| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (37.5) | 109.8 | (33.5) | (30.2) | 51.8 | 46.3 | −10.6% | |
| Cost of revenue | 6.5 | 6.2 | 3.4 | 5.6 | 16.9 | 5.7 | −66.4% | |
| Gross profit | (44.0) | 103.5 | (33.5) | (35.8) | 51.8 | 40.6 | −21.6% | |
| Research & development | (0.0) | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.5 | 0.5 | 0.4 | 0.5 | 0.4 | 5.9 | +1374.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | (5.3) | 0.0 | +100.0% | |
| Operating expenses | 0.4 | 0.5 | 0.4 | 0.5 | 0.6 | 5.9 | +957.0% | |
| Operating income | (38.0) | 109.3 | (30.6) | (30.7) | 46.1 | 53.7 | +16.5% | |
| Interest expense | 5.9 | 2.2 | 3.4 | 13.7 | 16.9 | 0.0 | −100.0% | |
| Interest income | 8.7 | 9.6 | 13.8 | 19.4 | 21.4 | (13.6) | −163.6% | |
| Other income / expense | 6.5 | 0.0 | 0.0 | 5.6 | 19.4 | (14.8) | −175.9% | |
| Pre-tax income | (38.0) | 109.3 | (34.0) | (30.7) | 65.5 | 38.9 | −40.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (38.0) | 109.3 | (34.0) | (30.7) | 65.5 | 38.9 | −40.6% | |
| 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) | (1.20) | 3.44 | (1.07) | (0.96) | 2.05 | 1.21 | −41.0% | |
| EPS, diluted (per share) | (1.20) | 3.44 | (1.07) | (0.96) | 2.05 | 1.21 | −41.0% | |
| EBITDA | (76.4) | 111.4 | (64.6) | (53.4) | 46.1 | 53.7 | +16.5% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 31,625,297 | 31,727,716 | 31,760,975 | 31,904,184 | 31,996,102 | 32,110,828 | +0.4% | |
| Weighted average diluted shares (shares) | 31,625,297 | 31,760,975 | 31,760,975 | 31,904,184 | 31,968,664 | 32,110,805 | +0.4% | |
| Gross margin | 117.2% | 94.3% | 100.0% | 118.6% | 100.0% | 87.7% | −12.3 pts | |
| Operating margin | 101.2% | 99.5% | 91.3% | 101.8% | 89.0% | 116.0% | +27.0 pts | |
| Net margin | 101.2% | 99.5% | 101.3% | 101.8% | 126.5% | 84.1% | −42.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
