| USD millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51.2 | 48.9 | 72.5 | 88.6 | 130.2 | 199.6 | +53.3% | |
| Cost of revenue | 16.7 | 14.5 | 18.2 | 25.4 | 39.6 | 49.2 | +24.2% | |
| Gross profit | 34.4 | 34.4 | 54.3 | 63.2 | 90.6 | 150.4 | +66.1% | |
| Research & development | 2.1 | 2.4 | 11.1 | 3.1 | 6.7 | 12.2 | +83.9% | |
| Selling, general & administrative | 33.1 | 0.0 | 39.8 | 0.0 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 39.2 | 34.0 | 52.6 | 61.3 | 90.1 | 141.5 | +57.1% | |
| Operating income | (4.8) | 0.4 | 1.6 | 1.9 | 0.4 | 8.8 | +1946.9% | |
| Interest expense | 2.5 | 2.2 | 5.4 | 7.2 | 21.3 | 22.8 | +6.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 0.0 | (3.8) | (19.5) | (15.9) | (24.1) | (26.1) | −8.3% | |
| Pre-tax income | (0.1) | (3.4) | (17.9) | (14.0) | (23.7) | (17.3) | +27.0% | |
| Income tax | 0.0 | 0.0 | 0.1 | 0.1 | 0.7 | 0.2 | −77.0% | |
| Net income | 0.2 | (3.4) | (18.0) | (14.1) | (24.4) | (17.5) | +28.4% | |
| 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) | 0.01 | (0.13) | (0.69) | (0.51) | (0.75) | (0.49) | +34.7% | |
| EPS, diluted (per share) | 0.01 | (0.13) | (0.69) | (0.51) | (0.75) | (0.49) | +34.7% | |
| EBITDA | 1.9 | 2.6 | 5.1 | (3.9) | 11.9 | 22.1 | +85.2% | |
| Depreciation & amortization | 2.7 | 1.9 | 1.7 | 2.8 | 11.1 | 13.1 | +17.2% | |
| Weighted average shares (shares) | 25,323,000 | 25,895,000 | 26,757,000 | 27,461,000 | 32,616,777 | 35,650,714 | +9.3% | |
| Weighted average diluted shares (shares) | 26,466,000 | 25,895,000 | 26,757,000 | 27,461,000 | 32,616,777 | 35,650,714 | +9.3% | |
| Gross margin | 67.3% | 70.4% | 74.9% | 71.3% | 69.6% | 75.3% | +5.8 pts | |
| Operating margin | −9.4% | 0.8% | 2.2% | 2.2% | 0.3% | 4.4% | +4.1 pts | |
| Net margin | 0.3% | −6.9% | −24.8% | −15.9% | −18.7% | −8.8% | +10.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
