| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.9 | 146.5 | 241.4 | 49.2 | (23.8) | 28.3 | +218.7% | |
| Cost of revenue | 13.6 | 11.1 | 11.5 | 10.6 | 0.3 | 12.2 | +3696.3% | |
| Gross profit | 8.3 | 146.5 | 229.8 | 38.7 | (23.8) | 16.1 | +167.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 7.7 | 8.3 | 5.5 | 4.9 | 5.3 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 41.9 | 8.5 | 5.8 | 5.3 | 5.7 | 30.8 | +443.4% | |
| Operating income | 42.2 | 138.0 | 39.2 | (4.9) | (29.1) | (14.7) | +49.6% | |
| Interest expense | 7.8 | 0.6 | 0.4 | 1.4 | 0.3 | 12.1 | +3676.2% | |
| Interest income | 48.8 | 26.3 | 28.8 | 38.2 | 31.1 | 26.8 | −13.7% | |
| Other income / expense | (16.1) | (11.2) | (8.3) | (9.2) | (8.1) | (12.1) | −49.4% | |
| Pre-tax income | 26.1 | 138.0 | 30.9 | (14.1) | (37.3) | (26.8) | +28.0% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | 26.1 | 138.0 | 30.9 | (6.3) | (37.3) | (26.8) | +28.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 7.8 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 0.37 | 1.87 | 0.45 | (0.23) | (0.57) | (0.48) | +15.8% | |
| EPS, diluted (per share) | 0.36 | 1.82 | 0.44 | (0.23) | (0.57) | (0.48) | +15.8% | |
| EBITDA | 42.2 | 141.6 | 39.1 | (4.9) | (29.1) | (14.7) | +49.6% | |
| Depreciation & amortization | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 71,350,322 | 69,648,259 | 68,121,308 | 61,242,100 | 65,296,916 | 55,388,271 | −15.2% | |
| Weighted average diluted shares (shares) | 72,458,386 | 71,539,997 | 70,239,516 | 61,242,100 | 65,296,916 | 55,388,271 | −15.2% | |
| Gross margin | 38.0% | 100.0% | 95.2% | 78.5% | 100.0% | 56.9% | −43.1 pts | |
| Operating margin | 192.6% | 94.2% | 16.3% | −9.9% | 122.4% | −52.0% | −174.4 pts | |
| Net margin | 119.1% | 94.2% | 12.8% | −12.8% | 156.5% | −94.9% | −251.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
