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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 | 322M | 299M | 230M | 208M |
| Cost of revenue | 167M | 157M | 123M | 119M |
| Gross profit | 155M | 141M | 107M | 89M |
| Research and development | 90M | 95M | 102M | 145M |
| Selling, general and administrative | 31M | 68M | 81M | 68M |
| Operating expenses | 144M | 189M | 212M | 258M |
| Operating income | 11M | −48M | −106M | −168M |
| Pre-tax income | 60M | 7M | −57M | −144M |
| Income tax | 2M | 2M | 3M | 2M |
| Net income | 58M | 5M | −60M | −146M |
| Earnings per share | 0.09 | 0.01 | −0.11 | −0.26 |
| Earnings per share, diluted | 0.09 | 0.01 | −0.11 | −0.26 |
| Weighted average shares | 612M | 574M | 555M | 554M |
| Weighted average shares, diluted | 614M | 591M | 555M | 554M |
| Metric | 19/08/2026 | 18/08/2026 | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 891M | 653M | 499M | 133M | 965M | — |
| Short-term investments |
| Metric | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
|---|---|---|---|---|
| Operating cash flow | 81M | 80M | 36M | −71M |
| Depreciation and amortisation | 1M | 2M | 2M | 3M |
| Share-based compensation | 22M | 68M | 65M | 69M |
| Capital expenditure |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| 62M |
| 195M |
| 291M |
| — |
| — |
| — |
| Receivables | — | — | 13M | 8M | 9M | — | — | — |
| Inventory | — | — | 31M | 24M | 33M | — | — | — |
| Current assets | — | — | 1.02B | 903M | 848M | — | — | — |
| Property, plant and equipment | — | — | 16M | 7M | 3M | — | — | — |
| Total assets | — | — | 1.13B | 1.10B | 1.07B | — | — | — |
| Current liabilities | — | — | 106M | 94M | 88M | — | — | — |
| Total liabilities | — | — | 110M | 96M | 96M | — | — | — |
| Equity | — | — | 1.02B | 1.01B | 971M | 962M | 1.11B | — |
| Shares outstanding | — | — | 0 | 0 | 0 | — | — | 222M |
| Shares issued | — | — | 0 | 0 | 0 | — | — | 222M |
| Treasury shares | — | — | 245,361 | 9M | 17M | — | — | — |
| 7M |
| 4M |
| 1M |
| 710,000 |
| Investing cash flow | 226M | 107M | 332M | −714M |
| Dividends paid | 70M | 33M | — | — |
| Share buybacks | 12,000 | 70,000 | 3M | 49M |
| Financing cash flow | −70M | −33M | −2M | −39M |