Closing prices at the end of each trading day, from 13 Dec 2019. 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.
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 78.8 | 102.7 | 132.9 | 187.9 | 253.8 | 333.6 | 405.9 | 457.5 |
| Growth | +30.3% | +29.4% | +41.3% | +35.1% | +31.4% | +21.7% | +12.7% | |
| Operating income | −20.8 | −47.3 | −32.0 | −28.1 | −51.7 | −69.3 | −60.4 | −43.5 |
| Net income | −20.9 | −46.8 | −31.7 | −28.7 | −50.2 | −66.4 | −62.0 | −43.3 |
| Growth | ||||||||
| EPS, diluted | n/a | n/a | −0.62 | −0.53 | −0.92 | −1.19 | −1.09 | −0.74 |
| Growth |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 73.4% | 72.6% | 73.7% | 75.1% | 76.4% | 77.1% | 77.5% | 77.6% |
| Operating margin | −26.4% | −46.0% | −24.1% | −15.0% | −20.4% | −20.8% | −14.9% | −9.5% |
| Net margin | −26.6% | −45.6% | −23.8% | −15.3% | −19.8% | −19.9% | −15.3% | −9.5% |
| Free cash flow margin | −24.5% | −14.8% | −11.6% | 7.4% | 3.5% | 1.3% | 5.8% | 8.6% |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −17.2 | −14.4 | −11.4 | 14.8 | 10.7 | 6.5 | 26.3 | 43.4 |
| Capital expenditure | −2.1 | −0.8 | −4.0 | −0.9 | −1.8 | −2.1 | −3.0 | −4.1 |
| Free cash flow | −19.3 | −15.2 | −15.4 | 13.9 | 8.8 | 4.4 | 23.4 | 39.3 |
| Growth | −36.3% | −50.4% | +433.2% | +68.2% |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash | 26.2 | 135.3 | 114.5 | 107.1 | 79.9 | 49.8 | 86.4 | 95.3 |
| Total debt | n/a | n/a | n/a | n/a | 0.0 | 55.0 | 25.0 | 40.0 |
| Net cash (debt) | n/a | n/a | n/a | n/a | 79.9 | −5.2 | 61.4 | 55.3 |
| Shareholders’ equity | 25.7 | 128.1 | 152.1 | 145.2 | 142.3 | 144.2 | 166.6 | 203.4 |
| Debt to equity | n/a | n/a | n/a | n/a | 0.00 | 0.38 | 0.15 | 0.20 |
In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.
| Fiscal year | FY2018 31 Dec 2018 | 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 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| 73.4% | 72.6% | 73.7% | 75.1% | 76.4% | 77.1% | 77.5% | 77.6% | |
| −26.4% | −46.0% | −24.1% | −15.0% | −20.4% | −20.8% | −14.9% | −9.5% | |
| −26.5% | −45.5% | −23.7% | −15.2% | −19.6% | −19.7% | −15.1% | −9.3% | |
| −26.6% | −45.6% | −23.8% | −15.3% | −19.8% | −19.9% | −15.3% | −9.5% | |
| −24.5% | −14.8% | −11.6% | 7.4% | 3.5% | 1.3% | 5.8% | 8.6% | |
| Spending | ||||||||
| 32.3% | 27.3% | 22.9% | 21.3% | 24.2% | 23.8% | 25.3% | 22.1% | |
| 21.8% | 37.2% | 30.4% | 23.9% | 23.8% | 23.7% | 21.6% | 23.3% | |
| 2.7% | 0.7% | 3.0% | 0.5% | 0.7% | 0.6% | 0.7% | 0.9% | |
| Returns | ||||||||
| −81.4% | −36.5% | −20.8% | −19.8% | −35.3% | −46.1% | −37.2% | −21.3% | |
| n/a | −24.7% | −13.2% | −10.8% | −17.1% | −16.7% | −14.5% | −8.3% | |
| Balance and payout | ||||||||
| n/a | n/a | n/a | n/a | 0.00 | 0.38 | 0.15 | 0.20 | |
| n/a | 32.4% | 36.5% | 45.1% | 51.6% | 63.6% | 61.1% | 61.1% | |