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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Jan 2026 | 31 Oct 2025 | 31 Jul 2025 | 31 Jan 2025 | 31 Oct 2024 | 31 Jul 2024 |
|---|---|---|---|---|---|---|
| Revenue | 407M | 268M | 223M | 135M | 72M | 60M |
| Cost of revenue | 128M | 87M | 73M | 49M | 27M | 22M |
| Gross profit | 279M | 181M | 150M | 86M | 46M | 37M |
| Research and development | 78M | 58M | 52M | 36M | 32M | 30M |
| Selling, general and administrative | 51M | 44M | 37M | 23M | 22M | 21M |
| Operating expenses | 129M | 102M | 90M | 60M | 54M | 52M |
| Operating income | 150M | 79M | 61M | 26M | −8M | −14M |
| Pre-tax income | 159M | 84M | 65M | 30M | −4M | −9M |
| Income tax | 2M | 1M | 1M | 752,000 | 292,000 | 622,000 |
| Net income | 157M | 83M | 63M | 29M | −4M | −10M |
| Earnings per share | 0.86 | 0.47 | 0.37 | 0.17 | −0.03 | −0.06 |
| Earnings per share, diluted | 0.82 | 0.44 | 0.34 | 0.16 | −0.03 | −0.06 |
| Weighted average shares | 182M | 175M | 172M | 168M | 166M | 165M |
| Weighted average shares, diluted | 192M | 188M | 185M | 182M | 166M | 165M |
| Metric | 30 Apr 2026 | 31 Jan 2026 | 31 Oct 2025 | 31 Jul 2025 | 30 Apr 2025 | 31 Jan 2025 | 31 Oct 2024 | 31 Jul 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.16B | 1.22B | 568M | 220M | 236M | 299M | 239M | 104M |
| Short-term investments | 278M | 81M |
| Metric | 31 Jan 2026 | 31 Oct 2025 | 31 Jul 2025 | 31 Jan 2025 | 31 Oct 2024 | 31 Jul 2024 |
|---|---|---|---|---|---|---|
| Operating cash flow | — | — | 54M | — | — | −7M |
| Depreciation and amortisation | 7M | 7M | 5M | 5M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 246M |
| 260M |
| 195M |
| 80M |
| 144M |
| 295M |
| Receivables | 233M | 243M | 245M | 181M | 162M | 157M | 82M | 72M |
| Inventory | 251M | 208M | 150M | 117M | 90M | 53M | 36M | 32M |
| Current assets | 2.00B | 1.79B | 1.24B | 804M | 714M | 619M | 538M | 542M |
| Property, plant and equipment | 102M | 106M | 86M | 69M | 64M | 68M | 68M | 70M |
| Goodwill | 93M | 71M | 69M | — | 0 | — | — | — |
| Total assets | 2.30B | 2.04B | 1.45B | 905M | 809M | 720M | 639M | 645M |
| Current liabilities | 197M | 165M | 140M | 108M | 108M | 81M | 50M | 69M |
| Total liabilities | 232M | 188M | 163M | 124M | 128M | 102M | 71M | 92M |
| Equity | 2.06B | 1.85B | 1.29B | 781M | 682M | 618M | 568M | 553M |
| Shares outstanding | 185M | 184M | 179M | 173M | 171M | 170M | 167M | 166M |
| Shares issued | 185M | 184M | 179M | 173M | 171M | 170M | 167M | 166M |
| 5M |
| 4M |
| Share-based compensation | — | — | 35M | — | — | 17M |
| Capital expenditure | — | — | 3M | — | — | 6M |
| Investing cash flow | — | — | −68M | — | — | 42M |
| Financing cash flow | — | — | −3M | — | — | 2M |