| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 228.0 | 356.1 | 426.4 | 838.0 | 630.2 | 550.0 | −12.7% | |
| Cost of revenue | 188.5 | 258.2 | 311.1 | 384.4 | 347.6 | 337.2 | −3.0% | |
| Gross profit | 39.5 | 97.9 | 115.3 | 453.6 | 282.6 | 212.7 | −24.7% | |
| Research & development | 111.2 | 207.4 | 267.6 | 303.1 | 213.4 | 164.1 | −23.1% | |
| Selling, general & administrative | 61.3 | 127.1 | 136.1 | 133.2 | 112.9 | 103.3 | −8.5% | |
| Selling & marketing | 11.3 | 37.8 | 43.9 | 53.4 | 48.6 | 36.3 | −25.3% | |
| Operating expenses | 236.1 | 426.2 | 523.0 | 436.2 | 326.3 | 267.4 | −18.0% | |
| Operating income | (198.6) | (328.3) | (409.8) | 18.4 | (43.7) | (54.7) | −25.2% | |
| Interest expense | 0.8 | 0.6 | 0.7 | 0.8 | 2.9 | 2.9 | +0.0% | |
| Interest income | 3.2 | 2.1 | 9.6 | 36.1 | 40.1 | 50.0 | +24.8% | |
| Other income / expense | 87.7 | 173.2 | 51.5 | 87.2 | 89.1 | 577.4 | +548.3% | |
| Pre-tax income | (110.9) | (155.3) | (360.2) | 105.6 | 45.4 | 522.7 | +1052.3% | |
| Income tax | 4.8 | 11.9 | (0.3) | 4.5 | 7.2 | 63.8 | +786.8% | |
| Net income | (125.7) | (194.6) | (360.8) | 100.8 | 37.7 | 458.1 | +1114.2% | |
| 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) | (0.90) | (1.25) | (2.15) | 0.60 | 0.22 | 2.65 | +1104.5% | |
| EPS, diluted (per share) | (0.90) | (1.25) | (2.15) | 0.60 | 0.22 | 2.60 | +1081.8% | |
| EBITDA | (190.6) | (208.0) | (401.1) | 26.6 | (31.4) | (41.4) | −31.9% | |
| Depreciation & amortization | 6.1 | 7.2 | 8.7 | 8.2 | 12.3 | 13.3 | +8.1% | |
| Weighted average shares (shares) | 139,586,287 | 158,536,904 | 169,428,708 | 169,930,859 | 171,070,400 | 171,655,321 | +0.3% | |
| Weighted average diluted shares (shares) | 139,586,287 | 158,536,904 | 169,428,708 | 173,839,269 | 174,565,800 | 174,578,224 | +0.0% | |
| Gross margin | 17.3% | 27.5% | 27.0% | 54.1% | 44.8% | 38.7% | −6.2 pts | |
| Operating margin | −87.1% | −92.2% | −96.1% | 2.2% | −6.9% | −10.0% | −3.0 pts | |
| Net margin | −55.2% | −54.7% | −84.6% | 12.0% | 6.0% | 83.3% | +77.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
