| (in millions of USD, except per-share data) | Q4 FY 26 | Q3 FY 26 | Q2 FY 26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||
| Revenues | 86.6 | 98.4 | 107.0 | 102.9 | 115.4 | 126.4 | 126.1 | 116.2 | 121.5 | 125.1 | 123.0 | 120.6 | 126.0 | 134.3 | 143.8 | 131.2 | ||||||||
| (in millions of USD, except per-share data) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 394.8 | 484.2 | 490.2 | 535.3 | 507.4 | 378.6 | 224.3 |
| Cost of Revenue | 153.0 | 182.2 | 188.0 | 227.2 | 225.3 | 152.7 | 88.9 |
| Gross Profit | 241.9 | 302.0 | 302.2 | 308.1 | 282.1 | 225.9 | 135.4 |
| Operating Expenses | |||||||
| Research & Development | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (40.2) | (35.1) | (45.5) | (63.8) | (94.2) | (20.6) | (26.6) |
| Non-Operating | |||||||
| Interest Income | 1.9 | 4.9 | 7.5 | 1.1 | 0.0 | - | - |
| Interest Expense | 1.9 | 2.8 | 4.4 | 5.4 | 5.5 | 10.9 | 5.4 |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (39.0) | (32.9) | (37.0) | (61.5) | (68.3) | (31.4) | |
| Per Share | |||||||
| EPS Basic | (4.57) | (3.77) | (4.18) | (0.35) | (0.44) | (0.68) | (0.70) |
| EPS Diluted | (4.57) | (3.77) | (4.18) | (0.35) | (0.44) | (0.68) | (0.70) |
| Supplementary Data | |||||||
| EBITDA | (31.1) | (23.9) | (32.9) | (54.4) | (89.8) | (18.2) | (25.2) |
| EBIT | (40.2) | (35.1) | (45.5) | (63.8) | (94.2) | (20.6) | (26.6) |
| 128.8 |
| 140.8 |
| 120.2 |
| 117.6 |
| 112.2 |
| 105.2 |
| 86.4 |
| 74.8 |
| Cost of Revenue | 32.3 | 36.9 | 45.0 | 38.8 | 42.1 | 47.2 | 50.0 | 42.9 | 45.3 | 47.8 | 47.4 | 47.6 | 54.2 | 54.1 | 63.5 | 55.3 | 64.8 | 62.4 | 50.3 | 47.8 | 44.2 | 45.7 | 34.9 | 27.9 |
| Gross Profit | 54.3 | 61.6 | 62.0 | 64.1 | 73.4 | 79.3 | 76.1 | 73.3 | 76.2 | 77.2 | 75.6 | 73.0 | 71.8 | 80.2 | 80.3 | 75.8 | 64.0 | 78.4 | 69.9 | 69.8 | 68.0 | 59.5 | 51.6 | 46.9 |
| Operating Expenses | ||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| General & Administrative | 53.9 | 54.5 | 57.2 | 57.3 | 62.7 | 64.1 | 63.1 | 63.4 | 63.9 | 66.1 | 68.9 | 69.4 | 69.2 | 80.2 | 74.2 | 79.6 | 85.5 | |||||||
| Depreciation & Amortization | - | - | - | 2.5 | - | - | - | 2.9 | - | - | - | 2.9 | - | - | - | 1.9 | ||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Total Operating Expenses | 66.5 | 70.5 | 72.6 | 72.4 | 80.0 | 91.5 | 81.8 | 83.9 | 82.7 | 91.2 | 86.7 | 87.0 | 84.6 | 101.9 | 89.5 | 96.0 | ||||||||
| Operating Income | ||||||||||||||||||||||||
| Operating Income | (12.2) | (9.0) | (10.7) | (8.4) | (6.6) | (12.2) | (5.7) | (10.6) | (6.4) | (14.0) | (11.1) | (14.0) | (12.8) | (21.7) | (9.1) | (20.1) | (34.8) | (27.1) | (15.4) | (16.9) | (3.9) | (19.3) | (0.7) | 3.3 |
| Non-Operating | ||||||||||||||||||||||||
| Interest Income | 0.1 | 0.3 | 0.7 | 0.8 | 0.9 | 1.2 | 1.4 | 1.5 | 1.7 | 1.7 | 2.0 | 2.1 | - | 0.1 | 0.0 | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | 0.4 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 2.8 | 0.9 | 1.4 | (0.8) | 1.4 | 1.3 | 1.3 | 1.4 | 1.3 | 1.3 | ||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Other Non-Operating Income | (0.6) | 0.5 | 0.0 | 1.2 | 0.3 | 0.2 | (0.2) | (0.2) | 0.6 | 3.0 | 0.1 | 1.6 | (1.0) | 1.7 | (0.2) | 6.1 | (0.5) | |||||||
| Pre-Tax Income | (12.7) | (8.6) | (10.7) | (7.0) | (6.1) | (11.5) | (5.3) | (10.0) | (4.9) | (10.1) | (10.3) | (11.7) | (14.2) | (21.3) | (10.6) | (15.4) | ||||||||
| Tax & Net | ||||||||||||||||||||||||
| Income Tax Expense | 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 | 0.0 |
| Net Income From Continuing Ops | (12.7) | (8.6) | (10.7) | (7.0) | (6.1) | (11.5) | (5.3) | (10.0) | (4.9) | (10.1) | (10.3) | (11.7) | (14.2) | (21.3) | (10.6) | (15.4) | (36.7) | |||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Net Income | (12.7) | (8.6) | (10.7) | (7.0) | (6.1) | (11.5) | (5.3) | (10.0) | (4.9) | (10.1) | (10.3) | (11.7) | (14.2) | (21.3) | (10.6) | (15.4) | (36.7) | |||||||
