| (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 | 31.7 | 114.1 | 9.7 | 8.5 | 7.5 | 30.1 | 14.3 | 11.8 | 7.4 | 316.2 | 17.2 | 20.1 | 24.2 | 20.0 | 15.8 | 16.7 | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 164.0 | 139.7 | 63.5 | 377.7 | 60.9 | 51.8 | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 415.3 | 409.6 | 367.6 | 437.4 | 311.6 | 387.1 | 103.2 | 54.6 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (371.6) | (383.7) | (415.6) | (176.5) | (338.5) | (392.5) | (132.8) | (75.2) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 1.4 | 3.4 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (66.0) | (80.0) | (376.7) | (132.5) | (289.1) | |||
| Per Share | ||||||||
| EPS Basic | (0.64) | (0.81) | (4.58) | (1.72) | (4.13) | (5.77) | (4.19) | (14.05) |
| EPS Diluted | (0.64) | (0.81) | (4.58) | (1.72) | (4.13) | (5.77) | ||
| Supplementary Data | ||||||||
| EBITDA | (349.3) | (361.4) | (393.6) | (156.5) | (324.3) | (385.0) | (128.0) | (71.7) |
| EBIT | (371.6) | (383.7) | (415.6) | (176.5) | (338.5) | (392.5) | ||
| 8.4 |
| 51.1 |
| 0.8 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 104.5 | 99.3 | 109.8 | 101.8 | 98.8 | 101.4 | 94.3 | 87.0 | 84.8 | 140.1 | 100.1 | 97.6 | 99.6 | 86.3 | 85.3 | 74.6 | 65.4 | 96.8 | 54.6 | 45.6 | 190.1 | 32.5 | 29.8 | 19.4 | 21.5 | 20.2 | 12.5 | 12.7 | 9.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 34.4 | 32.3 | 26.7 | 26.9 | 27.9 | 28.7 | 26.5 | 29.6 | 26.7 | 43.3 | 25.4 | 24.7 | 23.5 | 22.7 | 21.8 | 24.1 | 19.2 | ||||||||||||
| Depreciation & Amortization | 5.6 | 5.7 | 5.6 | 5.5 | 5.5 | 5.4 | 5.5 | 5.6 | 5.4 | 5.4 | 5.2 | 4.8 | 4.6 | 3.9 | 3.5 | 3.4 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 139.0 | 131.6 | 136.5 | 128.6 | 126.8 | 130.1 | 120.8 | 116.7 | 111.5 | 183.3 | 125.5 | 122.3 | 123.1 | 109.0 | 107.1 | 98.6 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (107.2) | (17.4) | (126.8) | (120.2) | (119.3) | (100.0) | (106.5) | (104.9) | (104.1) | 132.9 | (108.3) | (102.1) | (98.9) | (89.0) | (91.3) | (82.0) | (76.2) | (63.5) | (69.6) | (59.0) | (200.4) | (40.8) | (37.3) | (26.3) | (28.4) | (26.4) | (18.0) | (17.7) | (13.1) |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.8 | 0.6 | - | - | 0.8 | 0.5 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (25.5) | - | |||||||||||||
| Other Non-Operating Income | 12.9 | 260.8 | 14.1 | 17.9 | 11.0 | 9.7 | 9.8 | 13.9 | 5.5 | 11.3 | 12.2 | 19.4 | 2.5 | 51.6 | 9.6 | 10.0 | 7.0 | ||||||||||||
| Pre-Tax Income | - | - | (112.7) | (102.3) | - | - | (96.7) | (91.0) | - | - | (96.1) | (82.8) | - | - | (81.7) | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | - | 0.0 | - | - | 0.0 | 0.0 | 1.4 | 0.0 | 0.0 | 0.0 | 1.0 | 2.4 | 0.0 | 0.0 | - | 0.0 | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (94.3) | 243.4 | (112.7) | (102.3) | (108.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | (72.0) | (69.2) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (94.3) | 243.4 | (112.7) | (102.3) | (108.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | (72.0) | (69.2) | ||||||||||||
| Net Income Attributable To Parent | (94.3) | 243.4 | (112.7) | (102.3) | (108.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | (72.0) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (94.3) | 243.4 | (112.7) | (102.3) | (108.3) | (90.4) | (96.7) | (91.1) | (98.7) | 142.8 | (96.1) | (82.8) | (96.5) | (38.3) | (109.6) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.91) | - | (1.10) | (1.00) | (1.23) | - | (1.17) | (1.11) | (1.21) | - | (1.22) | (1.08) | (1.33) | - | (1.56) | (1.02) | (1.01) | - | (0.42) | (1.23) | (3.35) | - | (0.69) | (0.69) | - | - | - | - | - |
| EPS Diluted | (0.91) | - | (1.10) | (1.00) | (1.23) | - | (1.17) | (1.11) | (1.21) | - | (1.22) | (1.08) | (1.33) | - | (1.56) | (1.02) | (1.01) | - | |||||||||||
