| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 70.9 | 69.6 | 130.5 | 123.4 | 112.1 | 158.2 | 154.1 | −2.5% | |
| Cost of revenue | 78.6 | 85.2 | 160.1 | 133.9 | 148.1 | 184.6 | 204.1 | +10.6% | |
| Gross profit | (7.7) | (15.6) | (29.6) | (10.5) | (35.9) | (26.4) | (49.9) | −89.0% | |
| Research & development | 4.8 | 11.3 | 34.5 | 61.0 | 55.4 | 34.1 | 28.6 | −16.0% | |
| Selling, general & administrative | 26.6 | 37.9 | 79.6 | 64.5 | 64.6 | 60.7 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 31.4 | 49.3 | 114.1 | 125.5 | 120.0 | 94.8 | 129.3 | +36.3% | |
| Operating income | (39.2) | (64.9) | (143.7) | (136.1) | (155.9) | (121.2) | (179.2) | −47.8% | |
| Interest expense | 15.3 | 7.4 | 6.4 | 7.2 | 9.7 | 10.4 | 11.2 | +7.9% | |
| Interest income | 0.0 | 0.0 | 3.4 | 15.8 | 13.7 | 8.3 | 10.5 | +26.8% | |
| Other income / expense | (49.9) | (36.1) | (2.7) | 28.6 | (0.8) | (70.0) | — | — | |
| Pre-tax income | (89.1) | (101.0) | (146.4) | (107.5) | (156.8) | (191.2) | (178.3) | +6.7% | |
| Income tax | 0.0 | 0.0 | 0.8 | 0.6 | 0.0 | 0.1 | (2.4) | −1872.3% | |
| Net income | (89.1) | (101.0) | (142.7) | (107.6) | (126.0) | (187.9) | (175.9) | +6.4% | |
| 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) | (0.42) | (0.31) | (0.39) | (0.26) | (0.53) | (7.42) | (3.43) | +53.8% | |
| EPS, diluted (per share) | (0.40) | (0.30) | (0.38) | (0.26) | (0.49) | (7.42) | (3.43) | +53.8% | |
| EBITDA | (54.4) | (73.8) | (118.7) | (74.9) | (110.9) | (140.5) | (135.6) | +3.4% | |
| Depreciation & amortization | 19.4 | 19.9 | 21.3 | 25.4 | 36.2 | 40.4 | 40.6 | +0.4% | |
| Weighted average shares (shares) | 17,679,953 | 27,039,013 | 31,228,080 | 33,968,557 | 20,294,703 | 25,743,252 | — | — | |
| Weighted average diluted shares (shares) | 18,496,683 | 27,895,184 | 31,928,249 | 34,978,969 | 21,820,216 | 25,743,252 | — | — | |
| Gross margin | −10.9% | −22.5% | −22.7% | −8.5% | −32.0% | −16.7% | −32.4% | −15.7 pts | |
| Operating margin | −55.3% | −93.3% | −110.1% | −110.3% | −139.1% | −76.6% | −116.3% | −39.6 pts | |
| Net margin | −125.7% | −145.2% | −109.4% | −87.2% | −112.4% | −118.8% | −114.1% | +4.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-07-31 and uses four consecutive reported quarters.
