| (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 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q4 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 | Q3 FY 18 | Q2 FY 18 | Q4 FY 17 | Q3 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||
| Revenues | 150.4 | 141.3 | 139.5 | 129.4 | 119.1 | 121.6 | 137.7 | 127.4 | 124.2 | 130.0 | 115.1 | 111.0 | 128.2 | 119.0 | 124.8 | 111.1 | ||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 560.6 | 529.3 | 510.9 | 491.2 | 490.4 | 435.1 | 357.2 | 370.0 | 464.9 | 370.7 |
| Cost of Revenue | 307.8 | 296.5 | 323.4 | 323.6 | 354.4 | 327.1 | 301.8 | 334.2 | 372.8 | 279.4 |
| Gross Profit | 252.8 | 232.8 | 187.5 | 167.6 | 136.0 | 108.0 | 55.4 | 35.8 | 92.1 | 91.2 |
| Operating Expenses | ||||||||||
| Research & Development | 80.3 | 73.7 | 73.2 | 68.6 | 64.7 | 59.1 | 60.1 | 69.4 | 58.8 | 34.7 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | 15.1 | 6.1 | (34.9) | (24.9) | (56.9) | (60.1) | (104.9) | (85.2) | (74.8) | 5.7 |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.7 | 0.7 | 1.1 | 1.2 | 1.0 | 0.7 | 0.6 | 4.4 | 0.8 | 1.1 |
| Net Income From Continuing Ops | 30.6 | 14.9 | (30.5) | |||||||
| Per Share | ||||||||||
| EPS Basic | 0.29 | 0.14 | (0.31) | (0.24) | (0.65) | (0.68) | (1.30) | (1.14) | (1.12) | 0.11 |
| EPS Diluted | 0.28 | 0.14 | (0.31) | (0.24) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | 19.9 | 10.0 | (31.7) | (20.2) | (52.1) | (54.2) | (94.7) | (74.5) | (69.5) | 9.5 |
| EBIT | 15.1 | 6.1 | (34.9) | (24.9) | ||||||
| 98.6 |
| 82.6 |
| 114.8 |
| 110.2 |
| 66.6 |
| 65.5 |
| 122.4 |
| 106.1 |
| 83.6 |
| 57.9 |
| 131.2 |
| 100.6 |
| 104.9 |
| 79.2 |
| Cost of Revenue | 77.7 | 75.8 | 83.0 | 71.3 | 66.3 | 76.7 | 89.3 | 80.6 | 76.8 | 86.9 | 73.2 | 75.8 | 91.4 | 85.2 | 91.2 | 86.8 | 72.4 | 56.7 | 90.3 | 88.8 | 61.1 | 61.5 | 108.7 | 95.6 | 73.9 | 55.9 | 101.4 | 71.6 | 76.5 | 62.5 |
| Gross Profit | 72.7 | 65.5 | 56.5 | 58.1 | 52.7 | 44.9 | 48.4 | 46.9 | 47.4 | 43.1 | 41.9 | 35.2 | 36.8 | 33.7 | 33.6 | 24.3 | 26.2 | 25.8 | 24.5 | 21.4 | 5.5 | 4.0 | 13.7 | 10.5 | 9.7 | 1.9 | 29.7 | 29.1 | 28.4 | 16.7 |
| Operating Expenses | ||||||||||||||||||||||||||||||
| Research & Development | 22.8 | 20.9 | 18.1 | 18.5 | 16.2 | 15.3 | 17.6 | 19.6 | 20.8 | 16.8 | 17.6 | 17.8 | 16.5 | 17.4 | 16.4 | 14.4 | 16.3 | 14.8 | 15.3 | 15.4 | 14.2 | 15.2 | 16.9 | 16.7 | 17.6 | 18.2 | 16.1 | 12.0 | 8.3 | 8.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Selling & Marketing | 22.7 | 23.1 | 20.5 | 21.1 | 20.2 | 20.8 | 17.8 | 17.7 | 17.4 | 15.9 | 16.9 | 15.4 | 22.2 | 14.5 | 13.2 | 12.8 | 12.5 | |||||||||||||
