| (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 | Q2 FY 19 | Q1 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 172.3 | 184.7 | 119.4 | 113.8 | 112.5 | 100.1 | 49.3 | 24.5 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (205.1) | (216.4) | (154.1) | (143.7) | (145.6) | (130.7) | (63.5) | (32.5) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | - | - | 0.0 |
| Net Income From Continuing Ops | (196.5) | (206.7) | (138.2) | (134.2) | (141.9) | |||
| Per Share | ||||||||
| EPS Basic | (1.02) | (1.34) | (1.01) | (1.77) | (2.60) | (3.40) | - | - |
| EPS Diluted | (1.02) | (1.34) | (1.01) | (1.77) | (2.60) | (3.40) | ||
| Supplementary Data | ||||||||
| EBITDA | (202.9) | (214.2) | (151.9) | (141.6) | (143.5) | (128.6) | (62.8) | (32.0) |
| EBIT | (205.1) | (216.4) | (154.1) | (143.7) | (145.6) | (130.7) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 35.8 | 42.7 | 49.7 | 44.2 | 48.2 | 43.4 | 30.1 | 25.0 | 21.0 | 23.3 | 27.9 | 30.3 | 32.3 | 28.5 | 27.9 | 29.1 | 27.0 | 27.2 | 27.6 | 24.6 | 20.7 | 18.0 | 11.8 | 9.3 | 10.2 | - | 7.1 | 6.0 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 10.3 | 7.6 | 7.3 | 7.6 | 9.2 | 9.1 | 9.3 | 8.6 | 7.6 | 6.7 | 6.9 | 7.4 | 8.9 | 8.2 | 8.2 | 8.3 | 8.4 | ||||||||||||
| Depreciation & Amortization | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 46.1 | 50.3 | 57.0 | 51.7 | 57.4 | 52.5 | 39.4 | 33.6 | 28.6 | 30.0 | 34.8 | 37.7 | 41.2 | 36.7 | 36.1 | 37.4 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (46.1) | (50.3) | (57.0) | (51.7) | (57.4) | (52.5) | (39.4) | (33.6) | (28.6) | (30.0) | (34.8) | (37.7) | (41.2) | (36.7) | (36.1) | (37.4) | (35.4) | (37.5) | (35.7) | (31.4) | (26.2) | (23.2) | (15.6) | (12.2) | (12.5) | - | (9.1) | (8.2) | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | 0.0 | - | - |
| Net Income From Continuing Ops | (44.1) | (48.3) | (54.9) | (49.2) | (54.4) | (48.6) | (34.8) | (29.6) | (25.2) | (27.9) | (32.5) | (35.2) | (38.7) | (34.4) | (35.1) | (37.1) | (35.4) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (44.1) | (48.3) | (54.9) | (49.2) | (54.4) | (48.6) | (34.8) | (29.6) | (25.2) | (27.9) | (32.5) | (35.2) | (38.7) | (34.4) | (35.1) | (37.1) | (35.4) | ||||||||||||
| Net Income Attributable To Parent | (44.1) | (48.3) | (54.9) | (49.2) | (54.4) | (48.6) | (34.8) | (29.6) | (25.2) | (27.9) | (32.5) | (35.2) | (38.7) | (34.4) | (35.1) | (37.1) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (44.1) | (48.3) | (54.9) | (51.0) | (54.4) | (48.6) | (34.8) | (29.6) | (25.2) | (27.9) | (32.5) | (35.2) | (38.7) | (34.4) | (35.1) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.23) | - | (0.37) | (0.34) | (0.37) | - | (0.25) | (0.23) | (0.21) | - | (0.43) | (0.47) | (0.52) | - | (0.51) | (0.96) | (0.92) | - | (0.93) | (0.82) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.23) | - | (0.37) | (0.34) | (0.37) | - | (0.25) | (0.23) | (0.21) | - | (0.43) | (0.47) | (0.52) | - | (0.51) | (0.96) | (0.92) | - | |||||||||||
| Shares Basic | 194.2 | - | 149.1 | 148.3 | 148.1 | - | 139.9 | 130.1 | 122.7 | - | 75.3 | 75.2 | 73.9 | - | 68.7 | 38.6 | 38.6 | - | |||||||||||
