| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | (15.4) | 24.4 | 34.4 | 40.5 | 39.1 | 50.2 | +28.6% | |
| Cost of revenue | 3.6 | 0.9 | 0.0 | 0.0 | 0.0 | 2.9 | — | |
| Gross profit | (19.0) | 35.5 | 34.4 | 40.5 | 39.1 | 47.4 | +21.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.1 | 0.1 | 4.7 | 3.8 | 3.6 | 0.1 | −98.5% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 0.2 | 0.2 | 4.7 | 3.8 | 3.6 | 0.1 | −96.9% | |
| Operating income | (15.6) | 74.6 | 29.6 | 36.7 | 46.2 | 47.3 | +2.4% | |
| Interest expense | 1.4 | 0.9 | 4.7 | 4.7 | 6.6 | 2.9 | −56.1% | |
| Interest income | 34.5 | 34.9 | 40.1 | 0.0 | 37.5 | 38.3 | +2.3% | |
| Other income / expense | 0.0 | (1.5) | (82.4) | (21.4) | (7.0) | (3.6) | +48.1% | |
| Pre-tax income | (15.6) | 73.1 | (52.8) | 15.3 | 39.1 | 47.3 | +20.7% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Net income | (15.6) | 73.1 | (52.8) | 15.3 | 39.1 | 47.3 | +20.7% | |
| 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) | (0.51) | 2.21 | (1.38) | 0.31 | 0.97 | 1.10 | +13.4% | |
| EPS, diluted (per share) | (0.51) | 2.21 | (1.48) | 0.31 | 0.97 | 1.10 | +13.4% | |
| EBITDA | (33.3) | 74.6 | 29.6 | 36.7 | 46.2 | 47.3 | +2.4% | |
| Depreciation & amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (38.5) | — | |
| Weighted average shares (shares) | 30,398,181 | 32,755,203 | 38,894,151 | 49,177,583 | 38,659,793 | 42,942,727 | +11.1% | |
| Weighted average diluted shares (shares) | 30,398,181 | 32,755,203 | 35,565,000 | 38,169,000 | 38,659,793 | 42,942,727 | +11.1% | |
| Gross margin | 123.2% | 145.7% | 100.0% | 100.0% | 100.0% | 94.3% | −5.7 pts | |
| Operating margin | 101.2% | 306.3% | 86.2% | 90.6% | 118.2% | 94.0% | −24.1 pts | |
| Net margin | 101.2% | 300.2% | −153.6% | 37.8% | 100.2% | 94.0% | −6.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
