| USD millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 113.6 | 126.2 | 135.2 | 133.7 | 362.5 | 443.8 | +22.4% | |
| Cost of revenue | 54.6 | 66.0 | 71.0 | 66.7 | 168.0 | 197.4 | +17.5% | |
| Gross profit | 59.0 | 60.2 | 64.2 | 67.1 | 194.5 | 246.4 | +26.7% | |
| Research & development | 10.6 | 11.1 | 9.0 | 8.4 | 16.1 | 18.4 | +14.3% | |
| Selling, general & administrative | 51.9 | 57.1 | 63.0 | 71.0 | 204.4 | 208.5 | +2.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 62.5 | 68.2 | 72.0 | 79.4 | 220.4 | 226.8 | +2.9% | |
| Operating income | (3.5) | (7.9) | (7.7) | (12.3) | (25.9) | 19.6 | +175.6% | |
| Interest expense | 2.3 | 2.0 | 1.7 | 1.6 | 20.3 | (27.5) | −235.4% | |
| Interest income | 0.1 | 0.0 | 0.1 | 0.1 | 0.9 | 0.8 | −15.8% | |
| Other income / expense | (4.5) | (2.8) | 1.1 | 7.5 | (20.6) | (30.8) | −49.9% | |
| Pre-tax income | (8.0) | (10.7) | (6.7) | (5.1) | (46.5) | (11.3) | +75.8% | |
| Income tax | 1.0 | 2.6 | 0.3 | 0.6 | (4.5) | (8.7) | −92.3% | |
| Net income | (9.0) | (13.3) | (7.0) | (5.7) | (51.0) | (20.6) | +59.7% | |
| 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) | (0.10) | (0.13) | (0.07) | (0.05) | (0.43) | (0.15) | +65.1% | |
| EPS, diluted (per share) | (0.10) | (0.13) | (0.07) | (0.05) | (0.43) | (0.15) | +65.1% | |
| EBITDA | 4.9 | (0.2) | 0.6 | (0.1) | 47.5 | 60.3 | +26.9% | |
| Depreciation & amortization | 8.4 | 8.6 | 8.3 | 12.3 | 47.5 | 60.3 | +26.9% | |
| Weighted average shares (shares) | 89,109,000 | 103,713,000 | 106,179,000 | 106,884,000 | 119,877,000 | 133,761,000 | +11.6% | |
| Weighted average diluted shares (shares) | 89,109,000 | 103,713,000 | 106,179,000 | 106,884,000 | 119,877,000 | 133,761,000 | +11.6% | |
| Gross margin | 52.0% | 47.7% | 47.5% | 50.2% | 53.7% | 55.5% | +1.9 pts | |
| Operating margin | −3.1% | −6.3% | −5.7% | −9.2% | −7.1% | 4.4% | +11.6 pts | |
| Net margin | −7.9% | −10.5% | −5.2% | −4.2% | −14.1% | −4.6% | +9.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
