| (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 | Q3 FY 18 | Q2 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||
| Revenues | 44.6 | 43.5 | 43.0 | 39.4 | 33.7 | 40.3 | 44.7 | 45.2 | 47.1 | 46.8 | 43.0 | 59.5 | 77.4 | 84.5 | 81.2 | 69.3 | |||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 170.5 | 159.6 | 177.3 | 226.8 | 296.9 | 335.9 | 278.5 | 267.0 | 241.8 | 216.7 |
| Cost of Revenue | 98.2 | 95.5 | 114.4 | 149.9 | 151.8 | 175.1 | 139.0 | 135.8 | 126.3 | 106.0 |
| Gross Profit | 72.2 | 64.2 | 62.9 | 76.8 | 145.1 | 160.8 | 139.4 | 131.2 | 115.5 | 110.7 |
| Operating Expenses | ||||||||||
| Research & Development | 31.4 | 32.9 | 39.3 | 53.5 | 49.9 | 51.3 | 46.4 | 47.7 | 38.9 | 32.2 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (19.5) | (28.0) | (70.4) | (53.8) | 19.9 | 36.4 | 23.9 | 1.3 | 6.4 | 14.9 |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 9.1 | 9.0 | 5.8 | 2.5 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 1.6 | 1.5 | (1.9) | 17.5 | (2.2) | (5.5) | (0.4) | 10.3 | (0.8) | (0.4) |
| Net Income From Continuing Ops | (29.9) | (38.5) | (74.5) | |||||||
| Per Share | ||||||||||
| EPS Basic | (1.03) | (1.34) | (2.65) | (2.69) | 0.75 | 1.42 | 0.72 | (0.89) | (0.11) | - |
| EPS Diluted | (1.03) | (1.34) | (2.65) | (2.69) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (17.9) | (26.5) | (64.6) | (47.6) | 25.8 | 42.6 | 30.6 | 7.2 | 15.1 | 23.7 |
| EBIT | (19.5) | (28.0) | (70.4) | (53.8) | ||||||
| 61.9 |
| 78.7 |
| 75.9 |
| 92.7 |
| 88.5 |
| 82.8 |
| 73.0 |
| 62.3 |
| 60.4 |
| 64.1 |
| 65.7 |
| 69.2 |
| 68.1 |
| 59.0 |
| 61.0 |
| Cost of Revenue | 21.9 | 26.5 | 26.6 | 23.3 | 19.1 | 25.6 | 25.2 | 30.5 | 33.1 | 49.8 | 32.1 | 30.3 | 37.7 | 43.1 | 40.0 | 35.9 | 32.7 | 44.2 | 39.9 | 46.6 | 44.3 | 40.6 | 36.9 | 31.8 | 29.8 | 30.8 | 33.9 | 34.8 | 36.3 | 31.5 | 31.7 |
| Gross Profit | 22.7 | 17.1 | 16.4 | 16.1 | 14.6 | 14.7 | 19.5 | 14.7 | 14.0 | (3.0) | 11.0 | 29.2 | 39.7 | 41.4 | 41.2 | 33.4 | 29.2 | 34.5 | 36.0 | 46.1 | 44.2 | 42.2 | 36.1 | 30.5 | 30.6 | 33.3 | 31.8 | 34.3 | 31.8 | 27.5 | 29.3 |
| Operating Expenses | |||||||||||||||||||||||||||||||
| Research & Development | 7.9 | 8.4 | 7.7 | 7.4 | 9.4 | 10.1 | 9.3 | 9.1 | 10.8 | 13.1 | 13.2 | 13.0 | 14.3 | 12.9 | 12.6 | 11.4 | 12.9 | 15.0 | 12.1 | 12.6 | 11.6 | 15.0 | 10.2 | 9.3 | 11.8 | 12.1 | 9.9 | 15.2 | 10.5 | 9.8 | 9.7 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Selling & Marketing | 7.6 | 7.5 | 7.1 | 8.2 | 8.4 | 8.9 | 8.4 | 9.7 | 9.7 | 10.0 | 9.7 | 11.5 | 11.7 | 12.1 | 11.0 | 10.8 | 10.4 | ||||||||||||||
