| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 551.3 | 635.1 | 795.9 | 373.3 | 437.1 | 181.5 | 98.5 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (654.2) | (745.4) | (885.1) | (436.1) | (567.9) | (218.9) | (114.5) |
| Non-Operating | |||||||
| Interest Income | 5.8 | 5.1 | 7.0 | 7.4 | 1.8 | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | 1.1 | 1.4 | 0.7 | (1.4) | 0.4 | 1.4 | 0.0 |
| Net Income From Continuing Ops | (647.7) | (738.8) | (846.4) | (408.2) | (570.3) | (213.8) | |
| Per Share | |||||||
| EPS Basic | (4.39) | (6.86) | (9.28) | (5.73) | (12.75) | (5.43) | (3.01) |
| EPS Diluted | (4.39) | (6.86) | (9.28) | (5.73) | (12.75) | (5.43) | (3.01) |
| Supplementary Data | |||||||
| EBITDA | (644.2) | (735.5) | (877.3) | (429.1) | (566.5) | (217.5) | (114.4) |
| EBIT | (654.2) | (745.4) | (885.1) | (436.1) | (567.9) | (218.9) | (114.5) |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 103.8 | 121.9 | 141.2 | 184.4 | 187.6 | 167.5 | 157.6 | 314.8 | 156.0 | 134.8 | 95.5 | 79.5 | 63.5 | 137.0 | 52.8 | 177.1 | 70.1 | - | 47.0 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | 26.6 | 20.8 | 28.2 | 27.3 | 34.0 | 22.5 | 20.6 | 19.0 | 27.3 | 18.9 | 15.0 | 14.5 | 14.3 | 76.4 | 14.8 | 20.0 | 19.7 | ||||
| Depreciation & Amortization | 2.4 | 5.5 | 1.1 | 1.1 | 2.2 | 4.4 | 1.0 | 1.0 | 1.4 | 3.6 | 0.9 | 0.8 | 1.6 | 0.6 | 0.2 | 0.3 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 130.4 | 142.7 | 169.4 | 211.7 | 221.6 | 189.9 | 178.2 | 333.8 | 183.2 | 153.7 | 110.5 | 94.0 | 77.8 | 213.4 | 67.6 | 197.1 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (130.4) | (142.7) | (169.4) | (211.7) | (221.6) | (189.9) | (178.2) | (333.8) | (183.2) | (153.7) | (110.5) | (94.0) | (77.8) | (213.4) | (67.6) | (197.1) | (89.8) | - | (55.5) | - | - |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 1.7 | 1.7 | 1.3 | 1.1 | 1.0 | 0.8 | 1.9 | 2.1 | 2.3 | 3.2 | 1.6 | 1.9 | 0.8 | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | ||||
| Other Non-Operating Income | 0.2 | (2.5) | (3.8) | 13.8 | 0.5 | 3.1 | 17.8 | 14.2 | 4.3 | 7.7 | 4.7 | 5.8 | 8.2 | (1.8) | 0.0 | (0.1) | (0.0) | ||||
| Pre-Tax Income | (130.3) | (145.2) | (173.2) | (197.9) | (221.1) | (186.8) | (160.4) | (319.6) | (178.9) | (146.0) | (105.9) | (88.2) | (69.6) | (215.3) | (67.6) | (197.2) | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | 0.3 | 0.4 | 0.2 | 0.3 | 0.6 | 0.0 | (0.1) | 0.2 | 0.6 | (1.2) | (3.3) | 2.2 | 0.9 | (14.1) | 1.2 | 6.1 | 7.3 | - | (1.1) | - | - |
| Net Income From Continuing Ops | (130.5) | (145.6) | (173.4) | (198.1) | (221.7) | (186.8) | (160.3) | (319.8) | (179.5) | (144.8) | (102.6) | (90.3) | (70.5) | (201.1) | (68.9) | (203.3) | (97.0) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (130.5) | (145.6) | (173.4) | (198.1) | (221.7) | (186.8) | (160.3) | (319.8) | (179.5) | (144.8) | (102.6) | (90.3) | (70.5) | (201.1) | (68.9) | (203.3) | (97.0) | ||||
