Closing prices at the end of each trading day, from 10 Feb 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.
| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Revenue | 70.3 | 102.5 | 192.2 | 255.7 | 377.9 | 488.6 |
| Growth | +45.7% | +87.6% | +33.1% | +47.8% | +29.3% | |
| Operating income | 28.4 | 34.4 | 90.6 | 158.1 | 175.5 | 332.2 |
| Net income | −43.9 | 11.2 | 24.7 | 70.9 | 44.2 | 132.1 |
| Growth | +120.6% | +186.6% | −37.7% | +198.8% | ||
| EPS, diluted | −0.56 | 0.12 | 0.25 | 0.57 | 0.36 | 1.00 |
| Growth | +108.3% | +128.0% | −36.8% | +177.8% |
| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Gross margin | 57.4% | 59.8% | 57.8% | 54.4% | n/a | n/a |
| Operating margin | 40.3% | 33.6% | 47.2% | 61.8% | 46.4% | 68.0% |
| Net margin | −62.4% | 10.9% | 12.9% | 27.7% | 11.7% | 27.0% |
| Free cash flow margin | −431.0% | −430.1% | −294.4% | −210.9% | −170.4% | −313.1% |
| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Operating cash flow | 38.8 | 52.0 | 90.4 | 191.6 | 255.3 | 282.6 |
| Capital expenditure | −341.9 | −492.8 | −656.1 | −731.0 | −899.3 | −1,812.6 |
| Free cash flow | −303.1 | −440.7 | −565.8 | −539.4 | −644.0 | −1,529.9 |
| Growth | ||||||
| Buybacks | 0.0 | 0.0 | −1.8 | 0.0 | 0.0 | n/a |
| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Cash | 99.3 | 265.9 | 193.9 | 403.8 | 387.4 | 528.5 |
| Total debt | n/a | 61.8 | 165.6 | 324.7 | 212.2 | 884.1 |
| Net cash (debt) | n/a | 204.1 | 28.2 | 79.1 | 175.2 | −355.6 |
| Shareholders’ equity | 512.4 | 532.6 | 804.1 | 1,168.8 | 1,180.5 | 1,688.1 |
| Debt to equity | n/a | 0.12 | 0.21 | 0.28 | 0.18 | 0.52 |
In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.
| Fiscal year | FY2020 31 Dec 2020 | FY2021 31 Dec 2021 | FY2022 31 Dec 2022 | FY2023 31 Dec 2023 | FY2024 31 Dec 2024 | FY2025 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Operations | ||||||
| 38.8 | 52.0 | 90.4 | 191.6 | 255.3 | 282.6 | |
| Growth | +34.0% | +73.7% | +112.0% | +33.2% | +10.7% | |
| 15.2 | 19.4 | 42.3 | 65.8 | 108.9 | 149.9 | |
| Investment | ||||||
| −341.9 | −492.8 | −656.1 | −731.0 | −899.3 | −1,812.6 | |
| calc | −303.1 | −440.7 | −565.8 | −539.4 | −644.0 | −1,529.9 |
| Growth | ||||||
| calc | −3.87 | −4.49 | −5.66 | −4.35 | −5.22 | −11.54 |
| −492.5 | −644.6 | −820.0 | −785.6 | −928.7 | −2,180.9 | |
| Financing | ||||||
| 343.5 | 752.3 | 684.7 | 800.8 | 671.1 | 2,006.5 | |
| 0.0 | 0.0 | −1.8 | 0.0 | 0.0 | n/a | |
Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.