Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | $22.7 | — | — | $422.2M | — |
| FY24 | — | — | — | — | $541.9M | — |
| FY23 | — | -$48.3 | — | — | $585.4M | — |
| FY22 | — | -$41.5 | — | — | $682.3M | — |
| FY21 | — | -$28.2 | — | — | $933.8M | — |
| FY20 | — | -$2.34 | — | — | $766M | — |
| FY19 | — | $1.75 | — | — | $319.2M | — |
| FY18 | — | $1.51 | — | — | $225.3M | — |
| FY17 | — | $1.24 | — | — | $192M | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $192M | $225.3M | $319.2M | $766M | $933.8M | $682.3M | $585.4M | $541.9M | $422.2M |
| YoY change | — | +17.3% | +41.7% | +140% | +21.9% | -26.9% | -14.2% | -7.42% | -22.1% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 192M | 225.3M | 319.2M | 766M | 933.8M | 682.3M | 585.4M | 541.9M | 422.2M |
| Cost of revenue | 79.2M | 85.4M | 146.2M | 596.6M | 684.2M | 539.2M | 411.7M | 387.9M | 313.3M |
| Gross profit | 112.8M | 139.9M | 173M | 169.4M | 249.6M | 143M | 173.7M | 154M | 109M |
| Gross margin | 58.8% | 62.1% | 54.2% | 22.1% | 26.7% | 21% | 29.7% | 28.4% | 25.8% |
| Research & development | 9.7M | 8M | 18.4M | 85M | 155.6M | 341.6M | 171.1M | 111.7M | 63.3M |
| Selling, general & administrative | 25.9M | 31M | 40.2M | 229.5M | 87M | 57.3M | 216.3M | 36.5M | 47.8M |
| Operating expenses | 35.6M | 39.1M | 57.2M | 313.3M | 241.5M | 398.9M | 387.4M | 148.2M | 111.1M |
| Operating income | 77.3M | 100.8M | 115.1M | -146.1M | -131.4M | -260.3M | -223.4M | 6.9M | -23.8M |
| Operating margin | 40.3% | 44.7% | 36% | -19.1% | -14.1% | -38.2% | -38.2% | 1.28% | -5.64% |
| Non-operating income, net | 762.1K | 1.6M | 182.1K | 7.4M | -120.1M | -121.6M | -302.2M | -59.8M | 389M |
| Pretax income | 73.9M | 97.3M | 105.3M | -142.1M | -255.2M | -380.4M | -512.9M | 109.9M | 354.4M |
| Income tax | 528K | 8.1M | 3.1M | 2.9M | -835.2K | -3.6M | -2.5M | 6.6M | 7.3M |
| Net income | 73.3M | 89.2M | 102.2M | -145M | -254.4M | -376.8M | -510.4M | 103.3M | 347.1M |
| Net margin | 38.2% | 39.6% | 32% | -18.9% | -27.2% | -55.2% | -87.2% | 19.1% | 82.2% |
| EBITDA | 90.7M | 115.7M | 130.4M | -128.4M | -103.6M | -238.7M | -206.2M | 188.5M | -19.1M |
| EPS | 1.24 | 1.51 | 1.75 | -2.34 | -28.2 | -41.5 | -48.3 | — | 22.7 |
| Diluted EPS | 1.24 | 1.51 | 1.75 | -2.34 | -28.2 | -41.5 | -48.3 | — | 15.9 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 18 | Q2 18 | Q1 19 | Q2 19 |
|---|---|---|---|---|
| Revenue | 49.2M | 62.3M | 78.5M | 80M |
| Cost of revenue | 16M | 23.9M | 22.6M | 27.8M |
| Gross profit | 33.2M | 38.4M | 55.9M | 52.1M |
| Gross margin | 67.4% | 61.6% | 71.2% | 65.2% |
| Research & development | 1.6M | 1.3M | 1.4M | 1.5M |
| Selling, general & administrative | 6.3M | 7M | 12.4M | 8.4M |
| Operating expenses | 7.9M | 8.3M | 13.9M | 9.9M |
| Operating income | 25.2M | 30.1M | 42M | 42.3M |
| Operating margin | 51.3% | 48.4% | 53.5% | 52.9% |
| Non-operating income, net | 75K | 711.2K | 597.3K | 1.1M |
| Pretax income | 23.6M | 30M | 41.4M | 42.6M |
| Income tax | 1.4M | 1.3M | 3.9M | 831.2K |
| Net income | 22.2M | 28.7M | 37.5M | 41.8M |
| Net margin | 45.2% | 46% | 47.8% | 52.2% |
| EBITDA | 28.3M | 33.9M | 46M | 47.3M |
| EPS | 0.38 | — | 0.64 | — |
| Diluted EPS | 0.38 | — | 0.64 | — |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | — | — | — | — | 13.5M |
| Enterprise value | — | — | — | — | — | — | — | — | — | -380.2M |
