Basic and diluted loss per share

12 Months Ended

Dec. 31, 2023

Basic and diluted loss per share

Basic and diluted loss per share

Note 25. Basic and diluted loss per share

Basic earnings (loss) per share are calculated by dividing net income (loss) attributable to owners of the Company by the weighted average number of ordinary shares outstanding during the period.

	As of December 31,
(in thousands of euros)	2021	2022	2023
Net loss for the period	(49,635)	(54,274)	(110,426)
Weighted average number of shares outstanding used to calculate basic/diluted loss per share (1)	39,168,152	41,449,732	45,351,799
Basic/diluted loss per share (in €)	(1.27)	(1.31)	(2.43)

(1)In accordance with IAS 33.19, basic/diluted earnings per share exclude treasury shares held by the Group as of December 31, 2023.

As the Company recorded a loss in 2021, 2022 and 2023, diluted earnings (loss) per share are identical to basic earnings (loss) per share. Share based payment plans (BSAs, BSPCEs, AGAs and PAGUPs) are not included as their effects would be anti-dilutive.