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Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Revenue | 141m | 160m | 232m | 337m |
| Cost of revenue | 12m | 91m | 114m | 160m |
| Research and development | 4m | 27m | 37m | 83m |
| Selling, general and administrative | 57m | 55m | 63m | 79m |
| Operating income | −101m | −79m | −187m | −670m |
| Interest expense | 1,000 | 191,000 | 598,000 | 0 |
| Pre-tax income | −57m | −66m | −189m | −656m |
| Income tax | 839,000 | −2m | −2m | −15m |
| Net income | −9m | −59m | −178m | −640m |
| Earnings per share | −0.02 | −0.02 | −0.07 | −0.25 |
| Earnings per share, diluted | 0.00 | −0.02 | −0.07 | −0.25 |
| Weighted average shares | 2.63bn | 2.60bn | 2.55bn | 2.52bn |
| Weighted average shares, diluted | 2.63bn | 2.60bn | 2.55bn | 2.52bn |
| Metric | Aug 18, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 |
|---|---|---|---|---|---|---|
| Cash and equivalents | — | 11m | 359m | 417m | 439m | 543m |
| Short-term investments | — | 41m | 61m | 146m | — |
| Metric | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | −9m | −40m | −10m | −114m |
| Depreciation and amortisation | 12m | 10m | 65m | 334m |
| Share-based compensation | 839,000 | 5m | 14m | 12m |
| Capital expenditure |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| Inventory | — | 2,000 | 98,000 | 144,000 | — | — |
| Current assets | — | 486m | 508m | 666m | — | — |
| Property, plant and equipment | — | 39m | 300m | 195m | — | — |
| Total assets | — | 858m | 938m | 1.01bn | — | — |
| Current liabilities | — | 321m | 322m | 336m | — | — |
| Total liabilities | — | 44m | 324m | 340m | — | — |
| Equity | — | 509m | 588m | 671m | 832m | 1.45bn |
| Treasury shares | — | 288m | 272m | 272m | — | — |
| 1m |
| 94m |
| 19m |
| 55m |
| Investing cash flow | −29m | −20m | 608,000 | 14m |
| Share buybacks | 113,000 | 0 | 1m | 10m |
| Financing cash flow | −822,000 | 0 | −12m | 450,000 |