| General & Administrative | 18.2 | 16.9 | 15.1 | 16.3 | 17.8 | 14.3 | 17.1 | 21.4 | 19.3 | 12.5 | 15.0 | 15.6 | 12.3 | 13.1 | 12.6 | 12.1 | 13.6 | |||||||||||||
| Depreciation & Amortization | 1.7 | 1.3 | 0.9 | 0.9 | 0.8 | 0.8 | 0.7 | 0.8 | 0.9 | 1.5 | 1.2 | 1.1 | 1.1 | 1.2 | 1.3 | 1.4 | ||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Operating Expenses | (1.4) | 0.0 | (1.9) | (0.2) | (0.0) | (0.5) | (1.4) | (1.0) | (0.5) | (0.3) | (0.3) | (0.6) | (0.3) | (0.0) | (0.1) | - | - | |||||||||||||
| Total Operating Expenses | 65.1 | 60.8 | 55.6 | 56.1 | 54.2 | 50.9 | 53.9 | 59.7 | 58.0 | 45.4 | 49.9 | 49.4 | 51.2 | 45.1 | 42.2 | 40.0 | ||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | 7.6 | 4.7 | 0.9 | 1.9 | (1.5) | (6.0) | (5.5) | (12.8) | (10.6) | (2.3) | (8.0) | (14.1) | (14.4) | (11.3) | (8.7) | (15.6) | (25.8) | (11.5) | (15.7) | (18.0) | (30.3) | (40.9) | 21.8 | (31.1) | (34.1) | (41.9) | (13.4) | (5.6) | 5.7 | (2.6) |
| Non-Operating | ||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Non-Operating Income | 7.7 | 8.4 | 0.5 | (0.4) | 1.1 | 5.6 | (0.1) | (0.0) | (0.0) | 0.0 | 0.1 | (0.0) | 0.0 | (0.1) | 0.4 | 0.6 | 2.7 | |||||||||||||
| Pre-Tax Income | 15.3 | 6.1 | 7.0 | 2.9 | (0.3) | (4.7) | (4.1) | (11.3) | (9.2) | (1.1) | (7.1) | (13.5) | (14.1) | (11.3) | (8.3) | (15.0) | ||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||
| Income Tax Expense | 0.4 | 0.3 | 0.2 | (0.3) | 0.5 | 0.1 | 0.3 | 0.2 | 0.4 | 0.0 | 0.2 | 0.8 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 3.5 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.1 |
| Net Income From Continuing Ops | 14.9 | 5.8 | 6.9 | 3.1 | (0.8) | (4.9) | (4.4) | (11.6) | (9.6) | (1.1) | (7.4) | (14.2) | (14.4) | (11.6) | (8.5) | (15.2) | (23.3) | |||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income | 14.9 | 5.8 | 6.9 | 3.1 | (0.8) | (4.9) | (4.4) | (11.6) | (9.6) | (1.1) | (7.4) | (14.2) | (14.4) | (11.6) | (8.5) | (15.2) | (23.3) | |||||||||||||
| Net Income Attributable To Parent | 14.9 | 5.8 | 6.9 | 3.1 | (0.8) | (4.9) | (4.4) | (11.6) | (9.6) | (1.1) | (7.4) | (14.2) | (14.4) | (11.6) | (8.5) | (15.2) | ||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income To Common Shareholders | 14.9 | 5.8 | 6.9 | 3.1 | (0.8) | (4.9) | (4.4) | (11.6) | (9.6) | (1.1) | (7.4) | (14.2) | (14.4) | (11.6) | (8.5) | |||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||
