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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/12/2025 | 31/12/2024 |
|---|---|---|
| Revenue | 388M | 255M |
| Cost of revenue | 7M | 7M |
| Selling, general and administrative | 40M | 22M |
| Operating expenses | 315M | 206M |
| Operating income | 73M | 49M |
| Pre-tax income | 76M | 54M |
| Income tax | 5M | 5M |
| Net income | 71M | 49M |
| Earnings per share | 4.31 | 3.05 |
| Earnings per share, diluted | 1.22 | 0.85 |
| Weighted average shares | 16M | 16M |
| Weighted average shares, diluted | 58M | 58M |
| Metric | 31/03/2026 | 31/12/2025 | 31/03/2025 | 31/12/2024 | 31/12/2023 |
|---|---|---|---|---|---|
| Cash and equivalents | 108M | 91M | 51M | 35M | 25M |
| Short-term investments | 37M | 35M | — | 68M | — |
| Receivables | 53M | 36M |
| Metric | 31/12/2025 | 31/12/2024 |
|---|---|---|
| Operating cash flow | 36M | −11M |
| Depreciation and amortisation | 5M | 5M |
| Share-based compensation | 11M | 3M |
| Capital expenditure | 1M | 776,000 |
| Investing cash flow | 32M | −896,000 |
| Financing cash flow | −12M |
Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator
| — |
| 30M |
| — |
| Current assets | 259M | 246M | — | 175M | — |
| Property, plant and equipment | 10M | 8M | — | 7M | — |
| Goodwill | 2M | 2M | — | 2M | — |
| Total assets | 619M | 515M | — | 396M | — |
| Current liabilities | 155M | 113M | — | 68M | — |
| Total liabilities | 178M | 135M | — | 99M | — |
| Equity | 441M | −24M | −84M | −107M | −159M |
| Shares outstanding | 0 | 17M | — | 16M | — |
| Shares issued | 0 | 17M | — | 16M | — |
| 22M |