| (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 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 38.1 | 37.1 | 37.7 | 39.0 | 39.4 | 38.0 | 37.6 | 37.3 | 35.8 | 34.9 | 35.1 | 34.5 | 33.7 | 33.0 | 32.8 | 31.9 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | 151.9 | 153.2 | 148.8 | 138.2 | 129.7 | 122.7 | 122.9 | 116.2 | 110.0 | 104.0 | 93.0 | 84.6 |
| Cost of Revenue | 116.1 | 149.0 | 108.0 | 105.0 | 102.1 | 95.8 | 91.5 | 82.7 | 77.5 | 74.4 | 67.2 | 56.1 |
| Gross Profit | 35.8 | 4.2 | 40.8 | 33.2 | 27.6 | 26.9 | 31.3 | 33.5 | 32.5 | 29.5 | 25.8 | 28.5 |
| Operating Expenses | ||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | 32.2 | 4.2 | 40.5 | 33.2 | 27.6 | 24.2 | 32.1 | 33.5 | 32.5 | 29.5 | 25.8 | 28.5 |
| Non-Operating | ||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 57.1 | 53.0 | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - | - |
| Net Income From Continuing Ops | (28.4) | |||||||||||
| Per Share | ||||||||||||
| EPS Basic | (0.67) | (1.38) | (0.25) | (0.45) | (0.36) | (0.51) | - | - | - | - | - | - |
| EPS Diluted | (0.67) | - | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | 63.8 | 35.5 | 70.4 | 62.1 | 54.6 | 49.9 | 55.8 | 53.1 | 50.5 | 46.2 | 41.1 | 41.0 |
| EBIT | 32.2 | 4.2 | ||||||||||
| 32.1 |
| 30.8 |
| 30.6 |
| 30.7 |
| 30.7 |
| 30.3 |
| 30.0 |
| 31.2 |
| 31.3 |
| 30.6 |
| 29.4 |
| 28.4 |
| 27.7 |
| 27.9 |
| 27.9 |
| 27.3 |
| 26.9 |
| 27.3 |
| 26.0 |
| 25.4 |
| 25.3 |
| 24.2 |
| 24.8 |
| 22.2 |
| Cost of Revenue | 30.1 | 29.0 | 28.8 | 28.2 | 63.0 | 27.1 | 26.9 | 27.3 | 26.7 | 25.9 | 25.9 | 26.5 | 26.8 | 26.2 | 25.5 | 24.8 | 25.5 | 24.0 | 23.7 | 23.7 | 24.5 | 23.9 | 23.6 | 22.2 | 21.9 | 22.6 | 20.9 | 19.6 | 19.5 | 19.4 | 18.8 | 19.0 | 20.3 | 19.8 | 18.7 | 18.0 | 17.9 | 17.9 | 17.5 | 16.1 |
| Gross Profit | 8.0 | 8.1 | 8.9 | 10.8 | (23.6) | 11.0 | 10.8 | 10.0 | 9.1 | 9.0 | 9.2 | 8.0 | 6.9 | 6.8 | 7.3 | 7.1 | 6.5 | 6.8 | 7.0 | 7.0 | 6.1 | 6.5 | 6.5 | 8.9 | 9.4 | 8.0 | 8.5 | 8.8 | 8.1 | 8.5 | 9.1 | 8.3 | 6.5 | 7.5 | 7.4 | 7.3 | 7.4 | 6.3 | 7.3 | 6.1 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.1 | 4.2 | 3.7 | 3.8 | 3.8 | 3.8 | 3.4 | 3.5 | 3.6 | 3.1 | 3.3 | 3.4 | 3.3 | 3.4 | 3.2 | 3.2 | 2.9 | |||||||||||||||||||||||
| Depreciation & Amortization | 8.0 | 8.4 | 8.0 | 7.3 | 7.6 | 7.6 | 7.5 | 7.5 | 7.4 | 7.6 | 7.3 | 7.3 | 6.8 | 6.8 | 6.8 | 6.7 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 30.1 | 29.0 | 28.8 | 28.2 | 63.0 | 27.1 | 26.9 | 27.3 | 26.7 | 25.9 | 25.9 | 26.5 | 26.8 | 26.2 | 25.5 | 24.8 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | 4.4 | 8.1 | 8.9 | 10.8 | (23.6) | 10.7 | 10.8 | 10.0 | 9.1 | 9.0 | 9.2 | 8.0 | 6.9 | 6.8 | 7.3 | 7.1 | 6.5 | 4.1 | 7.0 | 7.0 | 6.1 | 6.5 | 7.3 | 8.9 | 9.4 | 8.0 | 8.5 | 8.8 | 8.1 | 8.5 | 9.1 | 8.3 | 6.5 | 7.5 | 7.4 | 7.3 | 7.4 | 6.3 | 7.3 | 6.1 |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 15.5 | 16.7 | 13.3 | 11.5 | 11.5 | 11.8 | 11.8 | 11.7 | 11.7 | 11.9 | 11.5 | 11.3 | 10.1 | 10.1 | 10.1 | 10.0 | 10.0 | 10.3 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - |
