BAND: financial statements from SEC

Income statement

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Revenue	209M	—	192M	180M	174M	—	194M	174M
Cost of revenue	131M	—	118M	108M	103M	—	121M	109M
Gross profit	78M	—	74M	72M	72M	—	73M	65M
Research and development	38M	—	33M	32M	31M	—	30M	28M
Selling, general and administrative	19M	—	18M	19M	19M	—	18M	17M
Operating expenses	83M	—	76M	75M	76M	—	74M	71M
Operating income	−5M	—	−2M	−4M	−5M	—	−898,000	−6M
Income tax	−2M	—	−2M	136,000	−70,000	—	−734,000	−331,000
Net income	4M	−3M	−1M	−5M	−4M	−2M	413,000	4M
Earnings per share	0.13	—	−0.04	−0.16	−0.13	—	0.02	0.15
Earnings per share, diluted	−0.08	—	−0.04	−0.16	−0.13	—	0.01	−0.17
Weighted average shares	32M	—	30M	30M	29M	—	27M	27M
Weighted average shares, diluted	33M	—	30M	30M	29M	—	29M	30M

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	47M	103M	73M	60M	36M	82M	75M	62M
Short-term investments	3M	8M	7M	8M	6M	2M	5M	14M
Receivables	101M	91M	93M	89M	87M	86M	100M	86M
Current assets	172M	219M	193M	176M	151M	188M	199M	181M
Goodwill	349M	357M	357M	356M	329M	317M	340M	326M
Total assets	984M	1.05B	1.03B	1.02B	964M	989M	1.03B	1.00B
Current liabilities	183M	154M	139M	135M	116M	140M	154M	156M
Long-term debt	149M	248M	247M	247M	247M	281M	281M	281M
Total liabilities	579M	653M	641M	638M	619M	677M	693M	695M
Equity	406M	400M	393M	385M	345M	313M	337M	307M
Treasury shares	313,936	0	—	—	—	—	—	—