| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 378.8 | 507.1 | 625.0 | 607.9 | 678.7 | 360.5 | −46.9% | |
| Cost of revenue | 185.8 | 259.9 | 320.8 | 294.7 | 324.5 | 185.8 | −42.7% | |
| Gross profit | 193.1 | 247.3 | 304.2 | 313.2 | 354.2 | 174.7 | −50.7% | |
| Research & development | 82.5 | 89.7 | 108.0 | 132.5 | 108.8 | 75.0 | −31.1% | |
| Selling, general & administrative | 119.6 | 138.1 | 146.7 | 167.0 | 153.1 | 82.8 | −46.0% | |
| Selling & marketing | 1.1 | 1.0 | 0.7 | 0.5 | 0.0 | 0.0 | — | |
| Operating expenses | 202.1 | 227.8 | 254.8 | 291.1 | 262.0 | 157.7 | −39.8% | |
| Operating income | (9.0) | 19.5 | 49.4 | 22.2 | 92.3 | 17.0 | −81.5% | |
| Interest expense | 11.5 | 10.6 | 5.0 | 2.7 | 7.3 | 3.8 | −48.1% | |
| Interest income | 11.5 | 10.6 | 5.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (17.2) | (10.6) | (4.9) | (3.0) | (34.3) | (8.2) | +76.2% | |
| Pre-tax income | (26.2) | 8.9 | 44.5 | 19.1 | 57.9 | 8.9 | −84.7% | |
| Income tax | 3.1 | (4.4) | 16.3 | (64.9) | 18.7 | 7.6 | −59.2% | |
| Net income | (29.3) | 13.3 | 28.2 | 84.0 | 39.2 | (43.3) | −210.4% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (44.5) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.30) | 0.13 | 0.27 | 0.75 | 0.34 | (0.38) | −211.8% | |
| EPS, diluted (per share) | (0.30) | 0.12 | 0.25 | 0.72 | 0.33 | (0.38) | −215.2% | |
| EBITDA | 6.7 | 32.5 | 61.7 | 41.1 | 77.4 | 28.1 | −63.7% | |
| Depreciation & amortization | 15.7 | 13.1 | 12.3 | 12.3 | 12.1 | 11.1 | −8.7% | |
| Weighted average shares (shares) | 96,971,000 | 101,484,000 | 105,080,000 | 111,651,000 | 115,120,000 | 113,660,000 | −1.3% | |
| Weighted average diluted shares (shares) | 96,971,000 | 106,171,000 | 112,378,000 | 117,359,000 | 117,482,000 | 113,660,000 | −3.3% | |
| Gross margin | 51.0% | 48.8% | 48.7% | 51.5% | 52.2% | 48.5% | −3.7 pts | |
| Operating margin | −2.4% | 3.8% | 7.9% | 3.6% | 13.6% | 4.7% | −8.9 pts | |
| Net margin | −7.7% | 2.6% | 4.5% | 13.8% | 5.8% | −12.0% | −17.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
