Closing prices at the end of each trading day, from 11 Nov 2021. 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 | 45.7 | 79.9 | 115.9 | 142.1 | 170.5 | 204.3 | 239.0 |
| Growth | +74.7% | +45.0% | +22.7% | +19.9% | +19.9% | +17.0% | |
| Operating income | −31.9 | −39.6 | −50.4 | −49.7 | −34.4 | −31.4 | −30.6 |
| Net income | −32.1 | −40.4 | −51.7 | −49.7 | −31.0 | −28.3 | −28.1 |
| Growth | |||||||
| EPS, diluted | −3.30 | −3.75 | −2.60 | −0.76 | −0.46 | −0.40 | −0.37 |
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 59.5% | 56.9% | 57.4% | 62.5% | 68.1% | 71.4% | 72.1% |
| Operating margin | −69.8% | −49.5% | −43.5% | −35.0% | −20.2% | −15.4% | −12.8% |
| Net margin | −70.1% | −50.6% | −44.6% | −35.0% | −18.2% | −13.9% | −11.7% |
| Free cash flow margin | −53.6% | −22.9% | −23.9% | −10.3% | 5.0% | 5.9% | 6.3% |
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Operating cash flow | −22.1 | −15.5 | −20.4 | −12.8 | 10.2 | 14.1 | 17.5 |
| Capital expenditure | −2.5 | −2.8 | −7.4 | −1.9 | −1.7 | −2.2 | −2.4 |
| Free cash flow | −24.5 | −18.3 | −27.7 | −14.7 | 8.5 | 12.0 | 15.2 |
| Growth | +40.3% | +26.6% | |||||
| Buybacks | −1.4 | 0.0 | 0.0 | n/a | n/a | n/a | n/a |
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Cash | 80.2 | 55.7 | 136.0 | 62.0 | 50.8 | 51.6 | 55.0 |
| Total debt | n/a | 4.0 | 10.0 | 10.0 | 0.0 | n/a | n/a |
| Net cash (debt) | n/a | 51.7 | 126.0 | 52.0 | 50.8 | n/a | n/a |
| Shareholders’ equity | −86.0 | −113.9 | 112.3 | 83.2 | 79.0 | 67.0 | 82.4 |
| Debt to equity | n/a | n/a | 0.09 | 0.12 | 0.00 | n/a | n/a |
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 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| 59.5% | 56.9% | 57.4% | 62.5% | 68.1% | 71.4% | 72.1% | |
| −69.8% | −49.5% | −43.5% | −35.0% | −20.2% | −15.4% | −12.8% | |
| −70.1% | −50.6% | −44.6% | −35.0% | −18.2% | −13.9% | −11.7% | |
| −53.6% | −22.9% | −23.9% | −10.3% | 5.0% | 5.9% | 6.3% | |
| Spending | |||||||
| 31.5% | 25.0% | 23.3% | 21.6% | 20.0% | 19.7% | 18.6% | |
| 28.5% | 32.3% | 27.3% | 29.9% | 26.8% | 25.7% | 23.3% | |
| 5.4% | 3.5% | 6.4% | 1.3% | 1.0% | 1.1% | 1.0% | |
| Returns | |||||||
| n/a | n/a | −46.0% | −59.8% | −39.3% | −42.3% | −34.1% | |
| n/a | −43.5% | −27.6% | −23.9% | −15.4% | −15.0% | −13.5% | |
| Balance and payout | |||||||
| n/a | n/a | 0.09 | 0.12 | 0.00 | n/a | n/a | |
| n/a | 59.1% | 40.1% | 60.1% | 60.7% | 64.6% | 60.4% | |