| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q3 FY 17 | Q2 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||
| Revenues | 14.4 | 13.0 | 12.8 | 10.0 | 8.7 | 11.9 | 13.5 | 20.1 | 12.1 | 13.2 | 13.0 | 13.2 | 11.1 | 10.7 | 11.5 | 13.3 | |||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 50.3 | 44.5 | 57.6 | 50.6 | 47.7 | 50.8 | 45.8 | 52.6 | 67.4 | 66.9 |
| Cost of Revenue | 18.4 | 18.6 | 17.9 | 20.8 | 19.4 | - | 13.0 | 20.4 | - | - |
| Gross Profit | 31.9 | 26.0 | 39.7 | 29.8 | 28.3 | - | 32.9 | 32.2 | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 16.0 | 17.2 | 20.3 | 13.1 | 17.5 | 17.0 | 19.9 | 20.6 | 23.1 | 22.1 |
| Selling General & Administrative | 71.8 | 79.8 | 50.2 | |||||||
| Operating Income | ||||||||||
| Operating Income | (55.9) | (71.1) | (30.8) | (15.1) | (42.1) | (34.7) | (42.9) | (52.7) | (48.9) | (0.1) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | 0.1 | 0.6 | - | - |
| Interest Expense | 11.2 | 11.1 | 11.1 | 6.3 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.0 | 0.0 | (0.0) | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (68.9) | (83.8) | (44.1) | |||||||
| Per Share | ||||||||||
| EPS Basic | (0.56) | (0.78) | (0.51) | (0.13) | (1.12) | (1.85) | (1.66) | - | - | - |
| EPS Diluted | (0.56) | (0.78) | (0.51) | (0.13) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (55.4) | (70.5) | (30.1) | (13.8) | (39.7) | (31.7) | (39.5) | (49.8) | (45.7) | 3.6 |
| EBIT | (55.9) | (71.1) | (30.8) | (15.1) | ||||||
| 12.3 |
| 11.1 |
| 13.3 |
| 15.3 |
| 11.1 |
| 7.1 |
| 8.3 |
| 21.7 |
| 8.8 |
| 16.4 |
| 12.4 |
| 11.1 |
| 12.6 |
| 16.8 |
| 13.3 |
| 13.9 |
| 23.4 |
| 27.1 |
| 11.1 |
| Cost of Revenue | 3.5 | 5.8 | 4.5 | 4.6 | 3.7 | 4.5 | 4.4 | 4.5 | 4.4 | 4.7 | 4.8 | 6.6 | 4.7 | 5.3 | 4.6 | 5.2 | 4.2 | - | 4.4 | 4.5 | 2.8 | 2.8 | 3.0 | 3.5 | 3.7 | - | 4.6 | 5.4 | - | - | - | - | - | - | - |
| Gross Profit | 11.0 | 7.2 | 8.3 | 5.4 | 5.1 | 7.3 | 9.1 | 15.6 | 7.7 | 8.5 | 8.2 | 6.6 | 6.4 | 5.4 | 6.8 | 8.0 | 8.1 | - | 8.9 | 10.9 | 8.4 | 4.4 | 5.3 | 18.1 | 5.1 | - | 7.8 | 5.7 | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| Research & Development | 4.2 | 3.2 | 4.5 | 4.1 | 5.4 | 4.9 | 5.3 | 4.2 | 5.9 | 2.9 | 3.2 | 3.5 | 3.5 | 4.3 | 3.2 | 5.2 | 4.8 | 4.4 | 4.7 | 4.3 | 3.7 | 4.4 | 7.3 | 3.8 | 4.4 | 3.1 | 5.1 | 8.2 | 4.3 | 5.7 | 4.5 | 8.0 | 4.9 | 5.7 | 4.8 |
| Selling General & Administrative | 11.0 | 32.8 | 15.3 | 12.7 | 19.1 | 16.0 | 12.1 | 11.4 | 10.7 | 9.6 | 7.4 | 7.4 | 7.5 | 11.8 | 12.5 | 15.6 | |||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.6 | 0.2 | 0.3 | 0.3 | 0.4 | 0.6 | 0.7 | |||||||||||||||||||
| Amortization of Intangibles | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | ||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Total Operating Expenses | 18.7 | 41.9 | 24.3 | 21.4 | 28.1 | 25.4 | 21.8 | 20.0 | 21.0 | 17.1 | 15.4 | 17.5 | 15.7 | 21.4 | 20.3 | 26.0 | |||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | (4.2) | (28.8) | (11.5) | (11.4) | (19.4) | (13.6) | (8.3) | 0.1 | (9.0) | (3.9) | (2.4) | (4.2) | (4.6) | (10.7) | (8.9) | (12.8) | (9.7) | (11.7) | (8.0) | (6.5) | (8.5) | (15.6) | (13.8) | 0.4 | (13.9) | (9.9) | (11.0) | (18.7) | (13.1) | (12.3) | (9.2) | (32.7) | 5.3 | 10.4 | (4.1) |
