| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 | Q4 FY 19 | Q3 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||
| Revenues | 62.1 | 107.2 | 64.2 | 1.4 | 12.3 | 46.9 | 11.6 | 5.5 | 7.5 | 49.1 | 5.5 | 5.3 | 5.1 | (0.3) | 3.1 | 3.5 | ||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 234.9 | 185.2 | 71.5 | 65.0 | 10.5 | 17.6 | 12.6 | 10.8 | 10.5 |
| Cost of Revenue | 109.9 | 92.0 | 39.5 | 43.6 | 4.9 | 7.4 | 6.2 | 4.6 | 4.4 |
| Gross Profit | 125.0 | 93.2 | 32.0 | 21.4 | 5.5 | 10.2 | 6.4 | 6.2 | 6.1 |
| Operating Expenses | |||||||||
| Research & Development | - | - | - | 2.3 | 4.1 | 5.9 | 3.2 | 5.6 | 2.6 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (211.2) | (228.0) | 484.1 | 6.2 | (43.1) | (33.1) | (17.3) | (12.5) | (2.5) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | 0.2 | 0.1 | - |
| Interest Expense | - | - | 3.5 | 8.8 | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | - | (18.1) | 59.6 | (18.8) | (0.7) | (2.3) | 0.0 | - | - |
| Net Income From Continuing Ops | (134.3) | (153.2) | 433.8 | 39.6 | |||||
| Per Share | |||||||||
| EPS Basic | (0.13) | (0.17) | 0.49 | 0.04 | (546.56) | (24.44) | - | - | - |
| EPS Diluted | (0.13) | (0.17) | 0.49 | 0.04 | (546.56) | ||||
| Supplementary Data | |||||||||
| EBITDA | (132.8) | (169.7) | 506.8 | 7.2 | (35.2) | (27.4) | (16.0) | - | - |
| EBIT | (211.2) | (228.0) | 484.1 | 6.2 | (43.1) | ||||
| 4.2 |
| 3.6 |
| 5.1 |
| 4.9 |
| 4.0 |
| - |
| 3.7 |
| 3.0 |
| 3.1 |
| (5.5) |
| 3.2 |
| 2.3 |
| 2.6 |
| 2.3 |
| Cost of Revenue | 29.6 | 50.5 | 28.3 | 1.6 | 11.7 | 19.7 | 11.1 | 3.8 | 4.8 | 35.8 | 4.0 | 2.8 | 1.1 | 0.7 | 1.5 | 1.2 | 1.5 | 2.1 | 2.0 | 1.9 | 1.5 | - | 1.7 | 1.8 | 1.4 | (2.5) | 1.4 | 1.2 | 1.3 | 1.1 |
| Gross Profit | 32.5 | 56.8 | 35.9 | (0.2) | 0.7 | 27.2 | 0.5 | 1.7 | 2.7 | 13.4 | 1.5 | 2.5 | 4.0 | (1.1) | 1.6 | 2.3 | 2.7 | 1.5 | 3.2 | 3.0 | 2.6 | - | 2.0 | 1.2 | 1.7 | (3.0) | 1.8 | 1.2 | 1.3 | 1.2 |
| Operating Expenses | ||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | 0.2 | 0.6 | 0.7 | 0.8 | 0.1 | 1.0 | 1.3 | 1.7 | 1.4 | 1.6 | 1.5 | 1.4 | - | 1.8 | 1.1 | 0.9 | - | 0.6 | 1.0 | 1.1 | 0.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | 0.3 | 0.6 | 0.7 | 0.8 | 0.6 | 1.0 | 2.0 | 2.1 | |||||||||||||
| General & Administrative | 6.9 | 9.3 | 8.1 | 1.6 | 14.4 | 23.4 | 4.8 | 3.8 | 2.5 | 30.9 | 0.8 | 1.1 | 1.4 | 1.6 | 1.8 | 2.7 | 1.9 | |||||||||||||
| Depreciation & Amortization | 26.6 | 36.1 | 15.2 | 0.5 | 6.4 | 11.9 | 4.3 | 3.3 | 3.2 | (11.0) | 4.1 | 3.9 | 4.0 | 2.8 | 1.6 | 1.4 | ||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | 9.1 | (3.2) | 3.7 | 3.1 | 6.8 | (1.8) | 5.3 | 22.5 | ||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (118.2) | (98.0) | 7.2 | (2.2) | (135.0) | 501.7 | (10.2) | (5.9) | (1.6) | 19.8 | (9.2) | (2.7) | (1.7) | 0.7 | (3.7) | (20.2) | (19.9) | (19.8) | (3.7) | (6.1) | (3.5) | - | (5.5) | (6.2) | (4.9) | - | (2.4) | (2.5) | (2.5) | (1.7) |
| Non-Operating | ||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - |
