| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55.4 | 53.0 | (45.8) | 53.4 | 57.3 | 89.6 | +56.4% | |
| Cost of revenue | 0.0 | 2.8 | 7.0 | 0.0 | 0.0 | 19.1 | — | |
| Gross profit | 55.4 | 159.3 | 52.0 | 53.4 | 57.3 | 70.5 | +23.1% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 9.8 | 1.6 | 1.5 | 1.4 | 1.4 | 1.7 | +20.1% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 9.8 | 9.9 | 9.7 | 1.7 | 9.3 | 2.0 | −78.2% | |
| Operating income | 45.6 | 43.2 | 42.3 | (44.7) | 48.0 | 68.5 | +42.6% | |
| Interest expense | 8.2 | 2.8 | 7.0 | 20.9 | 22.7 | 19.1 | −15.7% | |
| Interest income | 0.0 | 9.8 | 14.4 | 18.4 | 20.3 | 19.3 | −5.2% | |
| Other income / expense | (128.0) | 114.4 | (96.9) | (88.9) | 148.6 | 0.0 | −100.0% | |
| Pre-tax income | (82.5) | 157.6 | (54.6) | (44.7) | 196.6 | 68.5 | −65.2% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (82.5) | 157.6 | (54.6) | (44.7) | 196.6 | 68.5 | −65.2% | |
| 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) | (1.69) | 3.23 | (1.12) | (0.91) | 4.00 | 0.00 | −100.0% | |
| EPS, diluted (per share) | (1.69) | 3.23 | (1.12) | (0.91) | 4.00 | 0.00 | −100.0% | |
| EBITDA | 45.6 | 157.6 | 42.3 | (44.7) | 48.0 | 68.5 | +42.6% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 48,502,728 | 48,780,796 | 48,780,796 | 49,088,152 | 49,185,239 | 49,258,572 | +0.1% | |
| Weighted average diluted shares (shares) | 48,502,728 | 48,780,796 | 48,780,796 | 49,088,152 | 49,185,225 | 49,258,572 | +0.1% | |
| Gross margin | 100.0% | 300.5% | −113.4% | 100.0% | 100.0% | 78.7% | −21.3 pts | |
| Operating margin | 82.3% | 81.4% | −92.3% | −83.7% | 83.8% | 76.4% | −7.4 pts | |
| Net margin | −148.8% | 297.2% | 119.1% | −83.7% | 343.2% | 76.4% | −266.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
