| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.4 | 80.0 | 40.3 | 39.6 | 91.9 | 96.3 | +4.8% | |
| Cost of revenue | 10.5 | 4.6 | 12.1 | 31.1 | 32.8 | 12.9 | −60.6% | |
| Gross profit | 63.9 | 83.4 | 100.0 | 101.8 | 109.2 | 83.4 | −23.6% | |
| Research & development | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.5 | 0.8 | 0.8 | 1.3 | 1.3 | 0.8 | −37.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 10.8 | 0.8 | 0.9 | 1.3 | 1.4 | 28.1 | +1885.0% | |
| Operating income | (0.6) | 176.6 | (386.4) | 87.9 | 291.6 | 55.3 | −81.0% | |
| Interest expense | 6.9 | 4.6 | 12.1 | 31.1 | 32.8 | 29.0 | −11.5% | |
| Interest income | 0.0 | 83.4 | 100.0 | 101.8 | 109.0 | 110.7 | +1.6% | |
| Other income / expense | (6.9) | (4.6) | (12.1) | (31.1) | (32.8) | (29.0) | +11.5% | |
| Pre-tax income | (7.5) | 171.9 | (398.5) | 7.3 | 258.8 | 26.2 | −89.9% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (7.5) | 171.9 | (398.5) | 7.3 | 258.8 | 26.2 | −89.9% | |
| 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) | (0.09) | 2.02 | (3.83) | 0.07 | 2.32 | 0.22 | −90.5% | |
| EPS, diluted (per share) | (0.09) | 2.02 | (3.83) | 0.07 | 2.32 | 0.22 | −90.5% | |
| EBITDA | (0.6) | 176.6 | (386.4) | 38.3 | 291.6 | 55.3 | −81.0% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 83,009,376 | 85,113,846 | 104,052,695 | 110,540,716 | 111,631,692 | 117,500,107 | +5.3% | |
| Weighted average diluted shares (shares) | 83,009,376 | 85,113,846 | 104,052,695 | 110,539,338 | 111,631,646 | 117,500,107 | +5.3% | |
| Gross margin | 85.9% | 104.3% | 248.0% | 256.7% | 118.8% | 86.6% | −32.3 pts | |
| Operating margin | −0.8% | 220.8% | −958.5% | 221.8% | 317.4% | 57.4% | −260.0 pts | |
| Net margin | −10.1% | 215.0% | −988.6% | 18.3% | 281.7% | 27.2% | −254.4 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
