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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 3.06B | 2.03B | 2.37B | 2.44B | 1.34B |
| Cost of revenue | 4.14B | 2.91B | 2.78B | 2.34B | 1.33B |
| Gross profit | −1.08B | −876M | −410M | 101M | 11M |
| Research and development | 78M | 38M | 157M | 175M | 234M |
| Selling, general and administrative | 856M | 891M | 944M | 840M | 687M |
| Operating income | −2.01B | −1.81B | −1.47B | −1.29B | −961M |
| Pre-tax income | −2.36B | −2.06B | −1.19B | −449M | −973M |
| Income tax | −4M | −9M | −9M | 30M | −3M |
| Net income | −2.36B | −2.05B | −1.18B | −479M | −970M |
| Earnings per share | −0.85 | −0.97 | −0.56 | −0.24 | −0.51 |
| Earnings per share, diluted | −0.85 | −0.97 | −0.56 | −0.24 | −0.51 |
| Metric | 19 Aug 2026 | 18 Aug 2026 | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 1.16B | 739M | 768M | 974M | 757M | 316M |
| Receivables | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|---|
| Operating cash flow | −915M | −991M | −1.89B | −1.08B | −324M |
| Depreciation and amortisation | 53M | 56M | 115M | 141M | 212M |
| Capital expenditure | 159M | 148M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| 342M |
| 152M |
| 127M |
| 241M |
| — |
| — |
| Inventory | — | — | 853M | 1.08B | 928M | 630M | — | — |
| Current assets | — | — | 2.69B | 2.30B | 2.27B | 2.15B | — | — |
| Property, plant and equipment | — | — | 293M | 538M | 476M | 352M | — | — |
| Total assets | — | — | 3.93B | 4.05B | 4.29B | 4.01B | — | — |
| Current liabilities | — | — | 6.21B | 4.74B | 3.62B | 3.19B | — | — |
| Short-term debt | — | — | 3.86B | 2.51B | 2.03B | 1.33B | — | — |
| Long-term debt | — | — | 2.50B | 2.28B | — | — | — | — |
| Total liabilities | — | — | 9.05B | 7.38B | 5.54B | 4.10B | — | — |
| Equity | — | — | −5.12B | −3.33B | −1.25B | −90M | −184M | −603M |
| 137M |
| 32M |
| 25M |
| Investing cash flow | −521M | −413M | −418M | −709M | −127M |
| Financing cash flow | 1.69B | 1.42B | 2.10B | 2.07B | 919M |