| (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 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | - | - | - | - | - | 351.4 | 48.6 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 159.6 | 148.0 | 144.1 | 114.2 | 81.9 | 167.2 | 38.0 | 10.2 | 6.7 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (189.9) | (180.9) | (193.0) | (164.2) | (130.7) | 138.4 | (11.0) | (14.6) | (9.5) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | (6.3) | (6.2) | 0.9 | 1.0 | (3.6) | 17.4 | - | - | - |
| Net Income From Continuing Ops | (169.5) | (158.3) | (168.4) | (136.0) | |||||
| Per Share | |||||||||
| EPS Basic | (2.14) | (1.94) | (2.00) | (1.63) | (1.39) | 1.46 | (0.51) | (1.39) | - |
| EPS Diluted | (2.14) | (1.94) | (2.00) | (1.63) | (1.39) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | (180.5) | (192.5) | (163.7) | (130.4) | 138.4 | (11.0) | (14.6) | (9.5) |
| EBIT | (189.9) | (180.9) | (193.0) | (164.2) | (130.7) | ||||
| - |
| 192.2 |
| 32.8 |
| 60.4 |
| 66.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 41.1 | 47.8 | 38.3 | 32.3 | 29.6 | 25.7 | 26.2 | 34.7 | 57.6 | 35.0 | 28.2 | 22.1 | 29.0 | 27.5 | 4.9 | 19.9 | 29.6 | 57.8 | 43.0 | 39.8 | 26.6 | 13.8 | 13.6 | 7.8 | 2.8 | - | 2.4 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 6.9 | 7.1 | 7.2 | 9.1 | 9.5 | 13.4 | 11.0 | 12.2 | 12.2 | 11.5 | 12.6 | 13.2 | 12.6 | 12.4 | 11.4 | 12.4 | 12.5 | ||||||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 48.0 | 54.9 | 45.6 | 41.3 | 39.0 | 39.0 | 37.2 | 46.9 | 69.8 | 46.6 | 40.8 | 35.2 | 41.6 | 39.9 | 16.3 | 32.3 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (48.0) | (54.9) | (45.6) | (41.3) | (39.0) | (39.0) | (37.2) | (46.9) | (69.8) | (46.6) | (40.8) | (35.2) | (41.6) | (39.9) | (16.3) | (32.3) | (42.2) | 121.2 | (22.1) | 8.7 | 30.7 | 20.6 | (17.6) | (10.0) | (4.0) | - | (3.8) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Pre-Tax Income | (45.4) | (51.6) | (41.9) | (37.0) | (34.1) | (33.3) | (30.9) | (40.3) | (62.9) | (38.8) | (32.9) | (27.9) | (35.3) | (34.3) | (11.9) | (31.2) | |||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | 0.1 | (6.8) | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.3 | 0.2 | 0.1 | (3.8) | 0.1 | 0.0 | - | 6.1 | 7.2 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (45.4) | (44.9) | (42.0) | (37.2) | (34.3) | (33.5) | (31.2) | (40.5) | (63.2) | (39.2) | (33.1) | (28.2) | (35.5) | (34.4) | (8.1) | (31.3) | (42.1) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (45.4) | (44.9) | (42.0) | (37.2) | (34.3) | (33.5) | (31.2) | (40.5) | (63.2) | (39.2) | (33.1) | (28.2) | (35.5) | (34.4) | (8.1) | (31.3) | (42.1) | ||||||||||||
| Net Income Attributable To Parent | (45.4) | (44.9) | (42.0) | (37.2) | (34.3) | (33.5) | (31.2) | (40.5) | (63.2) | (39.2) | (33.1) | (28.2) | (35.5) | (34.4) | (8.1) | (31.3) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (45.4) | (44.9) | (42.0) | (37.2) | (34.3) | (33.5) | (31.2) | (40.5) | (63.2) | (39.2) | (33.1) | (28.2) | (35.5) | (34.4) | (8.1) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.57) | - | (0.53) | (0.44) | (0.40) | - | (0.37) | (0.48) | (0.75) | - | (0.40) | (0.34) | (0.43) | - | (0.10) | (0.38) | (0.51) | - | (0.34) | 0.02 | 0.37 | - | (1.74) | (0.99) | (0.40) | - | - | - | - |