| Non-Operating | |||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | 0.1 | 0.2 | - | - | - | - | - | - | - |
| Interest Expense | 2.9 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 | 2.3 | 1.3 | 1.4 | 1.4 | 1.7 | 1.6 | 1.6 | 1.6 | 1.7 | |||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Pre-Tax Income | (8.1) | (31.9) | (15.4) | (13.5) | (22.9) | (17.1) | (11.5) | (2.7) | (12.8) | (8.0) | (2.2) | (5.5) | 8.1 | (12.4) | (12.5) | (16.3) | |||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.1 | (0.1) | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (8.1) | (31.9) | (15.4) | (13.5) | (22.9) | (17.1) | (11.5) | (2.7) | (12.8) | (8.1) | (2.0) | (5.8) | 8.1 | (12.4) | (12.5) | (16.3) | (13.2) | ||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income | (8.1) | (31.9) | (15.4) | (13.5) | (22.9) | (17.1) | (11.5) | (2.7) | (12.8) | (8.1) | (2.0) | (5.8) | 8.1 | (12.4) | (12.5) | (16.3) | (13.2) | ||||||||||||||||||
| Net Income Attributable To Parent | (8.1) | (31.9) | (15.4) | (13.5) | (22.9) | (17.1) | (11.5) | (2.7) | (12.8) | (8.1) | (2.0) | (5.8) | 8.1 | (12.4) | (12.5) | (16.3) | |||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income To Common Shareholders | (8.1) | (31.9) | (15.4) | (13.5) | (22.9) | (17.1) | (11.5) | (2.7) | (12.8) | (8.1) | (2.0) | (5.8) | 8.1 | (12.4) | (12.5) | ||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||
| EPS Basic | (0.07) | - | (0.14) | (0.14) | (0.24) | - | (0.13) | (0.03) | (0.17) | - | (0.03) | (0.10) | 0.15 | - | (0.23) | (0.36) | (0.32) | - | (0.37) | (0.33) | (0.41) | - | (0.49) | (0.07) | (0.49) | - | (0.74) | (0.82) | - | - | (0.64) | (1.90) | - | - | - |
| EPS Diluted | (0.07) | - | (0.14) | (0.14) | (0.24) | - | (0.13) | (0.03) | (0.17) | - | (0.03) | (0.10) | 0.11 | - | (0.23) | (0.36) | (0.32) | - | |||||||||||||||||
| Shares Basic | 122.6 | - | 110.6 | 99.3 | 95.5 | - | 91.1 | 90.9 | 73.6 | - | 64.7 | 57.4 | 55.6 | - | 53.4 | 45.5 | 41.5 | - | |||||||||||||||||
| Shares Diluted | 122.6 | - | 110.6 | 99.3 | 95.5 | - | 91.1 | 90.9 | 73.6 | - | 64.7 | 57.4 | 73.8 | - | 53.4 | 45.5 | 41.5 | - | |||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EBITDA | (4.1) | (28.7) | (11.3) | (11.2) | (19.2) | (13.4) | (8.1) | 0.2 | (8.8) | (3.4) | (2.2) | (4.0) | (4.3) | (10.3) | (8.3) | (12.1) | (9.0) | (10.9) | (7.2) | (5.8) | (7.8) | (14.5) | (13.1) | 1.1 | (13.0) | (9.2) | (10.3) | (18.0) | (12.3) | (11.6) | (8.5) | (31.9) | 6.2 | 11.4 | (3.1) |
| EBIT | (4.2) | (28.8) | (11.5) | (11.4) | (19.4) | (13.6) | (8.3) | 0.1 | (9.0) | (3.9) | (2.4) | (4.2) | (4.6) | (10.7) | (8.9) | (12.8) | (9.7) | (11.7) | (8.0) | ||||||||||||||||
| 31.8 |
| 52.9 |
| 53.5 |
| 55.9 |
| 64.3 |
| 72.3 |
| 25.1 |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 0.5 | 0.5 | 0.7 | 1.3 | 2.4 | 3.0 | 3.4 | 2.9 | 3.2 | 3.8 |
| Amortization of Intangibles | - | 0.0 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 106.2 | 115.6 | 88.3 | 65.7 | 89.7 | 85.5 | 88.7 | 105.3 | 116.4 | 67.0 |
| 6.6 |
| 10.0 |
| 11.1 |
| 9.3 |
| 7.7 |
| 7.7 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | (68.9) | (83.8) | (44.2) | (7.6) | (54.4) | (70.5) | (55.8) | (66.2) | (61.4) | (8.9) |
