| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 94.4 | 142.5 | 166.1 | 218.1 | 273.9 | 272.1 | −0.7% | |
| Cost of revenue | 29.1 | 55.0 | 126.7 | 76.6 | 82.1 | 148.2 | +80.5% | |
| Gross profit | 65.3 | 87.4 | 39.4 | 141.6 | 131.7 | 123.8 | −6.0% | |
| Research & development | 4.4 | 6.1 | 4.4 | 3.2 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 60.4 | 71.6 | 109.3 | 220.3 | 245.3 | 185.5 | −24.4% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 16.3 | 43.5 | 0.0 | −100.0% | |
| Operating expenses | 64.8 | 89.1 | 113.7 | 223.5 | 185.3 | 185.5 | +0.1% | |
| Operating income | 0.5 | (1.6) | (74.3) | (81.9) | (58.6) | (61.7) | −5.3% | |
| Interest expense | 6.3 | 11.1 | 12.9 | 18.9 | 17.2 | 25.1 | +46.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (6.3) | (8.3) | (73.0) | (31.0) | 5.0 | (200.6) | −4099.4% | |
| Pre-tax income | (5.8) | (10.0) | (147.3) | (112.9) | (48.5) | (262.2) | −440.3% | |
| Income tax | (3.4) | 9.6 | (5.7) | (7.0) | 0.1 | (14.2) | −12999.1% | |
| Net income | (2.4) | (19.6) | (116.6) | (90.0) | (42.4) | (229.7) | −441.3% | |
| 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) | (0.20) | (0.45) | (1.08) | (0.89) | (0.39) | (2.01) | −415.4% | |
| EPS, diluted (per share) | (0.20) | (0.45) | (1.08) | (0.89) | (0.39) | (2.01) | −415.4% | |
| EBITDA | 13.9 | 15.0 | (99.3) | (33.5) | 28.6 | (2.5) | −108.7% | |
| Depreciation & amortization | 13.4 | 13.9 | 35.2 | 60.5 | 60.0 | 59.2 | −1.4% | |
| Weighted average shares (shares) | 11,678,371 | 43,707,131 | 107,564,896 | 101,228,953 | 109,295,742 | 114,070,225 | +4.4% | |
| Weighted average diluted shares (shares) | 11,678,371 | 43,707,130 | 107,564,785 | 101,228,857 | 109,295,742 | 114,070,225 | +4.4% | |
| Gross margin | 69.2% | 61.4% | 23.7% | 64.9% | 48.1% | 45.5% | −2.6 pts | |
| Operating margin | 0.6% | −1.1% | −44.7% | −37.6% | −21.4% | −22.7% | −1.3 pts | |
| Net margin | −2.5% | −13.7% | −70.2% | −41.2% | −15.5% | −84.4% | −68.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
