| USD millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.3 | 110.1 | 158.4 | 124.1 | 97.7 | 85.9 | −12.1% | |
| Cost of revenue | 72.2 | 74.5 | 97.0 | 94.4 | 74.3 | 67.1 | −9.8% | |
| Gross profit | 15.1 | 35.6 | 61.5 | 29.7 | 23.4 | 18.8 | −19.5% | |
| Research & development | 19.4 | 20.3 | 17.4 | 18.5 | 17.9 | 12.9 | −27.9% | |
| Selling, general & administrative | 32.1 | 24.6 | 24.5 | 33.7 | 32.7 | 22.3 | −31.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 51.5 | 44.9 | 42.0 | 52.2 | 72.1 | 43.4 | −39.9% | |
| Operating income | (36.4) | (9.3) | 9.2 | (22.5) | (48.7) | (26.9) | +44.9% | |
| Interest expense | 0.0 | 0.1 | 0.0 | 0.1 | 0.8 | 1.2 | +59.1% | |
| Interest income | 0.6 | 0.0 | 0.5 | 0.1 | 0.0 | 0.0 | — | |
| Other income / expense | 0.2 | 2.4 | 7.2 | (13.4) | (0.6) | 0.0 | +104.6% | |
| Pre-tax income | (35.9) | (6.9) | 26.2 | (24.5) | (49.4) | (26.8) | +45.7% | |
| Income tax | 0.1 | 0.1 | 0.6 | (0.1) | 0.0 | 0.0 | −31.0% | |
| Net income | (36.0) | (7.0) | 25.6 | (24.3) | (76.4) | (31.2) | +59.1% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 16.4 | (25.9) | (4.4) | +83.1% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | (1.1) | 0.0 | +100.0% | |
| EPS, basic (per share) | (1.25) | (0.24) | 0.70 | (1.05) | (3.29) | (3.46) | −5.2% | |
| EPS, diluted (per share) | (1.25) | (0.23) | 0.66 | (1.05) | (3.29) | (3.46) | −5.2% | |
| EBITDA | (28.8) | (3.8) | 30.3 | (39.1) | (22.4) | (10.9) | +51.4% | |
| Depreciation & amortization | 7.1 | 5.5 | 4.1 | 1.7 | 4.8 | 5.5 | +13.6% | |
| Weighted average shares (shares) | 28,674,401 | 29,444,500 | 36,806,500 | 23,191,350 | 23,191,350 | 9,020,000 | −61.1% | |
| Weighted average diluted shares (shares) | 28,783,000 | 29,881,500 | 38,943,000 | 23,191,350 | 23,191,350 | 9,020,000 | −61.1% | |
| Gross margin | 17.3% | 32.3% | 38.8% | 23.9% | 23.9% | 21.9% | −2.0 pts | |
| Operating margin | −41.8% | −8.5% | 5.8% | −18.1% | −49.9% | −31.3% | +18.6 pts | |
| Net margin | −41.2% | −6.4% | 16.2% | −19.6% | −78.2% | −36.4% | +41.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
