| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 42.2 | 80.9 | 154.1 | 258.2 | 426.5 | 510.2 | 512.3 | +0.4% | |
| Cost of revenue | 61.3 | 79.8 | 118.8 | 169.3 | 206.9 | 217.4 | 180.8 | −16.8% | |
| Gross profit | (19.1) | 1.2 | 35.3 | 88.9 | 219.6 | 292.8 | 331.5 | +13.2% | |
| Research & development | 5.9 | 3.6 | 3.6 | 3.3 | 1.8 | 4.8 | 11.5 | +141.8% | |
| Selling, general & administrative | 35.1 | 42.9 | 52.5 | 59.0 | 74.1 | 91.6 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 45.8 | 59.5 | 74.6 | 67.3 | 80.6 | 101.3 | 114.9 | +13.4% | |
| Operating income | (64.9) | (58.4) | (39.4) | 21.6 | 139.0 | 191.4 | 216.5 | +13.1% | |
| Interest expense | 12.0 | 13.1 | 19.3 | 25.0 | 13.9 | 7.1 | 8.8 | +24.1% | |
| Interest income | 0.3 | 0.0 | 0.0 | 1.6 | 2.1 | 1.9 | — | — | |
| Other income / expense | (10.8) | (13.3) | (26.5) | (49.9) | (13.3) | (8.8) | — | — | |
| Pre-tax income | (75.7) | (71.6) | (65.9) | (28.2) | 125.7 | 182.7 | 216.5 | +18.5% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | (72.0) | 35.7 | 47.5 | +33.0% | |
| Net income | (75.7) | (71.6) | (65.9) | (28.2) | 197.7 | 146.9 | 169.0 | +15.0% | |
| 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) | (1.02) | (0.61) | (0.43) | (0.13) | 0.85 | 0.62 | 0.72 | +15.7% | |
| EPS, diluted (per share) | (1.02) | (0.61) | (0.43) | (0.13) | 0.81 | 0.60 | 0.70 | +17.1% | |
| EBITDA | (59.8) | (53.1) | (39.5) | 5.1 | 147.7 | 197.9 | 233.0 | +17.7% | |
| Depreciation & amortization | 3.9 | 5.5 | 7.1 | 8.3 | 8.0 | 8.1 | 7.5 | −6.9% | |
| Weighted average shares (shares) | 86,145,052 | 139,578,538 | 197,874,895 | 223,977,315 | 233,084,000 | 238,299,024 | — | — | |
| Weighted average diluted shares (shares) | 86,145,052 | 139,578,538 | 197,874,895 | 223,977,315 | 243,342,000 | 244,904,640 | — | — | |
| Gross margin | −45.2% | 1.4% | 22.9% | 34.4% | 51.5% | 57.4% | 64.7% | +7.3 pts | |
| Operating margin | −153.8% | −72.1% | −25.5% | 8.4% | 32.6% | 37.5% | 42.3% | +4.7 pts | |
| Net margin | −179.4% | −88.5% | −42.8% | −10.9% | 46.4% | 28.8% | 33.0% | +4.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-06-30 and uses four consecutive reported quarters.
