F
5.40
+2.47%
Close of 9 Nov 2026, in USD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$2.26bn
FY2019FY2025
Net income
−$48.3m
FY2019FY2025
Free cash flow
−$175.3m
FY2019FY2025
Shareholders' equity
$429.6m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.26bn | $2.70bn | $2.22bn | $1.20bn | $680.8m | $561.3m | $92.2m |
| Gross profit | $295.8m | $341.1m | $141.0m | −$62.4m | −$69.1m | $7.9m | −$7.9m |
| Research and development | $86.2m | $66.2m | $66.3m | $60.1m | $23.4m | $11.5m | $9.9m |
| Operating income | −$46.3m | $26.6m | −$112.6m | −$283.5m | −$158.7m | −$40.8m | −$49.6m |
| Net income | −$48.3m | $22.7m | −$69.6m | −$289.2m | −$162.0m | −$46.7m | −$47.0m |
| Diluted earnings per share | -0.37 | 0.18 | -0.57 | -2.51 | -2.99 | -0.94 | -0.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $2.36bn | $1.90bn | $1.35bn | $1.75bn | $717.7m | $364.0m | $188.8m |
| Cash and short-term investments | $690.8m | $448.7m | $345.9m | $467.7m | $36.8m | $93.8m | $104.1m |
| Total liabilities | $1.81bn | $1.30bn | $795.8m | $1.12bn | $773.9m | $381.3m | $163.3m |
| Debt | $394.3m | $30.4m | $50.6m | — | $100.0m | — | — |
| Shareholders' equity | $429.6m | $472.1m | $402.3m | $629.2m | −$56.2m | −$17.2m | $25.5m |
| Shares outstanding | 132m | 129m | 121m | 115m | 54m | 49m | 117m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −$145.5m | $79.7m | −$111.9m | −$282.4m | −$265.3m | −$14.0m | $27.7m |
| Capital spending | −$29.8m | −$19.0m | −$12.2m | −$7.9m | −$4.3m | −$1.8m | −$2.7m |
| Free cash flow | −$175.3m | $60.7m | −$124.2m | −$290.3m | −$269.6m | −$15.8m | $24.9m |
| Dividends paid | — | — | −$55.4m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $649.8m | $464.9m | $475.2m | $1.04bn | $602.5m | $431.6m | $186.8m | $1.23bn |
| Gross profit | $33.2m | $42.4m | $23.0m | $142.9m | $89.1m | $42.6m | $21.2m | $157.5m |
| Operating income | −$53.5m | −$38.4m | −$69.1m | $48.4m | $4.0m | −$45.1m | −$53.7m | $67.6m |
| Net income | −$32.8m | −$20.9m | −$45.1m | $17.9m | $6.3m | −$31.0m | −$41.5m | $47.8m |
| Diluted earnings per share | -0.24 | -0.15 | -0.34 | 0.14 | 0.05 | -0.24 | -0.32 | 0.37 |
| Cash from operations | −$17.0m | −$122.0m | −$226.0m | $265.0m | −$153.0m | −$46.0m | −$211.0m | $10.0m |
| Capital spending | −$5.0m | −$6.0m | −$9.0m | −$9.0m | −$7.0m | −$7.0m | −$5.0m | −$5.0m |
| Free cash flow | −$22.0m | −$128.0m | −$235.0m | $256.0m | −$160.0m | −$53.0m | −$216.0m | $5.0m |
| Total assets | $2.62bn | $2.35bn | $2.27bn | $2.36bn | $2.08bn | $2.27bn | $2.21bn | $1.90bn |
| Cash and short-term investments | $339.3m | $412.9m | $452.6m | $690.8m | $436.3m | $568.6m | $607.4m | $448.7m |
| Debt | $392.2m | $398.8m | $391.3m | $401.1m | $402.8m | $389.9m | $392.1m | $30.4m |
| Shareholders' equity | $373.2m | $368.1m | $388.0m | $429.6m | $407.4m | $388.2m | $409.4m | $472.1m |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 13.1% | 12.6% | 6.4% | -5.2% | -10.2% | 1.4% | — |
| Operating margin | -2.0% | 1.0% | -5.1% | -23.8% | -23.3% | -7.2% | — |
| Net margin | -2.1% | 0.8% | -3.1% | -8.7% | -23.8% | -8.3% | — |
| Return on equity | -11.2% | 4.8% | -17.3% | -16.6% | 288.3% | 271.2% | — |
| Return on assets | -2.0% | 1.2% | -5.1% | -6.0% | -22.6% | -12.8% | — |
| Free cash flow yield | -14.7% | 12.7% | -13.7% | -39.6% | -80.3% | -4.1% | — |
| Revenue growth | -16.1% | 21.7% | 85.0% | 76.1% | 21.3% | 509.1% | — |
| Earnings growth | -312.7% | -132.6% | -33.4% | -35.5% | 246.8% | -0.6% | — |
| Current ratio | 1.51x | 1.33x | 1.60x | 1.44x | 0.86x | 0.87x | — |
| Debt to equity | 0.93x | 0.06x | 0.13x | 0.00x | -1.78x | -9.64x | — |
| Equity ratio | 18.2% | 24.8% | 29.8% | 36.0% | -7.8% | -4.7% | — |
| Interest coverage | -11.27x | — | -20.90x | -141.63x | -110.62x | -313.76x | -6821.71x |
| R&D as a share of sales | 3.8% | 2.5% | 3.0% | 5.0% | 3.4% | 2.1% | — |
| Buybacks as a share of market value | -1.6% | -6.9% | -5.0% | -113.1% | -9.4% | 57.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 23.6% | 32.1% | — |
| Operating income | -45.3% | 2.6% | — |
| Net income | -44.9% | 0.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.8% | 8.5% | 6.8% | — |
| Operating margin | -0.4% | -5.0% | -6.4% | — |
| Net margin | -0.5% | -4.6% | -6.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -53.9 | 48.5 | -22.2 | -3.7 | -6.4 |
| Price to sales | 1.1 | 0.4 | 0.7 | 0.9 | 1.5 |
Market value over time
29 Oct 2021 to 21 Oct 2026, in USD
$1.92bn$828.8m
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 124% | -41% | 40% | -35% | -15% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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