Closing prices at the end of each trading day, from 12 Oct 2016. 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.
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | 19.0 | 18.0 | 30.0 | 41.1 | 36.2 | 35.9 | 31.2 |
| Growth | −5.2% | +67.1% | +36.9% | −11.9% | −0.9% | −12.9% | |
| Operating income | −7.2 | −10.5 | −5.4 | −5.6 | −9.9 | −19.5 | −1.9 |
| Net income | −7.3 | −10.5 | −3.1 | −4.5 | −7.3 | −18.9 | 0.0 |
| Growth | |||||||
| EPS, diluted | n/a | n/a | n/a | −0.29 | −0.45 | −1.10 | 0.00 |
| Growth |
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Operating margin | −37.8% | −58.4% | −17.8% | −13.7% | −27.3% | −54.3% | −6.0% |
| Net margin | −38.5% | −58.5% | −10.5% | −10.9% | −20.3% | −52.5% | 0.1% |
| Free cash flow margin | n/a | −11.8% | −8.8% | −7.6% | −13.7% | −32.1% | 7.6% |
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Operating cash flow | −2.9 | −2.1 | −2.6 | −3.1 | −4.8 | −11.5 | 2.4 |
| Capital expenditure | n/a | −0.0 | −0.1 | −0.1 | −0.1 | −0.1 | −0.1 |
| Free cash flow | n/a | −2.1 | −2.6 | −3.1 | −5.0 | −11.5 | 2.4 |
| Growth |
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Cash | 5.9 | 33.0 | 75.4 | 24.6 | 37.4 | 44.6 | 50.9 |
| Total debt | n/a | 2.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 |
| Net cash (debt) | n/a | 31.0 | 75.4 | 24.5 | 37.3 | 44.5 | 50.9 |
| Shareholders’ equity | 14.1 | 31.9 | 74.8 | 70.3 | 65.3 | 48.8 | 48.9 |
| Debt to equity | n/a | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.
| Fiscal year | FY2019 31 Dec 2019 | FY2020 31 Dec 2020 | FY2021 31 Dec 2021 | FY2022 31 Dec 2022 | FY2023 31 Dec 2023 | FY2024 31 Dec 2024 | FY2025 31 Dec 2025 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| 5.9 | 33.0 | 75.4 | 24.6 | 37.4 | 44.6 | 50.9 | |
| 5.6 | 5.2 | 7.6 | 5.7 | 5.0 | 7.8 | n/a | |
| 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 | |
| 8.3 | 4.0 | 4.0 | 4.0 | 5.3 | 0.0 | 0.0 | |
| 23.9 | 44.8 | 90.8 | 85.7 | 79.4 | 62.2 | 57.5 | |
| Growth | +87.0% | +102.8% | −5.6% | −7.3% | −21.7% | −7.6% | |
| Liabilities | |||||||
| n/a | n/a | n/a | 0.0 | 0.1 | 0.1 | 0.0 | |
| n/a | 2.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | |
| calc | n/a | 2.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 |
| 10.2 | 12.9 | 16.0 | 15.4 | 14.1 | 13.4 | 8.6 | |
| Equity | |||||||
| −60.0 | −70.5 | −73.6 | −78.1 | −85.4 | −104.3 | −104.3 | |
| 14.1 | 31.9 | 74.8 | 70.3 | 65.3 | 48.8 | 48.9 | |
| Growth | +126.1% | +134.4% | −6.1% | −7.0% | −25.3% | +0.3% | |
| Per share and net cash | |||||||
| calc | n/a | 31.0 | 75.4 | 24.5 | 37.3 | 44.5 | 50.9 |
| 34.6 | 50.1 | 62.0 | 15.6 | 16.2 | 16.9 | 17.3 | |
| calc | 0.41 | 0.64 | 1.21 | 4.50 | 4.02 | 2.88 | 2.83 |
Lines marked calc are worked out here from filed figures; point at one for how.