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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 May 2025 | 31 May 2024 |
|---|---|---|
| Revenue | 292M | 304M |
| Cost of revenue | 135M | 149M |
| Gross profit | 158M | 155M |
| Research and development | 26M | 32M |
| Selling, general and administrative | 42M | 41M |
| Operating expenses | 198M | 402M |
| Operating income | −40M | −192M |
| Interest expense | — | −2M |
| Pre-tax income | −34M | −192M |
| Income tax | −39,000 | −7M |
| Net income | −34M | −184M |
| Earnings per share | −0.83 | −4.59 |
| Earnings per share, diluted | −0.83 | −4.59 |
| Weighted average shares | 41M | 40M |
| Weighted average shares, diluted | 41M | 40M |
| Metric | 28 Feb 2026 | 30 Nov 2025 | 31 Aug 2025 | 31 May 2025 | 28 Feb 2025 | 30 Nov 2024 | 31 Aug 2024 | 31 May 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 38M | 42M | 39M | 56M | 45M | 54M | 55M | 76M |
| Receivables | 46M | 44M | 43M |
| Metric | 31 May 2025 | 31 May 2024 |
|---|---|---|
| Operating cash flow | −10M | −28M |
| Depreciation and amortisation | 26M | 28M |
| Share-based compensation | 10M | 11M |
| Capital expenditure | 4M | 3M |
| Investing cash flow | −10M | 124M |
| Share buybacks | 2M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 43M |
| 43M |
| 43M |
| 40M |
| 44M |
| Inventory | 59M | 66M | 62M | 62M | 63M | 66M | 65M | 61M |
| Current assets | 156M | 161M | 157M | 168M | 172M | 175M | 173M | 193M |
| Property, plant and equipment | 29M | 31M | 31M | 32M | 33M | 33M | 34M | 36M |
| Goodwill | — | — | — | — | — | — | — | 0 |
| Total assets | 261M | 270M | 266M | 280M | 285M | 292M | 294M | 318M |
| Current liabilities | 66M | 72M | 68M | 76M | 78M | 89M | 77M | 91M |
| Long-term debt | — | — | — | — | — | — | — | 0 |
| Total liabilities | 87M | 93M | 87M | 97M | 100M | 105M | 97M | 112M |
| Equity | 173M | 176M | 179M | 183M | 186M | 187M | 197M | 206M |
| Shares outstanding | 42M | 42M | 41M | 41M | 41M | 41M | 41M | 40M |
| Shares issued | 42M | 42M | 42M | 42M | 42M | 41M | 41M | 41M |
| Treasury shares | 613,847 | 613,847 | 613,847 | 613,847 | 613,847 | 613,847 | 442,141 | 614M |
| 0 |
| Financing cash flow | −255,000 | −64M |