| (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 | Q3 FY 18 | Q2 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||
| Revenues | 0.0 | 30.4 | 19.0 | 19.5 | 0.1 | 24.6 | 26.2 | 28.0 | 20.2 | 32.8 | 39.7 | 35.3 | 34.9 | 54.9 | 66.3 | 58.3 | |||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 68.9 | 69.0 | 99.0 | 142.6 | 221.2 | 247.8 | 185.7 | 114.5 | 73.3 |
| Cost of Revenue | 29.8 | 29.8 | 37.6 | 72.3 | 115.7 | 125.9 | 101.0 | 69.4 | 47.3 |
| Gross Profit | 39.1 | 39.2 | 61.5 | 70.3 | 105.5 | 121.9 | 84.7 | 45.0 | 26.0 |
| Operating Expenses | |||||||||
| Research & Development | - | - | 0.0 | 4.6 | 6.0 | 9.8 | 8.1 | 10.7 | 3.7 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (17.8) | (18.0) | (11.8) | (76.2) | (178.2) | (34.1) | (34.8) | (54.3) | (29.4) |
| Non-Operating | |||||||||
| Interest Income | 0.1 | 0.1 | 0.3 | 0.7 | 0.1 | 0.6 | 0.1 | 0.1 | 0.0 |
| Interest Expense | 1.0 | 1.0 | 1.2 | 2.1 | 2.7 | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 0.0 | 0.0 | (0.0) | (0.9) | (0.4) | 0.5 | 0.0 | 0.0 | 0.1 |
| Net Income From Continuing Ops | (19.0) | (19.0) | (11.9) | (74.6) | |||||
| Per Share | |||||||||
| EPS Basic | (2.40) | (2.39) | (1.68) | (11.43) | (2.95) | (6.67) | - | - | - |
| EPS Diluted | - | - | - | - | (2.95) | ||||
| Supplementary Data | |||||||||
| EBITDA | (16.2) | (16.4) | (10.1) | (72.3) | (170.6) | (26.8) | (34.2) | (54.2) | (29.2) |
| EBIT | (17.8) | (18.0) | (11.8) | (76.2) | (178.2) | ||||
| 41.7 |
| 63.3 |
| 68.1 |
| 68.2 |
| 48.1 |
| 41.5 |
| 58.8 |
| 59.8 |
| 25.6 |
| 25.6 |
| 40.6 |
| 30.4 |
| 17.8 |
| 24.7 |
| 14.6 |
| Cost of Revenue | 0.0 | 12.6 | 8.4 | 8.9 | 0.0 | 9.0 | 10.4 | 11.1 | 7.0 | 16.0 | 20.1 | 20.4 | 15.8 | 34.5 | 36.1 | 26.9 | 18.1 | 34.4 | 33.9 | 35.4 | 22.1 | 22.7 | 30.7 | 32.2 | 15.3 | 16.6 | 23.1 | 18.6 | 11.2 | 14.3 | 10.8 |
| Gross Profit | 0.0 | 17.9 | 10.7 | 10.6 | 0.1 | 15.6 | 15.8 | 16.9 | 13.2 | 16.7 | 19.6 | 14.9 | 19.1 | 20.4 | 30.2 | 31.4 | 23.6 | 28.9 | 34.2 | 32.7 | 26.1 | 18.8 | 28.1 | 27.6 | 10.3 | 9.1 | 17.5 | 11.8 | 6.7 | 10.4 | 3.8 |
| Operating Expenses | |||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | 0.9 | 1.7 | 1.2 | 1.4 | 1.7 | 1.7 | 1.1 | 2.6 | 2.8 | 2.3 | 2.1 | 1.6 | 1.8 | 2.5 | 2.3 | 2.9 | 3.2 | 3.3 | 1.2 | 0.8 | 0.9 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Selling & Marketing | 0.3 | 19.2 | 9.8 | 12.4 | 0.0 | 13.7 | 13.9 | 15.2 | 13.2 | 20.2 | 20.9 | 20.6 | 20.2 | 32.5 | 33.8 | 31.9 | 23.0 | ||||||||||||||
| General & Administrative | 2.9 | 2.9 | 2.9 | 2.7 | 3.4 | 3.5 | 3.6 | 4.9 | 5.2 | 3.7 | 4.3 | 6.3 | 6.0 | 8.8 | 10.4 | 9.6 | 9.5 | ||||||||||||||
| Depreciation & Amortization | 0.0 | 0.8 | 0.4 | 0.4 | 0.0 | 0.4 | 0.4 | 0.4 | 0.4 | - | - | - | 1.8 | - | - | - | |||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Total Operating Expenses | 3.2 | 25.9 | 12.7 | 15.1 | 3.4 | 17.2 | 17.6 | 20.1 | 18.4 | 25.0 | 26.1 | 51.3 | 44.1 | 43.2 | 139.1 | 41.5 | |||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | (3.2) | (8.1) | (2.0) | (4.5) | (3.3) | (1.6) | (1.7) | (3.2) | (5.3) | (8.2) | (6.5) | (36.4) | (25.0) | (22.8) | (108.9) | (10.1) | (36.3) | (3.3) | (7.5) | 4.5 | (27.8) | (19.1) | 0.1 | (1.8) | (13.9) | (17.5) | (14.1) | (15.6) | (7.1) | (4.7) | (8.4) |
