Exhibit 99.1

 

Consolidated statement of comprehensive income

 

For the six months ended June 30:

 

kEUR

  2023   2022 
Continuing operations         
Revenue    38,276    9,431 
Cost of sales    -38,807    -14,255 
Gross profit (loss)    -531    -4,824 
Research and development expenses    -1,659    -1,030 
Selling and general administrative expenses    -16,284    -12,706 
Impairment losses on trade receivables and contract assets    -596    -141 
Other income    1,913    7,080 
Other expenses    -2,835    -384 
Operating result    -19,992    -12,005 
Finance income    136    5,023 
Finance expenses    -10,936    -161 
Net finance result    -10,800    4,862 
Result before tax    -30,792    -7,143 
Income tax benefits (expenses)    1,999    -166 
Result for the period    -28,793    -7,309 
Other comprehensive income           
Items that are or may be reclassified subsequently to profit or loss           
Foreign operations – foreign currency translation differences    51    43 
Other comprehensive income for the period, net of tax    51    43 
Total comprehensive income for the period    -28,742    -7,266 
Profit (loss) attributable to:           
Shareholders of the parent    -28,793    -7,309 
Non-controlling interests    
-
    
-
 
Total comprehensive income attributable to:           
Shareholders of the parent    -28,742    -7,266 
Non-controlling interests    
-
    
-
 
Earnings (loss) per share (in EUR)    
-
    
-
 
Diluted    -0.59    -0.15 
Basic    -0.59    -0.15 

 

Due to rounding, the sum of the numbers presented in the table above might not precisely equal the totals we provide.

 

As of June 30, 2023, foreign currency gains are presented as part of other operating income and foreign currency losses as part of other operating expenses. As of June 30, 2022, foreign currency gains had been presented as part of finance income whereas foreign currency losses had been presented as part of finance expense. Therefore, prior year figures have been adjusted accordingly to reflect the adjustment in presentation.

 

1

 

 

Consolidated statement of financial position

 

ASSETS

  Jun. 30,   Dec. 31, 
kEUR   2023   2022 
Intangible assets    23,514    22,059 
Right-of-use assets    3,572    3,366 
Property, plant, and equipment    6,161    5,390 
Other investments (non-current)    245    3,373 
Trade and other receivables (non-current)    4    4 
Deferred tax assets    
-
    
-
 
Non-current assets    33,496    34,192 
Inventories    61,682    53,137 
Contract assets    
-
    6 
Trade and other receivables (current)    26,860    17,666 
Cash and cash equivalents    13,964    34,441 
Current assets    102,506    105,250 
Total assets    136,002    139,442 

 

EQUITY AND LIABILITIES    Jun. 30,    Dec. 31, 
kEUR    2023    2022 
Share capital    4    4 
Capital reserves    217,292    216,815 
Other equity    95    45 
Retained earnings    -136,117    -117,211 
Profit (loss)    -28,793    -18,906 
Equity attributable to owners of the Company    52,481    80,747 
Non-controlling interests    
-
    
-
 
Total equity    52,481    80,747 
Lease liabilities (non-current)    2,849    2,635 
Warrant liabilities (non-current)    14,138    2,439 
Trade and other payables (non-current)    171    150 
Contract liabilities (non-current)    101    138 
Other provisions (non-current)    7,754    6,719 
Deferred tax liabilities    2,227    4,241 
Non-current liabilities    27,240    16,322 
Lease liabilities (current)    856    842 
Loans and borrowings (current)    10,872    
-
 
Tax liabilities    190    190 
Trade and other payables (current)    19,752    15,702 
Contract liabilities (current)    22,686    23,583 
Other provisions (current)    1,925    2,056 
Current liabilities    56,281    42,373 
Total liabilities    83,521    58,695 
Total equity and liabilities    136,002    139,442 

 

Due to rounding, the sum of the numbers presented in the table above might not precisely equal the totals we provide.

 

 

2

 

 

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