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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 | 496m | 429m | 315m | 321m |
| Cost of revenue | 246m | 219m | 168m | 161m |
| Gross profit | 250m | 210m | 148m | 160m |
| Research and development | 48m | 38m | 31m | 29m |
| Selling, general and administrative | 74m | 64m | 51m | 49m |
| Operating expenses | 122m | 102m | 82m | 78m |
| Operating income | 128m | 108m | 65m | 81m |
| Pre-tax income | 52m | 131m | 88m | 88m |
| Income tax | 2m | 13m | 9m | 8m |
| Net income | 51m | 119m | 79m | 80m |
| Earnings per share | 1.11 | 2.62 | 1.76 | 1.81 |
| Earnings per share, diluted | 1.04 | 2.42 | 1.63 | 1.68 |
| Weighted average shares | 45,703 | 45,279 | 44,725 | 44,158 |
| Weighted average shares, diluted | 49,970 | 49,369 | 48,863 | 48,229 |
| Metric | Aug 18, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 178m | 126m | 120m | 148m | 242m |
| Short-term investments | — | 79m | 31m | 19m | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | 142m | 122m | 79m | 58m |
| Depreciation and amortisation | 12m | 11m | 6m | 4m |
| Capital expenditure | 14m | 10m | 8m | 8m |
| Investing cash flow |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Receivables | — | 91m | 99m | 87m | — | — |
| Inventory | — | 112m | 111m | 86m | — | — |
| Current assets | — | 897m | 620m | 547m | — | — |
| Property, plant and equipment | — | 65m | 54m | 42m | — | — |
| Goodwill | — | 74m | 74m | 74m | — | — |
| Total assets | — | 1.26bn | 892m | 788m | — | — |
| Current liabilities | — | 107m | 124m | 97m | — | — |
| Total liabilities | — | 643m | 343m | 312m | — | — |
| Equity | — | 617m | 549m | 476m | 384m | 294m |
| Shares outstanding | — | 46m | 45m | 45m | — | — |
| Shares issued | — | 48m | 48m | 47m | — | — |
| Treasury shares | — | 2m | 2m | 2m | — | — |
| −310m |
| −56m |
| −107m |
| −151m |
| Financing cash flow | 219m | −60m | 182,000 | 3,000 |