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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 | 69M | 60M | 54M | 47M |
| Cost of revenue | 16M | 13M | 10M | 7M |
| Gross profit | 54M | 47M | 43M | 40M |
| Research and development | 15M | 12M | 11M | 10M |
| Selling, general and administrative | 7M | 9M | 12M | 76M |
| Operating income | −2M | −3M | −6M | −71M |
| Pre-tax income | 6M | 4M | 6M | −161M |
| Income tax | 1M | −735,000 | 115,000 | 292,000 |
| Net income | 5M | 5M | 5M | −162M |
| Earnings per share | 0.05 | 0.05 | 0.05 | −2.37 |
| Earnings per share, diluted | 0.05 | 0.05 | 0.05 | −2.37 |
| Metric | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 126M | 127M | 124M | 163M | 80M |
| Receivables | — | 8M | 8M | 7M | 8M | — |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | 13M | 13M | 14M | −3M |
| Share-based compensation | 1M | 3M | 3M | 2M |
| Capital expenditure | 425,000 | 392,000 | 289,000 | 165,000 |
| Investing cash flow |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| Inventory |
| — |
| 17,000 |
| 18,000 |
| 33,000 |
| — |
| — |
| Current assets | — | 173M | 178M | 169M | — | — |
| Property, plant and equipment | — | 695,000 | 554,000 | 380,000 | 289,000 | — |
| Total assets | — | 192M | 181M | 170M | — | — |
| Current liabilities | — | 38M | 32M | 29M | — | — |
| Total liabilities | — | 39M | 34M | 31M | — | — |
| Equity | — | 153M | 147M | 139M | 182M | −190M |
| −14M |
| −9M |
| −637,000 |
| −30M |
| Financing cash flow | −562,000 | −525,000 | −51M | 118M |