| Non-Operating | |||||||||||||||||||||||||||||||
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | - | 0.0 | - | - | 0.0 | 0.1 | 0.1 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | - | - |
| Interest Expense | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.5 | 0.5 | 0.6 | 0.7 | 0.9 | 0.3 | 0.8 | 0.8 | |||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Other Non-Operating Income | 0.0 | (0.1) | 0.0 | (0.2) | (0.0) | 0.2 | (0.2) | (0.0) | (0.0) | (0.2) | 0.1 | (0.2) | (0.1) | - | 0.2 | - | 0.0 | ||||||||||||||
| Pre-Tax Income | (3.4) | (8.4) | (2.3) | (4.8) | (3.4) | (1.4) | (2.0) | (3.4) | (5.1) | (8.7) | (6.2) | (34.8) | (25.8) | (20.4) | (117.0) | (16.5) | |||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | (0.2) | 0.2 | 0.1 | (1.0) | 0.1 | 0.0 | 0.0 | - | (0.1) | (0.2) | - | - | 0.0 | 0.0 | - | - | - | 0.0 | - | - | 0.0 | 0.0 | - | - | 0.0 |
| Net Income From Continuing Ops | (3.4) | (8.4) | (2.3) | (4.9) | (3.4) | (1.3) | (1.8) | (3.6) | (5.2) | (7.7) | (6.3) | (34.8) | (25.8) | (20.3) | (116.9) | (16.3) | (42.8) | ||||||||||||||
| Net Income From Discontinued Ops | (2.7) | - | - | - | (0.5) | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Net Income | (6.1) | (7.9) | (2.3) | (4.9) | (3.9) | (1.3) | (1.8) | (3.6) | (5.2) | (7.7) | (6.3) | (34.8) | (25.8) | (20.3) | (116.9) | (16.3) | (42.8) | ||||||||||||||
| Net Income Attributable To Parent | (6.1) | (7.9) | (2.3) | (4.9) | (3.9) | (1.3) | (1.8) | (3.6) | (5.2) | (7.7) | (6.3) | (34.8) | (25.8) | (20.3) | (116.9) | (16.3) | |||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Net Income To Common Shareholders | (6.1) | (7.9) | (2.3) | (4.9) | (3.9) | (1.3) | (1.8) | (3.6) | (5.2) | (7.7) | (6.3) | (34.8) | (25.8) | (20.3) | (116.9) | ||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||
| EPS Basic | (0.69) | - | (0.28) | (0.63) | (0.52) | - | (0.25) | (0.52) | (0.76) | - | (0.95) | (5.37) | (4.03) | - | (1.81) | (0.26) | (0.78) | - | (3.13) | (1.23) | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | (0.45) | (0.34) | - | (1.81) | (0.26) | (0.78) | - | |||||||||||||
| Shares Basic | 8.8 | - | 8.2 | 7.7 | 7.5 | - | 7.2 | 7.0 | 6.8 | - | 6.6 | 6.5 | 6.4 | - | 64.6 | 63.9 | 55.1 | - | |||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | 77.6 | 76.7 | - | 64.6 | 63.9 | 55.1 | - | |||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||
| EBITDA | (3.2) | (7.3) | (1.6) | (4.1) | (3.3) | (1.2) | (1.3) | (2.8) | (4.9) | - | - | - | (23.2) | - | - | - | (34.5) | - | - | - | (26.5) | - | - | - | (13.9) | - | - | - | (7.1) | - | - |
| EBIT | (3.2) | (8.1) | (2.0) | (4.5) | (3.3) | (1.6) | (1.7) | (3.2) | (5.3) | (8.2) | (6.5) | (36.4) | (25.0) | (22.8) | (108.9) | (10.1) | (36.3) | (3.3) | (7.5) | ||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 41.7 | 41.5 | 56.0 | 81.9 | 121.1 | 127.4 | 68.0 | 55.2 | 40.5 |
| General & Administrative | 11.4 | 11.8 | 17.3 | 20.2 | 38.2 | 45.1 | 30.6 | 33.5 | 11.3 |
