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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 | 530M | 269M | 211M | 652M |
| Cost of revenue | 489M | 354M | 452M | 421M |
| Gross profit | 41M | −84M | −241M | 230M |
| Research and development | 63M | 61M | 65M | 82M |
| Selling, general and administrative | 68M | 72M | 71M | 88M |
| Operating expenses | 153M | 143M | 170M | 187M |
| Operating income | −112M | −227M | −411M | 43M |
| Pre-tax income | −207M | −172M | −465M | 88M |
| Income tax | 3M | 77M | −51M | 18M |
| Net income | −210M | −250M | −414M | 70M |
| Earnings per share | −2.99 | −6.13 | −16.06 | 2.73 |
| Earnings per share, diluted | −2.99 | −6.13 | −16.06 | 2.71 |
| Weighted average shares | 7.04B | 4.07B | 2.58B | 2.56B |
| Weighted average shares, diluted | 7.04B | 4.07B | 2.58B | 2.58B |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
|---|---|---|---|---|---|---|---|
| Receivables | — | — | 19M | 2M | 3M | — | — |
| Inventory | — | — |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | −271M | −199M | −124M | −183M |
| Share-based compensation | 23M | 31M | 42M | 63M |
| Capital expenditure | 25M | 19M | 3M | 18M |
| Investing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 181M |
| 95M |
| 142M |
| — |
| — |
| Current assets | — | — | 433M | 334M | 364M | — | — |
| Property, plant and equipment | — | — | 44M | 40M | 29M | — | — |
| Total assets | — | — | 603M | 463M | 493M | — | — |
| Current liabilities | — | — | 131M | 179M | 135M | — | — |
| Short-term debt | — | — | 29M | 17M | — | — | — |
| Long-term debt | — | — | 24M | 7M | — | — | — |
| Total liabilities | — | — | 166M | 197M | 145M | — | — |
| Equity | — | — | 437M | 266M | 348M | 608M | 542M |
| Shares outstanding | — | — | — | 4.61B | 3.51B | — | — |
| Shares issued | — | — | — | 5.59B | 3.77B | — | — |
| Treasury shares | — | — | 367M | 229M | 257M | — | — |
| 57M |
| 61M |
| 40M |
| −8M |
| Share buybacks | 5M | — | — | 37M |
| Financing cash flow | 198M | 140M | 90M | −56M |