| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 364.1 | 366.0 | 382.8 | 349.8 | 310.6 | 281.5 | −9.4% | |
| Cost of revenue | 284.7 | 304.9 | 325.1 | 298.9 | 302.7 | 258.3 | −14.7% | |
| Gross profit | 79.4 | 61.1 | 57.7 | 50.9 | 7.9 | 23.2 | +192.0% | |
| Research & development | 28.7 | 30.6 | 46.0 | 40.9 | 34.9 | 25.4 | −27.3% | |
| Selling, general & administrative | 87.2 | 87.8 | 131.2 | 95.4 | 75.9 | 60.4 | −20.4% | |
| Selling & marketing | 60.9 | 53.9 | 60.3 | 51.0 | 44.1 | 32.4 | −26.5% | |
| Operating expenses | 115.9 | 118.4 | 356.0 | 139.3 | 149.5 | 79.6 | −46.8% | |
| Operating income | (36.5) | (57.3) | (298.3) | (88.4) | (141.6) | (56.4) | +60.1% | |
| Interest expense | 9.8 | 11.1 | 12.7 | 11.9 | 14.1 | 14.6 | +3.6% | |
| Interest income | 0.9 | 0.6 | 2.9 | 2.9 | 3.1 | 1.8 | −40.1% | |
| Other income / expense | (13.8) | (10.0) | 199.4 | 12.3 | 18.9 | (23.5) | −224.7% | |
| Pre-tax income | (50.3) | (67.4) | (98.9) | (76.0) | (122.8) | (80.0) | +34.9% | |
| Income tax | (1.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (49.3) | (67.4) | (98.9) | (76.0) | (122.8) | (80.0) | +34.9% | |
| 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) | (5.40) | (10.60) | (9.00) | (6.40) | (9.20) | (0.27) | +97.1% | |
| EPS, diluted (per share) | (5.40) | (10.60) | (9.00) | (6.40) | (9.20) | (0.27) | +97.1% | |
| EBITDA | 38.0 | 38.5 | 7.7 | 34.3 | (11.6) | 25.6 | +320.5% | |
| Depreciation & amortization | 78.6 | 94.8 | 94.8 | 98.4 | 97.0 | 90.9 | −6.3% | |
| Weighted average shares (shares) | 8,978,056 | 6,305,000 | 11,100,000 | 11,740,150 | 13,249,200 | 295,100,000 | +2127.3% | |
| Weighted average diluted shares (shares) | 8,978,050 | 6,305,000 | 11,100,000 | 11,740,150 | 13,249,200 | 295,100,000 | +2127.3% | |
| Gross margin | 21.8% | 16.7% | 15.1% | 14.6% | 2.6% | 8.2% | +5.7 pts | |
| Operating margin | −10.0% | −15.7% | −77.9% | −25.3% | −45.6% | −20.1% | +25.5 pts | |
| Net margin | −13.5% | −18.4% | −25.8% | −21.7% | −39.5% | −28.4% | +11.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