| Interest Expense | - | - | - | 0.0 | - | 2.6 | 0.3 | 0.3 | 0.3 | 8.6 | 0.0 | 0.0 | 0.2 | - | - | - | - | - | ||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | - | 2.9 | (9.1) | ||||||||||||||
| Other Non-Operating Income | 37.4 | 40.8 | (2.0) | (3.0) | 20.9 | 8.5 | 9.0 | 1.9 | (10.2) | 18.6 | 1.1 | 0.1 | (5.2) | (0.5) | (1.5) | (0.5) | (1.4) | |||||||||||||
| Pre-Tax Income | (80.8) | (57.2) | 5.2 | (5.3) | (114.1) | 510.3 | (1.1) | (4.0) | (11.7) | 38.4 | (8.1) | (2.6) | (6.9) | 0.2 | (5.2) | (20.6) | ||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||
| Income Tax Expense | 1.0 | - | 1.8 | - | (13.5) | - | (0.6) | - | - | - | - | - | - | (0.4) | (0.0) | (0.1) | (0.1) | - | - | 0.0 | 0.0 | - | - | 0.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (81.8) | (59.5) | 3.5 | 3.4 | (100.6) | 265.0 | (0.6) | (61.1) | 230.4 | 47.9 | (2.6) | (3.1) | (2.6) | 46.9 | (5.2) | (20.5) | (21.2) | |||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | (25.8) | 2.9 | (9.1) | (0.7) | |||||||||||||
| Net Income | (81.8) | (59.5) | 3.5 | 3.4 | (100.6) | 260.2 | (0.6) | (61.1) | 230.4 | 53.3 | (8.1) | (3.1) | (2.5) | (25.2) | (2.3) | (29.6) | (22.0) | |||||||||||||
| Net Income Attributable To Parent | (81.8) | (59.5) | 3.5 | 3.4 | (100.6) | 260.2 | (0.6) | (61.1) | 230.4 | 57.2 | (8.1) | (2.6) | (6.9) | (25.2) | (2.3) | (29.6) | ||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income To Common Shareholders | (81.8) | (59.5) | 3.5 | 3.4 | (100.6) | 260.2 | (0.6) | (61.1) | 230.4 | 6.0 | (8.1) | (2.6) | (6.9) | (26.2) | (2.3) | |||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||
| EPS Basic | (0.08) | - | - | (0.07) | (0.11) | - | (0.15) | (0.10) | (0.36) | - | (0.56) | (0.18) | (0.28) | - | (0.59) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.08) | - | - | (0.07) | (0.11) | - | (0.15) | (0.10) | (0.36) | - | (0.56) | (0.18) | (0.28) | - | (0.59) | (16.67) | (13.89) | - | ||||||||||||
| Shares Basic | 1,017.8 | - | 899.4 | 76.0 | 891.8 | - | 891.8 | 38.9 | 32.4 | - | 14.5 | 14.4 | 24.9 | - | 3.9 | - | - | - | ||||||||||||
| Shares Diluted | 1,017.8 | - | 899.5 | 76.0 | 891.8 | - | 891.8 | 38.9 | 32.4 | - | 14.5 | 14.4 | 24.9 | - | 3.9 | 1.8 | 1.6 | - | ||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||
| EBITDA | (91.6) | (61.9) | 22.4 | (1.7) | (128.5) | 513.6 | (5.9) | (2.6) | 1.7 | 8.8 | (5.1) | 1.2 | 2.3 | 3.5 | (2.2) | (18.7) | (17.9) | (17.7) | (2.5) | (4.7) | (2.5) | - | (4.4) | (5.1) | (4.9) | - | (2.4) | - | - | - |
| EBIT | (118.2) | (98.0) | 7.2 | (2.2) | (135.0) | 501.7 | (10.2) | (5.9) | (1.6) | 19.8 | (9.2) | (2.7) | (1.7) | 0.7 | (3.7) | (20.2) | (19.9) | (19.8) | (3.7) | |||||||||||
| - |
| - |
| - |
| 13.1 |
| 5.9 |
| Selling & Marketing | - | - | - | 2.3 | 5.6 | 7.7 | 7.8 | 7.5 | - |
| General & Administrative | 25.9 | 33.4 | 34.5 | 34.2 | 8.0 | 10.2 | 11.3 | 5.6 | - |
| Depreciation & Amortization | 78.4 | 58.2 | 22.7 | 0.9 | 7.8 | 5.7 | 1.3 | - | - |
| Amortization of Intangibles | - | 0.0 | 0.0 | 0.0 | 5.6 | 5.1 | 1.3 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | 10.3 | 48.6 | 43.3 | 23.6 | 18.7 | 8.6 |