| Net Income Attributable To Parent | (12.7) | (8.6) | (10.7) | (7.0) | (6.1) | (11.5) | (5.3) | (10.0) | (4.9) | (10.1) | (10.3) | (11.7) | (14.2) | (21.3) | (10.6) | (15.4) | ||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Net Income To Common Shareholders | (12.7) | (8.6) | (10.7) | (7.0) | (6.1) | (11.5) | (5.3) | (10.0) | (4.9) | (10.1) | (10.3) | (11.7) | (14.2) | (21.3) | (10.6) | |||||||||
| Per Share | ||||||||||||||||||||||||
| EPS Basic | - | (0.05) | (0.06) | (0.04) | - | (0.07) | (0.03) | (0.06) | - | (0.06) | (0.06) | (0.07) | - | (0.12) | (0.06) | (0.09) | - | (0.08) | 0.04 | (0.23) | - | (0.54) | (0.03) | 0.08 |
| EPS Diluted | - | (0.05) | (0.06) | (0.04) | - | (0.07) | (0.03) | (0.06) | - | (0.06) | (0.06) | (0.07) | - | (0.12) | (0.06) | (0.09) | - | (0.08) | ||||||
| Shares Basic | - | 172.4 | 170.8 | 169.2 | - | 175.6 | 175.1 | 175.6 | - | 175.5 | 177.0 | 177.7 | - | 177.7 | 176.5 | 175.5 | - | 172.6 | ||||||
| Shares Diluted | - | 172.4 | 170.8 | 169.2 | - | 175.6 | 175.1 | 175.6 | - | 175.5 | 177.0 | 177.7 | - | 177.7 | 176.5 | 175.5 | - | 172.6 | ||||||
| Supplementary Data | ||||||||||||||||||||||||
| EBITDA | - | - | - | (5.8) | - | - | - | (7.7) | - | - | - | (11.1) | - | - | - | (18.3) | - | - | - | (16.0) | - | - | - | 3.8 |
| EBIT | (12.2) | (9.0) | (10.7) | (8.4) | (6.6) | (12.2) | (5.7) | (10.6) | (6.4) | (14.0) | (11.1) | (14.0) | (12.8) | (21.7) | (9.1) | (20.1) | (34.8) | (27.1) | (15.4) | |||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 222.9 | 253.4 | 268.4 | 303.1 | 301.9 | 179.5 | 115.9 |
| Depreciation & Amortization | 9.1 | 11.2 | 12.6 | 9.4 | 4.4 | 2.4 | 1.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 282.1 | 337.1 | 347.7 | 371.9 | 376.3 | 246.5 | 162.0 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.1 | 0.1 | 5.3 | 6.7 | 31.3 | 0.1 | 0.7 |
| Pre-Tax Income | (39.0) | (32.9) | (37.0) | (61.5) | (68.3) | (31.4) | (31.4) |
| (31.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (39.0) | (32.9) | (37.0) | (61.5) | (68.3) | (31.4) | (31.4) |
| Net Income Attributable To Parent | (39.0) | (32.9) | (37.0) | (61.5) | (68.3) | (31.4) | (31.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (39.0) | (32.9) | (37.0) | (61.5) | (68.3) | (31.4) | (31.4) |
| Shares Basic | 8.5 | 8.7 | 8.9 | 176.7 | 156.2 | 46.3 | 45.1 |
| Shares Diluted | 8.5 | 8.7 | 8.9 | 176.7 | 156.2 | 46.3 | 45.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 78.6 |
| 68.2 |
| 69.5 |
| 55.6 |
| 52.6 |
| 39.3 |
| 32.0 |
| - |
| - |
| - |
| 0.8 |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 98.9 |
| 105.5 |
| 85.3 |
| 86.6 |
| 71.9 |
| 78.8 |
| 52.2 |
| 43.6 |
| 1.3 |
| 1.6 |
| 2.5 |
| 5.0 |
| 1.9 |
| 1.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.1 |
| 23.2 |
| (6.4) |
| (0.6) |
| (0.7) |
| 1.2 |
| 0.2 |
| (36.7) |
| (13.2) |
| 6.5 |
| (24.8) |
| (7.1) |
| (25.0) |
| (1.4) |
| 2.0 |
| (13.2) |
| 6.5 |
| (24.8) |
| (7.1) |
| (25.0) |
| (1.4) |
| 2.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.2) |
| 6.5 |
| (24.8) |
| (7.1) |
| (25.0) |
| (1.4) |
| 2.0 |
| (36.7) |
| (13.2) |
| 6.5 |
| (24.8) |
| (7.1) |
| (25.0) |
| (1.4) |
| 2.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.4) |
| (36.7) |
| (13.2) |
| 6.5 |
| (24.8) |
| (5.5) |
| (25.0) |
| (1.4) |
| 0.4 |
| 0.04 |
| (0.23) |
| - |
| (0.54) |
| (0.03) |
| 0.05 |
| 169.2 |
| 108.8 |
| - |
| 46.2 |
| 45.9 |
| 5.2 |
| 177.0 |
| 108.8 |
| - |
| 46.2 |
| 45.9 |
| 9.6 |
| (16.9) |
| (3.9) |
| (19.3) |
| (0.7) |
| 3.3 |