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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Revenue | 102M | 92M | 93M | 123M |
| Cost of revenue | 29M | 29M | 40M | 40M |
| Gross profit | 73M | 64M | 53M | 83M |
| Selling, general and administrative | 14M | 13M | 35M | 16M |
| Operating expenses | 69M | 70M | 118M | 115M |
| Operating income | 4M | −6M | −65M | −32M |
| Pre-tax income | 5M | −4M | −62M | −30M |
| Income tax | 1M | 2M | 1M | 2M |
| Net income | 4M | −6M | −63M | −32M |
| Earnings per share | 0.08 | −0.15 | −1.66 | −0.87 |
| Earnings per share, diluted | 0.08 | −0.15 | −1.66 | −0.87 |
| Weighted average shares | 44M | 39M | 38M | 37M |
| Weighted average shares, diluted | 46M | 39M | 38M | 37M |
| Metric | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 17M | 16M | 14M | 12M | 12M |
| Short-term investments | — | 49M | 26M | 29M | — |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | 18M | 5M | −30M | −33M |
| Depreciation and amortisation | 4M | 6M | 8M | 7M |
| Capital expenditure | 2M | 2M | 2M | 6M |
| Investing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Inventory | — | 13M | 9M | 12M | — | — |
| Current assets | — | 125M | 90M | 90M | — | — |
| Property, plant and equipment | — | 6M | 8M | 11M | — | — |
| Goodwill | — | 32M | 32M | 32M | — | — |
| Total assets | — | 173M | 140M | 138M | — | — |
| Current liabilities | — | 47M | 36M | 39M | — | — |
| Equity | — | 113M | 50M | 50M | 102M | 126M |
| Shares outstanding | — | 49M | 40M | 38M | — | — |
| Shares issued | — | 49M | 40M | 39M | — | — |
| Treasury shares | — | 816,000 | 816,000 | 816,000 | — | — |
| −29M |
| −3M |
| 32M |
| −7M |
| Financing cash flow | 11M | 1,000 | 0 | 40M |