| - |
| 0.0 |
| (0.1) |
| (0.0) |
| Income From Equity Investments | - | - | - | - | - | (0.0) | (0.0) | - | - |
| Other Non-Operating Income | 73.2 | 56.7 | 9.3 | 14.6 | (3.9) | (0.2) | 2.9 | 0.1 | (0.0) |
| Pre-Tax Income | (138.0) | (171.3) | 493.4 | 20.8 | (47.0) | (33.3) | (14.4) | (12.4) | - |
| (0.0) |
| (0.0) |
| (14.4) |
| (12.4) |
| (2.5) |
| Net Income From Discontinued Ops | - | - | (4.8) | (3.0) | (32.8) | (0.2) | - | - | - |
| Net Income | (134.3) | (153.2) | 428.9 | 39.6 | (79.1) | (31.3) | (14.4) | (12.4) | (2.5) |
| Net Income Attributable To Parent | (134.3) | (153.2) | 428.9 | 39.6 | (79.1) | (31.3) | (13.6) | (12.4) | (2.5) |
| Less: Minority Interest | - | - | - | - | - | - | (0.8) | - | - |
| Less: Preferred Dividends | - | - | - | - | 1.0 | - | - | - | - |
| Net Income To Common Shareholders | (134.3) | (153.2) | 428.9 | (11.6) | (80.0) | (31.3) | (13.6) | (12.4) | (2.5) |
| - |
| - |
| - |
| - |
| Shares Basic | 1,017.8 | 905.0 | 891.8 | 891.8 | 0.1 | 1.3 | - | - | - |
| Shares Diluted | 1,017.8 | 905.1 | 891.8 | 891.8 | 0.1 | - | - | - | - |
| (33.1) |
| (17.3) |
| (12.5) |
| (2.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.7 |
| - |
| 3.6 |
| 2.7 |
| 2.6 |
| 2.1 |
| 2.1 |
| 2.0 |
| 1.8 |
| 1.7 |
| - |
| 2.1 |
| 2.1 |
| 2.0 |
| - |
| 1.8 |
| - |
| - |
| - |
| 1.9 |
| 2.1 |
| 4.4 |
| 1.9 |
| - |
| 2.5 |
| 3.1 |
| 3.5 |
| - |
| 1.7 |
| - |
| - |
| - |
| 2.0 |
| 2.1 |
| 1.2 |
| 1.3 |
| 1.1 |
| - |
| 1.2 |
| 1.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.6 |
| 21.3 |
| 6.9 |
| 9.0 |
| 6.1 |
| - |
| 7.5 |
| 7.4 |
| 6.6 |
| (7.9) |
| 4.2 |
| 3.7 |
| 3.7 |
| 2.9 |
| - |
| - |
| 0.8 |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| - |
| - |
| (0.0) |
| (0.7) |
| - |
| - |
| (0.0) |
| (0.0) |
| - |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.6 |
| 2.2 |
| (0.0) |
| (2.9) |
| - |
| 1.5 |
| 0.2 |
| 0.3 |
| - |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.0 |
| (21.3) |
| (19.2) |
| (1.6) |
| (6.1) |
| (6.4) |
| - |
| (4.0) |
| (6.0) |
| (4.6) |
| - |
| (2.3) |
| - |
| - |
| - |
| 14.1 |
| (1.6) |
| (6.1) |
| (6.5) |
| - |
| (4.0) |
| (6.1) |
| (4.6) |
| 5.1 |
| (2.3) |
| (2.8) |
| (2.4) |
| (1.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.2) |
| (1.6) |
| (6.1) |
| (6.5) |
| - |
| (4.0) |
| (6.1) |
| (4.6) |
| 5.1 |
| (2.3) |
| (2.8) |
| (2.4) |
| (1.7) |
| (22.0) |
| (17.2) |
| (1.6) |
| (6.1) |
| (6.5) |
| - |
| (4.0) |
| (5.3) |
| (4.5) |
| 4.8 |
| (2.3) |
| (2.5) |
| (2.4) |
| (1.7) |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.7) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (29.6) |
| (22.0) |
| (17.2) |
| (1.6) |
| (6.1) |
| (6.5) |
| - |
| (4.0) |
| (5.3) |
| (4.5) |
| 4.8 |
| (2.3) |
| (2.5) |
| (2.4) |
| (1.7) |
| (1.17) |
| (0.25) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.3 |
| 24.5 |
| - |
| - |
| - |
| - |
| 5.8 |
| - |
| - |
| - |
| - |
| - |
| (6.1) |
| (3.5) |
| - |
| (5.5) |
| (6.2) |
| (4.9) |
| - |
| (2.4) |
| (2.5) |
| (2.5) |
| (1.7) |