| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2 | 103.0 | 198.2 | 284.1 | 463.3 | 477.5 | +3.1% | |
| Cost of revenue | 1.1 | 94.0 | 162.0 | 271.4 | 433.6 | 448.6 | +3.5% | |
| Gross profit | 0.1 | 9.0 | 36.2 | 12.7 | 29.7 | 28.9 | −2.7% | |
| Research & development | 0.7 | 0.5 | 1.6 | 1.7 | 5.6 | 2.5 | −54.6% | |
| Selling, general & administrative | 0.6 | 3.0 | 4.7 | 5.5 | 32.7 | 12.9 | −60.7% | |
| Selling & marketing | 0.0 | 1.6 | 2.0 | 1.9 | 7.5 | 3.7 | −50.1% | |
| Operating expenses | 1.3 | 3.2 | 32.3 | (3.9) | (36.5) | 16.4 | +144.9% | |
| Operating income | (1.1) | 5.8 | 3.9 | 16.6 | 66.2 | 12.6 | −81.0% | |
| Interest expense | 0.0 | 0.0 | 2.5 | 5.5 | 6.3 | 8.6 | +35.3% | |
| Interest income | 0.0 | 0.1 | 0.3 | 1.1 | 1.6 | 2.3 | +40.6% | |
| Other income / expense | 0.0 | 0.1 | (2.1) | (3.9) | (4.6) | (41.8) | −816.1% | |
| Pre-tax income | (1.1) | 6.0 | 1.8 | 12.7 | 61.6 | (29.3) | −147.5% | |
| Income tax | 0.0 | 1.0 | (0.7) | 2.2 | 7.7 | 1.9 | −75.5% | |
| Net income | (1.1) | 4.9 | 2.4 | 10.5 | 54.0 | (31.3) | −157.9% | |
| 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) | (0.01) | 0.03 | 0.02 | 0.01 | 0.34 | (0.19) | −155.9% | |
| EPS, diluted (per share) | (0.01) | 0.03 | 0.02 | 0.01 | 0.33 | (0.19) | −157.6% | |
| EBITDA | 0.0 | 5.5 | 22.5 | 42.7 | 92.7 | 7.3 | −92.1% | |
| Depreciation & amortization | 1.1 | 0.0 | 18.2 | 24.5 | 24.7 | 28.0 | +13.3% | |
| Weighted average shares (shares) | 157,895,000 | 160,401,385 | 162,902,000 | 162,902,000 | 160,988,000 | 164,334,429 | +2.1% | |
| Weighted average diluted shares (shares) | 157,895,000 | 160,398,369 | 162,902,000 | 162,902,000 | 165,500,000 | 164,334,429 | −0.7% | |
| Gross margin | 11.4% | 8.8% | 18.3% | 4.5% | 6.4% | 6.1% | −0.4 pts | |
| Operating margin | −90.7% | 5.7% | 2.0% | 5.8% | 14.3% | 2.6% | −11.7 pts | |
| Net margin | −90.1% | 4.8% | 1.2% | 3.7% | 11.6% | −6.5% | −18.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