| General & Administrative | 8.0 | 6.6 | 7.1 | 6.4 | 6.3 | 5.9 | 6.2 | 6.5 | 7.4 | 6.9 | 8.7 | 5.8 | 6.7 | 5.4 | 6.1 | 7.0 | 6.5 | ||||||||||||||
| Depreciation & Amortization | 0.3 | 0.4 | 0.4 | 0.5 | 0.1 | 0.8 | 1.7 | 1.7 | 1.6 | 1.6 | 1.5 | 1.6 | 1.5 | 1.5 | 1.5 | 1.5 | |||||||||||||||
| Amortization of Intangibles | - | - | 0.0 | - | 0.0 | (0.1) | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | ||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Total Operating Expenses | 23.8 | 23.0 | 22.3 | 22.6 | 24.2 | 26.2 | 50.6 | 27.0 | 29.6 | 31.6 | 33.1 | 31.9 | 34.1 | 31.9 | 31.2 | 30.8 | |||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | (1.2) | (6.0) | (5.8) | (6.6) | (9.6) | (11.4) | (31.1) | (12.3) | (15.6) | (34.6) | (22.1) | (2.7) | 5.6 | 9.5 | 10.0 | 2.7 | (2.2) | 2.9 | 5.8 | 14.3 | 13.4 | 11.4 | 7.3 | 4.8 | 0.4 | 1.9 | 4.1 | (9.4) | 4.7 | (1.1) | 2.9 |
| Non-Operating | |||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 2.0 | 2.3 | 2.4 | 2.3 | 2.0 | 1.9 | 1.7 | 1.4 | 0.9 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.4 | 0.5 | 1.1 | |||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Other Non-Operating Income | 0.2 | (0.0) | 0.1 | 0.0 | (0.1) | 0.0 | (0.0) | (0.0) | (0.1) | 0.0 | (0.1) | (0.1) | (0.2) | (0.0) | (0.2) | 0.4 | (0.1) | ||||||||||||||
| Pre-Tax Income | (3.0) | (8.3) | (8.2) | (8.9) | (11.6) | (13.3) | (32.8) | (13.7) | (16.5) | (35.3) | (22.8) | (3.3) | 4.8 | 8.9 | 9.3 | 2.6 | |||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||
| Income Tax Expense | 0.4 | 0.6 | 0.3 | 0.3 | 0.4 | (6.1) | 1.7 | 0.6 | 1.9 | 14.2 | 3.4 | (0.7) | 0.5 | (1.1) | (0.2) | 0.3 | (1.2) | 0.4 | 0.4 | 1.4 | (7.6) | (0.7) | 0.1 | (0.0) | 0.1 | 1.2 | 0.0 | 8.6 | 0.4 | (0.7) | 0.2 |
| Net Income From Continuing Ops | (3.4) | (8.9) | (8.5) | (9.1) | (12.0) | (7.2) | (34.5) | (14.2) | (18.4) | (49.5) | (26.2) | (2.6) | 4.3 | 10.0 | 9.4 | 2.3 | (1.6) | ||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Net Income | (3.4) | (8.9) | (8.5) | (9.1) | (12.0) | (7.2) | (34.5) | (14.2) | (18.4) | (49.5) | (26.2) | (2.6) | 4.3 | 10.0 | 9.4 | 2.3 | (1.6) | ||||||||||||||
| Net Income Attributable To Parent | (3.4) | (8.9) | (8.5) | (9.1) | (12.0) | (7.2) | (34.5) | (14.2) | (18.4) | (49.5) | (26.2) | (2.6) | 4.3 | 10.0 | 9.4 | 2.3 | |||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Net Income To Common Shareholders | (3.4) | (8.9) | (8.5) | (9.1) | (12.0) | (7.2) | (34.5) | (14.2) | (18.4) | (49.5) | (26.2) | (2.6) | 4.3 | 10.0 | 9.4 | ||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||
