| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (9.3) | 199.8 | 140.2 | 68.2 | 50.1 | 88.2 | +76.0% | |
| Cost of revenue | 7.1 | 8.9 | 9.9 | 9.6 | 9.3 | 8.9 | −4.3% | |
| Gross profit | (16.5) | 190.9 | 140.2 | 58.5 | 40.9 | 79.4 | +94.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.0 | −100.0% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | (9.3) | 2.2 | 2.7 | 2.3 | 2.0 | (135.3) | −6814.5% | |
| Operating income | (11.4) | 197.6 | 137.5 | (8.7) | (27.1) | 214.6 | +893.4% | |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +207.6% | |
| Interest income | 0.9 | 0.2 | 0.0 | 0.0 | 0.0 | 27.0 | — | |
| Other income / expense | (0.0) | (0.3) | (0.2) | 0.0 | 0.2 | 0.2 | −14.7% | |
| Pre-tax income | (11.4) | 197.6 | 137.5 | (8.6) | (26.9) | 214.8 | +899.7% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (11.4) | 197.6 | 137.5 | (8.6) | (26.9) | 214.8 | +899.7% | |
| 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) | 2.24 | 1.57 | (0.10) | (0.33) | 2.80 | +948.5% | |
| EPS, diluted (per share) | (0.13) | 2.24 | 1.57 | (0.10) | (0.33) | 2.80 | +948.5% | |
| EBITDA | (11.4) | 197.6 | 137.8 | (8.7) | (27.1) | 214.8 | +894.1% | |
| Depreciation & amortization | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 88,315,994 | 88,315,994 | 87,518,484 | 84,363,295 | 80,197,858 | 76,709,958 | −4.3% | |
| Weighted average diluted shares (shares) | 88,315,994 | 88,315,994 | 87,518,484 | 84,363,295 | 80,197,858 | 76,709,958 | −4.3% | |
| Gross margin | 176.4% | 95.6% | 100.0% | 85.9% | 81.5% | 90.0% | +8.4 pts | |
| Operating margin | 122.0% | 98.9% | 98.1% | −12.7% | −54.0% | 243.3% | +297.3 pts | |
| Net margin | 122.1% | 98.9% | 98.1% | −12.7% | −53.6% | 243.5% | +297.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