| Shares Diluted | 194.2 | - | 149.1 | 148.3 | 148.1 | - | 139.9 | 130.1 | 122.7 | - | 75.3 | 75.2 | 73.9 | - | 68.7 | 38.6 | 38.6 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (45.5) | (49.6) | (56.5) | (51.2) | (56.9) | (51.9) | (38.9) | (33.1) | (28.0) | (29.4) | (34.3) | (37.2) | (40.7) | (36.1) | (35.6) | (36.9) | (34.9) | (37.0) | (35.1) | (30.9) | (25.7) | - | (15.5) | - | (12.3) | - | - | - | - |
| EBIT | (46.1) | (50.3) | (57.0) | (51.7) | (57.4) | (52.5) | (39.4) | (33.6) | (28.6) | (30.0) | (34.8) | (37.7) | (41.2) | (36.7) | (36.1) | (37.4) | (35.4) | (37.5) | (35.7) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 32.8 | 31.7 | 34.6 | 30.0 | 33.1 | 30.6 | 14.2 | 8.0 |
| Depreciation & Amortization | 2.2 | 2.2 | 2.2 | 2.1 | 2.1 | 2.1 | 0.7 | 0.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 205.1 | 216.4 | 154.1 | 143.7 | 145.6 | 130.7 | 63.5 | 32.5 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | 0.1 | 1.0 |
| Pre-Tax Income | - | (206.7) | (138.2) | 134.2 | 141.9 | 130.3 | (63.4) | (37.2) |
| (130.3) |
| (63.4) |
| (37.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (196.5) | (206.7) | (138.2) | (134.2) | (141.9) | (130.3) | (63.4) | (37.2) |
| Net Income Attributable To Parent | (196.5) | (206.7) | (138.2) | (134.2) | (141.9) | (130.3) | (63.4) | (37.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (198.3) | (208.5) | (138.2) | (134.2) | (141.9) | (130.3) | (70.3) | (38.3) |
| - |
| - |
| Shares Basic | 194.2 | 155.1 | 137.4 | 75.7 | 54.7 | 38.3 | - | - |
| Shares Diluted | 194.2 | 155.1 | 137.4 | 75.7 | 54.7 | 38.3 | - | - |
| (63.5) |
| (32.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.2 |
| 8.1 |
| 6.8 |
| 5.5 |
| 5.2 |
| 3.8 |
| 3.0 |
| 2.2 |
| - |
| 2.0 |
| 2.2 |
| - |
| 0.5 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.5 |
| - |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 35.4 |
| 37.5 |
| 35.7 |
| 31.4 |
| 26.2 |
| 23.2 |
| 15.6 |
| 12.2 |
| 12.5 |
| - |
| 9.1 |
| 8.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| (0.0) |
| (0.1) |
| 0.0 |
| 0.1 |
| - |
| 0.2 |
| 0.4 |
| - |
| - |
| (35.6) |
| (31.3) |
| - |
| - |
| (15.6) |
| (12.2) |
| - |
| - |
| (10.2) |
| (9.4) |
| - |
| (37.4) |
| (35.6) |
| (31.3) |
| (26.1) |
| (23.2) |
| (15.6) |
| (12.2) |
| (12.3) |
| (8.9) |
| (10.2) |
| (9.4) |
| (8.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (37.4) |
| (35.6) |
| (31.3) |
| (26.1) |
| (23.2) |
| (15.6) |
| (12.2) |
| (12.3) |
| (8.9) |
| (10.2) |
| (9.4) |
| (8.7) |
| (35.4) |
| (37.4) |
| (35.6) |
| (31.3) |
| (26.1) |
| (23.2) |
| (15.6) |
| (12.2) |
| (12.3) |
| (8.9) |
| (10.2) |
| (9.4) |
| (8.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (37.1) |
| (35.4) |
| (37.4) |
| (35.6) |
| (31.3) |
| (26.1) |
| (23.2) |
| (22.0) |
| (12.5) |
| (12.6) |
| (9.5) |
| (10.5) |
| (9.7) |
| (8.7) |
| (0.93) |
| (0.82) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 38.3 |
| 38.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 38.3 |
| 38.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (31.4) |
| (26.2) |
| (23.2) |
| (15.6) |
| (12.2) |
| (12.5) |
| - |
| (9.1) |
| (8.2) |
| - |