| EPS Basic | 0.14 | - | 0.07 | 0.03 | (0.01) | - | (0.04) | (0.12) | (0.10) | (0.01) | (0.08) | (0.16) | (0.16) | (0.13) | (0.10) | (0.18) | (0.28) | (0.13) | - | (0.22) | (0.38) | (0.51) | - | (0.41) | (0.45) | (0.55) | (0.19) | (0.09) | 0.10 | (0.03) |
| EPS Diluted | 0.13 | - | 0.06 | 0.03 | (0.01) | - | (0.04) | (0.12) | (0.10) | (0.01) | (0.08) | (0.16) | (0.16) | (0.13) | (0.10) | (0.18) | (0.28) | (0.13) | ||||||||||||
| Shares Basic | 107.0 | - | 105.2 | 103.9 | 102.2 | - | 99.7 | 97.8 | 96.3 | 94.2 | 92.3 | 89.7 | 88.1 | 86.9 | 85.2 | 83.8 | 82.1 | 80.4 | ||||||||||||
| Shares Diluted | 110.5 | - | 109.6 | 108.1 | 102.2 | - | 99.7 | 97.8 | 96.3 | 94.2 | 92.3 | 89.7 | 88.1 | 86.9 | 85.2 | 83.8 | 82.1 | 80.4 | ||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||
| EBITDA | 9.3 | 6.1 | 1.8 | 2.8 | (0.6) | (5.2) | (4.7) | (12.0) | (9.7) | (0.8) | (6.8) | (13.0) | (13.3) | (10.1) | (7.4) | (14.2) | (24.2) | (9.9) | (12.7) | (15.8) | (28.0) | (38.1) | 25.5 | (28.7) | (31.9) | (39.5) | (12.3) | (4.7) | 6.2 | (2.2) |
| EBIT | 7.6 | 4.7 | 0.9 | 1.9 | (1.5) | (6.0) | (5.5) | (12.8) | (10.6) | (2.3) | (8.0) | (14.1) | (14.4) | (11.3) | (8.7) | (15.6) | (25.8) | (11.5) | (15.7) | |||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 87.3 | 84.8 | 73.7 | 66.1 | 70.1 | 48.9 | 49.1 | 57.0 | 52.6 | 34.3 |
| General & Administrative | 66.5 | 66.1 | 72.1 | 56.4 | 55.9 | 49.5 | 51.1 | 47.6 | 28.2 | 15.1 |
| Depreciation & Amortization | 4.8 | 3.9 | 3.2 | 4.7 | 4.8 | 6.0 | 10.2 | 10.7 | 5.3 | 3.7 |
| Amortization of Intangibles | - | - | - | - | - | - | 1.3 | 1.5 | 1.5 | 1.9 |
| Other Operating Expenses | (3.6) | (2.2) | (3.4) | (1.3) | (2.2) | (1.6) | 0.0 | - | - | - |
| Total Operating Expenses | 237.7 | 226.8 | 222.4 | 192.5 | 192.9 | 168.2 | 160.3 | 121.0 | 166.8 | 85.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 16.2 | 9.6 | 5.5 | 4.0 | 0.3 | 4.8 | 3.4 | 0.9 | (1.2) | 1.9 |
| Pre-Tax Income | 31.3 | 15.7 | (29.4) | (20.9) | (55.7) | (55.4) | (100.6) | (81.6) | (74.7) | 7.7 |
| (22.0) |
| (56.6) |
| (56.0) |
| (101.3) |
| (86.0) |
| (75.5) |
| 6.5 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | 30.6 | 14.9 | (30.5) | (22.0) | (56.6) | (56.0) | (101.3) | (86.0) | (75.5) | 6.5 |
