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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | 489m | 378m | 256m | 192m |
| Cost of revenue | 134m | 81m | 53m | 40m |
| Research and development | 12m | 12m | 6m | 6m |
| Selling, general and administrative | 58m | 39m | 31m | 27m |
| Operating income | 332m | 176m | 158m | 91m |
| Pre-tax income | 205m | 85m | 126m | 51m |
| Income tax | 44m | 18m | 28m | 13m |
| Net income | 161m | 67m | 98m | 38m |
| Earnings per share | 1.07 | 0.37 | 0.61 | 0.25 |
| Earnings per share, diluted | 1.00 | 0.36 | 0.57 | 0.25 |
| Weighted average shares | 124m | 118m | 116m | 97m |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 528m | 387m | 404m | 194m | 266m |
| Receivables | — | 95m | 51m | 43m | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 283m | 255m | 192m | 90m |
| Depreciation and amortisation | 150m | 109m | 66m | 42m |
| Share-based compensation | 10m | 8m | 5m | 9m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Current assets | — | 1.10bn | 708m | 665m | — | — |
| Property, plant and equipment | — | 6.28bn | 3.70bn | 2.95bn | — | — |
| Total assets | — | 8.63bn | 5.55bn | 4.63bn | — | — |
| Current liabilities | — | 1.63bn | 592m | 583m | — | — |
| Short-term debt | — | 884m | 212m | 325m | — | — |
| Total liabilities | — | 6.63bn | 4.11bn | 3.20bn | — | — |
| Equity | — | 1.99bn | 1.44bn | 1.44bn | 1.05bn | 757m |
| 1.81bn |
| 899m |
| 731m |
| 656m |
| Investing cash flow | −2.18bn | −929m | −786m | −820m |
| Financing cash flow | 2.01bn | 671m | 801m | 685m |