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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 31/03/2026 | 31/03/2025 |
|---|---|---|
| Revenue | 193M | 95M |
| Cost of revenue | 3M | 2M |
| Selling, general and administrative | 181M | 13M |
| Operating expenses | 356M | 82M |
| Operating income | −163M | 13M |
| Pre-tax income | −163M | 13M |
| Income tax | 4M | 864,000 |
| Net income | −166M | 12M |
| Earnings per share | −3.57 | 0.75 |
| Earnings per share, diluted | −3.57 | 0.21 |
| Weighted average shares | 48M | 16M |
| Weighted average shares, diluted | 48M | 59M |
| 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 | 31/03/2026 | 31/03/2025 |
|---|---|---|
| Operating cash flow | 31M | 11M |
| Depreciation and amortisation | 1M | 1M |
| Share-based compensation | 193M | 10M |
| Capital expenditure | 353,000 | 278,000 |
| Investing cash flow | −52M | 2M |
| Financing cash flow | 38M |
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 | — |
| 3M |