| USD millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 581.7 | 486.2 | 550.0 | 540.4 | 499.5 | 249.6 | 249.6 | +0.0% | |
| Cost of revenue | 367.7 | 306.4 | 365.5 | 383.2 | 371.7 | 152.4 | 157.5 | +3.3% | |
| Gross profit | 214.0 | 179.8 | 184.5 | 157.2 | 127.9 | 97.2 | 92.1 | −5.2% | |
| Research & development | 49.1 | 52.5 | 48.6 | 24.1 | 17.4 | 11.6 | 11.6 | +0.0% | |
| Selling, general & administrative | 111.8 | 114.9 | 120.0 | 110.7 | 143.5 | — | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | |
| Operating expenses | 282.3 | 213.6 | 199.1 | 237.1 | 267.0 | 115.4 | 109.1 | −5.4% | |
| Operating income | (68.3) | (33.8) | (14.7) | (79.9) | (139.1) | (18.2) | (17.0) | +6.6% | |
| Interest expense | 6.8 | 5.0 | 16.2 | 22.8 | 45.8 | 21.3 | 21.3 | +0.0% | |
| Interest income | 0.1 | 0.7 | 0.0 | 0.0 | 0.0 | — | — | — | |
| Other income / expense | (6.7) | (3.3) | (16.2) | (20.4) | (16.3) | — | — | — | |
| Pre-tax income | (75.0) | (37.1) | (30.8) | (100.3) | (155.4) | (17.4) | (17.4) | +0.0% | |
| Income tax | (1.5) | (4.0) | (3.9) | (0.3) | (0.1) | 0.8 | 0.8 | +0.0% | |
| Net income | (73.5) | (33.1) | (26.9) | (100.0) | (155.3) | (36.2) | (36.2) | +0.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | |
| EPS, basic (per share) | (2.86) | (1.25) | (0.96) | (4.70) | (6.95) | (2.31) | (2.31) | −0.1% | |
| EPS, diluted (per share) | (2.86) | (1.25) | (0.96) | (4.70) | (6.95) | (2.31) | (2.31) | −0.1% | |
| EBITDA | (37.8) | (0.3) | 18.7 | (44.1) | (76.1) | (8.4) | (4.5) | +46.6% | |
| Depreciation & amortization | 30.4 | 31.7 | 33.3 | 33.3 | 33.5 | 9.8 | 14.8 | +51.6% | |
| Weighted average shares (shares) | 25,685,000 | 26,506,000 | 28,002,000 | 28,799,000 | 29,405,000 | 29,845,000 | — | — | |
| Weighted average diluted shares (shares) | 25,685,000 | 26,506,000 | 28,002,000 | 28,799,000 | 29,405,000 | 29,845,000 | — | — | |
| Gross margin | 36.8% | 37.0% | 33.5% | 29.1% | 25.6% | 38.9% | 36.9% | −2.0 pts | |
| Operating margin | −11.7% | −6.9% | −2.7% | −14.8% | −27.8% | −7.3% | −6.8% | +0.5 pts | |
| Net margin | −12.6% | −6.8% | −4.9% | −18.5% | −31.1% | −14.5% | −14.5% | +0.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
TTM ends 2026-07-31 and uses four consecutive reported quarters.
