| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q3 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||
| Revenues | 6.7 | 8.0 | 7.4 | 6.7 | 6.5 | 8.2 | 6.1 | 7.8 | 8.8 | 10.7 | 9.3 | 8.7 | 7.4 | 8.2 | 7.2 | 6.7 | ||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 28.7 | 28.5 | 30.8 | 36.1 | 27.8 | 18.0 | 8.5 | 10.1 | 12.0 | 9.5 |
| Cost of Revenue | 15.2 | 15.3 | 30.4 | 26.6 | 21.9 | 14.1 | 5.7 | 6.8 | 8.7 | 6.0 |
| Gross Profit | 13.5 | 13.2 | 0.4 | 9.6 | 5.9 | 3.9 | 2.8 | 3.4 | 3.3 | 3.5 |
| Operating Expenses | ||||||||||
| Research & Development | 12.1 | 11.4 | 24.8 | 54.0 | 49.0 | 22.5 | 10.3 | 9.1 | 9.5 | 12.0 |
| Selling General & Administrative | 34.1 | 35.2 | 51.9 | |||||||
| Operating Income | ||||||||||
| Operating Income | (32.8) | (33.3) | (104.0) | (215.2) | (131.7) | (77.1) | (38.6) | (25.9) | (20.4) | (23.2) |
| Non-Operating | ||||||||||
| Interest Income | - | 1.0 | 1.5 | 3.3 | 1.5 | 0.4 | - | - | - | - |
| Interest Expense | - | - | - | 5.1 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.1 | 0.1 | 0.0 | 0.1 | 1.9 | (5.7) | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (31.6) | (26.4) | (112.0) | |||||||
| Per Share | ||||||||||
| EPS Basic | (2.88) | (4.85) | (88.13) | (408.60) | (4.58) | (0.26) | - | - | - | - |
| EPS Diluted | (2.88) | (4.85) | (88.13) | (408.60) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | - | (23.8) | (90.0) | (201.5) | (122.1) | (73.8) | (37.1) | (24.7) | (19.1) | (21.7) |
| EBIT | (32.8) | (33.3) | (104.0) | (215.2) | ||||||
| 5.7 |
| 6.3 |
| 4.7 |
| 3.9 |
| 3.2 |
| 4.0 |
| 2.2 |
| 1.2 |
| 1.1 |
| 2.8 |
| 3.3 |
| 2.2 |
| 1.9 |
| 4.0 |
| 2.8 |
| 3.4 |
| 1.8 |
| 2.7 |
| Cost of Revenue | 3.4 | 4.6 | 4.0 | 3.3 | 3.5 | 4.7 | 14.5 | 5.2 | 5.9 | 8.3 | 6.6 | 6.4 | 5.3 | 6.4 | 5.4 | 5.2 | 4.8 | 6.1 | 3.5 | 2.4 | 2.1 | 2.8 | 1.5 | 0.6 | 0.9 | 1.7 | 2.4 | 1.6 | 1.1 | 3.0 | 3.1 | 1.8 | 0.8 | 1.7 |
| Gross Profit | 3.3 | 3.4 | 3.4 | 3.5 | 2.9 | 3.4 | (8.4) | 2.6 | 2.8 | 2.4 | 2.7 | 2.3 | 2.1 | 1.8 | 1.8 | 1.5 | 0.9 | 0.2 | 1.2 | 1.4 | 1.0 | 1.2 | 0.7 | 0.6 | 0.3 | 1.1 | 0.9 | 0.6 | 0.7 | 1.0 | (0.2) | 1.6 | 0.9 | 1.1 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| Research & Development | 3.1 | 3.2 | 2.8 | 2.9 | 2.4 | 3.5 | 4.7 | 6.8 | 9.8 | 11.7 | 13.8 | 14.6 | 13.9 | 14.0 | 12.7 | 11.8 | 10.5 | 9.2 | 6.5 | 4.1 | 2.7 | 2.9 | 2.3 | 2.4 | 2.7 | 2.4 | 2.2 | 2.4 | 2.1 | 2.5 | 2.5 | 2.1 | 2.4 | 3.0 |
| Selling General & Administrative | 8.0 | 8.7 | 9.1 | 8.3 | 9.0 | 11.7 | 9.5 | 11.6 | 19.1 | 15.0 | 24.9 | 26.9 | 26.0 | 25.3 | 21.2 | 21.8 | ||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Depreciation & Amortization | 2.3 | - | - | - | 2.4 | - | - | - | 3.0 | - | - | - | 3.2 | - | - | - | ||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Total Operating Expenses | 11.1 | 11.9 | 11.9 | 11.3 | 11.4 | 15.4 | 35.5 | 19.6 | 33.9 | 27.4 | 116.0 | 41.5 | 39.9 | 39.3 | 34.0 | 33.6 | ||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | (7.9) | (8.5) | (8.5) | (7.8) | (8.5) | (11.9) | (43.9) | (17.0) | (31.1) | (25.0) | (113.2) | (39.2) | (37.8) | (37.5) | (32.1) | (32.1) | (29.9) | (28.8) | (20.7) | (16.5) | (11.2) | (11.1) | (10.2) | (7.4) | (9.8) | (7.2) | (5.7) | (6.8) | (6.2) | (6.1) | (6.0) | (4.0) | (4.3) | (5.0) |
