\nWallbox N.V. (NYSE:WBX), a leading provider of electric vehicle (\u201cEV\u201d) charging and energy management solutions worldwide, today announced its financial results for the first quarter ended March 31, 2026 and provided a business update.<\/p>\n
First Quarter 2026 Highlights and Business Update:<\/b><\/p>\n Executive Commentary<\/b><\/p>\n \nEnric Asunci\u00f3n, CEO of Wallbox, said, \u201cIn the first quarter of 2026, we continued to execute our transformation strategy with discipline, focusing on improving operational efficiency, optimizing our cost structure, and strengthening our financial position. While revenue was impacted by a softer market environment and the one-off effect of the refinancing process, we achieved a significant improvement in adjusted EBITDA, demonstrating the strength of the measures implemented.\u201d<\/p>\n \nMr. Asunci\u00f3n added, \u201cWith the signing of the refinancing agreement, which has allowed us to secure additional funding and enhance our long-term financial visibility, we believe we are in a stronger position to return to growth and continue progressing toward profitability, supported by our product portfolio and the strengthening of our commercial and service capabilities.\u201d<\/p>\n Financial Outlook – Second Quarter 2026<\/b><\/p>\n \nThe following reflects the company\u2019s expectations for select key financial metrics for the second quarter of 2026.<\/p>\n 1 <\/sup>See Non-IFRS Financial Measures section below<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Conference Call Information<\/b><\/p>\n \nWallbox NV will host a conference call to discuss the results and provide a business update at 8:00 AM Eastern Time today, May 6, 2026. The live audio webcast and accompanying presentation will be accessible on Wallbox\u2019s Investor Relations website at https:\/\/investors.wallbox.com\/<\/a>. A recording of the webcast will also be available following the conference call.<\/p>\n First Quarter 2026 \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Wallbox N.V.<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Q1 2026<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Q4 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Q1 2025<\/b><\/p>\n<\/td>\n<\/tr>\n \n145,120<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n163,943<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n29,700<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n33,708<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n37,642<\/p>\n<\/td>\n<\/tr>\n \n(89,582)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(107,920)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(18,626)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(21,146)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(23,284)<\/p>\n<\/td>\n<\/tr>\n 55,538<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 56,023<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 11,074<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 12,562<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 14,358<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n(51,561)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(71,488)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(9,130)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(11,277)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(14,975)<\/p>\n<\/td>\n<\/tr>\n \n(42,701)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(54,089)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(7,996)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(10,812)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(10,011)<\/p>\n<\/td>\n<\/tr>\n \n(34,189)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(37,873)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(5,668)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(4,416)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(10,204)<\/p>\n<\/td>\n<\/tr>\n \n(26,755)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(26,415)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(30,492)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,194<\/p>\n<\/td>\n<\/tr>\n \n374<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n25<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n12<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n506<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n22<\/p>\n<\/td>\n<\/tr>\n (99,294)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (133,817)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (11,708)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (43,929)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (19,616)<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n533<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,945<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n7<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n137<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n207<\/p>\n<\/td>\n<\/tr>\n \n(17,920)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(23,680)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(5,043)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(4,886)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(3,489)<\/p>\n<\/td>\n<\/tr>\n \n1,910<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,081<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n43<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n274<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n681<\/p>\n<\/td>\n<\/tr>\n \n11,663<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(4,044)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(2,528)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(184)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n3,876<\/p>\n<\/td>\n<\/tr>\n (3,814)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (24,698)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (7,521)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (4,659)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 1,275<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n (103,108)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (158,515)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (19,229)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (48,588)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (18,341)<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n(87)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6,723<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(129)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n747<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(73)<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n (103,195)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (151,792)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (19,358)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (47,841)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (18,414)<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Year End<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Quarter End<\/b><\/p>\n<\/td>\n<\/tr>\n 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Q1 2026<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Q4 2025<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n Q1 2025<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n (103,195)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (151,792)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (19,358)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (47,841)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (18,414)<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n87<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(6,723)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n129<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(747)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n73<\/p>\n<\/td>\n<\/tr>\n \n34,189<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n37,873<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n5,668<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n4,416<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n10,204<\/p>\n<\/td>\n<\/tr>\n \n(533)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(1,945)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(7)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(137)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(207)<\/p>\n<\/td>\n<\/tr>\n \n17,920<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n23,680<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n5,043<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n4,886<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n3,489<\/p>\n<\/td>\n<\/tr>\n \n(1,910)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(1,081)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(43)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(274)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(681)<\/p>\n<\/td>\n<\/tr>\n \n(11,663)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n4,044<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n2,528<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n184<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(3,876)<\/p>\n<\/td>\n<\/tr>\n (65,105)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (95,944)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (6,040)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (39,513)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (9,412)<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n1,746<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n2,836<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n96<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n602<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n557<\/p>\n<\/td>\n<\/tr>\n \n(374)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(25)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(12)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(506)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(22)<\/p>\n<\/td>\n<\/tr>\n \n7,450<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6,123<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(23)<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1,662<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n2,289<\/p>\n<\/td>\n<\/tr>\n \n67<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n712<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n26<\/p>\n<\/td>\n<\/tr>\n \n26,755<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n26,415<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n30,492<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(1,194)<\/p>\n<\/td>\n<\/tr>\n (29,461)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (59,883)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (5,979)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (7,263)<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (7,756)<\/b><\/p>\n<\/td>\n<\/tr>\n\n
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\n \u00a0<\/td>\n<\/tr>\n \n \n
\n
Unaudited Financial Results<\/b><\/p>\n<\/td>\n<\/tr>\n\n \n \n \n \n \n \n Consolidated Statements of Profit or Loss<\/b><\/td>\n \n \n \n \n \n \n \n \n <\/tr>\n \n (In thousand Euros)<\/i><\/td>\n \n \n \n \n \n \n \n \n <\/tr>\n \n \n Year End<\/b><\/td>\n \n Quarter End<\/b><\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Revenue<\/td>\n \n \n \n \n \n \n \n \n \n \n Changes in inventories and raw materials and consumables used<\/td>\n \n \n \n \n \n \n \n \n \n \n Gross Profit<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Employee benefits<\/td>\n \n \n \n \n \n \n \n \n \n \n Other operating expenses<\/td>\n \n \n \n \n \n \n \n \n \n \n Amortization and depreciation<\/td>\n \n \n \n \n \n \n \n \n \n \n Impairment of assets<\/td>\n \n \n \n \n \n \n \n \n \n \n Net other income<\/td>\n \n \n \n \n \n \n \n \n \n \n Operating Loss<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Financial income<\/td>\n \n \n \n \n \n \n \n \n \n \n Financial expense<\/td>\n \n \n \n \n \n \n \n \n \n \n Change in fair value of derivative warrant liabilities<\/td>\n \n \n \n \n \n \n \n \n \n \n Foreign exchange gains \/ (losses)<\/td>\n \n \n \n \n \n \n \n \n \n \n Financial Results<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Loss Before Tax<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Income tax credit<\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Loss for the Period<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Reconciliation<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n (In thousand Euros)<\/i><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Loss for the Period<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Income tax credit<\/td>\n \n \n \n \n \n \n \n \n \n \n Amortization and depreciation<\/td>\n \n \n \n \n \n \n \n \n \n \n Financial income<\/td>\n \n \n \n \n \n \n \n \n \n \n Financial expenses<\/td>\n \n \n \n \n \n \n \n \n \n \n Change in fair value of derivative warrant liabilities<\/td>\n \n \n \n \n \n \n \n \n \n \n Foreign exchange gains\/(losses)<\/td>\n \n \n \n \n \n \n \n \n \n \n EBITDA<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Share based payment plan expenses<\/td>\n \n \n \n \n \n \n \n \n \n \n Other items<\/td>\n \n \n \n \n \n \n \n \n \n \n One-time expenses<\/td>\n \n \n \n \n \n \n \n \n \n \n Other non-cash expenses<\/td>\n \n \n \n \n \n \n \n \n \n \n Impairment of assets<\/td>\n \n \n \n \n \n \n \n \n \n \n Adjusted EBITDA<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n
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