| Shares outstanding | 428.2M | 428.2M | 430M | 471.9M | 8.4M | 8.6M | 8.7M | — | 13.6M | 13.6M |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | 0.8 |
| P/S | — | — | — | — | — | — | — | — | — | 0.04 |
| P/B | — | — | — | — | — | — | — | — | — | 0.04 |
| EV/EBITDA | — | — | — | — | — | — | — | — | — | 1.6K |
| EV/Sales | — | — | — | — | — | — | — | — | — | -6.88 |
| Earnings yield | — | — | — | — | — | — | — | — | — | 125.5% |
| FCF yield | — | — | — | — | — | — | — | — | — | -59.3% |
| PEG | — | — | — | — | — | — | — | — | — | 4.31 |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 58.8% | 62.1% | 54.2% | 22.1% | 26.7% | 21% | 29.7% | 28.4% | 25.8% | 65.2% |
| Operating margin | 40.3% | 44.7% | 36% | -19.1% | -14.1% | -38.2% | -38.2% | 1.28% | -5.64% | 0.51% |
| Net margin | 38.2% | 39.6% | 32% | -18.9% | -27.2% | -55.2% | -87.2% | 19.1% | 82.2% | 31.4% |
| ROE | 81.3% | 28% | 24.2% | -14.4% | -19% | -32.8% | -67% | 7.46% | 13% | 1.27% |
| ROA | 16% | 14.7% | 18.1% | -12.4% | -16.9% | -29.9% | -49.5% | 4.8% | 9.62% | -0.08% |
| ROIC | 37.3% | 31.4% | 29.3% | -20.2% | -20.4% | -44.7% | -593.5% | -1.69% | 4.92% | 43.8% |
| Return on tangible assets | -21.2% | -50.8% | -52.2% | -48.7% | -28.4% | -49.6% | -49.5% | 4.8% | 9.62% | -74.5% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.37 | 4.66 | 1.45 | 4.66 | 9.89 | 6.14 | 3.67 | 2.71 | 3.82 | 3.56 |
| Quick ratio | 0.37 | 4.66 | 1.45 | 4.63 | 9.82 | 6.12 | 3.67 | 2.71 | 3.82 | 3.88 |
| Debt / equity | 1.42 | 0.4 | 0.21 | 0.1 | 0.07 | 0.04 | 0.07 | 0.11 | 0.09 | 0.1 |
| Debt / assets | 0.28 | 0.21 | 0.15 | 0.09 | 0.06 | 0.03 | 0.05 | 0.07 | 0.07 | 0.06 |
| Net debt / EBITDA | 1.27 | -0.21 | -0.32 | 2.23 | 6.71 | 2.38 | 3.51 | -9.39 | 164.6 | -0.62 |
| Interest coverage | 18.5 | 19.8 | 10.5 | -36.2 | -35.1 | -167.8 | -488.1 | 98.6 | 27.8 | 28.4 |
| Effective tax rate | 0.71% | 8.3% | 2.97% | 0% | 0% | 0% | 0% | 5.97% | 2.07% | 5.43% |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 0.45 | 0.53 | 0.74 | 1.62 | 111.8 | 79.2 | 67.1 | — | 31 | 21 |
| EPS (basic) | 1.24 | 1.51 | 1.75 | -2.34 | -28.2 | -41.5 | -48.3 | — | 22.7 | 22.7 |
| EPS (diluted) | 1.24 | 1.51 | 1.75 | -2.34 | -28.2 | -41.5 | -48.3 | — | 15.9 | 0.92 |
| Book value per share | 0.21 | 0.74 | 0.98 | 2.14 | 160.4 | 133.4 | 87.3 | — | 195.9 | 16.9 |
| FCF per share | 0.25 | 0.23 | 0.33 | -0.14 | -13.1 | -27.8 | 2.35 | — | 4.34 | -0.43 |
| Cash per share | 0.03 | 0.35 | 0.3 | 0.82 | 94 | 71 | 88.7 | — | 248.3 | 170.5 |
| Capex per share | 0 | 0 | 0 | 0 | 20.1 | — | — | — | — | — |
| Metric | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.02% | 0.02% | 0.06% | 0.06% | 18% | — | — | — | — | 0.16% |
| Capex / operating cash flow | 1.95% | 0.05% | 0.14% | -1.28% | -71% | — | — | — | — | 0.33% |
| Payout ratio | — | — | — | — | — | — | — | — | — | 0% |
| Period |
|---|
| Q1 18 |
|---|
| Q2 18 |
|---|
| Q1 19 |
|---|
| Q2 19 |
|---|
| Revenue | $49.2M | $62.3M | $78.5M | $80M |
| YoY change | — | — | +59.5% | +28.3% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 12.7M | 151.9M | 129M | 387.9M | 785.4M | 611.2M | 773.8M | 1.9B | 3.4B |
| Receivables | 35.5M | 46.8M | 36.1M | 172.6M | 26.2M | 20.3M | 23.7M | 23.7M | 43.6M |
| Inventory | — | — | 0 | 4.1M | 6.8M | 2.4M | 0 | — | — |
| Total current assets | 52M | 213.3M | 177.5M | 616.4M | 907.8M | 670.1M | 856.7M | 2B | 3.5B |
| Property, plant & equipment | 2M | 1.3M | 769.5K | 2.2M | 3.3M | 801.6K | -1.6M | -42.4M | -41.6M |
