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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 710M | 629M |
| Cost of revenue | 952M | 1.25B |
| Gross profit | −242M | −625M |
| Research and development | 58M | 77M |
| Selling, general and administrative | 380M | 376M |
| Operating expenses | 1.23B | 1.39B |
| Operating income | −1.47B | −2.02B |
| Interest expense | 65M | 47M |
| Pre-tax income | −1.69B | −2.11B |
| Income tax | 356,000 | −3M |
| Net income | −1.63B | −2.10B |
| Earnings per share | −1.42 | −2.68 |
| Earnings per share, diluted | −1.42 | −2.68 |
| Weighted average shares | 1.15B | 785M |
| Weighted average shares, diluted | 1.15B | 785M |
| Metric | 31 Mar 2026 | 31 Dec 2025 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 31 Dec 2024 | 30 Sept 2024 | 30 Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 223M | 369M | 166M | 141M | 296M | 206M | 1.00B | 1.02B |
| Receivables | 107M | 135M | 124M |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | −536M | −729M |
| Depreciation and amortisation | 38M | 61M |
| Share-based compensation | 51M | 82M |
| Capital expenditure | 111M | 287M |
| Investing cash flow | −139M | −402M |
| Financing cash flow | 630M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 139M |
| 145M |
| 157M |
| 167M |
| 190M |
| Inventory | 516M | 521M | 555M | 644M | 693M | 683M | 886M | 940M |
| Current assets | 1.27B | 1.41B | 1.19B | 1.33B | 1.53B | 1.48B | 1.63B | 1.67B |
| Property, plant and equipment | 240M | 281M | 877M | 910M | 880M | 866M | 1.53B | 1.51B |
| Total assets | 2.37B | 2.59B | 3.10B | 3.35B | 3.63B | 3.60B | 4.72B | 4.78B |
| Current liabilities | 541M | 611M | 903M | 836M | 788M | 748M | 787M | 810M |
| Short-term debt | — | — | — | — | — | — | — | 3M |
| Total liabilities | 1.59B | 1.59B | 1.61B | 1.59B | 1.70B | 1.80B | 1.70B | 1.79B |
| Equity | 750M | 978M | 1.42B | 1.76B | 1.93B | 1.73B | 3.03B | 2.99B |
| Shares outstanding | — | 1.39B | 1.22B | 1.17B | 998M | 934M | 900M | 807M |
| Shares issued | 1.40B | 1.39B | 1.22B | 1.17B | 998M | 934M | 900M | 807M |
| Treasury shares | 987,495 | 970,588 | 19M | 18M | 20M | 20M | 20M | 19M |
| 983M |