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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 | 228M | 231M | 340M | 322M |
| Cost of revenue | 96M | 119M | 158M | 138M |
| Gross profit | 131M | 112M | 182M | 185M |
| Research and development | 13M | 14M | 42M | 55M |
| Selling, general and administrative | 42M | 93M | 107M | 52M |
| Operating expenses | 121M | 190M | 276M | 229M |
| Operating income | 10M | −78M | −94M | −45M |
| Pre-tax income | 11M | −141M | −89M | 23M |
| Income tax | 21,000 | 64,000 | −42,000 | 361,000 |
| Net income | 11M | −141M | −89M | 23M |
| Earnings per share | 0.01 | −0.13 | −0.09 | 0.02 |
| Earnings per share, diluted | 0.01 | −0.13 | −0.09 | 0.02 |
| Weighted average shares | 1.06B | 1.05B | 1.04B | 1.03B |
| Weighted average shares, diluted | 1.06B | 1.05B | 1.04B | 1.03B |
| 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 | — | — | 102M | 37M | 41M | 143M | 97M |
| Short-term investments | — | — | 2M |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | 19M | −33M | −122M | −5M |
| Depreciation and amortisation | 2M | 2M | 2M | 2M |
| Share-based compensation | 13,000 | −178,000 | 5M | 14M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 55M |
| 75M |
| — |
| — |
| Receivables | — | — | 62M | 66M | 139M | — | — |
| Current assets | — | — | 190M | 175M | 272M | — | — |
| Property, plant and equipment | — | — | 4M | 6M | 7M | — | — |
| Total assets | — | — | 297M | 276M | 459M | — | — |
| Current liabilities | — | — | 157M | 146M | 170M | — | — |
| Total liabilities | — | — | 168M | 158M | 197M | — | — |
| Equity | — | — | 129M | 118M | 252M | 345M | 307M |
| Treasury shares | — | — | 3M | 3M | 13M | — | — |
| 149,000 |
| 444,000 |
| 5M |
| 1M |
| Investing cash flow | 48M | 32M | 20M | 43M |
| Financing cash flow | 10M | −4M | 481,000 | 5M |