| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | 34.4 | 27.3 | 33.1 | 32.5 | 34.8 | 43.8 | 41.5 | 39.8 | 33.1 | 40.6 | 34.0 | 38.5 | 42.2 | 40.4 | 40.7 | 37.6 | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 127.4 | 127.7 | 158.2 | 155.2 | 155.0 | 145.6 | 73.6 |
| Cost of Revenue | 94.5 | 99.2 | 113.0 | 114.6 | 112.0 | 111.5 | 56.1 |
| Gross Profit | 32.8 | 28.5 | 45.2 | 40.6 | 43.0 | 34.1 | 17.5 |
| Operating Expenses | |||||||
| Research & Development | 18.1 | 16.8 | 10.9 | 5.0 | 8.4 | 6.0 | 0.1 |
| Selling General & Administrative | 101.6 | 95.1 | 80.0 | 71.1 | 84.8 | ||
| Operating Income | |||||||
| Operating Income | (216.9) | (213.9) | (133.4) | (39.0) | (110.5) | (78.5) | 6.4 |
| Non-Operating | |||||||
| Interest Income | - | 13.3 | 2.3 | 0.4 | - | - | - |
| Interest Expense | 13.3 | 18.1 | 25.6 | 24.9 | 14.4 | 7.8 | 0.1 |
| Tax & Net | |||||||
| Income Tax Expense | (21.7) | (21.7) | (0.3) | (0.2) | (1.9) | 1.1 | 0.0 |
| Net Income From Continuing Ops | (288.7) | (293.9) | (295.5) | (70.7) | (111.4) | (123.6) | |
| Per Share | |||||||
| EPS Basic | (0.61) | (0.82) | (1.27) | (0.47) | (0.87) | (1.15) | - |
| EPS Diluted | (0.61) | (0.82) | (1.27) | (0.47) | (0.87) | (1.15) | - |
| Supplementary Data | |||||||
| EBITDA | - | (198.6) | (121.5) | (31.1) | (102.8) | (71.2) | 6.4 |
| EBIT | (216.9) | (213.9) | (133.4) | (39.0) | (110.5) | (78.5) | 6.4 |
| 36.4 |
| 33.5 |
| 40.2 |
| 36.3 |
| 35.6 |
| Cost of Revenue | 22.7 | 21.8 | 25.7 | 24.4 | 27.4 | 27.4 | 30.7 | 28.7 | 26.1 | 27.5 | 25.6 | 29.5 | 31.9 | 28.6 | 28.9 | 28.0 | 26.5 | 29.7 | 29.4 | 27.1 | 25.3 |
| Gross Profit | 11.7 | 5.5 | 7.4 | 8.1 | 7.4 | 16.4 | 10.8 | 11.1 | 7.0 | 13.0 | 8.4 | 9.0 | 10.2 | 11.8 | 11.8 | 9.6 | 9.9 | 3.8 | 10.8 | 9.2 | 10.3 |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 5.5 | 4.8 | 3.4 | 4.4 | 4.2 | 2.3 | 3.8 | 3.6 | 1.1 | 2.0 | (0.3) | 2.2 | 1.1 | 1.2 | 1.8 | 2.5 | 2.9 | 1.9 | 1.4 | 1.9 | 0.9 |
| Selling General & Administrative | 29.2 | 25.7 | 25.3 | 21.5 | 22.7 | 22.2 | 17.5 | 23.4 | 16.9 | 18.2 | 15.5 | 16.9 | 20.4 | 15.6 | 20.2 | 27.0 | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Depreciation & Amortization | 7.1 | - | - | - | 3.5 | - | - | - | 2.4 | - | - | - | 2.0 | - | - | - | |||||
| Amortization of Intangibles | 6.9 | 4.1 | 4.0 | 3.3 | 3.4 | 3.0 | 3.2 | 2.8 | 2.3 | 1.9 | 1.9 | 1.9 | 1.9 | - | 1.9 | 1.8 | - | ||||
| Other Operating Expenses | (0.0) | (6.0) | 2.9 | 1.9 | (0.3) | (1.8) | 0.6 | 0.6 | 0.5 | (0.1) | 0.1 | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 | (0.0) | ||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (24.3) | (80.5) | (21.9) | (90.3) | (21.2) | (8.1) | (10.5) | (16.7) | (98.1) | (8.6) | (8.2) | (10.2) | (12.0) | (26.4) | (12.4) | (55.3) | (16.4) | (72.0) | (2.6) | (3.1) | (0.8) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 3.8 | - | - | - | 0.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 |
| Interest Expense | 0.3 | 4.0 | 4.6 | 4.4 | 5.1 | 6.3 | 6.6 | 6.5 | 6.4 | 14.2 | 3.5 | 3.6 | 3.6 | 3.8 | 3.6 | 3.6 | 3.6 | 2.2 | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Pre-Tax Income | (56.7) | (27.6) | 2.5 | (228.6) | (62.0) | (138.5) | (15.1) | (14.4) | (127.8) | (31.8) | 4.0 | (16.9) | (26.2) | (20.0) | (15.9) | (58.7) | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | 0.0 | (21.8) | 0.0 | 0.0 | 0.0 | (0.3) | 0.0 | 0.0 | (0.0) | (0.3) | (0.0) | (0.0) | 0.1 | (0.4) | 0.3 | (1.8) | 0.1 | 4.4 | (1.3) | (1.8) | (0.2) |