| Non-Operating | ||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.8 | 0.4 | 0.2 | 0.1 | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | 0.1 | 4.9 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | ||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Other Non-Operating Income | (0.4) | 0.6 | 0.0 | 1.0 | 5.4 | (8.2) | (0.3) | 0.8 | (0.3) | (19.0) | 0.7 | 0.4 | 0.7 | 0.7 | 0.4 | (0.0) | 0.0 | |||||||||||||||||
| Pre-Tax Income | (8.3) | (7.9) | (8.5) | (6.8) | (3.1) | (20.1) | (44.2) | (16.2) | (31.4) | (43.9) | (112.5) | (38.9) | (37.1) | (36.9) | (31.8) | (32.1) | ||||||||||||||||||
| 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 | 1.8 | 0.0 | 0.0 | 0.0 | (5.8) | 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 | (8.3) | (7.9) | (8.5) | (6.9) | (3.1) | (20.1) | (44.2) | (16.2) | (31.4) | (43.9) | (112.6) | (38.9) | (37.1) | (38.7) | (31.8) | (32.2) | (30.0) | |||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Net Income | (8.3) | (7.9) | (8.5) | (6.9) | (3.1) | (20.1) | (44.2) | (16.2) | (31.4) | (43.9) | (112.6) | (38.9) | (37.1) | (38.7) | (31.8) | (32.2) | (30.0) | |||||||||||||||||
| Net Income Attributable To Parent | (8.3) | (7.9) | (8.5) | (6.9) | (3.1) | (20.1) | (44.2) | (16.2) | (31.4) | (43.9) | (112.6) | (38.9) | (37.1) | (38.7) | (31.8) | (32.2) | ||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Net Income To Common Shareholders | (8.3) | (7.9) | (8.5) | (6.9) | (3.1) | (20.1) | (44.2) | (16.2) | (31.4) | (43.9) | (112.6) | (38.9) | (37.1) | (38.7) | (31.8) | |||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||
| EPS Basic | (0.76) | - | (1.59) | (1.99) | (1.15) | - | (30.92) | (14.41) | (35.75) | - | (3.22) | (1.24) | (1.23) | - | (1.10) | (1.13) | (0.11) | - | (0.07) | (0.07) | (0.04) | - | (0.08) | (0.09) | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.76) | - | (1.59) | (1.99) | (1.15) | - | (30.92) | (14.41) | (35.75) | - | (3.22) | (1.24) | (1.23) | - | (1.10) | (1.13) | (0.11) | - | ||||||||||||||||
| Shares Basic | 11.0 | - | 5.3 | 3.4 | 2.7 | - | 1.4 | 1.1 | 0.9 | - | 35.0 | 31.5 | 30.2 | - | 29.0 | 28.6 | 284.6 | - | ||||||||||||||||
| Shares Diluted | 11.0 | - | 5.3 | 3.4 | 2.7 | - | 1.4 | 1.1 | 0.9 | - | 35.0 | 31.5 | 30.2 | - | 29.0 | 28.6 | 284.6 | - | ||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| EBITDA | (5.6) | - | - | - | (6.0) | - | - | - | (28.1) | - | - | - | (34.7) | - | - | - | (27.7) | - | - | - | (10.7) | - | - | - | (9.5) | (6.8) | (5.4) | (6.6) | (5.9) | (5.9) | (5.6) | (3.6) | (3.9) | (4.8) |
| EBIT | (7.9) | (8.5) | (8.5) | (7.8) | (8.5) | (11.9) | (43.9) | (17.0) | (31.1) | (25.0) | (113.2) | (39.2) | (37.8) | (37.5) | (32.1) | (32.1) | (29.9) | (28.8) | (20.7) | |||||||||||||||
| 92.8 |
| 88.6 |
| 58.5 |
| 31.1 |
| 20.2 |
| 14.2 |
| 14.1 |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | 9.5 | 14.0 | 13.7 | 9.6 | 3.4 | 1.5 | 1.1 | 1.3 | 1.5 |
| Amortization of Intangibles | - | 5.4 | 6.6 | 7.2 | 5.8 | 1.4 | 0.1 | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 46.3 | 46.5 | 104.4 | 224.8 | 137.6 | 81.0 | 41.3 | 29.2 | 23.7 | 26.7 |
| 0.3 |
| 0.9 |
| 2.5 |
| 2.3 |
| 1.4 |
