| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (28.1) | 113.7 | (38.8) | 13.9 | 55.9 | 55.5 | −0.6% | |
| Cost of revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.5 | — | |
| Gross profit | (28.1) | 113.7 | (38.8) | 13.9 | 55.9 | 47.0 | −15.9% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.3 | 0.4 | 0.6 | 0.5 | 0.5 | 0.5 | −1.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 1.8 | 3.1 | 4.0 | 13.9 | 3.5 | 21.7 | +528.0% | |
| Operating income | (29.9) | 110.6 | (40.8) | 11.0 | 52.4 | 25.3 | −51.7% | |
| Interest expense | 0.3 | 0.5 | 1.9 | 6.6 | 7.1 | 6.0 | −15.4% | |
| Interest income | 6.0 | 6.4 | 7.9 | 8.7 | 20.9 | 19.8 | −5.0% | |
| Other income / expense | 0.0 | 0.0 | (1.9) | 0.0 | 0.0 | (6.0) | — | |
| Pre-tax income | (29.9) | 110.6 | (42.8) | 11.0 | 52.4 | 19.3 | −63.2% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (29.9) | 110.6 | (42.8) | 11.0 | 52.4 | 19.3 | −63.2% | |
| 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) | (1.53) | 5.64 | (2.18) | 0.56 | 2.67 | 0.98 | −63.3% | |
| EPS, diluted (per share) | (1.53) | 5.64 | (2.18) | 0.56 | 2.67 | 0.98 | −63.3% | |
| EBITDA | (59.3) | 110.6 | (81.5) | 28.8 | 52.4 | 25.3 | −51.7% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 19,544,193 | 19,616,297 | 19,611,567 | 19,663,804 | 19,663,804 | 19,632,194 | −0.2% | |
| Weighted average diluted shares (shares) | 19,544,193 | 19,616,297 | 19,611,567 | 19,663,804 | 19,663,804 | 19,632,194 | −0.2% | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 84.7% | −15.3 pts | |
| Operating margin | 106.3% | 97.3% | 105.3% | 79.3% | 93.8% | 45.6% | −48.2 pts | |
| Net margin | 106.3% | 97.3% | 110.2% | 79.3% | 93.8% | 34.7% | −59.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
