| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.6 | 155.3 | (78.6) | 136.3 | 115.9 | 116.1 | +0.1% | |
| Cost of revenue | 10.5 | 14.5 | 14.1 | 13.6 | 18.3 | 47.5 | +159.1% | |
| Gross profit | 64.1 | 140.8 | (92.7) | 122.7 | 97.6 | 68.6 | −29.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 3.2 | 6.8 | 7.2 | 4.5 | 11.3 | 7.3 | −35.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 3.2 | 9.0 | 9.1 | 3.9 | 12.1 | 156.0 | +1186.9% | |
| Operating income | 60.9 | 131.9 | (101.8) | 118.8 | 85.5 | (87.4) | −202.2% | |
| Interest expense | 10.5 | 14.5 | 14.1 | 13.6 | 18.3 | 27.6 | +50.6% | |
| Interest income | 58.5 | 81.9 | 111.0 | 131.7 | 171.4 | 204.0 | +19.0% | |
| Other income / expense | 0.0 | (15.2) | (15.6) | (13.6) | (18.3) | (27.6) | −50.6% | |
| Pre-tax income | 60.9 | 131.9 | (101.8) | 118.8 | 85.5 | (115.0) | −234.5% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 60.9 | 131.9 | (101.8) | 118.8 | 80.3 | (134.4) | −267.4% | |
| 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) | 1.88 | 3.94 | (2.21) | 1.74 | 0.86 | (1.05) | −222.1% | |
| EPS, diluted (per share) | 1.88 | 3.94 | (2.21) | 1.74 | 0.86 | (1.05) | −222.1% | |
| EBITDA | 60.9 | 131.9 | (101.8) | 118.8 | 85.5 | (87.4) | −202.2% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 32,354,889 | 33,427,985 | 46,893,997 | 67,177,233 | 93,383,369 | 128,034,236 | +37.1% | |
| Weighted average diluted shares (shares) | 32,354,889 | 33,427,985 | 46,893,997 | 67,177,233 | 93,383,369 | 128,034,236 | +37.1% | |
| Gross margin | 85.9% | 90.7% | 118.0% | 90.0% | 84.2% | 59.1% | −25.1 pts | |
| Operating margin | 81.7% | 84.9% | 129.5% | 87.1% | 73.7% | −75.3% | −149.0 pts | |
| Net margin | 81.7% | 84.9% | 129.5% | 87.1% | 69.3% | −115.8% | −185.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
