| USD millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53.9 | 121.3 | 211.9 | 320.8 | 475.9 | 583.1 | +22.5% | |
| Cost of revenue | 9.4 | 23.9 | 41.1 | 63.4 | 87.0 | 108.7 | +25.0% | |
| Gross profit | 44.5 | 97.3 | 170.8 | 257.3 | 388.9 | 474.4 | +22.0% | |
| Research & development | 20.6 | 40.1 | 65.2 | 165.0 | 195.4 | 222.6 | +13.9% | |
| Selling, general & administrative | 71.7 | 113.4 | 189.6 | 381.6 | 490.8 | 506.2 | +3.1% | |
| Selling & marketing | 0.0 | 89.3 | 141.0 | 269.5 | 355.8 | 369.2 | +3.7% | |
| Operating expenses | 92.3 | 153.6 | 254.8 | 546.6 | 686.2 | 728.7 | +6.2% | |
| Operating income | (47.9) | (56.2) | (84.0) | (289.3) | (297.3) | (254.3) | +14.5% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Interest income | 0.0 | 0.0 | 0.8 | 0.3 | 26.4 | 65.2 | +147.1% | |
| Other income / expense | 0.7 | 3.4 | 0.8 | 0.2 | 24.0 | 64.6 | +169.3% | |
| Pre-tax income | (47.2) | (52.8) | (83.3) | (289.2) | (273.3) | (189.6) | +30.6% | |
| Income tax | 0.2 | 0.5 | 0.3 | 1.0 | 1.0 | 1.0 | +2.6% | |
| Net income | (47.4) | (53.4) | (83.5) | (290.1) | (274.3) | (190.7) | +30.5% | |
| 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) | (0.26) | (0.33) | (0.51) | (3.48) | (1.47) | (0.98) | +33.3% | |
| EPS, diluted (per share) | (0.26) | (0.30) | (0.51) | (3.48) | (1.47) | (0.98) | +33.3% | |
| EBITDA | (47.2) | (56.0) | (80.3) | (286.7) | (268.7) | (180.1) | +33.0% | |
| Depreciation & amortization | 0.0 | 0.2 | 3.0 | 2.5 | 4.6 | 9.5 | +107.2% | |
| Weighted average shares (shares) | 178,887,670 | 163,948,919 | 163,948,919 | 83,277,000 | 186,029,000 | 193,825,000 | +4.2% | |
| Weighted average diluted shares (shares) | 178,887,670 | 163,948,919 | 163,948,919 | 83,277,000 | 186,029,000 | 193,825,000 | +4.2% | |
| Gross margin | 82.6% | 80.3% | 80.6% | 80.2% | 81.7% | 81.4% | −0.4 pts | |
| Operating margin | −88.9% | −46.4% | −39.7% | −90.2% | −62.5% | −43.6% | +18.9 pts | |
| Net margin | −87.9% | −44.0% | −39.4% | −90.5% | −57.6% | −32.7% | +24.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
