| (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 | 109.2 | 112.7 | 100.7 | 94.8 | 90.0 | 105.9 | 98.2 | 89.0 | 98.4 | 119.7 | 100.5 | 91.9 | 83.5 | 93.6 | 75.5 | 66.4 | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 417.5 | 398.3 | 391.5 | 395.6 | 301.3 | 233.1 | 163.9 | 82.1 |
| Cost of Revenue | 276.0 | 260.3 | 230.3 | 270.2 | 202.1 | 143.4 | 94.5 | 46.4 |
| Gross Profit | 141.6 | 137.9 | 161.2 | 125.4 | 99.2 | 89.7 | 69.4 | 35.7 |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (17.8) | (24.6) | 3.8 | (50.2) | (67.8) | (11.6) | 5.8 | (0.1) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | 6.4 | 7.5 | 11.3 | 6.3 | 1.6 | 2.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.1 | 0.1 | 0.2 | 0.2 | 0.4 | 0.2 | 0.2 | 0.0 |
| Net Income From Continuing Ops | (24.3) | (32.2) | (7.6) | (56.7) | (338.0) | |||
| Per Share | ||||||||
| EPS Basic | (0.08) | (0.13) | (0.04) | (0.27) | (1.62) | - | - | - |
| EPS Diluted | (0.08) | (0.13) | (0.04) | (0.27) | (1.62) | - | ||
| Supplementary Data | ||||||||
| EBITDA | - | (12.4) | 13.9 | (42.9) | (63.4) | (8.7) | 7.2 | 0.8 |
| EBIT | (17.8) | (24.6) | 3.8 | (50.2) | (67.8) | (11.6) | ||
| 65.8 |
| 71.8 |
| 60.1 |
| 52.4 |
| 48.8 |
| Cost of Revenue | 73.1 | 76.6 | 63.6 | 62.7 | 57.5 | 65.5 | 56.9 | 51.8 | 56.2 | 88.0 | 66.5 | 59.7 | 56.0 | 64.2 | 51.5 | 43.8 | 42.6 | 47.2 | 36.0 | 31.1 | 29.2 |
| Gross Profit | 36.1 | 36.2 | 37.1 | 32.2 | 32.5 | 40.4 | 41.3 | 37.3 | 42.2 | 31.7 | 34.1 | 32.2 | 27.5 | 29.5 | 23.9 | 22.6 | 23.2 | 24.7 | 24.1 | 21.3 | 19.6 |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | 10.1 | 15.7 | 12.9 | 14.3 | 11.8 | 12.2 | 12.3 | 10.9 | 15.3 | 15.1 | 19.5 | 19.3 | 17.8 | 18.5 | 16.3 | 14.8 | 14.9 | ||||
| Depreciation & Amortization | 2.2 | - | - | - | 2.6 | - | - | - | 2.4 | 1.9 | 2.0 | 1.6 | 1.7 | 1.3 | 1.0 | 1.0 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | (0.4) | (5.1) | (0.6) | (4.9) | (1.2) | (6.9) | (1.3) | (0.3) | (0.0) | (1.6) | 0.6 | (1.2) | 0.0 | - | 0.0 | - | - | ||||
| Total Operating Expenses | 34.8 | 43.2 | 36.6 | 44.8 | 37.9 | 42.6 | 40.2 | 36.3 | 38.2 | 44.0 | 41.0 | 45.9 | 44.7 | 48.9 | 39.6 | 39.4 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | 1.3 | (7.1) | 0.5 | (12.6) | (5.4) | (2.2) | 1.1 | 1.0 | 4.0 | (12.3) | (7.0) | (13.7) | (17.2) | (19.5) | (15.6) | (16.8) | (15.8) | (4.1) | (3.1) | (4.8) | 0.5 |
| Non-Operating | |||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 1.2 | 1.6 | 1.7 | 1.8 | 2.4 | 4.5 | 2.5 | 2.3 | 2.1 | 1.7 | 3.5 | 0.8 | 0.3 | 0.5 | 0.5 | 0.2 | 0.5 | 0.4 | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | (1.2) | (1.6) | (1.7) | (1.8) | (2.4) | (4.5) | (2.5) | (2.3) | (2.1) | (1.7) | (3.7) | (0.9) | (0.1) | (0.5) | (0.4) | (28.2) | (240.9) | ||||
| Pre-Tax Income | 0.1 | (8.6) | (1.2) | (14.5) | (7.8) | (6.7) | (1.3) | (1.3) | 1.9 | (14.0) | (10.6) | (14.6) | (17.3) | (19.9) | (16.0) | (45.0) | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 0.0 | (8.6) | (1.2) | (14.5) | (7.8) | (6.7) | (1.4) | (1.4) | 1.9 | (14.0) | (10.7) | (14.7) | (17.3) | (20.0) | (16.1) | (45.1) | (256.8) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | 0.0 | (8.6) | (1.2) | (14.5) | (7.8) | (6.7) | (1.4) | (1.4) | 1.9 | (14.0) | (10.7) | (14.7) | (17.3) | (20.0) | (16.1) | (45.1) | (256.8) | ||||