| EPS Diluted | (0.57) | - | (0.53) | (0.44) | (0.40) | - | (0.37) | (0.48) | (0.75) | - | (0.40) | (0.34) | (0.43) | - | (0.10) | (0.38) | (0.51) | - | |||||||||||
| Shares Basic | 79.2 | - | 79.1 | 83.7 | 85.2 | - | 84.4 | 84.3 | 83.9 | - | 83.4 | 83.4 | 83.3 | - | 83.3 | 83.3 | 83.2 | - | |||||||||||
| Shares Diluted | 79.2 | - | 79.1 | 83.7 | 85.2 | - | 84.4 | 84.3 | 83.9 | - | 83.4 | 83.4 | 83.3 | - | 83.3 | 83.3 | 83.2 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (47.9) | - | - | - | (38.9) | - | - | - | (69.7) | - | - | - | (41.5) | - | - | - | (42.2) | - | - | - | 30.7 | - | (17.6) | - | (4.0) | - | (3.8) | - | - |
| EBIT | (48.0) | (54.9) | (45.6) | (41.3) | (39.0) | (39.0) | (37.2) | (46.9) | (69.8) | (46.6) | (40.8) | (35.2) | (41.6) | (39.9) | (16.3) | (32.3) | (42.2) | 121.2 | (22.1) | ||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 30.3 | 32.9 | 48.8 | 49.9 | 48.7 | 45.8 | 21.6 | 4.4 | 2.8 |
| Depreciation & Amortization | - | 0.4 | 0.4 | 0.4 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 189.9 | 180.9 | 193.0 | 164.2 | 130.7 | 213.0 | 59.7 | 14.6 | 9.5 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | (175.8) | (164.5) | (167.5) | (134.9) | (119.5) | 138.6 | (10.9) | (14.0) | - |
| (115.9) |
| 121.2 |
| (10.9) |
| (14.0) |
| (9.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (169.5) | (158.3) | (168.4) | (136.0) | (115.9) | 121.2 | (10.9) | (14.0) | (9.1) |
| Net Income Attributable To Parent | (169.5) | (158.3) | (168.4) | (136.0) | (115.9) | 121.2 | (10.9) | (14.0) | (9.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (169.5) | (158.3) | (168.4) | (136.0) | (115.9) | 121.2 | (10.9) | (14.0) | (9.1) |
| 1.37 |
| (0.51) |
| (1.39) |
| - |
| Shares Basic | 79.2 | 81.5 | 84.3 | 83.4 | 83.2 | 82.8 | 21.6 | 10.1 | - |
| Shares Diluted | 79.2 | 81.5 | 84.3 | 83.4 | 83.2 | 88.2 | 21.6 | 10.1 | - |
| 138.4 |
| (11.0) |
| (14.6) |
| (9.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.2 |
| 11.9 |
| 11.9 |
| 8.8 |
| 14.1 |
| 4.0 |
| 2.2 |
| 1.2 |
| - |
| 1.4 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 42.2 |
| 71.0 |
| 55.0 |
| 51.7 |
| 35.3 |
| 28.0 |
| 17.6 |
| 10.0 |
| 4.0 |
| - |
| 3.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (42.1) |
| 121.2 |
| (22.1) |
| 8.7 |
| 30.7 |
| - |
| (17.6) |
| (10.0) |
| - |
| - |
| - |
| - |
| - |
| 117.1 |
| (28.2) |
| 1.5 |
| 30.7 |
| 20.7 |
| (17.6) |
| (10.0) |
| (4.0) |
| (4.7) |
| (3.6) |
| (3.6) |
| (2.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 117.1 |
| (28.2) |
| 1.5 |
| 30.7 |
| 20.7 |
| (17.6) |
| (10.0) |
| (4.0) |
| (4.7) |
| (3.6) |
| (3.6) |
| (2.2) |
| (42.1) |
| 117.1 |
| (28.2) |
| 1.5 |
| 30.7 |
| 20.7 |
| (17.6) |
| (10.0) |
| (4.0) |
| (4.7) |
| (3.6) |
| (3.6) |
| (2.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (31.3) |
| (42.1) |
| 117.1 |
| (28.2) |
| 1.5 |
| 30.7 |
| 20.7 |
| (17.6) |
| (10.0) |
| (4.0) |
| (4.7) |
| (3.6) |
| (3.6) |
| (2.2) |
| (0.34) |
| 0.02 |
| 0.34 |
| - |
| (1.74) |
| (0.99) |
| (0.40) |
| - |
| - |
| - |
| - |
| 82.8 |
| 82.7 |
| 82.6 |
| - |
| 10.1 |
| 10.1 |
| 10.1 |
| - |
| - |
| - |
| - |
| 82.8 |
| 88.1 |
| 89.1 |
| - |
| 10.1 |
| 10.1 |
| 10.1 |
| - |
| - |
| - |
| - |
| 8.7 |
| 30.7 |
| 20.6 |
| (17.6) |
| (10.0) |
| (4.0) |
| - |
| (3.8) |
| - |
| - |