| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 305.1 | 305.1 | 425.6 | 652.2 | 634.6 | 607.7 | −4.2% | |
| Cost of revenue | 121.1 | 121.1 | 223.0 | 321.9 | 316.9 | 308.0 | −2.8% | |
| Gross profit | 184.0 | 184.0 | 202.6 | 330.3 | 317.7 | 299.7 | −5.7% | |
| Research & development | 61.9 | 61.9 | 79.7 | 98.0 | 101.4 | 98.0 | −3.4% | |
| Selling, general & administrative | 105.4 | 3.9 | 130.2 | 176.0 | 195.8 | 165.5 | −15.5% | |
| Selling & marketing | 53.6 | 105.5 | 60.3 | 88.0 | 87.7 | 79.3 | −9.6% | |
| Operating expenses | 198.4 | 3.9 | 256.2 | 356.8 | 377.5 | 1,048.7 | +177.8% | |
| Operating income | (14.4) | (3.9) | (53.8) | (29.4) | (1,193.6) | (652.4) | +45.3% | |
| Interest expense | 67.6 | 1.4 | 33.7 | 76.8 | 102.5 | 99.3 | −3.0% | |
| Interest income | 0.0 | 23.1 | 33.7 | 76.8 | 0.0 | 0.0 | — | |
| Other income / expense | (94.3) | (67.4) | (166.2) | (941.2) | (1,105.2) | (72.2) | +93.5% | |
| Pre-tax income | (108.6) | (71.3) | (220.0) | (970.6) | (1,267.5) | (724.6) | +42.8% | |
| Income tax | (7.3) | 1.4 | (30.1) | (250.4) | (82.4) | 1.2 | +101.4% | |
| Net income | (101.4) | (72.7) | (189.9) | (720.2) | (1,070.0) | (659.8) | +38.3% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | — | — | — | — | — | 0.0 | — | |
| EPS, basic (per share) | (1.79) | (0.37) | (0.77) | (2.39) | (3.52) | (2.14) | +39.2% | |
| EPS, diluted (per share) | (1.79) | (0.37) | (0.77) | (2.39) | (3.52) | (2.14) | +39.2% | |
| EBITDA | 46.0 | (3.9) | 104.4 | 191.5 | 164.5 | (437.0) | −365.6% | |
| Depreciation & amortization | 60.4 | 69.7 | 158.3 | 220.9 | 222.1 | 188.3 | −15.2% | |
| Weighted average shares (shares) | 56,750,000 | 198,543,693 | 245,454,000 | 301,946,000 | 303,751,000 | 308,268,105 | +1.5% | |
| Weighted average diluted shares (shares) | 56,750,000 | 198,543,693 | 245,454,000 | 301,946,000 | 303,751,000 | 308,268,000 | +1.5% | |
| Gross margin | 60.3% | 60.3% | 47.6% | 50.6% | 50.1% | 49.3% | −0.7 pts | |
| Operating margin | −4.7% | −1.3% | −12.6% | −4.5% | −188.1% | −107.4% | +80.7 pts | |
| Net margin | −33.2% | −23.8% | −44.6% | −110.4% | −168.6% | −108.6% | +60.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
