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Interim Report Q3 2025/2026

Derivation of gross profit and gross margin

  Third quarter 9 months Full year
Amounts in € million Jan-Mar 2026 Jan-Mar 2025 Jul 2025 - Mar 2026 Jul 2024 - Mar 2025 Jul 2024 - Jun 2025
Net sales 16.5 107.4 52.0 312.1 371.9
Purchase of cryptocurrency and other fees -16.2 -105.1 -51.3 -303.7 -361.9
Gross profit 0.3 2.3 0.7 8.4 10.0
Gross margin (%) 1.8% 2.1% 1.3% 2.7% 2.7%
           

Derivation of EBITDA and adjusted EBITDA

  Third quarter 9 months Full year
Amounts in € million Jan-Mar 2026 Jan-Mar 2025 Jul 2025 - Mar 2026 Jul 2024 - Mar 2025 Jul 2024 - Jun 2025
Operating profit (EBIT) -0.9 -0.6 -6.4 0 -0
           
Depreciation and amortisation of property, plant and equipment and intangible assets -0.7 -0.4 -2.2 -1 -2
EBITDA -0.2 -0.1 -4.2 2 1
           
Exchange rate differences -0.2 0.0 -0.1 -0 -0
Impairment of receivables          
Share-based incentive programmes 0.0 0.0     0
Other items affecting comparability 0.0 0.0     0
Items affecting comparability -0.2 0.0 -0.1 -0 -0
           
Adjusted EBITDA -0.4 -0.1 -4.3 1 1
Adjusted EBITDA margin (%) -2.4% -0.1% -8.3% 0 0

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