| Net Income From Continuing Ops | (11.1) | (11.3) | (4.6) | (1.4) | (35.1) | (1.1) | (1.1) | (1.7) | (2.7) | (2.9) | (2.3) | (3.3) | (7.1) | (3.4) | (2.8) | (3.0) | (3.5) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (11.1) | (11.3) | (4.6) | (1.4) | (35.1) | (1.1) | (1.1) | (1.7) | (2.7) | (2.9) | (2.3) | (3.3) | (7.1) | (3.4) | (2.8) | (3.0) | (3.5) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (4.2) | (4.3) | (1.8) | (0.5) | (13.3) | (0.4) | (0.4) | (0.7) | (1.0) | (1.1) | (0.9) | (1.2) | (2.7) | (1.3) | (1.1) | (1.1) | ||||||||||||||||||||||||
| Less: Minority Interest | (6.9) | (7.0) | (2.9) | (0.8) | (21.8) | (0.7) | (0.7) | (1.1) | (1.7) | (1.8) | (1.4) | (2.0) | (4.4) | (2.1) | (1.7) | (1.8) | (2.2) | |||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (4.2) | (4.3) | (1.8) | (0.5) | (13.3) | (0.4) | (0.4) | (0.7) | (1.0) | (1.1) | (0.9) | (1.2) | (2.7) | (1.3) | (1.1) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.30) | - | (0.14) | (0.07) | (0.86) | - | (0.05) | (0.06) | (0.09) | - | (0.09) | (0.10) | (0.19) | - | (0.08) | (0.08) | (0.09) | - | (0.09) | (0.09) | (0.18) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.30) | - | - | - | (0.86) | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Shares Basic | 16.2 | - | 16.1 | 16.1 | 16.1 | - | 16.1 | 16.1 | 16.1 | - | 16.1 | 16.1 | 16.1 | - | 16.1 | 16.1 | 0.0 | - | ||||||||||||||||||||||
| Shares Diluted | 16.2 | - | - | - | 16.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | 12.4 | 16.4 | 16.9 | 18.1 | (15.9) | 18.3 | 18.2 | 17.5 | 16.5 | 16.6 | 16.5 | 15.3 | 13.7 | 13.5 | 14.1 | 13.8 | 13.2 | 10.9 | 13.4 | 13.3 | 12.3 | 12.7 | 13.3 | 14.8 | 15.0 | 13.6 | 13.4 | 13.4 | 12.7 | 13.1 | 13.5 | 12.8 | 11.1 | 12.1 | 11.4 | 11.4 | 11.3 | 11.0 | 11.4 | 9.5 |
| EBIT | 4.4 | 8.1 | 8.9 | 10.8 | (23.6) | 10.7 | 10.8 | 10.0 | 9.1 | 9.0 | 9.2 | 8.0 | 6.9 | 6.8 | 7.3 | 7.1 | 6.5 | 4.1 | 7.0 | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 15.8 | 15.5 | 14.2 | 13.2 | 12.8 | 10.6 | 9.7 | 9.2 | 9.9 | 9.9 | 8.4 | 5.3 |
| Depreciation & Amortization | 31.7 | 31.3 | 29.9 | 28.9 | 27.0 | 25.8 | 23.6 | 19.6 | 18.0 | 16.7 | 15.3 | 12.5 |
| Amortization of Intangibles | - | - | - | - | - | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 116.1 | 149.0 | 108.0 | 105.0 | 102.1 | 95.8 | 91.5 | 82.7 | 77.5 | 74.4 | 67.2 | 56.1 |
| 47.1 |
| 44.9 |
| 40.2 |
| 41.3 |
| 40.2 |
| 35.2 |
| 32.8 |
| 35.5 |
| 38.1 |
| 36.7 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - |
| (52.3) |
| (6.6) |
| (15.6) |
| (12.6) |
| (20.0) |
| (12.2) |
| (4.1) |
| (9.0) |
| (6.0) |
| (12.3) |
| (8.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (28.4) | (52.3) | (6.6) | (15.6) | (12.6) | (20.0) | (12.2) | (4.1) | (9.0) | (6.0) | (12.3) | (8.2) |
| Net Income Attributable To Parent | (10.8) | (19.9) | (2.5) | (5.9) | (4.8) | (7.6) | (4.9) | (1.7) | (3.6) | (2.4) | (3.7) | (5.1) |
