| USD millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.4 | 25.9 | 100.0 | 57.3 | 50.6 | 47.0 | −7.0% | |
| Cost of revenue | 7.5 | 23.6 | 30.5 | 54.5 | 29.3 | 31.4 | +7.3% | |
| Gross profit | 3.9 | 2.4 | 69.5 | 2.8 | 21.3 | 15.6 | −26.6% | |
| Research & development | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 3.5 | 2.7 | 0.0 | 9.8 | 21.8 | 16.3 | −25.2% | |
| Selling & marketing | 0.1 | (0.2) | 0.0 | 0.0 | 3.9 | 3.8 | −3.4% | |
| Operating expenses | 3.7 | 2.6 | 14.6 | 9.8 | 40.7 | 31.0 | −23.9% | |
| Operating income | 0.2 | (0.3) | 54.9 | (26.7) | (19.4) | (15.3) | +21.0% | |
| Interest expense | 0.1 | 0.2 | 2.9 | 22.4 | 11.9 | 6.8 | −42.6% | |
| Interest income | 0.0 | 0.0 | 0.0 | 22.1 | 0.0 | 0.0 | — | |
| Other income / expense | (1.3) | 2.2 | (1.8) | (214.0) | (15.6) | (39.4) | −152.2% | |
| Pre-tax income | (1.2) | 2.0 | 53.1 | (240.7) | (35.0) | (54.8) | −56.3% | |
| Income tax | 0.0 | 0.0 | 14.0 | (11.5) | 0.0 | 0.3 | — | |
| Net income | (1.2) | 2.0 | 39.1 | (223.9) | (35.0) | (55.1) | −57.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | (0.0) | (0.0) | 0.0 | 5.1 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.00) | 0.01 | 0.10 | (0.48) | (0.07) | (0.09) | −30.4% | |
| EPS, diluted (per share) | (0.00) | 0.01 | 0.10 | (0.48) | (0.07) | (0.09) | −30.4% | |
| EBITDA | 2.0 | 10.6 | 70.5 | 2.0 | 6.5 | 0.1 | −98.9% | |
| Depreciation & amortization | 2.9 | 8.1 | 15.3 | 28.7 | 25.9 | 14.9 | −42.4% | |
| Weighted average shares (shares) | 293,750,000 | 303,435,997 | 397,513,000 | 473,930,000 | 503,919,678 | 607,881,208 | +20.6% | |
| Weighted average diluted shares (shares) | 293,750,000 | 334,638,379 | 415,201,000 | 473,930,000 | 503,917,000 | 607,879,000 | +20.6% | |
| Gross margin | 33.9% | 9.1% | 69.5% | 4.8% | 42.1% | 33.2% | −8.9 pts | |
| Operating margin | 1.6% | −1.1% | 54.9% | −46.6% | −38.4% | −32.6% | +5.8 pts | |
| Net margin | −10.1% | 7.6% | 39.1% | −390.8% | −69.3% | −117.2% | −47.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