| Depreciation & Amortization | 1.6 | 1.6 | 1.7 | 3.9 | 7.5 | 7.3 | 0.6 | 0.2 | 0.3 |
| Amortization of Intangibles | - | 1.6 | 1.6 | 1.6 | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 57.0 | 57.1 | 73.3 | 146.5 | 283.7 | 155.9 | 119.5 | 99.4 | 55.4 |
| 13.3 |
| 5.0 |
| 4.5 |
| 2.4 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.2) | (0.2) | (0.1) | (0.3) | 0.3 | (0.0) | 0.0 | (0.0) | 0.0 |
| Pre-Tax Income | (19.0) | (18.9) | (11.9) | (75.4) | (196.7) | (235.5) | (63.1) | (58.8) | (31.8) |
| (196.3) |
| (236.0) |
| (63.1) |
| (58.8) |
| (31.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (21.2) | (19.0) | (11.9) | (74.6) | (196.3) | (236.0) | (63.1) | (58.8) | (31.8) |
| Net Income Attributable To Parent | (21.2) | (19.0) | (11.9) | (74.6) | (196.3) | (236.0) | (63.1) | (58.8) | (31.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (21.2) | (19.0) | (11.9) | (74.6) | (196.3) | (236.0) | (63.1) | (58.8) | (31.8) |
| (6.67) |
| - |
| - |
| - |
| Shares Basic | 8.8 | 7.9 | 7.1 | 6.5 | 66.5 | 35.4 | - | - | - |
| Shares Diluted | - | - | - | - | 66.5 | 35.4 | - | - | - |
| (34.1) |
| (34.8) |
| (54.3) |
| (29.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 30.7 |
| 32.3 |
| 39.3 |
| 25.1 |
| 16.5 |
| 18.9 |
| 18.6 |
| 13.9 |
| 14.1 |
| 18.1 |
| 13.7 |
| 9.3 |
| 11.6 |
| 8.2 |
| 13.3 |
| 10.8 |
| 10.0 |
| 11.0 |
| 7.1 |
| 7.2 |
| 8.4 |
| 8.0 |
| 9.6 |
| 10.3 |
| 10.3 |
| 3.4 |
| 2.8 |
| 3.1 |
| 1.8 |
| - |
| - |
| - |
| 1.2 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 59.9 |
| 32.1 |
| 41.7 |
| 28.3 |
| 53.8 |
| 37.9 |
| 28.0 |
| 29.4 |
| 24.2 |
| 26.6 |
| 31.6 |
| 27.4 |
| 13.8 |
| 15.1 |
| 12.2 |
| 2.9 |
| 4.8 |
| 4.8 |
| 1.9 |
| 1.0 |
| 1.1 |
| 1.1 |
| 1.1 |
| 1.0 |
| 1.3 |
| 1.2 |
| 0.4 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (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) |
| (42.8) |
| (6.1) |
| (110.5) |
| (36.3) |
| (82.6) |
| (44.4) |
| (0.8) |
| (2.9) |
| (15.0) |
| (18.5) |
| (15.0) |
| (16.9) |
| (8.4) |
| (5.1) |
| (8.9) |
| (6.6) |
| (110.6) |
| (36.3) |
| (82.6) |
| (44.4) |
| (0.8) |
| (2.9) |
| (15.0) |
| (18.5) |
| (15.0) |
| (16.9) |
| (8.4) |
| (5.1) |
| (8.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.6) |
| (110.6) |
| (36.3) |
| (82.6) |
| (44.4) |
| (0.8) |
| (2.9) |
| (15.0) |
| (18.5) |
| (15.0) |
| (16.9) |
| (8.4) |
| (5.1) |
| (8.9) |
| (42.8) |
| (6.6) |
| (110.6) |
| (36.3) |
| (82.6) |
| (44.4) |
| (0.8) |
| (2.9) |
| (15.0) |
| (18.5) |
| (15.0) |
| (16.9) |
| (8.4) |
| (5.1) |
| (8.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.3) |
| (42.8) |
| (6.6) |
| (110.6) |
| (36.3) |
| (82.6) |
| (44.4) |
| (0.8) |
| (2.9) |
| (15.0) |
| (18.5) |
| (15.0) |
| (16.9) |
| (8.4) |
| (5.1) |
| (8.9) |
| (3.13) |
| (1.23) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 35.4 |
| 29.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 35.4 |
| 29.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.5 |
| (27.8) |
| (19.1) |
| 0.1 |
| (1.8) |
| (13.9) |
| (17.5) |
| (14.1) |
| (15.6) |
| (7.1) |
| (4.7) |
| (8.4) |