| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17.3 | 25.6 | 43.0 | 22.9 | 17.2 | 24.2 | +40.5% | |
| Cost of revenue | 26.4 | 48.9 | 48.7 | 18.7 | 13.6 | 19.8 | +46.0% | |
| Gross profit | (4.2) | (5.8) | 0.2 | 4.1 | 3.6 | 4.4 | +19.8% | |
| Research & development | 1.0 | 3.8 | 9.0 | 1.1 | 0.8 | 0.5 | −30.9% | |
| Selling, general & administrative | 21.7 | 83.3 | 36.7 | 10.1 | 10.4 | 6.3 | −40.0% | |
| Selling & marketing | 4.7 | 13.7 | 18.1 | 0.1 | 0.1 | 0.0 | −31.0% | |
| Operating expenses | 20.4 | 82.3 | 80.3 | 9.9 | 12.1 | 7.8 | −35.4% | |
| Operating income | (24.6) | (88.1) | (80.8) | 12.8 | (8.5) | (3.5) | +59.1% | |
| Interest expense | 0.1 | 1.5 | 3.7 | 0.1 | 0.0 | 0.2 | +345.9% | |
| Interest income | 0.5 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | −85.9% | |
| Other income / expense | 0.5 | (45.7) | (21.2) | 0.3 | (2.6) | 4.9 | +291.8% | |
| Pre-tax income | (24.0) | (133.8) | (102.0) | 13.1 | (11.1) | 1.5 | +113.3% | |
| Income tax | (3.2) | (4.7) | (3.2) | (0.0) | 0.0 | 0.2 | — | |
| Net income | (29.7) | (141.5) | (116.5) | 3.1 | (10.3) | 1.3 | +112.7% | |
| Discontinued operations | (8.8) | (12.4) | (24.8) | (1.1) | 0.8 | (0.0) | −100.2% | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (6.27) | (29.85) | (24.53) | 0.45 | (1.19) | 0.12 | +110.1% | |
| EPS, diluted (per share) | (6.27) | (29.85) | (24.39) | 0.28 | (1.19) | 0.12 | +110.1% | |
| EBITDA | (24.4) | (131.6) | (94.0) | 5.0 | (10.6) | 2.1 | +119.9% | |
| Depreciation & amortization | 0.1 | 0.7 | 4.3 | 0.8 | 0.5 | 0.4 | −5.2% | |
| Weighted average shares (shares) | 4,739,844 | 4,739,844 | 4,749,681 | 6,785,700 | 8,656,553 | 10,666,740 | +23.2% | |
| Weighted average diluted shares (shares) | 4,739,844 | 4,739,844 | 4,776,994 | 11,026,477 | 8,656,553 | 10,780,520 | +24.5% | |
| Gross margin | −24.3% | −22.6% | 0.4% | 18.0% | 21.1% | 18.0% | −3.1 pts | |
| Operating margin | −141.9% | −344.7% | −187.9% | 56.0% | −49.3% | −14.4% | +35.0 pts | |
| Net margin | −171.7% | −553.5% | −270.9% | 13.4% | −60.1% | 5.4% | +65.5 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
