Open the update section
Direct link to what changed, uploaded products, narrative updates, and remaining release gates.
Open current updateOpen the products folder
Deck, workbook, executive summaries, memo, narrative patch pack, and review log.
Open productsWhat changed
- EUR 0.5m is now the flat current MSC/MSB Breakfast event-revenue floor, based on prior-year generated revenue expected to repeat this year.
- AI Knowledge Services and related products are now incremental expansion above that floor.
- EUR 2.5m is the 2026 expansion ceiling including the EUR 0.5m floor.
- The legacy high scenario is diligence-only and not the first-send base case.
Release discipline: this is still a review/update surface. External investor circulation remains gated by source/accounting tie-out, management/Lippold approval, counsel/finance review, and claims proof.