| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45.6 | 94.9 | 178.4 | 153.8 | 226.7 | 232.3 | +2.4% | |
| Cost of revenue | 0.1 | 0.0 | 0.0 | 0.0 | 43.5 | 0.0 | −100.0% | |
| Gross profit | 45.5 | 94.9 | 178.4 | 153.8 | 183.2 | 232.3 | +26.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.0 | 0.0 | 0.0 | 0.0 | 14.2 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | (31.9) | (20.4) | (34.1) | (44.3) | 14.2 | 16.1 | +13.5% | |
| Operating income | 25.8 | 152.7 | 3.8 | 121.2 | 169.0 | 216.2 | +27.9% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 80.6 | — | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 293.7 | — | |
| Other income / expense | 0.0 | (20.4) | (34.1) | (44.3) | (53.4) | (80.6) | −50.8% | |
| Pre-tax income | (6.1) | 132.3 | 3.8 | 76.9 | 115.6 | 135.6 | +17.3% | |
| Income tax | 25.8 | 0.0 | 3.8 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (6.1) | 132.3 | (30.4) | 76.9 | 115.6 | 135.6 | +17.3% | |
| 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) | (0.23) | 4.86 | (0.96) | 1.98 | 2.19 | 1.96 | −10.5% | |
| EPS, diluted (per share) | (0.23) | 4.86 | (0.96) | 1.80 | 2.10 | 1.96 | −6.7% | |
| EBITDA | 25.8 | 152.7 | 116.3 | 153.8 | 177.5 | 216.2 | +21.8% | |
| Depreciation & amortization | 0.1 | 0.0 | 174.6 | 32.6 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 26,413,137 | 27,229,699 | 31,673,618 | 38,909,523 | 52,705,732 | 69,286,014 | +31.5% | |
| Weighted average diluted shares (shares) | 26,413,137 | 27,229,699 | 31,673,618 | 42,706,470 | 56,728,848 | 69,286,014 | +22.1% | |
| Gross margin | 99.9% | 100.0% | 100.0% | 100.0% | 80.8% | 100.0% | +19.2 pts | |
| Operating margin | 56.6% | 160.9% | 2.1% | 78.8% | 74.6% | 93.1% | +18.5 pts | |
| Net margin | −13.4% | 139.4% | −17.0% | 50.0% | 51.0% | 58.4% | +7.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
