EDIT Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	445.38M EUR	497.44M EUR	241.82M EUR	200.63M EUR
Enterprise Value	240.03M EUR	331.14M EUR	135.46M EUR	72.08M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-3.85x	--	--	--
Price to Sales	9.48x	10.58x	6.25x	5.59x
Price to Book	4.23x	4.72x	54.86x	7.35x
EV/Revenue	5.11x	7.04x	3.5x	2.01x
EV/EBITDA	-2.96x	--	--	--
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-9.95%	-24.23%	-58.35%	-58.78%