| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.2 | 4.6 | 17.9 | 16.4 | 15.6 | 114.2 | 214.2 | +87.6% | |
| Cost of revenue | 5.5 | 46.5 | 153.3 | 89.8 | 98.9 | 258.0 | 395.8 | +53.4% | |
| Gross profit | (5.3) | (41.9) | (135.3) | (73.4) | (83.3) | (143.8) | (181.6) | −26.2% | |
| Research & development | 13.6 | 19.2 | 18.5 | 18.7 | 22.8 | 28.5 | 35.7 | +25.2% | |
| Selling, general & administrative | 17.6 | 43.0 | 0.0 | 0.0 | 0.0 | 85.1 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 33.4 | 92.8 | 85.9 | 79.5 | 91.9 | 113.7 | 124.0 | +9.1% | |
| Operating income | (38.7) | (134.7) | (221.3) | (152.9) | (175.2) | (257.5) | (305.5) | −18.7% | |
| Interest expense | 23.8 | 5.2 | 18.8 | 56.2 | 28.2 | 23.3 | 38.5 | +65.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10.1 | — | |
| Other income / expense | (32.0) | 10.5 | (8.5) | (76.5) | (510.7) | (712.1) | — | — | |
| Pre-tax income | (70.6) | (124.2) | (229.8) | (229.5) | (685.8) | (969.6) | (528.6) | +45.5% | |
| Income tax | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | +29.2% | |
| Net income | (70.6) | (124.2) | (229.8) | (229.5) | (685.9) | (969.6) | (528.7) | +45.5% | |
| 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) | (1.37) | (2.71) | (3.68) | (1.81) | (4.55) | (6.69) | (4.52) | +32.4% | |
| EPS, diluted (per share) | (1.37) | (2.71) | (3.68) | (1.81) | (4.55) | (6.69) | (6.83) | −2.1% | |
| EBITDA | (45.3) | (115.5) | (207.6) | (136.1) | (158.2) | (930.3) | 315.6 | +133.9% | |
| Depreciation & amortization | 1.6 | 3.5 | 6.8 | 9.7 | 7.8 | 16.1 | 20.8 | +29.5% | |
| Weighted average shares (shares) | 48,943,082 | 52,664,349 | 62,439,857 | 126,967,756 | 212,040,000 | 260,834,731 | — | — | |
| Weighted average diluted shares (shares) | 48,943,082 | 52,664,349 | 62,439,857 | 126,967,756 | 212,040,000 | 260,834,731 | — | — | |
| Gross margin | −2,415.5% | −910.9% | −755.1% | −448.3% | −533.5% | −125.9% | −84.7% | +41.2 pts | |
| Operating margin | −17,661.6% | −2,930.1% | −1,234.4% | −933.8% | −1,122.6% | −225.5% | −142.6% | +82.9 pts | |
| Net margin | −32,257.1% | −2,701.5% | −1,282.2% | −1,401.3% | −4,394.9% | −849.1% | −246.8% | +602.3 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.
