| USD millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.8 | 47.7 | 52.7 | 57.8 | 61.5 | 63.7 | +3.5% | |
| Cost of revenue | 9.5 | 13.9 | 18.7 | 19.8 | 21.1 | 10.7 | −49.1% | |
| Gross profit | 26.3 | 33.8 | 34.0 | 38.0 | 40.5 | 53.0 | +30.9% | |
| Research & development | 0.4 | 0.9 | 0.9 | 1.5 | 4.8 | 12.3 | +155.7% | |
| Operating expenses | 6.3 | 9.8 | 6.5 | 9.4 | 13.7 | 25.5 | +85.6% | |
| Operating income | 19.9 | 24.0 | 27.5 | 28.6 | 26.8 | 27.5 | +2.9% | |
| Interest expense | — | — | — | 0.0 | 0.0 | 0.1 | +114.7% | |
| Interest income | 0.3 | 0.3 | 2.6 | 4.8 | 6.1 | 7.1 | +15.9% | |
| Pre-tax income | 19.2 | 24.9 | 30.7 | 33.2 | 33.4 | 32.3 | −3.3% | |
| Income tax | 0.7 | 9.7 | 10.1 | 9.9 | 10.0 | 9.3 | −6.5% | |
| Net income | 18.4 | 15.1 | 20.6 | 23.4 | 23.4 | 23.0 | −1.9% | |
| EPS, basic (per share) | 0.37 | 0.31 | 0.42 | 0.47 | 0.47 | 0.46 | −1.8% | |
| EPS, diluted (per share) | 0.36 | 0.29 | 0.40 | 0.46 | 0.47 | 0.45 | −2.6% | |
| EBITDA | 20.5 | 24.5 | 28.1 | 29.3 | 27.5 | 28.2 | +2.4% | |
| Depreciation & amortization | 0.6 | 0.5 | 0.5 | 0.7 | 0.7 | 0.7 | −10.0% | |
| Weighted average shares (shares) | 49,410,338 | 49,410,338 | 49,410,338 | 49,834,035 | 50,076,045 | 50,009,944 | −0.1% | |
| Weighted average diluted shares (shares) | 51,131,070 | 51,776,444 | 51,815,997 | 51,026,713 | 50,380,016 | 50,746,879 | +0.7% | |
| Gross margin | 73.4% | 70.9% | 64.6% | 65.7% | 65.8% | 83.2% | +17.4 pts | |
| Operating margin | 55.6% | 50.3% | 52.2% | 49.4% | 43.5% | 43.2% | −0.3 pts | |
| Net margin | 51.5% | 31.8% | 39.1% | 40.4% | 38.1% | 36.1% | −2.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
