| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2 | 22.6 | 44.7 | 66.4 | 111.9 | 235.2 | +110.2% | |
| Cost of revenue | 0.5 | 14.2 | 5.9 | 6.5 | 11.4 | 28.9 | +153.8% | |
| Gross profit | 0.7 | 8.4 | 38.8 | 59.9 | 100.6 | 206.4 | +105.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 7.4 | 4.0 | 31.4 | 90.8 | 102.4 | +12.8% | |
| Selling & marketing | 0.0 | 0.0 | 2.6 | 4.9 | 9.1 | 14.6 | +60.9% | |
| Operating expenses | (0.6) | 7.4 | 5.2 | 35.8 | 101.4 | 121.0 | +19.3% | |
| Operating income | 1.4 | 0.9 | 33.7 | 24.1 | (0.9) | 88.8 | +10091.8% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 9.9 | 18.3 | 38.8 | +112.2% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.6 | 2.4 | 3.9 | +61.0% | |
| Other income / expense | (0.7) | 0.1 | (0.4) | (13.6) | (18.5) | (36.0) | −94.2% | |
| Pre-tax income | 0.7 | 1.0 | 33.3 | 10.5 | (19.4) | 52.7 | +371.4% | |
| Income tax | 0.0 | 0.0 | 0.9 | 1.5 | 5.5 | 15.4 | +181.4% | |
| Net income | 0.7 | 1.0 | 31.7 | 9.5 | (24.0) | 36.5 | +252.4% | |
| 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) | (0.25) | 0.37 | 0.63 | 0.17 | (0.34) | 0.38 | +211.8% | |
| EPS, diluted (per share) | (0.25) | 0.37 | 0.63 | 0.16 | (0.34) | 0.38 | +211.8% | |
| EBITDA | 0.7 | 1.0 | 33.3 | 23.8 | 6.8 | 110.1 | +1530.2% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 3.4 | 7.9 | 18.6 | +135.2% | |
| Weighted average shares (shares) | 43,130,079 | 43,125,000 | 29,553,950 | 56,951,414 | 70,761,830 | 95,956,504 | +35.6% | |
| Weighted average diluted shares (shares) | 43,130,079 | 43,125,000 | 29,553,950 | 57,767,898 | 70,761,830 | 96,651,911 | +36.6% | |
| Gross margin | 58.0% | 37.1% | 86.8% | 90.2% | 89.8% | 87.7% | −2.1 pts | |
| Operating margin | 110.3% | 4.1% | 75.3% | 36.3% | −0.8% | 37.7% | +38.5 pts | |
| Net margin | 54.1% | 4.4% | 70.9% | 14.3% | −21.4% | 15.5% | +36.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