| EPS Basic | (0.12) | - | (0.30) | (0.32) | (0.42) | - | (1.22) | (0.51) | (0.66) | - | (0.95) | (0.10) | 0.16 | - | 0.35 | 0.09 | (0.06) | - | 0.17 | 0.44 | 0.76 | - | 0.22 | 0.13 | (0.03) | - | 0.08 | (1.47) | - | - | - |
| EPS Diluted | (0.12) | - | (0.30) | (0.32) | (0.42) | - | (1.22) | (0.51) | (0.66) | - | (0.95) | (0.10) | 0.15 | - | 0.34 | 0.08 | (0.06) | - | |||||||||||||
| Shares Basic | 29.0 | - | 28.8 | 28.7 | 28.6 | - | 28.2 | 27.9 | 27.8 | - | 27.6 | 27.4 | 27.3 | - | 27.0 | 26.8 | 26.7 | - | |||||||||||||
| Shares Diluted | 29.0 | - | 28.8 | 28.7 | 28.6 | - | 28.2 | 27.9 | 27.8 | - | 27.6 | 27.4 | 28.5 | - | 28.0 | 27.6 | 26.7 | - | |||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||
| EBITDA | (0.8) | (5.5) | (5.4) | (6.1) | (9.5) | (10.6) | (29.4) | (10.6) | (13.9) | (33.0) | (20.6) | (1.1) | 7.1 | 10.9 | 11.5 | 4.2 | (0.7) | 4.4 | 7.4 | 15.9 | 15.0 | 13.0 | 9.0 | 6.5 | 2.1 | 3.8 | 5.6 | (8.2) | 6.0 | 1.4 | 5.2 |
| EBIT | (1.2) | (6.0) | (5.8) | (6.6) | (9.6) | (11.4) | (31.1) | (12.3) | (15.6) | (34.6) | (22.1) | (2.7) | 5.6 | 9.5 | 10.0 | 2.7 | (2.2) | 2.9 | 5.8 | ||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 30.3 | 31.2 | 36.7 | 42.9 | 44.5 | 41.8 | 37.8 | 46.3 | 42.7 | 37.2 |
| General & Administrative | 28.1 | 26.4 | 26.0 | 28.1 | 25.0 | 25.1 | 24.7 | 30.1 | 18.8 | 17.6 |
| Depreciation & Amortization | 1.7 | 1.5 | 5.8 | 6.2 | 6.0 | 6.2 | 6.6 | 5.9 | 8.8 | 8.8 |
| Amortization of Intangibles | - | 0.0 | 1.1 | 1.5 | 1.6 | 2.1 | 2.2 | 1.6 | 4.2 | 4.8 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 91.7 | 92.1 | 133.3 | 130.7 | 125.3 | 124.4 | 115.5 | 129.9 | 109.1 | 95.8 |
| 2.0 |
| 4.3 |
| 5.3 |
| 8.1 |
| 8.1 |
| 5.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.3 | (0.0) | (0.1) | (0.3) | 0.1 | (0.2) | (0.5) | (0.5) | (0.6) | - |
| Pre-Tax Income | (28.3) | (37.0) | (76.3) | (56.6) | 18.0 | 31.9 | 18.1 | (7.3) | (2.3) | 9.4 |
| (74.1) |
| 20.2 |
| 37.4 |
| 18.6 |
| (17.6) |
| (1.5) |
| 9.8 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (29.9) | (38.5) | (74.5) | (74.1) | 20.2 | 37.4 | 18.6 | (17.6) | (1.5) | 9.8 |
| Net Income Attributable To Parent | (29.9) | (38.5) | (74.5) | (74.1) | 20.2 | 37.4 | 18.6 | (17.6) | (1.5) | 9.1 |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | 0.7 |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (29.9) | (38.5) | (74.5) | (74.1) | 20.2 | 37.4 | 18.6 | (17.6) | (1.5) | 9.1 |
