| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 78.9 | 130.5 | 128.3 | 200.5 | 154.0 | 160.0 | 159.3 | −0.5% | |
| Cost of revenue | 46.3 | 71.7 | 79.3 | 147.7 | 116.7 | 109.3 | 101.3 | −7.3% | |
| Gross profit | 32.6 | 58.9 | 49.0 | 52.8 | 37.3 | 50.7 | 57.9 | +14.4% | |
| Research & development | 64.2 | 112.9 | 193.0 | 187.2 | 134.9 | 97.3 | 88.4 | −9.2% | |
| Selling, general & administrative | 72.8 | 124.1 | 160.9 | 169.8 | 175.0 | 141.5 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 137.0 | 269.3 | 356.2 | 387.2 | 511.6 | 608.2 | 220.6 | −63.7% | |
| Operating income | (104.4) | (210.4) | (307.2) | (334.5) | (474.3) | (557.6) | (162.6) | +70.8% | |
| Interest expense | 0.3 | 12.5 | 14.7 | 14.3 | 13.4 | 7.0 | 3.8 | −44.7% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | 133.8 | (64.4) | (7.1) | 16.3 | 164.8 | 11.5 | — | — | |
| Pre-tax income | 29.4 | (274.9) | (314.2) | (318.2) | (309.5) | (546.1) | (130.6) | +76.1% | |
| Income tax | 0.0 | (93.6) | 0.0 | (11.4) | 0.3 | 0.3 | 0.8 | +160.1% | |
| Net income | 29.4 | (181.2) | (314.2) | (306.7) | (309.9) | (546.4) | (131.4) | +75.9% | |
| 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) | 0.18 | (0.89) | (1.40) | (1.21) | (1.13) | (1.82) | (0.43) | +76.2% | |
| EPS, diluted (per share) | 0.17 | (0.89) | (1.40) | (1.21) | (1.07) | (1.82) | (0.43) | +76.2% | |
| EBITDA | 39.0 | (250.8) | (282.2) | (271.1) | (242.8) | (34.2) | (122.9) | −259.5% | |
| Depreciation & amortization | 9.3 | 11.6 | 17.3 | 32.7 | 53.4 | 504.9 | 11.6 | −97.7% | |
| Weighted average shares (shares) | 165,187,000 | 203,621,348 | 224,550,000 | 253,629,000 | 274,488,000 | 299,959,000 | — | — | |
| Weighted average diluted shares (shares) | 174,970,000 | 204,136,000 | 224,550,000 | 253,629,000 | 288,366,000 | 299,959,000 | — | — | |
| Gross margin | 41.3% | 45.1% | 38.2% | 26.3% | 24.2% | 31.7% | 36.4% | +4.7 pts | |
| Operating margin | −132.3% | −161.2% | −239.4% | −166.8% | −308.0% | −348.5% | −102.1% | +246.4 pts | |
| Net margin | 37.3% | −138.9% | −244.9% | −153.0% | −201.2% | −341.5% | −82.5% | +259.0 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.
