| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.8 | 22.3 | 23.2 | 30.9 | 11.9 | 19.3 | +62.4% | |
| Cost of revenue | 9.3 | 13.2 | 13.4 | 16.2 | 7.6 | 10.1 | +32.6% | |
| Gross profit | 5.5 | 9.1 | 9.8 | 14.7 | 4.3 | 9.2 | +115.2% | |
| Research & development | 6.0 | 7.0 | 2.3 | 4.4 | 7.0 | 14.9 | +111.8% | |
| Selling, general & administrative | 18.0 | 29.0 | 6.9 | 23.8 | 24.9 | 42.3 | +69.9% | |
| Selling & marketing | 7.4 | 10.2 | 3.8 | 6.5 | 8.6 | 27.9 | +226.1% | |
| Operating expenses | 24.0 | 35.8 | 7.2 | 28.0 | 31.7 | 56.9 | +79.5% | |
| Operating income | (18.5) | (26.7) | 2.6 | (13.3) | (27.4) | (47.7) | −73.9% | |
| Interest expense | 1.2 | 2.1 | 0.8 | 1.3 | 2.2 | 0.2 | −89.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.1 | 0.9 | 6.1 | +614.2% | |
| Other income / expense | (10.4) | (2.3) | (2.6) | (1.9) | (1.4) | 9.4 | +753.9% | |
| Pre-tax income | (28.9) | (24.2) | 2.5 | (15.2) | (28.9) | (38.3) | −32.8% | |
| Income tax | 0.0 | (0.1) | (3.2) | 0.2 | 3.1 | (0.2) | −105.3% | |
| Net income | (28.9) | (24.1) | 5.8 | (15.4) | (13.4) | (6.1) | +54.8% | |
| Discontinued operations | 0.0 | (0.6) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | (0.0) | 0.0 | (19.5) | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (8.44) | (5.77) | 1.39 | (2.53) | (0.19) | (0.54) | −184.2% | |
| EPS, diluted (per share) | (8.44) | (5.77) | 1.39 | (2.53) | (0.19) | (0.54) | −184.2% | |
| EBITDA | (27.7) | (20.4) | (12.0) | (13.3) | (26.3) | (37.7) | −43.6% | |
| Depreciation & amortization | 1.6 | 1.0 | 0.6 | 0.6 | 0.7 | 0.3 | −62.8% | |
| Weighted average shares (shares) | 3,422,824 | 4,171,232 | 4,171,232 | 8,958,032 | 9,848,922 | 11,249,916 | +14.2% | |
| Weighted average diluted shares (shares) | 3,422,824 | 4,171,228 | 4,171,228 | 8,958,032 | 9,848,922 | 11,249,916 | +14.2% | |
| Gross margin | 37.0% | 40.8% | 42.2% | 47.7% | 36.2% | 47.9% | +11.7 pts | |
| Operating margin | −125.4% | −119.9% | 11.1% | −43.0% | −230.9% | −247.3% | −16.3 pts | |
| Net margin | −195.6% | −108.2% | 24.9% | −49.7% | −113.2% | −31.5% | +81.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