| 0.72 |
| 1.31 |
| 0.70 |
| (0.89) |
| (0.11) |
| - |
| Shares Basic | 29.0 | 28.8 | 28.1 | 27.5 | 26.9 | 26.4 | 25.7 | 19.7 | 13.6 | - |
| Shares Diluted | 29.0 | 28.8 | 28.1 | 27.5 | 28.0 | 28.6 | 26.4 | 19.7 | 13.6 | - |
| 19.9 |
| 36.4 |
| 23.9 |
| 1.3 |
| 6.4 |
| 14.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.1 |
| 9.9 |
| 9.7 |
| 10.0 |
| 11.1 |
| 8.3 |
| 8.0 |
| 10.3 |
| 11.4 |
| 10.4 |
| 14.2 |
| 10.2 |
| 10.8 |
| 10.1 |
| 3.0 |
| 6.6 |
| 7.9 |
| 7.5 |
| 3.0 |
| 8.6 |
| 6.6 |
| 6.4 |
| 5.9 |
| 6.0 |
| 13.1 |
| 5.1 |
| 5.5 |
| 4.3 |
| 1.4 |
| 1.5 |
| 1.5 |
| 1.6 |
| 1.6 |
| 1.6 |
| 1.6 |
| 1.7 |
| 1.7 |
| 1.9 |
| 1.4 |
| 1.2 |
| 1.3 |
| 2.4 |
| 2.3 |
| 0.4 |
| 0.6 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.6 |
| 0.6 |
| 0.4 |
| 0.3 |
| 0.3 |
| 1.2 |
| 1.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.4 |
| 31.6 |
| 30.2 |
| 31.8 |
| 30.8 |
| 30.8 |
| 28.8 |
| 25.7 |
| 30.3 |
| 31.4 |
| 27.7 |
| 43.7 |
| 27.1 |
| 28.6 |
| 26.4 |
| 0.8 |
| 1.3 |
| 1.1 |
| 1.2 |
| 1.3 |
| 1.5 |
| 1.3 |
| 1.4 |
| 2.1 |
| 2.3 |
| 2.3 |
| 2.0 |
| 2.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.1) |
| (0.1) |
| (0.0) |
| (0.4) |
| (0.3) |
| 0.0 |
| 0.2 |
| (0.3) |
| (0.1) |
| (0.1) |
| (0.1) |
| - |
| - |
| (2.8) |
| 1.8 |
| 5.0 |
| 12.9 |
| 12.2 |
| 9.8 |
| 5.7 |
| 3.3 |
| (0.8) |
| 0.2 |
| 2.0 |
| (11.8) |
| 2.3 |
| (3.2) |
| 0.7 |
| 1.4 |
| 4.6 |
| 11.5 |
| 19.9 |
| 10.5 |
| 5.6 |
| 3.3 |
| (0.8) |
| (1.0) |
| 2.0 |
| (20.4) |
| 1.9 |
| (2.6) |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.4 |
| 4.6 |
| 11.5 |
| 19.9 |
| 10.5 |
| 5.6 |
| 3.3 |
| (0.8) |
| (1.0) |
| 2.0 |
| (20.4) |
| 1.9 |
| (2.6) |
| 0.5 |
| (1.6) |
| 1.4 |
| 4.6 |
| 11.5 |
| 19.9 |
| 10.5 |
| 5.6 |
| 3.3 |
| (0.8) |
| (1.0) |
| 2.0 |
| (20.4) |
| 1.9 |
| (2.6) |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.3 |
| (1.6) |
| 1.4 |
| 4.6 |
| 11.5 |
| 19.9 |
| 10.5 |
| 5.6 |
| 3.3 |
| (0.8) |
| (1.0) |
| 2.0 |
| (20.4) |
| 1.9 |
| (2.6) |
| 0.5 |
| 0.16 |
| 0.40 |
| 0.70 |
| - |
| 0.21 |
| 0.13 |
| (0.03) |
| - |
| 0.08 |
| (1.47) |
| - |
| - |
| - |
| 26.5 |
| 26.4 |
| 26.1 |
| - |
| 25.7 |
| 25.7 |
| 25.7 |
| - |
| 25.6 |
| 13.9 |
| - |
| - |
| - |
| 28.6 |
| 28.9 |
| 28.5 |
| - |
| 26.3 |
| 25.8 |
| 25.7 |
| - |
| 25.6 |
| 13.9 |
| - |
| - |
| - |
| 14.3 |
| 13.4 |
| 11.4 |
| 7.3 |
| 4.8 |
| 0.4 |
| 1.9 |
| 4.1 |
| (9.4) |
| 4.7 |
| (1.1) |
| 2.9 |