| (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 | 1.5 | 0.9 | 0.9 | 0.9 | 0.9 | 35.7 | 0.6 | 0.5 | 0.5 | 201.2 | 0.0 | 70.0 | 100.0 | 0.0 | 0.1 | 0.2 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||
| Revenues | 4.1 | 3.5 | 37.3 | 371.2 | 1.2 | 915.0 | 0.7 | 289.6 | 3.1 | 41.0 | 5.2 | 0.2 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||
| Research & Development | 280.9 | 284.8 | 310.2 | 387.3 | 461.6 | 340.6 | 221.4 | 179.4 | 113.8 | 69.8 | 42.2 | 12.6 | 1.5 |
| Selling General & Administrative | |||||||||||||
| Operating Income | |||||||||||||
| Operating Income | (646.4) | (664.6) | (466.6) | (222.5) | (673.2) | 373.5 | (354.4) | 46.7 | (158.9) | (64.6) | (68.1) | (25.7) | (6.6) |
| Non-Operating | |||||||||||||
| Interest Income | - | - | 104.3 | 76.4 | 23.3 | - | - | - | - | - | - | - | - |
| Interest Expense | - | ||||||||||||
| Tax & Net | |||||||||||||
| Income Tax Expense | 3.4 | 3.6 | 3.6 | 2.9 | (0.3) | 1.9 | 0.8 | 0.4 | 0.6 | 1.7 | 0.5 | 0.0 | (0.1) |
| Net Income From Continuing Ops | |||||||||||||
| Per Share | |||||||||||||
| EPS Basic | (5.92) | (6.47) | (4.34) | (1.94) | (8.36) | 4.97 | (5.29) | 1.23 | (3.44) | (1.71) | - | - | - |
| EPS Diluted | (5.92) | ||||||||||||
| Supplementary Data | |||||||||||||
| EBITDA | (627.3) | (645.1) | (447.3) | (202.7) | (649.0) | 391.5 | (345.3) | 51.5 | (155.4) | (61.6) | (67.2) | (25.6) | (6.6) |
| EBIT | (646.4) | ||||||||||||
| 0.9 |
| 12.9 |
| 0.8 |
| 900.7 |
| 0.5 |
| 0.4 |
| 0.1 |
| 0.0 |
| 0.2 |
| 77.0 |
| 211.9 |
| 0.3 |
| 0.3 |
| 0.1 |
| 0.6 |
| 1.1 |
| 1.4 |
| 32.3 |
| 2.4 |
| 3.6 |
| 2.7 |
| 2.3 |
| 1.5 |
| 0.8 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 68.6 | 83.5 | 58.9 | 69.9 | 72.5 | 71.7 | 82.2 | 80.2 | 76.2 | 95.1 | 90.7 | 101.6 | 99.9 | 103.6 | 116.6 | 123.2 | 118.2 | 104.1 | 83.5 | 82.3 | 70.6 | 36.8 | 71.0 | 59.4 | 54.2 | 48.8 | 57.2 | 39.5 | 33.8 | 28.8 | 39.8 | 25.6 | 19.5 | 20.0 | 17.8 | 17.1 | 14.8 | 15.6 | 12.1 | 8.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 17.2 | 18.4 | 16.9 | 18.9 | 19.3 | 18.1 | 17.4 | 19.5 | 18.0 | 16.5 | 18.3 | 19.0 | 22.4 | 21.2 | 27.0 | 26.3 | 28.0 | |||||||||||||||||||||||
| Depreciation & Amortization | 4.3 | 5.7 | 4.4 | 4.6 | 4.7 | 4.8 | 4.8 | 4.8 | 4.8 | 4.9 | 4.9 | 5.0 | 5.1 | 5.8 | 5.0 | 7.3 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 131.7 | 155.6 | 132.9 | 230.2 | 149.3 | 100.3 | 110.7 | 151.8 | 141.1 | 131.6 | 132.4 | 165.2 | 164.5 | 131.5 | 182.5 | 183.4 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (130.2) | (154.8) | (132.1) | (229.3) | (148.4) | (64.6) | (110.1) | (151.3) | (140.6) | 69.6 | (132.4) | (95.2) | (64.5) | (131.5) | (182.4) | (183.3) | (176.0) | (145.7) | (128.8) | 762.6 | (114.5) | (107.8) | (92.4) | (80.7) | (73.6) | 11.0 | 139.2 | (55.0) | (48.4) | (45.2) | (49.4) | (37.3) | (27.0) | 1.0 | (23.6) | (21.3) | (20.7) | (25.3) | (14.6) | (16.6) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.6 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 8.2 | 24.8 | 26.2 | 22.1 | 13.5 | 28.0 | 25.1 | 26.1 | 24.7 | 20.0 | 20.7 | 18.4 | 12.7 | 11.5 | 7.3 | 3.5 | 0.4 | |||||||||||||||||||||||
| Pre-Tax Income | (122.1) | (130.0) | (105.8) | (207.3) | (134.9) | (36.6) | (85.1) | (125.1) | (115.9) | 89.6 | (111.7) | (76.8) | (51.7) | (120.1) | (175.1) | (179.7) | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.8 | 0.6 | 0.6 | 1.3 | 1.1 | 0.7 | 0.9 | 1.3 | 0.7 | 0.2 | 0.4 | 0.9 | 1.3 | (9.5) | (0.6) | 6.1 | 3.6 | (2.3) | (0.6) | 4.1 | 0.6 | (0.1) | 0.2 | 0.4 | 0.4 | 0.0 | 0.3 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.4 | 0.7 | 0.3 | 0.3 | 0.4 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (122.9) | (130.6) | (106.4) | (208.5) | (136.0) | (37.3) | (85.9) | (126.4) | (116.6) | 89.3 | (112.2) | (77.7) | (53.1) | (110.6) | (174.5) | (185.8) | (179.2) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (122.9) | (130.6) | (106.4) | (208.5) | (136.0) | (37.3) | (85.9) | (126.4) | (116.6) | 89.3 | (112.2) | (77.7) | (53.1) | (110.6) | (174.5) | (185.8) | (179.2) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (122.9) | (130.6) | (106.4) | (208.5) | (136.0) | (37.3) | (85.9) | (126.4) | (116.6) | 89.3 | (112.2) | (77.7) | (53.1) | (110.6) | (174.5) | (185.8) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (122.9) | (130.6) | (106.4) | (208.5) | (136.0) | (37.3) | (85.9) | (126.4) | (116.6) | 89.3 | (112.2) | (77.7) | (53.1) | (110.6) | (174.5) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.28) | - | (1.17) | (2.40) | (1.58) | - | (1.01) | (1.49) | (1.43) | - | (1.41) | (0.98) | (0.67) | - | (2.24) | (2.40) | (2.32) | - | (1.67) | 10.01 | (1.51) | - | (1.32) | (1.30) | (1.15) | - | 2.52 | - | - | - | (1.07) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.28) | - | (1.17) | (2.40) | (1.58) | - | (1.01) | (1.49) | (1.43) | - | (1.41) | (0.98) | (0.67) | - | (2.24) | (2.40) | (2.32) | - | ||||||||||||||||||||||
| Shares Basic | 96.1 | - | 91.3 | 87.1 | 85.9 | - | 85.2 | 84.9 | 81.8 | - | 79.4 | 79.1 | 78.7 | - | 78.0 | 77.5 | 77.1 | - | ||||||||||||||||||||||
| Shares Diluted | 96.1 | - | 91.3 | 87.1 | 85.9 | - | 85.2 | 84.9 | 81.8 | - | 79.4 | 79.1 | 78.7 | - | 78.0 | 77.5 | 77.1 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (125.9) | (149.0) | (127.7) | (224.7) | (143.7) | (59.8) | (105.3) | (146.5) | (135.8) | 74.5 | (127.5) | (90.2) | (59.4) | (125.7) | (177.4) | (176.0) | (169.9) | (139.4) | (123.5) | 766.2 | (111.8) | (105.2) | (90.1) | (78.5) | (71.5) | 12.6 | 140.5 | (54.0) | (47.6) | (44.2) | (48.6) | (36.4) | (26.2) | 1.8 | (22.8) | (20.6) | (20.0) | (24.8) | (14.4) | (16.5) |
