| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45.2 | 64.9 | 141.1 | 187.4 | 237.9 | 282.8 | 318.8 | +12.8% | |
| Cost of revenue | 49.4 | 58.8 | 119.2 | 158.7 | 208.3 | 249.3 | 283.2 | +13.6% | |
| Gross profit | (4.3) | 6.1 | 21.9 | 28.8 | 29.5 | 33.4 | 35.6 | +6.6% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Selling, general & administrative | 12.1 | 15.7 | 22.3 | 28.0 | 39.1 | 37.7 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 12.2 | 16.1 | 22.6 | 28.4 | 41.0 | 38.2 | 255.9 | +569.9% | |
| Operating income | (16.5) | (10.0) | (0.8) | 0.3 | (11.5) | (4.8) | (4.5) | +5.8% | |
| Interest expense | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | −8.6% | |
| Interest income | 0.5 | 0.0 | 0.2 | 1.5 | 2.9 | 3.1 | 2.7 | −14.6% | |
| Other income / expense | 0.3 | (0.2) | 0.1 | 1.4 | 2.9 | 3.0 | — | — | |
| Pre-tax income | (16.2) | (10.2) | (0.7) | 1.7 | (8.6) | (1.7) | (1.9) | −9.7% | |
| Income tax | 1.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | +2.3% | |
| Net income | (17.4) | (10.3) | (0.8) | 1.5 | (8.8) | (1.9) | (2.1) | −9.0% | |
| 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) | (2.08) | (1.21) | (0.08) | 0.15 | (0.79) | (0.16) | (0.17) | −7.6% | |
| EPS, diluted (per share) | (2.08) | (1.21) | (0.08) | 0.14 | (0.79) | (0.16) | (0.18) | −10.3% | |
| EBITDA | (12.9) | (9.6) | 5.0 | 9.6 | 3.2 | 12.4 | 12.8 | +3.3% | |
| Depreciation & amortization | 3.2 | 0.4 | 5.6 | 7.8 | 11.8 | 14.0 | 16.6 | +18.2% | |
| Weighted average shares (shares) | 8,337,999 | 8,528,000 | 9,719,000 | 10,305,000 | 11,204,000 | 11,916,000 | — | — | |
| Weighted average diluted shares (shares) | 8,337,999 | 8,528,000 | 9,719,000 | 10,640,000 | 11,204,000 | 11,916,000 | — | — | |
| Gross margin | −9.4% | 9.4% | 15.5% | 15.4% | 12.4% | 11.8% | 11.2% | −0.6 pts | |
| Operating margin | −36.5% | −15.4% | −0.5% | 0.2% | −4.8% | −1.7% | −1.4% | +0.3 pts | |
| Net margin | −38.4% | −15.9% | −0.5% | 0.8% | −3.7% | −0.7% | −0.7% | +0.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-05-31 and uses four consecutive reported quarters.