| Net Income Attributable To Parent | 30.6 | 14.9 | (30.5) | (22.0) | (56.6) | (56.0) | (101.3) | (86.0) | (75.5) | 6.5 |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 30.6 | 14.9 | (30.5) | (22.0) | (56.6) | (56.0) | (101.3) | (86.0) | (75.5) | 6.5 |
| (0.65) |
| (0.68) |
| (1.30) |
| (1.14) |
| (1.12) |
| 0.11 |
| Shares Basic | 107.0 | 104.2 | 98.6 | 92.8 | 87.2 | 82.7 | 78.1 | 75.1 | 67.2 | 62.3 |
| Shares Diluted | 110.5 | 110.2 | 98.6 | 92.8 | 87.2 | 82.7 | 78.1 | 75.1 | 67.2 | 62.3 |
| (56.9) |
| (60.1) |
| (104.9) |
| (85.2) |
| (74.8) |
| 5.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.2 |
| 13.6 |
| 12.7 |
| 11.7 |
| 11.0 |
| 14.6 |
| 13.7 |
| 14.5 |
| 14.2 |
| 12.8 |
| 11.2 |
| 10.0 |
| 7.4 |
| 11.2 |
| 11.3 |
| 11.1 |
| 9.8 |
| 18.8 |
| 15.1 |
| 11.1 |
| 10.9 |
| 10.5 |
| 8.4 |
| 4.9 |
| 4.3 |
| 3.3 |
| 1.6 |
| 1.5 |
| 2.9 |
| 2.2 |
| 2.3 |
| 2.8 |
| 3.7 |
| 2.4 |
| 2.2 |
| 2.4 |
| 1.1 |
| 0.9 |
| 0.5 |
| 0.4 |
| - |
| 0.2 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 52.0 |
| 37.3 |
| 40.2 |
| 39.4 |
| 35.8 |
| 44.9 |
| (8.1) |
| 41.6 |
| 43.7 |
| 43.8 |
| 43.1 |
| 34.7 |
| 22.6 |
| 19.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.9 |
| 0.6 |
| 0.5 |
| 1.1 |
| 1.2 |
| 0.8 |
| 0.2 |
| 0.0 |
| (0.0) |
| (0.1) |
| 0.6 |
| 0.7 |
| 0.6 |
| (23.2) |
| (10.5) |
| (15.0) |
| (17.3) |
| (29.1) |
| (39.2) |
| 23.1 |
| (30.3) |
| (33.3) |
| (41.1) |
| (13.0) |
| (5.0) |
| 6.5 |
| (2.0) |
| (10.7) |
| (15.2) |
| (17.5) |
| (29.3) |
| (39.3) |
| 19.6 |
| (30.6) |
| (33.7) |
| (41.3) |
| (13.2) |
| (5.4) |
| 6.0 |
| (2.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.7) |
| (15.2) |
| (17.5) |
| (29.3) |
| (39.3) |
| 19.6 |
| (30.6) |
| (33.7) |
| (41.3) |
| (13.2) |
| (5.4) |
| 6.0 |
| (2.2) |
| (23.3) |
| (10.7) |
| (15.2) |
| (17.5) |
| (29.3) |
| (39.3) |
| 19.6 |
| (30.6) |
| (33.7) |
| (41.3) |
| (13.2) |
| (5.4) |
| 6.0 |
| (2.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.2) |
| (23.3) |
| (10.7) |
| (15.2) |
| (17.5) |
| (29.3) |
| (39.3) |
| 19.6 |
| (30.6) |
| (33.7) |
| (41.3) |
| (13.2) |
| (5.4) |
| 6.0 |
| (2.2) |
| - |
| (0.22) |
| (0.38) |
| (0.51) |
| - |
| (0.41) |
| (0.45) |
| (0.55) |
| (0.19) |
| (0.09) |
| 0.10 |
| (0.03) |
| - |
| 78.7 |
| 77.9 |
| 76.6 |
| - |
| 75.3 |
| 74.7 |
| 74.4 |
| 69.6 |
| 62.5 |
| 62.5 |
| 62.5 |
| - |
| 78.7 |
| 77.9 |
| 76.6 |
| - |
| 75.3 |
| 74.7 |
| 74.4 |
| 69.6 |
| 62.5 |
| 62.5 |
| 62.5 |
| (18.0) |
| (30.3) |
| (40.9) |
| 21.8 |
| (31.1) |
| (34.1) |
| (41.9) |
| (13.4) |
| (5.6) |
| 5.7 |
| (2.6) |