| Goodwill & intangibles | 804.1M | 783.2M | 759.2M | 874.9M | 609.7M | 500.1M | 0 | 0 | — |
| Total assets | 457.5M | 607.5M | 563.5M | 1.2B | 1.5B | 1.3B | 1B | 2.2B | 3.6B |
| Accounts payable | 25.3M | 33M | 38.7M | 27.4M | 28M | 25.3M | 30.2M | 27.8M | 35.1M |
| Short-term debt | 14.8M | — | 71M | 77.8M | 21.8M | 43.9M | 13.9M | 124.9M | 215.4M |
| Total current liabilities | 139.6M | 45.8M | 122.1M | 132.2M | 91.8M | 109.1M | 233.5M | 744.1M | 921M |
| Long-term debt | 113.2M | 127.8M | 16M | 23.3M | 68.5M | 214.2K | 36M | 23.3M | 22.8M |
| Total liabilities | 367.3M | 288.6M | 140.8M | 163.4M | 165.6M | 111M | 269.5M | 767.4M | 943.9M |
| Shareholders' equity | 90.2M | 318.9M | 422.7M | 1B | 1.3B | 1.1B | 761.5M | 1.4B | 2.7B |
| Total debt | 128M | 127.8M | 87M | 101.1M | 90.4M | 44.1M | 49.9M | 148.2M | 238.3M |
| Net debt | 115.3M | -24.2M | -42M | -253.9M | -661.5M | -528.7M | -288.3M | -922.3M | -1.1B |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 19 | Q2 19 |
|---|---|---|
| Cash & short-term investments | 137.6M | 131.1M |
| Receivables | 60.1M | 57.7M |
| Inventory | — | — |
| Total current assets | 214.1M | 204.2M |
| Property, plant & equipment | 1.2M | 959.3K |
| Goodwill & intangibles | 774.4M | 770.2M |
| Total assets | 606.4M | 595.4M |
| Accounts payable | 37M | 38.6M |
| Short-term debt | — | — |
| Total current liabilities | 55M | 52.6M |
| Long-term debt | 85.9M | 34.1M |
| Total liabilities | 252.7M | 197M |
| Shareholders' equity | 353.7M | 398.4M |
| Total debt | 85.9M | 34.1M |
| Net debt | -51.7M | -97M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | 73.3M | 89.2M | 102.2M | -145M | -254.4M | -376.8M | -510.4M | 103.3M | 347.1M |
| Depreciation & amortization | 12.8M | 13.5M | 13.9M | 14.8M | 19.7M | 12.2M | 2.2M | 7M | 6.2M |
| Stock-based compensation | — | 0 | 0 | 191.4M | 10.6M | 6.4M | 55.7M | 0 | 22.1M |
| Change in working capital | 11.9M | -12.1M | 17.3M | -98.5M | -1.3M | -14.9M | 85.8M | -18.9M | -19.2M |
| Operating cash flow | 100.7M | 94.2M | 143.4M | -37.9M | -236M | -238.2M | 88.6M | 567.2M | 117.7M |
| Capital expenditure | -2M | -46.6K | -196K | -484.8K | -167.7M | — | — | — | — |
| Investing cash flow | -118.4M | -98.6M | -126.5M | -228.1M | -237.7M | -89.1M | -236.7M | -451M | -816.4M |
| Dividends paid | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — |
| Financing cash flow | -3.8M | 137.5M | -41M | 562.6M | 531.9M | 78.7M | 649.6K | 652.8M | 1.1B |
| Net change in cash | -21.4M | 133.1M | -24M | 296.6M | 58.1M | -248.6M | -147.5M | 768.9M | 423.9M |
| Free cash flow | 106.1M | 99.4M | 143.8M | -67.4M | -109.5M | -239.3M | 20.5M | 567.1M | 59M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 18 | Q2 18 | Q1 19 | Q2 19 |
|---|---|---|---|---|
| Net income | 22.2M | 28.7M | 37.5M | 41.8M |
| Depreciation & amortization | 3M | 3M | 3.4M | 3.4M |
| Stock-based compensation | — | — | — | — |
| Change in working capital | -8.7M | -4.3M | -11.3M | 7.1M |
| Operating cash flow | 17.8M | 28.5M | 30.3M | 53.2M |
| Capital expenditure | -4.3K | -11.2K | -226.8K | 191.2K |
| Investing cash flow | -25.1M | -38.6M | -6.4M | -3.8M |
| Dividends paid | — | — | — | — |
| Share repurchases | — | — | — | — |
| Financing cash flow | 0 | 10.7M | -45M | -48.8M |
| Net change in cash | -7.3M | 672.4K | -21.1M | 595.7K |
| Free cash flow | 20.9M | 27.2M | 35.6M | 47.1M |