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 |
| | | | | | | | | 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 |
| | | | | | | | | | | | 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) |
|