| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37.6 | 52.7 | 248.7 | 204.4 | 176.6 | 195.2 | 229.9 | +17.8% | |
| Cost of revenue | 34.9 | 47.6 | 230.6 | 172.7 | 134.8 | 176.8 | 215.2 | +21.7% | |
| Gross profit | 2.7 | 5.1 | 18.1 | 31.7 | 41.8 | 18.4 | 14.7 | −20.4% | |
| Research & development | 1.7 | 5.3 | 10.6 | 11.9 | 13.0 | 15.8 | 17.0 | +7.6% | |
| Selling, general & administrative | 4.4 | 12.3 | 11.7 | 18.7 | 19.1 | 21.3 | — | — | |
| Selling & marketing | 0.7 | 2.3 | 2.0 | 4.9 | 5.2 | 5.1 | — | — | |
| Operating expenses | 11.2 | 16.8 | 29.6 | 39.0 | 33.0 | 37.1 | 39.9 | +7.7% | |
| Operating income | (8.5) | (11.7) | (11.5) | (7.3) | 8.8 | (18.7) | (25.3) | −35.5% | |
| Interest expense | 1.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.2 | — | |
| Interest income | 0.0 | 0.8 | 0.5 | 0.4 | 1.3 | 0.0 | 0.0 | — | |
| Other income / expense | 0.6 | 65.5 | (1.1) | 1.2 | 2.4 | 7.5 | — | — | |
| Pre-tax income | (7.8) | 53.8 | (12.6) | (6.1) | 11.1 | (11.1) | (18.0) | −62.0% | |
| Income tax | 0.0 | (7.7) | (1.2) | 2.5 | 1.6 | (0.2) | (0.2) | +4.0% | |
| Net income | (7.8) | 61.5 | (9.4) | (2.4) | 11.8 | (9.4) | (17.1) | −82.2% | |
| 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) | (0.13) | 0.70 | (0.11) | (0.03) | 0.13 | (0.11) | (0.19) | −70.7% | |
| EPS, diluted (per share) | (0.13) | 0.70 | (0.11) | (0.03) | 0.13 | (0.10) | (0.19) | −87.8% | |
| EBITDA | (3.7) | (8.4) | 4.3 | 11.4 | 18.8 | (0.6) | (12.0) | −2047.7% | |
| Depreciation & amortization | 2.7 | 4.1 | 8.6 | 10.3 | 9.2 | 10.6 | 11.9 | +12.5% | |
| Weighted average shares (shares) | 61,992,386 | 87,605,493 | 88,927,671 | 89,252,085 | 89,928,357 | 89,247,119 | — | — | |
| Weighted average diluted shares (shares) | 61,992,386 | 87,884,357 | 88,927,671 | 89,252,085 | 90,158,312 | 89,247,119 | — | — | |
| Gross margin | 7.2% | 9.7% | 7.3% | 15.5% | 23.7% | 9.4% | 6.4% | −3.1 pts | |
| Operating margin | −22.6% | −22.2% | −4.6% | −3.5% | 5.0% | −9.6% | −11.0% | −1.4 pts | |
| Net margin | −20.8% | 116.7% | −3.8% | −1.2% | 6.7% | −4.8% | −7.4% | −2.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-03-31 and uses four consecutive reported quarters.
