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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 | 221M | 282M | 82M | 474M |
| Cost of revenue | 205M | 18M | 73M | 87M |
| Gross profit | 16M | 21M | 9M | 387M |
| Research and development | 77M | 15M | 42M | 48M |
| Selling, general and administrative | 34M | 4M | 25M | 12M |
| Operating expenses | 121M | 148M | 74M | 64M |
| Operating income | −105M | 3M | −65M | 323M |
| Pre-tax income | −84M | 7M | −36M | 367M |
| Income tax | −36M | −181,000 | −9M | 12M |
| Net income | −48M | 7M | −27M | 355M |
| Earnings per share | −0.39 | 0.06 | −0.22 | 3.02 |
| Earnings per share, diluted | −0.39 | 0.43 | −0.22 | 3.02 |
| Weighted average shares | 121M | 120M | 119M | 118M |
| Weighted average shares, diluted | 121M | 120M | 119M | 118M |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/07/2022 | 30/06/2022 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 222M | 322M | 585M | — | — | — |
| Short-term investments |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | −93M | −138M | −5M | 327M |
| Depreciation and amortisation | 6M | 5M | 4M | 2M |
| Share-based compensation | 9M | 9M | 3M | 0 |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| 268M |
| 27M |
| 103M |
| — |
| — |
| — |
| Inventory | — | — | 52M | 99M | — | — | — | — |
| Current assets | — | — | 603M | 721M | 778M | — | — | — |
| Property, plant and equipment | — | — | 142M | 157M | — | — | — | — |
| Total assets | — | — | 1.02B | 1.09B | 979M | — | — | — |
| Current liabilities | — | — | 43M | 76M | 28M | — | — | — |
| Total liabilities | — | — | 43M | 76M | 29M | — | — | — |
| Equity | — | — | 977M | 139M | 950M | 934M | — | — |
| Shares outstanding | — | — | 121M | 120M | 120M | — | 118M | 118M |
| Shares issued | — | — | 121M | 120M | 120M | — | 118M | 118M |
| 5M |
| 1M |
| 47M |
| 4M |
| Investing cash flow | −12M | −126M | −175M | −117M |
| Financing cash flow | 7M | 0 | 51M | 0 |