| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 234.6 | 211.6 | 222.8 | 217.6 | 249.4 | 455.7 | +82.8% | |
| Cost of revenue | 184.6 | 174.4 | 189.8 | 158.7 | 188.0 | 319.2 | +69.8% | |
| Gross profit | 50.0 | 37.2 | 33.0 | 58.9 | 61.4 | 136.5 | +122.3% | |
| Research & development | 43.4 | 41.2 | 36.2 | 36.0 | 55.0 | 85.5 | +55.6% | |
| Selling, general & administrative | 55.5 | 52.8 | 55.8 | 63.6 | 77.4 | 105.6 | +36.5% | |
| Selling & marketing | 14.1 | 10.9 | 9.7 | 11.1 | 18.2 | 0.0 | −100.0% | |
| Operating expenses | 98.9 | 94.0 | 92.0 | 99.6 | 132.3 | 191.1 | +44.4% | |
| Operating income | (48.8) | (56.8) | (59.0) | (41.3) | (70.9) | (54.6) | +23.0% | |
| Interest expense | 5.6 | 5.6 | 6.3 | 9.4 | 6.8 | 3.5 | −48.8% | |
| Interest income | 0.3 | 0.1 | 0.1 | 0.6 | 0.9 | 1.8 | +105.0% | |
| Other income / expense | (2.4) | 2.6 | (7.4) | (14.7) | (115.8) | 7.9 | +106.8% | |
| Pre-tax income | (51.2) | (54.2) | (66.4) | (56.0) | (186.7) | (46.7) | +75.0% | |
| Income tax | 7.2 | 0.0 | 0.0 | 0.0 | 0.0 | (8.5) | −423900.0% | |
| Net income | (58.5) | (54.2) | (66.4) | (56.0) | (186.7) | (38.2) | +79.5% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (2.67) | (2.01) | (2.38) | (1.75) | (4.50) | (0.64) | +85.8% | |
| EPS, diluted (per share) | (2.67) | (2.01) | (2.38) | (1.75) | (4.50) | (0.64) | +85.8% | |
| EBITDA | (20.9) | (23.2) | (36.9) | (26.2) | (159.3) | (26.9) | +83.1% | |
| Depreciation & amortization | 24.7 | 25.4 | 23.2 | 20.4 | 20.6 | 27.7 | +34.1% | |
| Weighted average shares (shares) | 21,866,630 | 26,912,141 | 27,846,387 | 31,944,263 | 41,538,551 | 60,183,987 | +44.9% | |
| Weighted average diluted shares (shares) | 21,866,630 | 26,912,141 | 27,846,387 | 31,944,259 | 41,538,551 | 60,183,987 | +44.9% | |
| Gross margin | 21.3% | 17.6% | 14.8% | 27.1% | 24.6% | 30.0% | +5.3 pts | |
| Operating margin | −20.8% | −26.8% | −26.5% | −19.0% | −28.4% | −12.0% | +16.5 pts | |
| Net margin | −24.9% | −25.6% | −29.8% | −25.8% | −74.9% | −8.4% | +66.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
