v3.25.3
Financial instruments and financial risk management (Tables)
12 Months Ended
Jun. 30, 2025
Financial instruments and financial risk management  
Summary of financial instruments

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Year ended June 30, 2024

​

    

​

    

Categories

    

Category in

    

​

    

Fair value

​

​

Carrying

​

outside of

​

accordance

​

Fair 

​

hierarchy

(in € thousands)

​

amount

​

IFRS 9

​

with IFRS 9

​

value

​

level

Financial assets

 

  

 

  

 

  

 

  

 

  

Trade and other receivables

 

11,819

 

—

 

Amortized cost

 

—

 

—

Cash and cash equivalents

 

15,107

​

—

 

Amortized cost

 

—

 

—

Other assets

 

45,306

​

22,265

 

  

 

  

 

  

thereof deposits

 

152

​

—

 

Amortized cost

 

—

 

—

thereof other financial assets

 

22,889

​

—

 

Amortized cost

 

—

 

—

Financial liabilities

 

​

​

​

​

​

​

​

​

​

Non-current financial liabilities

 

  

 

  

 

  

 

  

 

  

Lease liabilities

 

40,483

​

40,483

​

N/A

 

—

 

—

Current financial liabilities

 

  

 

  

 

  

 

  

 

  

Lease liabilities

 

9,282

​

9,282

​

N/A

​

—

 

—

Trade and other payables

 

85,322

​

—

​

Amortized cost

 

—

 

—

Other liabilities

 

95,235

​

74,171

 

  

 

  

 

  

thereof other financial liabilities

 

21,064

​

—

​

Amortized cost

 

—

 

—

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Year ended June 30, 2025

​

    

​

    

Categories

    

Category in

    

​

    

Fair value

​

​

Carrying

​

outside of

​

accordance

​

Fair

​

hierarchy

(in € thousands)

​

amount

​

IFRS 9

​

with IFRS 9

​

value

​

level

Financial assets

 

  

 

  

 

  

 

  

 

  

Non-current financial assets

​

​

​

​

​

​

​

​

​

​

Non-current deposits

​

5,186

​

—

​

Amortized cost

​

—

​

—

Current financial assets

​

​

​

​

​

​

​

​

​

​

Trade and other receivables

 

96,676

​

—

 

Amortized cost

 

—

 

—

Cash and cash equivalents

 

603,593

​

—

 

Amortized cost

 

—

 

—

Other assets

 

134,766

​

92,880

 

  

 

  

 

  

thereof deposits

 

28

​

—

 

Amortized cost

 

—

 

—

thereof other financial assets

 

41,858

​

—

 

Amortized cost

 

—

 

—

Financial liabilities

 

​

​

​

​

​

​

​

​

​

Non-current financial liabilities

 

  

 

  

 

  

 

  

 

  

Lease liabilities

 

176,718

​

176,718

​

N/A

 

—

 

—

Other liabilities

 

364

 

364

 

N/A

 

—

 

—

Current financial liabilities

 

​

 

  

 

  

 

  

 

  

Liabilities to banks

​

10,000

​

—

​

Amortized cost

​

​

​

​

Tax liabilities

​

2,764

​

2,764

​

N/A

​

​

​

​

Lease liabilities

 

32,085

​

32,085

​

N/A

​

—

 

—

Trade and other payables

 

285,722

​

—

​

Amortized cost

 

—

 

—

Other liabilities

 

346,835

​

263,757

 

  

 

  

 

  

thereof other financial liabilities

 

83,078

​

—

​

Amortized cost

 

—

 

—

Summary of carrying amounts of financial instruments

​

​

​

​

​

​

​

​

​

    

Year ended June 30,

​

​

2023

    

2024

    

2025

​

​

Carrying

​

Carrying

​

Carrying

(in € thousands)

​

amount

​

amount

​

amount

Financial assets measured at Amortized cost (AC)

 

60,295

 