| Less: Minority Interest | (17.6) | (32.4) | (4.1) | (9.7) | (7.8) | (12.4) | (7.3) | (2.5) | (5.4) | (3.6) | (8.6) | (3.1) |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | (0.0) | 0.0 | - |
| Net Income To Common Shareholders | (10.8) | (19.9) | (2.5) | (5.9) | (4.8) | (7.6) | (4.9) | (1.7) | (3.6) | (2.4) | (3.8) | (1.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 16.2 | 16.1 | 16.1 | 16.1 | 16.1 | 0.0 | - | - | - | - | - | - |
| Shares Diluted | 16.2 | - | - | - | - | - | - | - | - | - | - | - |
| 40.5 |
| 33.2 |
| 27.6 |
| 24.2 |
| 32.1 |
| 33.5 |
| 32.5 |
| 29.5 |
| 25.8 |
| 28.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.8 |
| 2.7 |
| 2.8 |
| 2.3 |
| 2.4 |
| 2.3 |
| 2.7 |
| 2.3 |
| 3.0 |
| 1.9 |
| 2.6 |
| 1.7 |
| 2.3 |
| 1.9 |
| 2.6 |
| 3.1 |
| 2.7 |
| 2.5 |
| 2.6 |
| 2.2 |
| 2.1 |
| 2.4 |
| 2.1 |
| 6.7 |
| 6.8 |
| 6.5 |
| 6.3 |
| 6.2 |
| 6.3 |
| 5.9 |
| 5.9 |
| 5.6 |
| 5.6 |
| 4.9 |
| 4.6 |
| 4.5 |
| 4.6 |
| 4.4 |
| 4.4 |
| 4.6 |
| 4.6 |
| 4.1 |
| 4.1 |
| 3.9 |
| 4.6 |
| 4.0 |
| 3.3 |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.5 |
| 24.0 |
| 23.7 |
| 23.7 |
| 24.5 |
| 23.9 |
| 23.6 |
| 22.2 |
| 21.9 |
| 22.6 |
| 20.9 |
| 19.6 |
| 19.5 |
| 19.4 |
| 18.8 |
| 19.0 |
| 20.3 |
| 19.8 |
| 18.7 |
| 18.0 |
| 17.9 |
| - |
| - |
| - |
| 10.4 |
| 10.4 |
| 10.2 |
| 10.3 |
| 10.2 |
| 10.0 |
| 9.8 |
| 10.0 |
| 8.7 |
| 8.2 |
| 8.3 |
| 8.2 |
| 8.1 |
| 8.0 |
| 8.5 |
| 9.0 |
| 8.9 |
| 8.9 |
| 8.7 |
| 9.4 |
| 9.9 |
| 9.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.2) |
| (3.4) |
| (3.2) |
| (7.1) |
| (3.8) |
| (2.9) |
| (5.2) |
| (0.4) |
| (2.7) |
| (0.2) |
| (1.2) |
| (0.1) |
| (1.6) |
| 1.3 |
| 0.3 |
| (9.0) |
| (1.5) |
| (1.6) |
| (1.6) |
| (1.3) |
| (3.1) |
| (2.5) |
| (3.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.2) |
| (3.4) |
| (3.2) |
| (7.1) |
| (3.8) |
| (2.9) |
| (5.2) |
| (0.4) |
| (2.7) |
| (0.2) |
| (1.2) |
| (0.1) |
| (1.6) |
| 1.3 |
| 0.3 |
| (9.0) |
| (1.5) |
| (1.6) |
| (1.6) |
| (1.3) |
| (3.1) |
| (2.5) |
| (3.5) |
| (1.3) |
| (2.4) |
| (1.3) |
| (1.2) |
| (2.7) |
| (1.5) |
| (1.2) |
| (2.1) |
| (0.2) |
| (1.1) |
| (0.1) |
| (0.5) |
| (0.1) |
| (0.6) |
| 0.5 |
| 0.1 |
| (3.6) |
| (0.6) |
| (0.6) |
| (0.6) |
| (0.5) |
| (0.9) |
| (0.8) |
| (1.1) |
| (3.9) |
| (2.1) |
| (2.0) |
| (4.4) |
| (2.3) |
| (1.7) |
| (3.1) |
| (0.2) |
| (1.6) |
| (0.1) |
| (0.7) |
| (0.1) |
| (0.9) |
| 0.7 |
| 0.2 |
| (5.4) |
| (0.9) |
| (0.9) |
| (1.0) |
| (0.8) |
| (2.1) |
| (1.8) |
| (2.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (1.1) |
| (1.3) |
| (2.4) |
| (1.3) |
| (1.2) |
| (2.7) |
| (1.5) |
| (1.2) |
| (2.1) |
| (0.2) |
| (1.1) |
| (0.1) |
| (0.5) |
| (0.1) |
| (0.6) |
| 0.5 |
| 0.1 |
| (3.6) |
| (0.6) |
| (0.6) |
| (0.7) |
| (0.5) |
| (0.9) |
| (0.8) |
| (1.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 16.1 |
| 16.1 |
| 16.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.0 |
| 6.1 |
| 6.5 |
| 7.3 |
| 8.9 |
| 9.4 |
| 8.0 |
| 8.5 |
| 8.8 |
| 8.1 |
| 8.5 |
| 9.1 |
| 8.3 |
| 6.5 |
| 7.5 |
| 7.4 |
| 7.3 |
| 7.4 |
| 6.3 |
| 7.3 |
| 6.1 |