| Net Income Attributable To Parent | (130.5) | (145.6) | (173.4) | (198.1) | (221.7) | (186.8) | (160.3) | (319.8) | (179.5) | (144.8) | (102.6) | (90.3) | (70.5) | (201.1) | (68.9) | (203.3) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (130.5) | (145.6) | (173.4) | (198.1) | (221.7) | (186.8) | (160.3) | (319.8) | (179.5) | (144.8) | (102.6) | (90.3) | (70.5) | (201.1) | (68.9) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.88) | - | (1.64) | (1.94) | (2.17) | - | (1.70) | (3.64) | (2.20) | - | (1.50) | (1.32) | (1.03) | - | (1.75) | (5.16) | (2.46) | - | (1.38) | - | - |
| EPS Diluted | (0.88) | - | (1.64) | (1.94) | (2.17) | - | (1.70) | (3.64) | (2.20) | - | (1.50) | (1.32) | (1.03) | - | (1.75) | (5.16) | (2.46) | - | |||
| Shares Basic | 147.6 | - | 105.8 | 102.4 | 101.9 | - | 94.4 | 87.8 | 81.6 | - | 68.3 | 68.2 | 68.2 | - | 39.4 | 39.4 | 39.4 | - | |||
| Shares Diluted | 147.6 | - | 105.8 | 102.4 | 101.9 | - | 94.4 | 87.8 | 81.6 | - | 68.3 | 68.2 | 68.2 | - | 39.4 | 39.4 | 39.4 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (128.1) | (137.2) | (168.3) | (210.6) | (219.3) | (185.5) | (177.2) | (332.8) | (181.8) | (150.1) | (109.7) | (93.2) | (76.1) | (212.8) | (67.4) | (196.8) | (89.5) | - | (55.3) | - | - |
| EBIT | (130.4) | (142.7) | (169.4) | (211.7) | (221.6) | (189.9) | (178.2) | (333.8) | (183.2) | (153.7) | (110.5) | (94.0) | (77.8) | (213.4) | (67.6) | (197.1) | (89.8) | - | (55.5) | ||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 102.9 | 110.3 | 89.2 | 62.8 | 130.9 | 37.4 | 16.0 |
| Depreciation & Amortization | 10.0 | 9.9 | 7.9 | 6.9 | 1.4 | 1.4 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 654.2 | 745.4 | 885.1 | 436.1 | 567.9 | 218.9 | 114.5 |
| Income From Equity Investments | - | - | - | 0.0 | 0.0 | 5.3 | (4.2) |
| Other Non-Operating Income | 7.7 | 8.0 | 39.4 | 26.5 | (1.9) | 6.5 | (4.2) |
| Pre-Tax Income | (646.6) | (737.4) | (845.7) | (409.6) | (569.8) | (212.4) | (118.7) |
| (118.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (647.7) | (738.8) | (846.4) | (408.2) | (570.3) | (213.8) | (118.7) |
| Net Income Attributable To Parent | (647.7) | (738.8) | (846.4) | (408.2) | (570.3) | (213.8) | (118.7) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (647.7) | (738.8) | (846.4) | (408.2) | (570.3) | (213.8) | (118.7) |
| Shares Basic | 147.6 | 107.6 | 91.2 | 71.2 | 44.7 | 39.4 | 39.4 |
| Shares Diluted | 147.6 | 107.6 | 91.2 | 71.2 | 44.7 | 39.4 | 39.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.5 |
| - |
| - |
| 0.3 |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 89.8 |
| - |
| 55.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| (0.0) |
| - |
| - |
| (89.8) |
| - |
| (55.5) |
| - |
| - |
| (51.9) |
| (54.4) |
| (45.4) |
| (62.1) |
| - |
| - |
| - |
| - |
| (51.9) |
| (54.4) |
| (45.4) |
| (62.1) |
| (97.0) |
| (51.9) |
| (54.4) |
| (45.4) |
| (62.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (203.3) |
| (97.0) |
| (51.9) |
| (54.4) |
| (45.4) |
| (62.1) |
| (1.38) |
| - |
| - |
| 39.4 |
| - |
| - |
| 39.4 |
| - |
| - |
| - |
| - |