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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Revenue | 1.23B | 937M |
| Cost of revenue | 313M | 221M |
| Gross profit | 921M | 716M |
| Research and development | 291M | 238M |
| Selling, general and administrative | 192M | 158M |
| Operating expenses | 989M | 800M |
| Operating income | −68M | −84M |
| Pre-tax income | −31M | −44M |
| Income tax | 1M | 2M |
| Net income | −32M | −46M |
| Earnings per share | −0.11 | −0.17 |
| Earnings per share, diluted | −0.11 | −0.17 |
| Weighted average shares | 291M | 266M |
| Weighted average shares, diluted | 291M | 266M |
| 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 | 985M | 1.06B | 980M | 936M | 888M | 881M | 828M | 795M |
| Receivables | 72M | 61M | 61M | 59M | 54M | 43M | 34M | 29M |
| Current assets | 1.15B | 1.21B | 1.11B | 1.06B | 1.01B | 980M | 916M | 872M |
| Property, plant and equipment | 84M | 80M | 67M | 57M | 52M | 48M | 45M | 44M |
| Total assets | 1.52B | 1.58B | 1.47B | 1.40B | 1.35B | 1.27B | 1.19B | 1.15B |
| Current liabilities | 271M | 282M | 227M | 214M | 193M | 200M | 142M | 132M |
| Total liabilities | 370M | 384M | 323M | 301M | 283M | 239M | 178M | 170M |
| Equity | 1.15B | 1.20B | 1.14B | 1.10B | 1.06B | 1.03B | 1.01B | 980M |
| Treasury shares | 4M | 0 | — | — | — | — | — | — |
| Metric | 31 Dec 2025 | 31 Dec 2024 |
|---|---|---|
| Operating cash flow | 218M | 166M |
| Depreciation and amortisation | 19M | 18M |
| Share-based compensation | 162M | 135M |
| Capital expenditure | 9M | 6M |
| Investing cash flow | −30M | −17M |
| Financing cash flow | −4M | −6M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator