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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 224M | 151M |
| Cost of revenue | 81M | 62M |
| Selling, general and administrative | 36M | 33M |
| Operating income | −422M | −44M |
| Pre-tax income | −826M | −44M |
| Income tax | −3M | 318,000 |
| Net income | −822M | −45M |
| Earnings per share | −2.15 | −0.14 |
| Earnings per share, diluted | −2.15 | −0.14 |
| Weighted average shares | 382M | 323M |
| Weighted average shares, diluted | 382M | 323M |
| 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 | 715M | 628M | 1.21B | 63M | 23M | 6M | 25M | 123M |
| Current assets | 3.89B | 2.65B | 1.42B |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −208M | −88M |
| Depreciation and amortisation | 199M | 102M |
| Share-based compensation | 53M | 42M |
| Capital expenditure | 488M | 139M |
| Investing cash flow | −337M | −192M |
| Share buybacks | 90M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 220M |
| 155M |
| 168M |
| 152M |
| 309M |
| Property, plant and equipment | — | — | — | — | — | — | — | 239M |
| Total assets | 6.39B | 4.29B | 2.84B | 1.02B | 914M | 855M | 775M | 776M |
| Current liabilities | 1.25B | 699M | 570M | 53M | 139M | 132M | 59M | 36M |
| Short-term debt | 355M | 38M | 0 | 0 | 35M | 32M | — | — |
| Long-term debt | 4.38B | 2.71B | 1.02B | 167M | — | 0 | — | — |
| Total liabilities | 5.65B | 3.46B | 2.06B | 270M | 179M | 173M | 103M | 85M |
| Equity | 714M | 806M | 783M | 749M | 735M | 682M | 672M | 691M |
| Shares outstanding | 405M | 405M | 394M | 387M | 371M | 351M | 348M | 329M |
| Shares issued | 413M | 412M | 395M | 388M | 371M | 361M | 356M | 336M |
| Treasury shares | 7M | 7M | 2M | 1M | 455,899 | 11M | 8M | 7M |
| 28M |
| Financing cash flow | 3.19B | 214M |