| EBIT | (130.2) | (154.8) | (132.1) | (229.3) | (148.4) | (64.6) | (110.1) | (151.3) | (140.6) | 69.6 | (132.4) | (95.2) | (64.5) | (131.5) | (182.4) | (183.3) | (176.0) | (145.7) | (128.8) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 71.4 | 73.5 | 73.0 | 76.2 | 102.5 | 99.7 | 85.7 | 63.5 | 48.3 | 35.8 | 31.1 | 13.4 | 5.1 |
| Depreciation & Amortization | 19.1 | 19.5 | 19.3 | 19.8 | 24.2 | 18.0 | 9.2 | 4.7 | 3.5 | 3.0 | 0.9 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 650.5 | 668.1 | 503.9 | 593.7 | 674.4 | 541.4 | 355.2 | 242.9 | 162.1 | 105.6 | 73.3 | 26.0 | 6.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | (5.5) | (4.3) | (1.8) | (36.5) | - | - |
| Other Non-Operating Income | 81.2 | 86.6 | 103.9 | 71.8 | 22.7 | 6.0 | 6.4 | 20.6 | (5.5) | (2.0) | 45.4 | (0.1) | (0.2) |
| Pre-Tax Income | (565.2) | (578.0) | (362.7) | (150.7) | (650.5) | 379.5 | (348.1) | 67.3 | (164.4) | (66.6) | (22.7) | (25.8) | (6.9) |
| (568.5) |
| (581.6) |
| (366.3) |
| (153.6) |
| (650.2) |
| 377.7 |
| (348.9) |
| 66.9 |
| (165.0) |
| (68.4) |
| (23.2) |
| (25.8) |
| (6.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (568.5) | (581.6) | (366.3) | (153.6) | (650.2) | 377.7 | (348.9) | 66.9 | (165.0) | (68.4) | (23.2) | (25.8) | (6.8) |
| Net Income Attributable To Parent | (568.5) | (581.6) | (366.3) | (153.6) | (650.2) | 377.7 | (348.9) | 66.9 | (165.0) | (68.4) | (23.2) | (25.5) | (7.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | (0.0) | (0.3) | (0.5) |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (568.5) | (581.6) | (366.3) | (153.6) | (650.2) | 377.7 | (348.9) | 66.9 | (165.0) | (68.4) | (23.2) | (25.5) | (7.0) |
| (6.47) |
| (4.34) |
| (1.94) |
| (8.36) |
| 4.70 |
| (5.29) |
| 1.17 |
| (3.44) |
| (1.71) |
| - |
| - |
| - |
| Shares Basic | 96.1 | 89.9 | 84.4 | 79.2 | 77.7 | 75.9 | 65.9 | 54.4 | 48.0 | 40.1 | - | - | - |
| Shares Diluted | 96.1 | 89.9 | 84.4 | 79.2 | 77.7 | 80.4 | 65.9 | 56.9 | 48.0 | 40.1 | - | - | - |
| (664.6) |
| (466.6) |
| (222.5) |
| (673.2) |
| 373.5 |
| (354.4) |
| 46.7 |
| (158.9) |
| (64.6) |
| (68.1) |
| (25.7) |
| (6.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.7 |
| 23.7 |
| 28.8 |
| 24.5 |
| 23.3 |
| 21.5 |
| 21.4 |
| 19.6 |
| 17.3 |
| 15.5 |
| 15.8 |
| 14.9 |
| 16.5 |
| 10.2 |
| 12.7 |
| 8.8 |
| 11.3 |
| 8.1 |
| 7.8 |
| 8.6 |
| 12.1 |
| 4.1 |
| 8.8 |
| 6.0 |
| 6.3 |
| 5.3 |
| 3.6 |
| 2.7 |
| 2.6 |
| 2.3 |
| 2.2 |
| 2.1 |
| 1.6 |
| 1.3 |
| 1.0 |
| 0.8 |
| 1.0 |
| 0.8 |
| 0.9 |
| 0.8 |
| 0.8 |
| 0.8 |
| 0.7 |
| 0.7 |