| 0.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.2 | 7.0 | (8.0) | (17.2) | 1.0 | (1.1) | (2.5) | (3.9) | 1.9 | (0.1) |
| Pre-Tax Income | (31.5) | (26.3) | (112.0) | (232.4) | (130.7) | (78.2) | (41.1) | (29.8) | (18.5) | (23.3) |
| (232.5) |
| (132.6) |
| (72.4) |
| (41.1) |
| (29.8) |
| (18.5) |
| (23.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (31.6) | (26.4) | (112.0) | (232.5) | (132.6) | (72.4) | (41.1) | (29.8) | (18.5) | (23.4) |
| Net Income Attributable To Parent | (31.6) | (26.4) | (112.0) | (232.5) | (132.6) | (72.4) | (41.1) | (29.8) | (18.5) | (23.4) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (31.6) | (26.4) | (112.0) | (232.5) | (132.6) | (72.4) | (41.1) | (29.8) | (18.5) | (23.4) |
| (4.58) |
| (0.26) |
| - |
| - |
| - |
| - |
| Shares Basic | 11.0 | 5.4 | 1.3 | 0.6 | 28.9 | 276.8 | - | - | - | - |
| Shares Diluted | 11.0 | 5.4 | 1.3 | 0.6 | 28.9 | 276.8 | - | - | - | - |
| (131.7) |
| (77.1) |
| (38.6) |
| (25.9) |
| (20.4) |
| (23.2) |
| 20.3 |
| 19.8 |
| 15.3 |
| 13.8 |
| 9.5 |
| 9.4 |
| 8.7 |
| 5.6 |
| 7.4 |
| 5.9 |
| 4.4 |
| 5.1 |
| 4.8 |
| 4.6 |
| 3.2 |
| 3.5 |
| 2.9 |
| 3.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.2 |
| - |
| - |
| - |
| 0.4 |
| - |
| - |
| - |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 30.8 |
| 29.0 |
| 21.8 |
| 17.9 |
| 12.2 |
| 12.3 |
| 11.0 |
| 8.0 |
| 10.0 |
| 8.3 |
| 6.6 |
| 7.5 |
| 6.9 |
| 7.1 |
| 5.7 |
| 5.6 |
| 5.3 |
| 6.1 |
| 0.0 |
| 0.3 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.8 |
| 0.8 |
| 0.6 |
| 0.6 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| (0.0) |
| (2.3) |
| 1.2 |
| (0.6) |
| (0.5) |
| (0.6) |
| (0.7) |
| (0.7) |
| (0.7) |
| (0.8) |
| (1.7) |
| (0.3) |
| 1.0 |
| 0.7 |
| 0.5 |
| (0.1) |
| (29.9) |
| (28.7) |
| (20.7) |
| (18.8) |
| (9.9) |
| (11.7) |
| (10.8) |
| (8.1) |
| (10.5) |
| (7.9) |
| (6.4) |
| (7.7) |
| (7.8) |
| (6.4) |
| (4.9) |
| (3.3) |
| (3.8) |
| (5.1) |
| (22.9) |
| (20.8) |
| (18.8) |
| (9.9) |
| (11.7) |
| (10.8) |
| (8.1) |
| (10.5) |
| (7.9) |
| (6.4) |
| (7.7) |
| (7.9) |
| (6.4) |
| (4.9) |
| (3.3) |
| (3.8) |
| (5.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.9) |
| (20.8) |
| (18.8) |
| (9.9) |
| (11.7) |
| (10.8) |
| (8.1) |
| (10.5) |
| (7.9) |
| (6.4) |
| (7.7) |
| (7.9) |
| (6.4) |
| (4.9) |
| (3.3) |
| (3.8) |
| (5.1) |
| (30.0) |
| (22.9) |
| (20.8) |
| (18.8) |
| (9.9) |
| (11.7) |
| (10.8) |
| (8.1) |
| (10.5) |
| (7.9) |
| (6.4) |
| (7.7) |
| (7.9) |
| (6.4) |
| (4.9) |
| (3.3) |
| (3.8) |
| (5.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (32.2) |
| (30.0) |
| (22.9) |
| (20.8) |
| (18.8) |
| (9.9) |
| (11.7) |
| (10.8) |
| (8.1) |
| (10.5) |
| (7.9) |
| (6.4) |
| (7.7) |
| (7.9) |
| (6.4) |
| (4.9) |
| (3.3) |
| (3.8) |
| (5.1) |
| (0.07) |
| (0.07) |
| (0.04) |
| - |
| (0.08) |
| (0.09) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 280.2 |
| 278.9 |
| 263.9 |
| - |
| 132.9 |
| 90.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 280.2 |
| 278.9 |
| 263.9 |
| - |
| 132.9 |
| 90.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.5) |
| (11.2) |
| (11.1) |
| (10.2) |
| (7.4) |
| (9.8) |
| (7.2) |
| (5.7) |
| (6.8) |
| (6.2) |
| (6.1) |
| (6.0) |
| (4.0) |
| (4.3) |
| (5.0) |