| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.5 | 43.4 | 70.8 | 97.6 | 110.5 | 71.6 | 62.4 | −12.8% | |
| Cost of revenue | 10.3 | 18.7 | 53.6 | 59.0 | 70.6 | 42.4 | 38.8 | −8.4% | |
| Gross profit | 18.2 | 24.7 | 17.1 | 38.6 | 39.9 | 29.2 | 23.5 | −19.3% | |
| Research & development | 20.8 | 31.6 | 22.1 | 27.7 | 29.2 | 36.7 | 34.7 | −5.4% | |
| Selling, general & administrative | 22.8 | 60.9 | 73.4 | 67.8 | 72.0 | 79.3 | — | — | |
| Selling & marketing | 10.3 | 20.4 | 28.5 | 25.8 | 22.2 | 15.3 | — | — | |
| Operating expenses | 44.2 | 92.5 | 96.0 | 97.4 | 97.8 | 116.0 | 104.8 | −9.7% | |
| Operating income | (26.0) | (67.8) | (78.9) | (58.8) | (58.0) | (86.9) | (81.2) | +6.5% | |
| Interest expense | 6.8 | 11.4 | 14.0 | 19.0 | 20.4 | 7.4 | 0.0 | −100.0% | |
| Interest income | 0.1 | 0.0 | 0.9 | 2.3 | 1.5 | 2.4 | — | — | |
| Other income / expense | (6.1) | 30.2 | (19.9) | (18.9) | (44.7) | 141.8 | — | — | |
| Pre-tax income | (32.1) | (37.6) | (98.7) | (77.7) | (102.7) | 54.9 | (88.4) | −261.1% | |
| Income tax | 0.4 | 0.5 | 0.3 | (0.1) | 0.2 | 3.6 | 2.1 | −40.9% | |
| Net income | (32.5) | (38.1) | (99.0) | (77.6) | (102.8) | 51.3 | (90.6) | −276.6% | |
| 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) | (14.72) | (4.90) | (5.66) | (3.96) | (4.26) | 1.66 | (2.67) | −260.8% | |
| EPS, diluted (per share) | (14.72) | (4.90) | (5.66) | (3.96) | (4.26) | 1.49 | (2.67) | −279.3% | |
| EBITDA | (19.8) | (17.7) | (64.1) | (37.5) | (55.7) | 77.8 | (76.5) | −198.3% | |
| Depreciation & amortization | 5.5 | 8.5 | 20.7 | 21.2 | 26.6 | 15.5 | 13.3 | −13.8% | |
| Weighted average shares (shares) | 2,208,000 | 7,767,179 | 17,484,927 | 19,580,006 | 24,159,770 | 30,910,259 | — | — | |
| Weighted average diluted shares (shares) | 2,208,000 | 7,767,179 | 17,484,927 | 19,580,006 | 24,159,770 | 31,950,850 | — | — | |
| Gross margin | 63.9% | 56.8% | 24.2% | 39.5% | 36.1% | 40.8% | 37.7% | −3.0 pts | |
| Operating margin | −91.3% | −156.4% | −111.5% | −60.2% | −52.5% | −121.4% | −130.2% | −8.8 pts | |
| Net margin | −114.1% | −87.8% | −139.9% | −79.5% | −93.1% | 71.7% | −145.2% | −216.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-06-30 and uses four consecutive reported quarters.