| 0.5 |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 176.9 |
| 158.6 |
| 129.7 |
| 138.1 |
| 115.1 |
| 108.1 |
| 92.5 |
| 80.7 |
| 73.7 |
| 66.0 |
| 72.8 |
| 55.3 |
| 48.8 |
| 45.3 |
| 50.0 |
| 38.4 |
| 28.4 |
| 31.4 |
| 26.0 |
| 24.9 |
| 23.4 |
| 27.7 |
| 16.2 |
| 17.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (3.4) |
| (1.0) |
| (1.0) |
| (1.0) |
| (1.0) |
| (1.2) |
| (1.1) |
| (0.5) |
| (0.4) |
| (0.5) |
| (0.4) |
| - |
| - |
| (0.7) |
| 2.2 |
| 1.1 |
| 0.8 |
| 2.0 |
| 0.6 |
| 0.2 |
| 1.4 |
| 4.2 |
| 19.6 |
| (0.5) |
| 1.4 |
| 0.1 |
| (2.1) |
| (1.1) |
| (1.0) |
| (1.2) |
| (0.4) |
| (0.4) |
| (0.7) |
| (0.5) |
| 42.8 |
| (0.1) |
| (0.6) |
| (175.6) |
| (143.5) |
| (127.7) |
| 763.4 |
| (112.6) |
| (107.2) |
| (92.2) |
| (79.3) |
| (69.4) |
| 30.5 |
| 138.7 |
| (53.6) |
| (48.3) |
| (47.4) |
| (50.6) |
| (38.3) |
| (28.2) |
| 0.6 |
| (24.0) |
| (22.0) |
| (21.2) |
| 17.5 |
| (14.7) |
| (17.2) |
| (141.2) |
| (127.2) |
| 759.2 |
| (113.2) |
| (107.0) |
| (92.4) |
| (79.7) |
| (69.7) |
| 30.5 |
| 138.4 |
| (53.7) |
| (48.4) |
| (47.6) |
| (50.7) |
| (38.4) |
| (28.3) |
| 0.1 |
| (24.7) |
| (22.3) |
| (21.5) |
| 17.1 |
| (14.7) |
| (17.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (141.2) |
| (127.2) |
| 759.2 |
| (113.2) |
| (107.0) |
| (92.4) |
| (79.7) |
| (69.7) |
| 30.5 |
| 138.4 |
| (53.7) |
| (48.4) |
| (47.6) |
| (50.7) |
| (38.4) |
| (28.3) |
| 0.1 |
| (24.7) |
| (22.3) |
| (21.5) |
| 17.1 |
| (14.7) |
| (17.2) |
| (179.2) |
| (141.2) |
| (127.2) |
| 759.2 |
| (113.2) |
| (107.0) |
| (92.4) |
| (79.7) |
| (69.7) |
| 30.5 |
| 138.4 |
| (53.7) |
| (48.4) |
| (47.6) |
| (50.7) |
| (38.4) |
| (28.3) |
| 0.1 |
| (24.7) |
| (22.3) |
| (21.5) |
| 17.1 |
| (14.7) |
| (17.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (185.8) |
| (179.2) |
| (141.2) |
| (127.2) |
| 759.2 |
| (113.2) |
| (107.0) |
| (92.4) |
| (79.7) |
| (69.7) |
| 30.5 |
| 138.4 |
| (53.7) |
| (48.4) |
| (47.6) |
| (50.7) |
| (38.4) |
| (28.3) |
| 0.1 |
| (24.7) |
| (22.3) |
| (21.5) |
| 17.1 |
| (14.7) |
| (17.2) |
| (1.67) |
| 9.44 |
| (1.51) |
| - |
| (1.32) |
| (1.30) |
| (1.15) |
| - |
| 2.40 |
| - |
| - |
| - |
| (1.07) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 76.3 |
| 75.8 |
| 75.0 |
| - |
| 70.1 |
| 61.4 |
| 60.8 |
| - |
| 54.8 |
| - |
| - |
| - |
| 47.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 76.3 |
| 80.4 |
| 75.0 |
| - |
| 70.1 |
| 61.4 |
| 60.8 |
| - |
| 57.6 |
| - |
| - |
| - |
| 47.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 762.6 |
| (114.5) |
| (107.8) |
| (92.4) |
| (80.7) |
| (73.6) |
| 11.0 |
| 139.2 |
| (55.0) |
| (48.4) |
| (45.2) |
| (49.4) |
| (37.3) |
| (27.0) |
| 1.0 |
| (23.6) |
| (21.3) |
| (20.7) |
| (25.3) |
| (14.6) |
| (16.6) |