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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 290M | 226M |
| Cost of revenue | 66M | 64M |
| Gross profit | 224M | 162M |
| Research and development | 49M | 33M |
| Selling, general and administrative | 58M | 52M |
| Operating expenses | 200M | 163M |
| Operating income | 24M | −2M |
| Pre-tax income | −16M | −27M |
| Income tax | −10M | 6M |
| Net income | −6M | −33M |
| Earnings per share | −0.13 | −2.38 |
| Earnings per share, diluted | −0.13 | −2.38 |
| Weighted average shares | 51M | 14M |
| Weighted average shares, diluted | 51M | 14M |
| Metric | 31 Mar 2026 | 31 Dec 2025 | 30 Sept 2025 | 30 Jun 2025 | 31 May 2025 | 31 Mar 2025 | 31 Dec 2024 | 30 Sept 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 214M | 210M | 179M | 175M | — | — | 83M | — |
| Receivables | 56M | 62M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | 56M | 43M |
| Depreciation and amortisation | 10M | 8M |
| Share-based compensation | 32M | 31M |
| Investing cash flow | −17M | −10M |
| Share buybacks | 10M | 333,000 |
| Financing cash flow | 88M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 58M |
| 62M |
| — |
| — |
| 67M |
| — |
| Current assets | 283M | 286M | 254M | 256M | — | — | 158M | — |
| Property, plant and equipment | — | 0 | 0 | 0 | — | — | 100,000 | — |
| Goodwill | 52M | 52M | 52M | 52M | — | — | 52M | — |
| Total assets | 375M | 378M | 336M | 337M | — | — | 239M | — |
| Current liabilities | 52M | 69M | 63M | 78M | — | — | 155M | — |
| Total liabilities | 56M | 73M | 69M | 98M | — | — | 177M | — |
| Equity | 319M | 306M | 267M | 239M | — | −114M | −108M | −111M |
| Shares outstanding | — | — | — | — | 16M | — | 14M | — |
| Shares issued | — | — | — | — | — | — | 14M | — |
| −5M |