| (7.9) |
| (54.4) |
| (70.5) |
| (55.8) |
| (66.2) |
| (61.4) |
| (8.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (68.9) | (83.8) | (44.1) | (7.9) | (54.4) | (70.5) | (55.8) | (66.2) | (61.4) | (8.9) |
| Net Income Attributable To Parent | (68.9) | (83.8) | (44.1) | (7.9) | (54.4) | (70.5) | (55.8) | (66.2) | (61.4) | (8.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | 2.5 |
| Net Income To Common Shareholders | (68.9) | (83.8) | (44.1) | (7.9) | (54.4) | (70.5) | (55.8) | (66.2) | (61.4) | (11.4) |
| (1.12) |
| (1.85) |
| (1.66) |
| - |
| - |
| - |
| Shares Basic | 122.6 | 106.9 | 86.7 | 61.3 | 48.7 | 38.1 | 33.7 | - | - | - |
| Shares Diluted | 122.6 | 106.9 | 86.7 | 61.3 | 48.7 | 38.1 | 33.7 | - | - | - |
| (42.1) |
| (34.7) |
| (42.9) |
| (52.7) |
| (48.9) |
| (0.1) |
| 13.0 |
| 15.0 |
| 12.1 |
| 13.1 |
| 13.2 |
| 15.6 |
| 11.8 |
| 13.9 |
| 14.6 |
| 16.5 |
| 13.7 |
| 16.2 |
| 17.9 |
| 18.7 |
| 12.3 |
| 33.7 |
| 7.6 |
| 6.2 |
| 5.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.8 |
| 0.7 |
| 0.7 |
| 0.8 |
| 1.1 |
| 0.7 |
| 0.7 |
| 0.9 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.8 |
| 0.7 |
| 0.7 |
| 0.8 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.0 |
| 22.7 |
| 21.3 |
| 21.9 |
| 19.6 |
| 22.8 |
| 22.0 |
| 21.3 |
| 22.6 |
| 26.3 |
| 23.4 |
| 29.8 |
| 25.7 |
| 29.2 |
| 22.5 |
| 46.6 |
| 18.1 |
| 16.7 |
| 15.2 |
| 2.8 |
| 2.8 |
| 2.8 |
| 2.8 |
| 2.8 |
| 2.7 |
| 2.8 |
| 2.8 |
| 2.7 |
| 1.9 |
| 1.9 |
| 1.9 |
| 1.9 |
| 1.9 |
| 1.9 |
| 2.0 |
| 1.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.2) |
| (28.9) |
| (14.6) |
| (12.4) |
| (14.7) |
| (20.4) |
| (16.6) |
| (2.3) |
| (16.5) |
| (12.6) |
| (18.4) |
| (20.5) |
| (14.7) |
| (13.9) |
| (15.0) |
| (36.5) |
| 4.1 |
| 8.5 |
| (5.9) |
| (28.9) |
| (14.6) |
| (12.4) |
| (14.7) |
| (20.4) |
| (16.6) |
| (2.3) |
| (16.5) |
| (12.6) |
| (18.4) |
| (20.5) |
| (14.7) |
| (13.9) |
| (15.0) |
| (36.5) |
| 4.1 |
| 8.5 |
| (5.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.9) |
| (14.6) |
| (12.4) |
| (14.7) |
| (20.4) |
| (16.6) |
| (2.3) |
| (16.5) |
| (12.6) |
| (18.4) |
| (20.5) |
| (14.7) |
| (13.9) |
| (15.0) |
| (36.5) |
| 4.1 |
| 8.5 |
| (5.9) |
| (13.2) |
| (28.9) |
| (14.6) |
| (12.4) |
| (14.7) |
| (20.4) |
| (16.6) |
| (2.3) |
| (16.5) |
| (12.6) |
| (18.4) |
| (20.5) |
| (14.7) |
| (13.9) |
| (15.0) |
| (36.5) |
| 4.1 |
| 8.5 |
| (5.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.3) |
| (13.2) |
| (28.9) |
| (14.6) |
| (12.4) |
| (14.7) |
| (20.4) |
| (16.6) |
| (2.3) |
| (16.5) |
| (12.6) |
| (18.4) |
| (20.5) |
| (14.7) |
| (13.9) |
| (15.0) |
| (36.5) |
| 4.1 |
| 7.8 |
| (6.5) |
| (0.37) |
| (0.33) |
| (0.41) |
| - |
| (0.49) |
| (0.07) |
| (0.49) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 39.2 |
| 37.1 |
| 35.6 |
| - |
| 33.6 |
| - |
| 33.6 |
| - |
| 25.0 |
| 25.0 |
| - |
| - |
| 23.6 |
| 19.2 |
| - |
| - |
| - |
| 39.2 |
| 37.1 |
| 35.6 |
| - |
| 33.6 |
| - |
| 33.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.5) |
| (8.5) |
| (15.6) |
| (13.8) |
| 0.4 |
| (13.9) |
| (9.9) |
| (11.0) |
| (18.7) |
| (13.1) |
| (12.3) |
| (9.2) |
| (32.7) |
| 5.3 |
| 10.4 |
| (4.1) |