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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Mar 2026 | 30 Sept 2025 | 31 Mar 2025 | 30 Sept 2024 |
|---|---|---|---|---|
| Revenue | 108M | 84M | 59M | 38M |
| Cost of revenue | 29M | 25M | 21M | 18M |
| Gross profit | 79M | 58M | 38M | 20M |
| Research and development | 15M | 13M | 10M | 10M |
| Selling, general and administrative | 47M | 36M | 30M | 23M |
| Operating expenses | 61M | 49M | 40M | 33M |
| Operating income | 18M | 10M | −2M | −13M |
| Pre-tax income | 19M | 6M | −4M | −15M |
| Income tax | 539,000 | −129,000 | 100,000 | 0 |
| Net income | 18M | 6M | −4M | −15M |
| Earnings per share | 0.39 | 0.14 | −0.39 | −1.47 |
| Earnings per share, diluted | 0.34 | 0.10 | −0.39 | −1.47 |
| Weighted average shares | 46M | 10M | 10M | 10M |
| Weighted average shares, diluted | 53M | 16M | 10M | 10M |
| 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 | 537M | 496M | 195M | — | 192M | 191M | 202M | — |
| Receivables | 61M | 42M |
| Metric | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Operating cash flow | 15M | 3M |
| Depreciation and amortisation | 2M | 2M |
| Share-based compensation | 7M | 2M |
| Capital expenditure | 4M | 2M |
| Investing cash flow | −4M | −2M |
| Financing cash flow | 31M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 35M |
| — |
| — |
| 25M |
| — |
| — |
| Inventory | 19M | 18M | 17M | — | — | 9M | — | — |
| Current assets | 624M | 561M | 252M | — | — | 228M | — | — |
| Property, plant and equipment | 22M | 20M | 19M | — | — | 17M | — | — |
| Total assets | 701M | 633M | 328M | — | — | 302M | — | — |
| Current liabilities | 57M | 48M | 41M | — | — | 28M | — | — |
| Long-term debt | 90M | 57M | 55M | — | — | 51M | — | — |
| Total liabilities | 195M | 153M | 148M | — | — | 134M | — | — |
| Equity | 506M | 480M | −240M | −250M | −253M | −252M | −243M | −230M |
| Shares outstanding | — | — | 11M | — | — | 11M | — | — |
| Shares issued | — | — | 11M | — | — | 11M | — | — |
| −156,000 |