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At a glance
Figures in USD, from our data supplier.
Revenue
$774.4m
FY2016FY2025
Net income
$50.1m
FY2016FY2025
Free cash flow
−$5.5m
FY2016FY2025
Shareholders' equity
$317.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $774.4m | $557.9m | $544.8m | $422.6m | $324.1m | $316.0m | $341.9m | $337.3m | $345.1m | $417.0m |
| Gross profit | $253.1m | $196.1m | $171.0m | $128.2m | $100.9m | $105.1m | $114.1m | $111.5m | $113.2m | $134.9m |
| Operating income | $72.6m | $35.4m | $34.6m | $27.6m | $9.9m | $13.3m | $18.0m | $9.6m | $8.0m | −$25.6m |
| Net income | $50.1m | $13.0m | $12.9m | $17.4m | $1.4m | $8.2m | $17.7m | −$7.1m | −$3.0m | −$38.2m |
| Diluted earnings per share | 1.36 | 0.36 | 0.36 | 0.50 | 0.04 | 0.23 | 0.50 | -0.20 | -0.09 | -1.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $893.8m | $759.7m | $600.3m | $504.7m | $416.2m | $429.1m | $414.5m | $392.6m | $438.5m | $498.6m |
| Cash and short-term investments | $33.1m | $37.8m | $54.8m | $45.5m | $29.9m | $37.8m | $37.0m | $43.7m | $29.9m | $45.8m |
| Total liabilities | $570.6m | $507.8m | $362.8m | $286.6m | $210.2m | $225.5m | $221.5m | $214.0m | $252.0m | $308.6m |
| Debt | $212.4m | $225.4m | $145.3m | $117.4m | $70.6m | $80.0m | $73.4m | $76.2m | $120.1m | $128.5m |
| Shareholders' equity | $317.5m | $247.7m | $232.6m | $213.2m | $204.6m | $202.7m | $193.0m | $178.6m | $186.6m | $190.1m |
| Shares outstanding | 37m | 36m | 36m | 35m | 36m | 36m | 35m | 35m | 35m | 34m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $5.9m | $24.8m | $44.6m | $29.6m | $13.3m | $4.4m | $10.2m | $22.0m | $6.6m | $69.6m |
| Capital spending | −$11.3m | −$17.4m | −$8.4m | −$3.4m | −$2.6m | −$3.9m | −$5.7m | −$3.1m | −$1.0m | −$1.1m |
| Free cash flow | −$5.5m | $7.5m | $36.3m | $26.3m | $10.7m | $476,000 | $4.6m | $18.9m | $5.5m | $68.5m |
| Dividends paid | — | — | — | −$671,000 | −$230,000 | — | — | — | −$7.8m | −$9.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $285.0m | $214.7m | $214.7m | $197.6m | $185.4m | $176.7m | $158.6m | $135.5m |
| Gross profit | $86.5m | $75.4m | $71.4m | $64.6m | $67.1m | $62.2m | $56.7m | $45.3m |
| Operating income | −$33.2m | $16.5m | $17.7m | $9.4m | $18.1m | $61.9m | $9.2m | $7.2m |
| Net income | −$34.8m | $3.1m | $3.1m | $1.5m | $9.5m | $36.0m | $4.9m | $2.1m |
| Diluted earnings per share | -0.80 | 0.07 | 0.08 | 0.04 | 0.26 | 0.98 | 0.14 | 0.06 |
| Cash from operations | −$19.0m | $5.0m | $9.0m | $15.0m | −$7.0m | −$11.0m | $1.0m | $15.0m |
| Capital spending | — | −$11.0m | −$2.0m | −$4.0m | −$1.0m | −$3.0m | −$11.0m | −$4.0m |
| Free cash flow | — | −$6.0m | $7.0m | $11.0m | −$8.0m | −$14.0m | −$10.0m | $11.0m |
| Total assets | $3.73bn | $1.03bn | $893.8m | $891.9m | $876.6m | $957.1m | $759.7m | $621.5m |
| Cash and short-term investments | $61.1m | $45.4m | $33.1m | $32.8m | $36.8m | $146.5m | $37.8m | $38.7m |
| Debt | $16.6m | $253.2m | $212.4m | $220.9m | $245.0m | $344.4m | $224.8m | $139.5m |
| Shareholders' equity | $2.08bn | $312.2m | $317.5m | $309.2m | $298.4m | $285.8m | $247.7m | $241.3m |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 32.7% | 35.2% | 31.4% | 30.3% | 31.1% | 33.3% |
| Operating margin | 13.4% | 5.5% | 6.4% | 6.6% | 3.7% | 4.9% |
| Net margin | 6.5% | 2.3% | 2.4% | 4.1% | 0.4% | 2.6% |
| Return on equity | 15.8% | 5.2% | 5.5% | 8.2% | 0.7% | 4.1% |
| Return on assets | 5.6% | 1.7% | 2.2% | 3.5% | 0.3% | 1.9% |
| Free cash flow yield | 1.0% | 2.4% | 3.0% | 1.9% | 0.9% | 0.5% |
| Revenue growth | 38.8% | 2.4% | 28.9% | 30.4% | 2.6% | -7.6% |
| Earnings growth | 286.3% | 0.4% | -25.9% | 1121.4% | -82.6% | -53.6% |
| Current ratio | 1.34x | 1.35x | 1.39x | 1.64x | 1.62x | 1.68x |
| Debt to equity | 0.67x | 0.91x | 0.62x | 0.54x | 0.33x | 0.37x |
| Equity ratio | 35.5% | 32.6% | 38.8% | 42.2% | 49.1% | 47.2% |
| Interest coverage | 4.96x | 2.36x | 2.60x | 5.11x | 4.08x | 4.35x |
| Buybacks as a share of market value | -3.0% | 0.0% | -2.2% | 1.7% | 0.3% | -0.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.4% | 19.6% | 7.7% |
| Operating income | 38.1% | 40.3% | 29.7% |
| Net income | 42.2% | 43.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.7% | 32.5% | 32.5% | 32.4% |
| Operating margin | 8.1% | 7.4% | 6.6% | 4.4% |
| Net margin | 4.7% | 4.1% | 3.5% | 1.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 44.0 | 83.3 | 56.1 | 23.4 | 155.3 | 30.2 | 15.3 | -33.5 | -58.5 | -12.5 |
| Price to sales | 2.8 | 1.9 | 1.3 | 1.0 | 0.7 | 0.8 | 0.8 | 0.7 | 0.5 | 1.1 |
Market value over time
31 Aug 2016 to 23 Oct 2026, in USD
$373.7m$2.13bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 101% | 39% | 81% | 97% | -15% | -12% | 12% | 37% | -64% | 96% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 14 Sept 2017.
| FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.225 | 0.264 | 0.264 | 0.23 | 0.20 | 0.16 | 0.05 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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