, respectively, 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.