36.06
-9.03%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$4.14bn
FY2016FY2025
Net income
−$33.8m
FY2016FY2025
Free cash flow
$56.6m
FY2016FY2025
Shareholders' equity
−$732.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.14bn | $4.19bn | $4.18bn | $4.69bn | $3.15bn | $2.27bn | $3.45bn | $3.50bn | $3.76bn | $3.60bn |
| Gross profit | $245.7m | $230.8m | $451.7m | $351.7m | $142.9m | $99.1m | $451.7m | $436.7m | $498.2m | $408.3m |
| Operating income | $54.2m | $8.1m | $253.3m | $131.9m | −$85.6m | −$71.9m | $76.3m | $122.9m | $158.0m | −$39.7m |
| Net income | −$33.8m | −$222.0m | $48.1m | −$169.8m | −$254.9m | −$149.0m | −$43.6m | −$55.1m | −$103.8m | −$328.6m |
| Diluted earnings per share | -0.39 | -2.58 | 0.60 | -2.14 | -3.22 | -1.90 | -0.56 | -0.70 | -1.34 | -4.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $2.69bn | $2.76bn | $2.75bn | $2.74bn | $2.13bn | $1.81bn | $1.86bn | $2.09bn | $2.69bn | $2.73bn |
| Cash and short-term investments | $125.1m | $38.1m | $7.9m | $35.2m | $38.1m | $109.4m | $19.1m | $155.7m | $164.3m | $4.2m |
| Total liabilities | $3.18bn | $3.22bn | $3.00bn | $3.03bn | $2.51bn | $1.94bn | $1.84bn | $2.02bn | $2.57bn | $2.51bn |
| Debt | $2.30bn | $2.35bn | $2.16bn | $2.04bn | $1.50bn | $1.32bn | $1.21bn | $1.60bn | $1.99bn | $2.00bn |
| Shareholders' equity | −$732.7m | −$712.8m | −$491.6m | −$533.6m | −$388.9m | −$137.6m | $9.6m | −$8.7m | $119.9m | $218.7m |
| Shares outstanding | 87m | 86m | 80m | 80m | 79m | 78m | 78m | 78m | 78m | 77m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $108.9m | −$46.4m | −$14.9m | $100.6m | −$44.0m | $62.8m | $191.9m | $75.2m | −$26.5m | $4.1m |
| Capital spending | −$52.3m | −$76.7m | −$271.8m | −$536.2m | −$82.9m | −$44.0m | −$54.9m | −$49.8m | −$70.0m | −$139.4m |
| Free cash flow | $56.6m | −$123.1m | −$286.7m | −$435.6m | −$126.9m | $18.8m | $137.0m | $25.4m | −$96.5m | −$135.3m |
| Dividends paid | — | — | — | — | — | — | — | — | — | −$52.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.45bn | $1.03bn | $1.04bn | $1.08bn | $1.03bn | $993.9m | $949.5m | $1.10bn |
| Gross profit | $18.3m | −$87.5m | −$3.0m | $373.7m | −$43.6m | −$81.4m | $83.6m | $4.9m |
| Operating income | −$40.0m | −$286.7m | −$38.3m | $322.9m | −$94.8m | −$48.7m | $22.7m | −$42.2m |
| Net income | −$95.9m | −$317.0m | −$37.3m | $313.4m | −$147.9m | −$162.0m | −$40.7m | −$100.6m |
| Diluted earnings per share | -1.09 | -3.62 | -0.43 | 3.61 | -1.70 | -1.86 | -0.47 | -1.17 |
| Cash from operations | $92.0m | −$86.0m | $116.0m | $100.0m | $2.0m | −$110.0m | −$3.0m | −$15.0m |
| Capital spending | −$38.0m | −$13.0m | −$12.0m | −$8.0m | −$13.0m | −$17.0m | −$25.0m | −$16.0m |
| Free cash flow | $54.0m | −$99.0m | $104.0m | $92.0m | −$11.0m | −$127.0m | −$28.0m | −$31.0m |
| Total assets | $2.80bn | $2.75bn | $2.69bn | $2.73bn | $2.78bn | $2.82bn | $2.76bn | $2.64bn |
| Cash and short-term investments | $109.8m | $138.6m | $125.1m | $94.6m | $110.6m | $123.4m | $38.1m | $34.6m |
| Debt | $2.26bn | $2.33bn | $2.30bn | $2.30bn | $2.40bn | $2.39bn | $2.19bn | $2.14bn |
| Shareholders' equity | −$1.14bn | −$1.04bn | −$732.7m | −$695.3m | −$1.01bn | −$862.3m | −$712.8m | −$672.2m |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 5.9% | 5.5% | 10.8% | 7.5% | 4.5% | 4.4% |
| Operating margin | 2.2% | 0.4% | 6.5% | 0.1% | -3.5% | -1.0% |
| Net margin | -0.8% | -5.3% | 1.2% | -3.6% | -8.1% | -6.6% |
| Return on equity | 4.6% | 31.1% | -9.8% | 31.8% | 65.5% | 108.3% |
| Return on assets | -1.3% | -8.0% | 1.7% | -6.2% | -12.0% | -8.2% |
| Free cash flow yield | 3.6% | 0.7% | 6.1% | 15.4% | 0.9% | 2.6% |
| Revenue growth | -1.2% | 0.2% | -10.8% | 48.9% | 38.8% | -34.3% |
| Earnings growth | -84.8% | -561.5% | -128.3% | -33.4% | 71.1% | 241.7% |
| Current ratio | 1.02x | 0.89x | 0.71x | 0.61x | 0.70x | 0.98x |
| Debt to equity | -3.14x | -3.07x | -4.38x | -3.47x | -4.28x | -10.61x |
| Equity ratio | -27.2% | -25.8% | -17.9% | -19.5% | -18.3% | -7.6% |
| Interest coverage | 0.41x | 0.07x | 1.22x | 0.03x | -0.73x | -0.17x |
| Buybacks as a share of market value | -1.0% | -7.4% | -0.8% | -0.6% | -0.8% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.1% | 12.8% | -0.2% |
| Operating income | -25.7% | — | -3.2% |
| Net income | -41.6% | -25.7% | -13.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 5.7% | 7.4% | 6.7% | 9.5% |
| Operating margin | 0.7% | 2.6% | 1.3% | 1.7% |
| Net margin | -3.1% | -2.2% | -3.5% | -3.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -51.1 | -8.5 | 29.8 | -7.9 | -4.1 | -1.6 | -6.6 | -3.1 | -5.8 | -0.9 |
| Price to sales | 0.4 | 0.5 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 |
Market value over time
30 Nov 2016 to 26 Oct 2026, in USD
$308.0m$4.57bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -6% | 27% | 18% | 8% | 267% | -6% | 67% | -72% | 104% | -62% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Jan 2016.
| FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.685 | 2.74 | 2.74 | 2.70 | 2.30 | 1.94 | 1.825 | 1.80 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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