Closing prices at the end of each trading day, from 4 Jan 2018. 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 | 64.5 | 80.3 | 131.3 | 117.1 | 138.8 | 183.0 | 224.3 | 270.3 |
| Growth | +24.5% | +63.6% | −10.8% | +18.6% | +31.8% | +22.5% | +20.5% | |
| Operating income | 10.1 | 8.9 | 26.8 | 11.6 | 8.3 | 14.3 | 17.9 | 22.9 |
| Net income | 9.5 | 8.5 | 31.5 | 9.1 | 6.2 | 10.2 | 11.3 | 14.9 |
| Growth | −10.3% | +269.9% | −71.1% | −31.8% | +64.6% | +10.0% | +32.6% | |
| EPS, diluted | 0.24 | 0.21 | 0.78 | 0.22 | 0.16 | 0.25 | 0.28 | 0.37 |
| Growth | −12.5% | +271.4% | −71.8% | −27.3% | +56.3% | +12.0% | +32.1% |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 74.1% | 69.8% | 61.0% | 62.7% | 61.0% | 61.6% | 59.4% | 57.5% |
| Operating margin | 15.6% | 11.0% | 20.4% | 9.9% | 5.9% | 7.8% | 8.0% | 8.5% |
| Net margin | 14.7% | 10.6% | 24.0% | 7.8% | 4.5% | 5.6% | 5.0% | 5.5% |
| Free cash flow margin | 25.2% | 7.1% | 16.8% | 2.4% | 3.5% | 10.4% | 0.6% | 4.4% |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 22.4 | 19.1 | 35.1 | 22.5 | 27.7 | 45.2 | 39.1 | 51.9 |
| Capital expenditure | −6.1 | −13.4 | −13.0 | −19.7 | −22.9 | −26.1 | −37.8 | −40.0 |
| Free cash flow | 16.3 | 5.7 | 22.1 | 2.8 | 4.9 | 19.1 | 1.3 | 11.9 |
| Growth | −64.9% | +287.0% | −87.5% | +76.3% | +294.2% | −93.1% | +805.2% | |
| Buybacks | −1.6 | −1.5 | 0.0 | 0.0 | −9.6 | 0.0 | 0.0 | −13.2 |
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|
| Cash | 10.4 | 13.4 | 31.0 | 28.4 | 16.9 | 12.8 | 17.5 | 13.5 |
| Total debt | 0.0 | 9.4 | 7.6 | 5.8 | 0.0 | 7.1 | 4.0 | 12.4 |
| Net cash (debt) | 10.4 | 4.0 | 23.3 | 22.6 | 16.9 | 5.8 | 13.5 | 1.1 |
| Shareholders’ equity | 32.6 | 43.7 | 81.7 | 94.8 | 97.1 | 113.9 | 131.4 | 141.5 |
| Debt to equity | 0.00 | 0.21 | 0.09 | 0.06 | 0.00 | 0.06 | 0.03 | 0.09 |
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 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| 10.4 | 13.4 | 31.0 | 28.4 | 16.9 | 12.8 | 17.5 | 13.5 | |
| 8.8 | 11.5 | 12.4 | 12.8 | 15.4 | 18.5 | 24.9 | 25.6 | |
| 2.9 | 1.4 | 2.3 | 2.5 | 3.6 | 4.6 | 4.3 | 5.0 | |
| 30.6 | 54.8 | 55.1 | 62.8 | 67.7 | 73.6 | 76.3 | 78.8 | |
| n/a | n/a | n/a | n/a | 0.0 | 29.8 | 33.0 | 58.9 | |
| 53.7 | 82.6 | 112.6 | 118.0 | 117.0 | 154.9 | 177.1 | 199.2 | |
| Growth | +53.9% | +36.3% | +4.8% | −0.8% | +32.3% | +14.3% | +12.5% | |
| Liabilities | ||||||||
| 0.0 | 1.8 | 1.8 | 1.5 | 0.0 | 1.1 | 0.4 | 1.1 | |
| 0.0 | 7.6 | 5.8 | 4.3 | 0.0 | 6.0 | 3.6 | 11.3 | |
| calc | 0.0 | 9.4 | 7.6 | 5.8 | 0.0 | 7.1 | 4.0 | 12.4 |
| 21.1 | 38.9 | 30.9 | 23.1 | 19.9 | 41.0 | 43.8 | 55.6 | |
| Equity | ||||||||
| 27.1 | 34.1 | 65.6 | 73.3 | 69.8 | 79.5 | 89.7 | 102.9 | |
| 32.6 | 43.7 | 81.7 | 94.8 | 97.1 | 113.9 | 131.4 | 141.5 | |
| Growth | +34.2% | +86.9% | +16.1% | +2.4% | +17.3% | +15.4% | +7.7% | |
| Per share and net cash | ||||||||
| calc | 10.4 | 4.0 | 23.3 | 22.6 | 16.9 | 5.8 | 13.5 | 1.1 |
| 37.5 | 38.0 | 39.2 | 39.6 | 38.0 | 38.5 | 39.1 | 38.0 | |
| calc | 0.87 | 1.15 | 2.08 | 2.39 | 2.55 | 2.96 | 3.36 | 3.72 |
Lines marked calc are worked out here from filed figures; point at one for how.