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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 | 3.99B | 4.47B | 4.53B | 4.00B |
| Cost of revenue | 3.52B | 3.98B | 4.13B | 3.74B |
| Gross profit | 469M | 491M | 395M | 259M |
| Research and development | 84M | 144M | 91M | 119M |
| Selling, general and administrative | 146M | 149M | 105M | 103M |
| Operating expenses | 423M | 516M | 384M | 462M |
| Operating income | 46M | −26M | 11M | −202M |
| Pre-tax income | 110M | −20M | 110M | −180M |
| Income tax | 277,000 | 69,000 | — | — |
| Net income | 109M | −20M | 110M | −180M |
| Earnings per share | 0.53 | −2.51 | −0.50 | −4.44 |
| Earnings per share, diluted | 0.52 | −2.51 | −0.50 | −4.44 |
| Weighted average shares | 207M | 104M | 72M | 72M |
| Weighted average shares, diluted | 209M | 104M | 72M | 72M |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 561M | 592M | 699M | 622M | — |
| Short-term investments | — | — | 390M |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | 99M | 2M | 46M | −87M |
| Depreciation and amortisation | 2M | 407,000 | 5M | 5M |
| Share-based compensation | 46M | 160M | — | — |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 21M |
| 151M |
| — |
| — |
| Receivables | — | — | 37M | 17M | 12M | — | — |
| Current assets | — | — | 1.03B | 118M | 920M | — | — |
| Property, plant and equipment | — | — | 2M | 4M | 6M | — | — |
| Total assets | — | — | 1.29B | 1.24B | 1.00B | — | — |
| Current liabilities | — | — | 440M | 459M | 653M | — | — |
| Total liabilities | — | — | 453M | 67M | 699M | — | — |
| Equity | — | — | 835M | 747M | −2.43B | −2.35B | −1.87B |
| Treasury shares | — | — | 7M | — | — | — | — |
| Capital expenditure | 131,000 | 156,000 | 3M | 3M |
| Investing cash flow | −111M | −498M | 26M | 461M |
| Share buybacks | 55M | — | — | — |
| Financing cash flow | −59M | 59M | −359,000 | — |