| Shares Basic | 103.3 | - | 102.6 | 102.0 | 88.0 | - | 82.4 | 82.3 | 81.7 | - | 79.0 | 76.3 | 72.3 | - | 70.3 | 70.2 | 68.7 | - | |||||||||||
| Shares Diluted | 103.3 | - | 102.6 | 102.0 | 88.0 | - | 82.4 | 82.3 | 81.7 | - | 79.0 | 76.3 | 72.3 | - | 70.3 | 70.2 | 68.7 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (101.6) | (11.8) | (121.3) | (114.6) | (113.8) | (94.6) | (101.0) | (99.3) | (98.7) | 138.2 | (103.1) | (97.3) | (94.3) | (85.0) | (87.8) | (78.5) | (72.9) | (60.7) | (68.0) | (57.4) | (199.0) | (39.5) | (36.1) | (25.1) | (27.3) | (25.4) | (17.1) | (16.8) | (12.4) |
| EBIT | (107.2) | (17.4) | (126.8) | (120.2) | (119.3) | (100.0) | (106.5) | (104.9) | (104.1) | 132.9 | (108.3) | (102.1) | (98.9) | (89.0) | (91.3) | (82.0) | (76.2) | (63.5) | (69.6) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 120.3 | 113.8 | 111.5 | 116.8 | 87.8 | 57.2 | 29.6 | 20.6 |
| Depreciation & Amortization | 22.4 | 22.3 | 21.9 | 20.0 | 14.1 | 7.5 | 4.7 | 3.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | (61.8) | (3.2) |
| Total Operating Expenses | 535.6 | 523.4 | 479.1 | 554.2 | 399.4 | 444.3 | 132.8 | 75.2 |
| - |
| - |
| Income From Equity Investments | - | 255.1 | - | - | (25.5) | - | - | - |
| Other Non-Operating Income | 305.6 | 303.7 | 38.9 | 45.3 | 78.3 | 21.8 | (61.8) | (3.2) |
| Pre-Tax Income | - | (80.0) | (376.7) | (131.2) | (260.2) | (370.6) | (194.6) | - |
| (370.6) |
| (194.6) |
| (78.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (66.0) | (80.0) | (376.7) | (132.5) | (289.1) | (370.6) | (194.6) | (78.3) |
| Net Income Attributable To Parent | (66.0) | (80.0) | (376.7) | (132.5) | (289.1) | (370.6) | (194.6) | (78.3) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (66.0) | (80.0) | (376.7) | (132.5) | (289.1) | (370.6) | (195.9) | (91.0) |
| (4.19) |
| (14.05) |
| Shares Basic | 103.3 | 98.9 | 82.3 | 77.2 | 70.0 | 64.2 | 46.7 | 6.5 |
| Shares Diluted | 103.3 | 98.9 | 82.3 | 77.2 | 70.0 | 64.2 | 46.7 | 6.5 |
| (132.8) |
| (75.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.8 |
| 15.8 |
| 13.4 |
| 10.3 |
| 8.4 |
| 7.5 |
| 6.9 |
| 6.8 |
| 6.2 |
| 5.5 |
| 5.0 |
| 3.9 |
| 3.3 |
| 2.8 |
| 1.7 |
| 1.6 |
| 1.4 |
| 1.3 |
| 1.2 |
| 1.1 |
| 1.1 |
| 1.0 |
| 0.9 |
| 0.9 |
| 0.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.2) |
| (54.7) |
| 2.9 |
| (7.9) |
| (2.1) |
| (1.5) |
| (1.0) |
| (0.2) |
| (0.5) |
| 84.7 |
| 114.6 |
| 70.4 |
| 59.0 |
| 200.4 |
| 40.8 |
| 37.3 |
| 26.3 |
| 28.4 |
| 26.4 |
| 18.0 |
| 17.7 |
| 13.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.2) |
| 41.5 |
| (17.3) |
| (1.2) |
| - |
| 2.9 |
| (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (64.7) |
| (28.1) |
| (76.3) |
| (201.6) |
| (95.5) |
| (34.5) |
| (34.2) |
| (30.5) |
| (27.9) |
| (19.0) |
| (17.9) |
| (13.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (64.7) |
| (28.1) |
| (76.3) |
| (201.6) |
| (95.5) |
| (34.5) |
| (34.2) |
| (30.5) |
| (27.9) |
| (19.0) |
| (17.9) |
| (13.6) |
| (69.2) |
| (64.7) |
| (28.1) |
| (76.3) |
| (201.6) |
| (95.5) |
| (34.5) |
| (34.2) |
| (30.5) |
| (27.9) |
| (19.0) |
| (17.9) |
| (13.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (72.0) |
| (69.2) |
| (64.7) |
| (28.1) |
| (76.3) |
| (201.6) |
| (95.5) |
| (34.5) |
| (34.2) |
| (31.7) |
| (31.1) |
| (22.3) |
| (21.1) |
| (16.6) |
| (0.42) |
| (1.23) |
| (3.35) |
| - |
| (0.69) |
| (0.69) |
| - |
| - |
| - |
| - |
| - |
| 66.4 |
| 62.2 |
| 60.2 |
| - |
| 50.1 |
| 49.4 |
| - |
| - |
| - |
| - |
| - |
| 66.4 |
| 62.2 |
| 60.2 |
| - |
| 50.1 |
| 49.4 |
| - |
| - |
| - |
| - |
| - |
| (59.0) |
| (200.4) |
| (40.8) |
| (37.3) |
| (26.3) |
| (28.4) |
| (26.4) |
| (18.0) |
| (17.7) |
| (13.1) |