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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 853M | 396M |
| Cost of revenue | 207M | 94M |
| Gross profit | 645M | 303M |
| Research and development | 304M | 201M |
| Selling, general and administrative | 88M | 94M |
| Operating expenses | 472M | 419M |
| Operating income | 173M | −116M |
| Pre-tax income | 218M | −82M |
| Income tax | −981,000 | 2M |
| Net income | 219M | −83M |
| Earnings per share | 1.32 | −0.64 |
| Earnings per share, diluted | 1.22 | −0.64 |
| Weighted average shares | 166M | 131M |
| Weighted average shares, diluted | 180M | 131M |
| Metric | 31 Mar 2026 | 31 Dec 2025 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 31 Dec 2024 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 148M | 168M | 140M | 162M | 86M | 80M | 126M | 421M |
| Receivables | 135M | 83M | 43M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | 319M | 137M |
| Depreciation and amortisation | 7M | 3M |
| Share-based compensation | 160M | 235M |
| Capital expenditure | 38M | 34M |
| Investing cash flow | −241M | −758M |
| Share buybacks | 0 |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 24M |
| 70M |
| 39M |
| 25M |
| 22M |
| Inventory | 60M | 59M | 52M | 59M | 51M | 43M | 24M | 29M |
| Current assets | 1.41B | 1.36B | 1.29B | 1.18B | 1.08B | 1.01B | 946M | 891M |
| Property, plant and equipment | 97M | 92M | 72M | 62M | 39M | 36M | 35M | 22M |
| Goodwill | 88M | 19M | — | — | — | — | — | — |
| Total assets | 1.66B | 1.53B | 1.40B | 1.27B | 1.12B | 1.05B | 983M | 916M |
| Current liabilities | 125M | 133M | 101M | 106M | 77M | 87M | 88M | 64M |
| Total liabilities | 165M | 168M | 129M | 136M | 80M | 90M | 93M | 70M |
| Equity | 1.49B | 1.36B | 1.27B | 1.14B | 1.04B | 965M | 890M | 845M |
| Shares outstanding | 171M | 170M | 169M | 166M | 165M | 162M | 159M | 157M |
| Shares issued | 171M | 170M | 169M | 166M | 165M | 162M | 159M | 157M |
| 1M |
| Financing cash flow | 10M | 656M |