| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24.2 | 113.7 | 180.3 | 218.0 | 267.9 | 223.2 | −16.7% | |
| Cost of revenue | 14.7 | 41.0 | 51.9 | 81.3 | 121.0 | 159.0 | +31.4% | |
| Gross profit | 9.4 | 72.7 | 128.4 | 136.7 | 146.8 | 64.1 | −56.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 6.2 | 14.9 | 19.3 | 12.1 | 14.1 | 168.1 | +1095.4% | |
| Selling & marketing | 0.3 | 6.4 | 9.4 | 0.4 | 0.5 | 0.0 | −100.0% | |
| Operating expenses | 11.2 | 37.8 | 47.1 | 43.1 | 51.4 | 16.7 | −67.6% | |
| Operating income | (1.8) | 34.9 | 81.2 | 93.6 | 95.4 | 47.5 | −50.3% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 16.5 | 26.7 | +62.1% | |
| Interest income | 15.9 | 61.8 | 99.0 | 19.2 | 0.0 | 0.6 | — | |
| Other income / expense | 4.1 | 28.5 | (20.8) | (19.2) | (17.2) | 0.0 | +100.0% | |
| Pre-tax income | 2.3 | 63.4 | 60.4 | 74.3 | 78.2 | 4.1 | −94.7% | |
| Income tax | 4.5 | 21.1 | 41.8 | 41.0 | 17.6 | 19.1 | +9.1% | |
| Net income | (2.2) | 42.3 | 18.6 | 33.4 | 60.7 | (15.0) | −124.8% | |
| 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) | (0.03) | 0.40 | 0.16 | 0.28 | 0.52 | (1.32) | −353.8% | |
| EPS, diluted (per share) | (0.03) | 0.40 | 0.16 | 0.28 | 0.52 | (1.32) | −353.8% | |
| EBITDA | 10.0 | 49.3 | 103.0 | 123.7 | 132.3 | 97.2 | −26.5% | |
| Depreciation & amortization | 6.8 | 27.3 | 35.0 | 39.5 | 54.1 | 49.8 | −8.1% | |
| Weighted average shares (shares) | 68,912,470 | 105,780,000 | 116,468,750 | 119,203,571 | 116,688,461 | 11,344,000 | −90.3% | |
| Weighted average diluted shares (shares) | 68,912,000 | 106,611,000 | 115,890,000 | 117,452,000 | 117,192,000 | 11,344,000 | −90.3% | |
| Gross margin | 39.0% | 63.9% | 71.2% | 62.7% | 54.8% | 28.7% | −26.1 pts | |
| Operating margin | −7.5% | 30.7% | 45.1% | 42.9% | 35.6% | 21.3% | −14.3 pts | |
| Net margin | −9.1% | 37.2% | 10.3% | 15.3% | 22.7% | −6.7% | −29.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in NOK.