| Net Income From Continuing Ops | (56.8) | (5.8) | 2.5 | (228.6) | (62.0) | (138.2) | (15.1) | (14.4) | (127.8) | (31.5) | 4.0 | (16.9) | (26.2) | (19.6) | (16.1) | (56.8) | (18.8) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (56.8) | (5.8) | 2.5 | (228.6) | (62.0) | (138.2) | (15.1) | (14.4) | (127.8) | (31.5) | 4.0 | (16.9) | (26.2) | (19.6) | (16.1) | (56.8) | (18.8) | ||||
| Net Income Attributable To Parent | (56.8) | (5.8) | 2.5 | (228.6) | (62.0) | (138.2) | (15.1) | (14.4) | (127.8) | (31.5) | 4.0 | (16.9) | (26.2) | (19.6) | (16.1) | (56.8) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (56.8) | (5.8) | 2.5 | (228.6) | (62.0) | (138.2) | (15.1) | (14.4) | (127.8) | (31.5) | 4.0 | (16.9) | (26.2) | (19.6) | (16.1) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.12) | - | 0.01 | (0.71) | (0.25) | - | (0.06) | (0.06) | (0.68) | - | 0.03 | (0.12) | (0.19) | - | (0.13) | (0.45) | (0.14) | - | (0.03) | (0.03) | (0.02) |
| EPS Diluted | (0.12) | - | (0.03) | (0.71) | (0.25) | - | (0.06) | (0.06) | (0.68) | - | 0.03 | (0.12) | (0.19) | - | (0.13) | (0.45) | (0.14) | - | |||
| Shares Basic | 473.1 | - | 396.6 | 320.6 | 252.3 | - | 250.0 | 246.3 | 187.3 | - | 155.8 | 145.5 | 138.5 | - | 126.3 | 126.2 | 131.9 | - | |||
| Shares Diluted | 473.1 | - | 448.2 | 320.6 | 252.3 | - | 250.0 | 246.3 | 187.3 | - | 157.9 | 145.5 | 138.5 | - | 126.3 | 126.2 | 131.9 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (17.2) | - | - | - | (17.7) | - | - | - | (95.6) | - | - | - | (10.0) | - | - | - | (14.7) | - | - | - | 1.2 |
| EBIT | (24.3) | (80.5) | (21.9) | (90.3) | (21.2) | (8.1) | (10.5) | (16.7) | (98.1) | (8.6) | (8.2) | (10.2) | (12.0) | (26.4) | (12.4) | (55.3) | (16.4) | (72.0) | (2.6) | ||
| 106.5 |
| 11.0 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | 15.3 | 11.9 | 7.9 | 7.8 | 7.3 | 0.1 |
| Amortization of Intangibles | 18.3 | 14.7 | 11.3 | 7.5 | 7.3 | 6.9 | 0.0 |
| Other Operating Expenses | (1.2) | (1.5) | (0.1) | 0.0 | (0.0) | 0.0 | - |
| Total Operating Expenses | - | - | - | - | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - |
| Pre-Tax Income | (310.4) | (315.6) | (295.8) | (70.9) | (113.3) | (122.5) | 6.3 |
| 6.2 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (288.7) | (293.9) | (295.5) | (70.7) | (111.4) | (123.6) | 6.2 |
| Net Income Attributable To Parent | (288.7) | (293.9) | (295.5) | (70.7) | (111.4) | (123.6) | 6.2 |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (288.7) | (293.9) | (295.5) | (70.7) | (111.4) | (123.6) | 6.2 |
| Shares Basic | 473.1 | 358.8 | 233.6 | 149.2 | 127.7 | 107.0 | - |
| Shares Diluted | 473.1 | 358.8 | 233.6 | 149.2 | 127.7 | 107.0 | - |
| 22.0 |
| 74.0 |
| 12.0 |
| 10.4 |
| 10.1 |
| - |
| - |
| - |
| - |
| - |
| 2.0 |
| 1.5 |
| 0.6 |
| 1.8 |
| - |
| - |
| - |
| 1.9 |
| - |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| 1.9 |
| 1.8 |
| 1.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.7) |
| (110.4) |
| (4.5) |
| (5.0) |
| (2.6) |
| (116.6) |
| (3.1) |
| (3.2) |
| (0.6) |
| - |
| - |
| - |
| - |
| (116.6) |
| (3.1) |
| (3.2) |
| (0.6) |
| (18.8) |
| (114.8) |
| (3.1) |
| (3.2) |
| (2.4) |
| - |
| (1.7) |
| - |
| - |
| - |
| - |
| - |
| (56.8) |
| (18.8) |
| (118.0) |
| (3.1) |
| (1.7) |
| (0.6) |
| (0.03) |
| (0.03) |
| (0.02) |
| 105.0 |
| 105.0 |
| 105.0 |
| 105.0 |
| 105.0 |
| 105.0 |
| (3.1) |
| (0.8) |