| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (115.7) | 220.8 | 156.0 | (34.7) | 266.7 | 142.0 | −46.7% | |
| Cost of revenue | 26.6 | 27.0 | 23.3 | 17.1 | 23.8 | 19.4 | −18.4% | |
| Gross profit | (142.3) | 193.8 | 132.7 | (51.8) | 266.7 | 122.6 | −54.0% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 2.5 | 2.1 | 1.6 | 1.5 | 1.9 | 1.8 | −4.8% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 2.5 | 2.1 | 1.6 | 1.5 | 1.9 | (8.3) | −530.7% | |
| Operating income | (105.6) | 365.0 | (450.3) | 126.6 | 264.8 | 130.9 | −50.6% | |
| Interest expense | 12.6 | 5.9 | 10.3 | 22.0 | 23.8 | 22.0 | −7.6% | |
| Interest income | 211.2 | 203.2 | 183.9 | 149.3 | 147.4 | 155.9 | +5.8% | |
| Other income / expense | (12.6) | (5.9) | (10.3) | (22.0) | (23.8) | (22.0) | +7.6% | |
| Pre-tax income | (118.2) | 359.0 | (460.6) | 104.6 | 264.8 | 109.0 | −58.8% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (118.2) | 359.0 | (460.6) | 104.6 | 264.8 | 109.0 | −58.8% | |
| 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) | (1.16) | 3.52 | (4.52) | 1.02 | 2.41 | 0.96 | −60.2% | |
| EPS, diluted (per share) | (1.16) | 3.52 | (4.52) | 1.02 | 2.41 | 0.96 | −60.2% | |
| EBITDA | (105.4) | 365.2 | (450.1) | 126.6 | 288.6 | 109.0 | −62.2% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | — | |
| Weighted average shares (shares) | 101,956,908 | 101,996,828 | 101,996,828 | 102,562,223 | 110,081,007 | 113,500,000 | +3.1% | |
| Weighted average diluted shares (shares) | 101,956,908 | 101,996,828 | 101,996,828 | 102,562,223 | 110,081,007 | 113,500,000 | +3.1% | |
| Gross margin | 123.0% | 87.8% | 85.1% | 149.2% | 100.0% | 86.3% | −13.7 pts | |
| Operating margin | 91.3% | 165.3% | −288.7% | −364.8% | 99.3% | 92.2% | −7.1 pts | |
| Net margin | 102.1% | 162.6% | −295.3% | −301.6% | 99.3% | 76.7% | −22.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