49,967

 

747,341

Financial liabilities measured at Amortized cost (AC)

 

90,665

​

106,385

​

378,800

Summary of foreign exchange reserves affecting other comprehensive income

​

​

​

​

​

​

​

​

​

​

(in € thousands)

    

July 1, 2024

    

Additions

    

Reclassification

    

June 30, 2025

OCI 1

 

—

 

920

 

(920)

 

—

OCI 2

 

—

 

1,595

 

(1,595)

 

—

Schedule of net gains and losses on financial instruments

​

​

​

​

​

​

​

​

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Year ended June 30,

(in € thousands)

​

2023

    

2024

    

2025

Financial liabilities measured at Amortized cost (AC)

​

(401)

​

(1,861)

​

(3,113)

Schedule of movements in credit loss allowance for trade and other receivables

​

​

​

​

​

​

​

​

Year ended June 30,

in € thousands

    

2024

    

2025

Beginning of fiscal year

​

278

​

—

Decrease loss allowance during the period

​

(278)

​

—

Additions through business combinations

​

—

​

2,627

Increase loss allowance during the period

​

—

​

1,504

End of fiscal year

​

—

​

4,131

Schedule of maturities of financial liabilities

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Year ended June 30, 2024

​

    

​

    

​

    

​

    

​

    

Carrying

in € thousands

​

<1 year

​

1 – 5 years

​

> 5 years

​

Total

​

amount

Trade and other payables

 

85,322

​

—

​

—

​

85,322

​

85,322

Other financial liabilities

 

21,064

​

—

​

—

​

21,064

​

21,064

Lease liabilities

 

9,282

​

29,188

​

34,822

​

75,622

​

49,765

Total

 

115,668

​

29,188

​

34,822

​

182,008

​

156,151

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Year ended June 30, 2025

​

    

​

    

​

    

​

    

​

    

Carrying

in € thousands

​

<1 year

​

1 – 5 years

​

> 5 years

​

Total

​

amount

Trade and other payables

 

285,722

​

—

​

—

​

285,722

​

285,722

Other financial liabilities

 

83,078

​

—

​

—

​

83,078

​

83,078

Lease liabilities

 

42,771

​

142,089

​

69,627

​

254,487

​

208,803

Total

 

411,571

​

142,089

​

69,627

​

623,287

​

577,603

Summary of carrying amounts of cash and cash equivalents by ratings

​

​

​

​

​

​

​

​

Year ended June 30,

in € thousands

    

2024

    

2025

Rating Class 1

 

9,696

​

40,150

Rating Class 2

 

2,528

​

1,776

Rating Class 3

 

2,883

​

561,666

Currency risk  
Financial instruments and financial risk management  
Schedule of sensitivity to changes in Euro exchange rates

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FX Sensitivity for USD

​

​

​

Year ended June 30,

​

​

​

2024

​

2025

 

​

    

€ appreciation

    

€ depreciation

    

€ appreciation

    

€ depreciation

​

in € thousands

​

+10%

​

-10%

​

+10%

​

-10%

​

€ Sensitivity

 

275

​

(336)

​

10,645

​

(13,011)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

FX Sensitivity for GBP

​

​

​

Year ended June 30,

​

​

​

2024

​

2025

 

​

    

€ appreciation

    

€ depreciation

    

€ appreciation

    

€ depreciation

​

in € thousands

​

+10%

​

-10%

​

+10%

​

-10%

​

€ Sensitivity

 

414

​

(505)

​

2,235

​

(2,732)

​

​

​

​

​

​

​

​

​

​

​

​

​

FX Sensitivity for AED

​

​

Year ended June 30,

​

​

2024

​

2025

​

    

€ appreciation

    

€ depreciation

    

€ appreciation

    

€ depreciation

in € thousands

​

+10%

​

-10%

​

+10%

​

-10%

€ Sensitivity

​

—

​

—

 

2,142

​

(2,619)