L
4.85
-7.44%
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
$756.0m
FY2019FY2025
Net income
$15.4m
FY2019FY2025
Free cash flow
$147.9m
FY2019FY2025
Shareholders' equity
$171.9m
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $756.0m | $681.9m | $660.7m | $620.0m | $575.1m | $470.6m | $408.4m |
| Gross profit | $498.1m | $441.8m | $421.5m | $408.9m | $385.7m | $316.1m | $271.5m |
| Research and development | $81.9m | $89.6m | $83.2m | $70.4m | $84.0m | $41.9m | $37.2m |
| Operating income | $14.4m | $35.6m | $21.1m | −$41.7m | −$85.1m | $48.9m | $63.2m |
| Net income | $15.4m | $30.0m | $14.0m | −$48.7m | −$108.7m | $9.9m | $7.4m |
| Diluted earnings per share | 0.08 | 0.16 | 0.07 | -0.25 | -0.55 | 0.05 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | $530.9m | $373.9m | $447.8m | $405.4m | $431.0m | $252.1m | $200.0m |
| Cash and short-term investments | $203.1m | $142.1m | $225.7m | $189.1m | $239.3m | $114.5m | $49.2m |
| Total liabilities | $359.0m | $280.6m | $279.0m | $263.0m | $233.5m | $802.7m | $757.0m |
| Debt | $4.3m | $3,000 | $28,000 | — | — | $515.4m | $518.4m |
| Shareholders' equity | $171.9m | $93.3m | $168.8m | $142.4m | $197.6m | −$550.6m | −$557.0m |
| Shares outstanding | 182m | 183m | 193m | 193m | 198m | 195m | 129m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | $178.2m | $135.6m | $124.3m | $73.8m | $54.2m | $93.0m | $52.7m |
| Capital spending | −$30.3m | −$35.7m | −$31.6m | −$22.1m | −$11.7m | −$10.6m | −$18.3m |
| Free cash flow | $147.9m | $99.9m | $92.7m | $51.7m | $42.4m | $82.5m | $34.3m |
| Dividends paid | — | — | — | −$3,000 | −$112,000 | −$284,000 | −$877,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $205.3m | $206.8m | $190.3m | $190.2m | $192.5m | $183.1m | $161.7m | $168.6m |
| Gross profit | $139.9m | $132.3m | $128.5m | $127.9m | $125.1m | $116.5m | $108.3m | $113.9m |
| Operating income | $10.6m | $3.4m | $13.9m | $6.5m | −$3.1m | $9.0m | $13.1m | $16.3m |
| Net income | $5.2m | $1.1m | $6.1m | $4.5m | −$266,000 | $5.1m | $12.9m | $11.1m |
| Diluted earnings per share | 0.03 | 0.01 | 0.03 | 0.02 | -0.00 | 0.03 | 0.07 | 0.06 |
| Cash from operations | $39.0m | $47.0m | $34.0m | $54.0m | $39.0m | $50.0m | $42.0m | $31.0m |
| Capital spending | −$5.0m | −$6.0m | −$6.0m | −$7.0m | −$7.0m | −$9.0m | −$6.0m | −$9.0m |
| Free cash flow | $34.0m | $41.0m | $28.0m | $47.0m | $32.0m | $41.0m | $36.0m | $22.0m |
| Total assets | $466.4m | $491.9m | $530.9m | $551.1m | $543.0m | $532.7m | $373.9m | $348.8m |
| Cash and short-term investments | $167.2m | $183.2m | $203.1m | $237.2m | $217.0m | $210.0m | $142.1m | $112.5m |
| Debt | $5.0m | $4.7m | $4.3m | $4.3m | $3.9m | $3.5m | $1.9m | $1.9m |
| Shareholders' equity | $127.2m | $146.9m | $171.9m | $201.9m | $194.1m | $187.2m | $93.3m | $60.1m |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 65.9% | 64.8% | 63.8% | 66.0% | 67.1% | 67.2% |
| Operating margin | 4.5% | 6.4% | 4.8% | -7.6% | -15.9% | 11.0% |
| Net margin | 2.0% | 4.4% | 2.1% | -7.9% | -18.9% | 2.1% |
| Return on equity | 9.0% | 32.1% | 8.3% | -34.2% | -55.0% | -1.8% |
| Return on assets | 2.9% | 8.0% | 3.1% | -12.0% | -25.2% | 3.9% |
| Free cash flow yield | 16.6% | 13.6% | 11.7% | 7.2% | 4.8% | 7.7% |
| Revenue growth | 10.9% | 3.2% | 6.6% | 7.8% | 22.2% | 15.2% |
| Earnings growth | -48.5% | 114.7% | -128.6% | -55.2% | -1198.1% | 33.0% |
| Current ratio | 0.75x | 0.72x | 1.04x | 0.97x | 1.16x | 0.67x |
| Debt to equity | 0.03x | 0.02x | 0.01x | 0.02x | 0.24x | -0.94x |
| Equity ratio | 32.4% | 24.9% | 37.7% | 35.1% | 45.8% | -218.4% |
| Interest coverage | 26.07x | 97.60x | 64.88x | -182.36x | -3.27x | 1.46x |
| R&D as a share of sales | 10.8% | 13.1% | 12.6% | 11.4% | 14.6% | 8.9% |
| Buybacks as a share of market value | 0.3% | 5.2% | 0.3% | 2.2% | -1.6% | -50.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.8% | 9.9% | — |
| Operating income | — | -21.7% | — |
| Net income | — | 9.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 65.4% | 65.1% | 65.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 117.4 | 45.8 | 156.2 | -30.7 | -29.2 |
| Price to sales | 2.4 | 2.0 | 3.3 | 2.4 | 5.5 |
Market value over time
30 Jun 2021 to 4 Nov 2026, in USD
$4.73bn$1.18bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Return | 33% | -34% | 44% | -49% | -58% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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