| Net Income Attributable To Parent | (0.0) | (3.2) | (0.5) | (5.3) | (2.9) | (2.5) | (0.5) | (0.5) | 0.5 | (4.5) | (3.2) | (4.2) | (4.8) | (5.2) | (4.0) | (10.8) | |||||
| Less: Minority Interest | 0.1 | (5.4) | (0.8) | (9.2) | (5.0) | (4.3) | (0.9) | (0.9) | 1.3 | (9.6) | (7.5) | (10.4) | (12.5) | (14.8) | (12.1) | (34.3) | (193.9) | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (0.0) | (3.2) | (0.5) | (5.3) | (2.9) | (2.5) | (0.5) | (0.5) | 0.5 | (4.5) | (3.2) | (4.2) | (4.8) | (7.9) | (4.0) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | 0.00 | - | 0.00 | (0.07) | (0.04) | - | (0.01) | (0.01) | 0.01 | - | (0.05) | (0.07) | (0.08) | - | (0.08) | (0.22) | (1.36) | - | - | - | - |
| EPS Diluted | 0.00 | - | 0.00 | (0.07) | (0.04) | - | (0.01) | (0.01) | 0.01 | - | (0.05) | (0.07) | (0.08) | - | (0.08) | (0.22) | (1.36) | - | |||
| Shares Basic | 115.4 | - | 108.0 | 79.1 | 78.4 | - | 72.2 | 68.2 | 66.3 | - | 62.0 | 58.7 | 58.2 | - | 53.0 | 49.8 | 44.3 | - | |||
| Shares Diluted | 115.4 | - | 108.0 | 79.1 | 78.4 | - | 72.2 | 68.2 | 66.6 | - | 62.0 | 58.7 | 58.2 | - | 53.0 | 49.8 | 44.3 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | 3.5 | - | - | - | (2.9) | - | - | - | 6.4 | (10.4) | (5.0) | (12.0) | (15.5) | (18.1) | (14.6) | (15.8) | (14.9) | (3.2) | (2.3) | (4.2) | 1.0 |
| EBIT | 1.3 | (7.1) | 0.5 | (12.6) | (5.4) | (2.2) | 1.1 | 1.0 | 4.0 | (12.3) | (7.0) | (13.7) | (17.2) | (19.5) | (15.6) | (16.8) | (15.8) | (4.1) | (3.1) | ||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 53.0 | 54.7 | 50.8 | 71.6 | 64.5 | 26.2 | 13.9 | - |
| Depreciation & Amortization | - | 12.2 | 10.1 | 7.3 | 4.4 | 2.9 | 1.4 | 0.9 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | (11.0) | (11.9) | (8.5) | (2.2) | 0.0 | 0.0 | - | - |
| Total Operating Expenses | 159.4 | 162.5 | 157.3 | 175.7 | 166.9 | 101.3 | 63.6 | 35.8 |
| 1.0 |
| 0.7 |
| Income From Equity Investments | - | - | - | - | 0.0 | 0.0 | (0.1) | (0.1) |
| Other Non-Operating Income | (6.4) | (7.5) | (11.3) | (6.3) | (269.9) | (2.1) | (1.3) | (0.6) |
| Pre-Tax Income | (24.2) | (32.1) | (7.5) | (56.5) | (337.7) | (13.7) | 4.5 | (0.8) |
| (13.8) |
| 4.3 |
| 0.8 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (24.3) | (32.2) | (7.6) | (56.7) | (338.0) | (13.8) | 4.3 | 0.8 |
| Net Income Attributable To Parent | (9.0) | (11.9) | (3.0) | (16.7) | (82.9) | (13.8) | 4.3 | (0.8) |
| Less: Minority Interest | (15.3) | (20.3) | (4.7) | (40.0) | (255.1) | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (9.0) | (11.9) | (3.0) | (16.7) | (82.9) | (13.8) | 4.3 | (0.8) |
| - |
| - |
| Shares Basic | 115.4 | 95.2 | 71.1 | 60.9 | 51.2 | - | - | - |
| Shares Diluted | 115.4 | 95.2 | 71.1 | 60.9 | 51.2 | - | - | - |
| 5.8 |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.7 |
| 6.9 |
| 5.8 |
| 4.8 |
| 1.0 |
| 0.9 |
| 0.8 |
| 0.6 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 39.1 |
| 28.7 |
| 27.2 |
| 26.1 |
| 19.2 |
| 0.8 |
| 0.5 |
| 0.3 |
| - |
| - |
| - |
| - |
| (0.5) |
| (0.8) |
| (0.5) |
| (0.3) |
| (256.7) |
| (4.6) |
| (4.0) |
| (5.3) |
| 0.2 |
| (4.6) |
| (4.1) |
| (5.3) |
| 0.1 |
| - |
| - |
| - |
| - |
| (4.6) |
| (4.1) |
| (5.3) |
| 0.1 |
| (62.9) |
| (4.6) |
| (4.1) |
| (5.3) |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.8) |
| (60.2) |
| (4.6) |
| (4.1) |
| (5.3) |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.8) |
| 0.5 |