| Reported currency millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.1 | 30.8 | 19.8 | 22.3 | 51.9 | 32.6 | −37.1% | |
| Cost of revenue | 6.9 | 11.7 | 9.1 | 8.8 | 11.7 | 13.8 | +17.7% | |
| Gross profit | 14.2 | 19.0 | 13.1 | 13.6 | 40.2 | 18.8 | −53.1% | |
| Research & development | 18.5 | 31.3 | 48.3 | 54.0 | 48.5 | 48.6 | +0.1% | |
| Selling, general & administrative | 8.3 | 13.4 | 17.5 | 22.6 | 18.0 | 21.5 | +19.4% | |
| Selling & marketing | 1.6 | 2.2 | 2.4 | 4.9 | 7.8 | 7.3 | −6.0% | |
| Operating expenses | 26.8 | 42.5 | 65.6 | 73.0 | 71.5 | 66.2 | −7.4% | |
| Operating income | (12.6) | (23.4) | (54.0) | (59.4) | (31.3) | (47.4) | −51.3% | |
| Interest expense | 0.4 | 0.4 | 0.2 | 0.4 | 0.3 | 0.2 | −13.4% | |
| Interest income | 0.7 | 0.4 | 2.7 | 7.1 | 5.8 | 4.1 | −30.1% | |
| Other income / expense | 1.1 | 0.1 | 2.5 | 5.8 | 5.4 | 1.1 | −80.5% | |
| Pre-tax income | (11.5) | (23.4) | (51.5) | (53.6) | (25.9) | (46.3) | −79.0% | |
| Income tax | (1.7) | (2.3) | (3.9) | 0.4 | 2.4 | 1.2 | −49.0% | |
| Net income | (9.9) | (21.1) | (47.6) | (54.0) | (28.3) | (47.5) | −68.0% | |
| 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) | (0.06) | (0.11) | (0.25) | (0.28) | (0.15) | (0.25) | −66.7% | |
| EPS, diluted (per share) | (0.06) | (0.11) | (0.25) | (0.28) | (0.15) | (0.25) | −66.7% | |
| EBITDA | (9.2) | (17.3) | (45.1) | (44.0) | (18.7) | (35.7) | −90.9% | |
| Depreciation & amortization | 2.5 | 5.8 | 7.2 | 9.1 | 9.6 | 11.7 | +22.6% | |
| Weighted average shares (shares) | 162,474,146 | 185,689,432 | 191,385,618 | 192,651,782 | 193,321,401 | 193,896,776 | +0.3% | |
| Weighted average diluted shares (shares) | 162,474,146 | 185,689,432 | 191,385,618 | 192,651,782 | 193,321,401 | 193,896,776 | +0.3% | |
| Gross margin | 67.3% | 61.9% | 66.0% | 60.7% | 77.4% | 57.7% | −19.7 pts | |
| Operating margin | −59.8% | −76.1% | −273.0% | −266.1% | −60.4% | −145.1% | −84.8 pts | |
| Net margin | −46.8% | −68.5% | −240.6% | −241.9% | −54.5% | −145.7% | −91.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
