| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | Trend | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 48.9 | 72.5 | 88.6 | 130.2 | 199.6 | 272.3 | 275.6 | +1.2% | |
| Cost of revenue | 14.5 | 18.2 | 25.4 | 39.6 | 49.2 | 67.9 | 73.6 | +8.4% | |
| Gross profit | 34.4 | 54.3 | 63.2 | 90.6 | 150.4 | 204.4 | 202.0 | −1.2% | |
| Research & development | 2.4 | 11.1 | 3.1 | 6.7 | 12.2 | 12.8 | 29.0 | +125.9% | |
| Selling, general & administrative | 0.0 | 39.8 | 0.0 | 0.0 | 0.0 | 152.9 | — | — | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Operating expenses | 34.0 | 52.6 | 61.3 | 90.1 | 141.5 | 165.8 | 204.7 | +23.5% | |
| Operating income | 0.4 | 1.6 | 1.9 | 0.4 | 8.8 | 38.6 | (2.7) | −107.1% | |
| Interest expense | 2.2 | 5.4 | 7.2 | 21.3 | 22.8 | 24.2 | 23.0 | −4.9% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Other income / expense | (3.8) | (19.5) | (15.9) | (24.1) | (26.1) | (40.3) | — | — | |
| Pre-tax income | (3.4) | (17.9) | (14.0) | (23.7) | (17.3) | (1.7) | (33.4) | −1839.1% | |
| Income tax | 0.0 | 0.1 | 0.1 | 0.7 | 0.2 | 3.4 | 3.8 | +11.2% | |
| Net income | (3.4) | (18.0) | (14.1) | (24.4) | (17.5) | (5.1) | (37.2) | −624.4% | |
| 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) | (0.13) | (0.69) | (0.51) | (0.75) | (0.49) | (0.14) | (0.99) | −608.6% | |
| EPS, diluted (per share) | (0.13) | (0.69) | (0.51) | (0.75) | (0.49) | (0.14) | (0.99) | −608.6% | |
| EBITDA | 2.6 | 5.1 | (3.9) | 11.9 | 22.1 | 41.4 | 4.2 | −89.7% | |
| Depreciation & amortization | 1.9 | 1.7 | 2.8 | 11.1 | 13.1 | 18.9 | 7.0 | −63.0% | |
| Weighted average shares (shares) | 25,895,000 | 26,757,000 | 27,461,000 | 32,616,777 | 35,650,714 | 36,760,461 | — | — | |
| Weighted average diluted shares (shares) | 25,895,000 | 26,757,000 | 27,461,000 | 32,616,777 | 35,650,714 | 36,760,461 | — | — | |
| Gross margin | 70.4% | 74.9% | 71.3% | 69.6% | 75.3% | 75.1% | 73.3% | −1.8 pts | |
| Operating margin | 0.8% | 2.2% | 2.2% | 0.3% | 4.4% | 14.2% | −1.0% | −15.2 pts | |
| Net margin | −6.9% | −24.8% | −15.9% | −18.7% | −8.8% | −1.9% | −13.5% | −11.6 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.
