| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 66.6 | 36.8 | 83.0 | 91.4 | 489.7 | 586.3 | 492.0 | −16.1% | |
| Cost of revenue | 0.0 | 0.0 | 64.1 | 160.9 | 185.3 | 235.6 | 194.6 | −17.4% | |
| Gross profit | 66.6 | 36.8 | 18.9 | (69.4) | 304.4 | 350.8 | 297.4 | −15.2% | |
| Research & development | 148.1 | 191.0 | 180.6 | 210.8 | 171.3 | 184.2 | 137.7 | −25.3% | |
| Selling, general & administrative | 58.9 | 84.1 | 186.7 | 73.0 | 61.5 | 90.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 204.2 | 272.2 | 365.4 | 285.4 | 234.7 | 272.6 | 252.5 | −7.4% | |
| Operating income | (137.5) | (235.5) | (346.4) | (354.9) | 69.6 | 78.2 | 44.9 | −42.6% | |
| Interest expense | 97.5 | 113.0 | 91.4 | 134.8 | 157.6 | 149.2 | 158.8 | +6.5% | |
| Interest income | 0.0 | 0.0 | 0.9 | 4.8 | 4.6 | 198.5 | 82.7 | −58.4% | |
| Other income / expense | (154.2) | 86.3 | (205.2) | (296.2) | (287.2) | 58.1 | — | — | |
| Pre-tax income | (291.8) | (149.2) | (551.6) | (651.0) | (217.6) | 136.3 | (32.2) | −123.6% | |
| Income tax | (121.7) | (47.7) | (38.1) | (99.3) | 14.3 | 108.4 | 147.4 | +36.0% | |
| Net income | (170.0) | (101.5) | (513.6) | (551.7) | (231.9) | 27.9 | (179.6) | −743.3% | |
| 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) | (5.44) | (3.25) | (2.60) | (2.43) | (0.87) | 0.10 | (0.56) | −657.4% | |
| EPS, diluted (per share) | (5.44) | (3.25) | (2.60) | (2.43) | (0.87) | 0.10 | (0.56) | −657.4% | |
| EBITDA | (177.9) | (18.0) | (439.8) | (493.7) | (32.3) | 323.4 | 118.4 | −63.4% | |
| Depreciation & amortization | 16.4 | 18.2 | 20.4 | 24.2 | 31.3 | 37.9 | 41.3 | +9.1% | |
| Weighted average shares (shares) | 31,250,000 | 31,250,000 | 197,721,710 | 227,256,469 | 267,924,570 | 279,190,000 | — | — | |
| Weighted average diluted shares (shares) | 31,250,000 | 31,250,000 | 197,721,710 | 227,256,469 | 267,924,570 | 279,190,000 | — | — | |
| Gross margin | 100.0% | 100.0% | 22.8% | −75.9% | 62.2% | 59.8% | 60.4% | +0.6 pts | |
| Operating margin | −206.5% | −640.3% | −417.3% | −388.1% | 14.2% | 13.3% | 9.1% | −4.2 pts | |
| Net margin | −255.3% | −276.0% | −618.6% | −603.4% | −47.3% | 4.8% | −36.5% | −41.3 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.
