| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.4 | 10.5 | 43.6 | 56.3 | 57.8 | 102.4 | 121.2 | +18.3% | |
| Cost of revenue | 2.3 | 9.4 | 29.6 | 30.9 | 32.8 | 68.1 | 74.7 | +9.7% | |
| Gross profit | 1.1 | 1.1 | 14.1 | 26.1 | 25.0 | 34.3 | 46.5 | +35.3% | |
| Research & development | 9.9 | 41.7 | 75.8 | 58.0 | 37.2 | 30.1 | 30.0 | −0.0% | |
| Selling, general & administrative | 26.9 | 42.4 | 65.6 | 87.7 | 63.9 | 95.5 | — | — | |
| Selling & marketing | 6.6 | 22.7 | 8.3 | 34.3 | 8.3 | 35.7 | — | — | |
| Operating expenses | 36.8 | 84.0 | 186.5 | 150.3 | 111.4 | 125.5 | 107.0 | −14.8% | |
| Operating income | (35.7) | (82.9) | (131.0) | (126.2) | (86.4) | (91.2) | (94.2) | −3.3% | |
| Interest expense | 0.4 | 0.3 | 0.3 | 0.6 | 0.7 | 0.1 | — | — | |
| Interest income | 0.2 | 3.8 | 18.4 | 45.8 | 42.8 | 35.4 | — | — | |
| Other income / expense | (12.8) | (122.8) | (97.0) | 70.7 | (10.1) | (16.4) | — | — | |
| Pre-tax income | (48.5) | (205.7) | (228.0) | (57.0) | (96.5) | (107.6) | (147.3) | −36.9% | |
| Income tax | 0.0 | (4.9) | 0.3 | 0.1 | 0.4 | (7.2) | (7.2) | +0.1% | |
| Net income | (48.5) | (200.8) | (227.4) | (54.6) | (95.9) | (293.3) | (163.7) | +44.2% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (193.3) | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| EPS, basic (per share) | (0.27) | (0.81) | (0.88) | (0.22) | (0.44) | (1.37) | (0.77) | +43.8% | |
| EPS, diluted (per share) | (0.27) | (0.81) | (0.88) | (0.22) | (0.44) | (1.37) | (0.77) | +43.8% | |
| EBITDA | (45.4) | (198.2) | (219.6) | (48.6) | (89.3) | (87.0) | (90.3) | −3.9% | |
| Depreciation & amortization | 2.7 | 7.4 | 7.3 | 6.5 | 6.7 | 20.5 | 3.8 | −81.2% | |
| Weighted average shares (shares) | 181,270,500 | 247,335,000 | 257,794,000 | 248,019,000 | 218,311,000 | 215,742,000 | — | — | |
| Weighted average diluted shares (shares) | 181,270,500 | 248,132,000 | 257,890,000 | 248,115,000 | 218,375,000 | 215,742,000 | — | — | |
| Gross margin | 31.3% | 10.7% | 32.2% | 46.3% | 43.3% | 33.5% | 38.4% | +4.8 pts | |
| Operating margin | −1,050.2% | −790.3% | −300.2% | −224.1% | −149.6% | −89.0% | −77.7% | +11.3 pts | |
| Net margin | −1,426.7% | −1,913.4% | −521.2% | −96.9% | −166.0% | −286.3% | −135.1% | +151.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-06-30 and uses four consecutive reported quarters.
