| (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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 2,078.0 | 1,571.5 | 1,364.7 | 1,212.8 | 982.0 | 747.0 | 583.9 | 395.4 | 188.7 |
| Cost of Revenue | 716.0 | 509.5 | 368.8 | 312.7 | 262.0 | 181.8 | 143.1 | 108.8 | 59.2 |
| Gross Profit | 1,362.0 | 1,062.0 | 995.9 | 900.1 | 720.0 | 565.2 | 440.8 | 286.5 | 129.5 |
| Operating Expenses | |||||||||
| Research & Development | 104.0 | 109.0 | 93.0 | 80.0 | 70.0 | 21.0 | 14.0 | 12.0 | 9.0 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (144.0) | (90.1) | 51.9 | 19.2 | (27.0) | 112.3 | 117.1 | 77.7 | 16.8 |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | 427.0 | 351.4 | 283.4 | 256.2 | 257.0 | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 84.0 | (15.1) | (126.7) | 47.8 | 46.0 | 21.8 | 41.7 | 40.2 | 15.4 |
| Net Income From Continuing Ops | (740.0) | (451.4) | (110.1) | (290.5) | |||||
| Per Share | |||||||||
| EPS Basic | (1.40) | - | (0.22) | (0.60) | (1.40) | - | (1.82) | (1.62) | (0.62) |
| EPS Diluted | (1.40) | - | (0.22) | (0.60) | (1.49) | ||||
| Supplementary Data | |||||||||
| EBITDA | 1,003.0 | 746.9 | 672.9 | 572.2 | 416.0 | 478.8 | 370.1 | 241.7 | 96.4 |
| EBIT | (144.0) | (90.1) | 51.9 | 19.2 | (27.0) | ||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenues | ||||
| Revenues | 6,227.0 | 5,131.0 | 1,915.0 | 229.0 |
| Cost of Revenue | 1,907.0 | 1,453.0 | 493.0 | 69.0 |
| Gross Profit | 4,320.0 | 3,678.0 | 1,422.0 | 160.0 |
| Operating Expenses | ||||
| Research & Development | 386.0 | 352.0 | 56.0 | 21.0 |
| Selling General & Administrative | - | - | - | - |
| Selling & Marketing | 202.0 | 144.0 | 18.0 | |
| Operating Income | ||||
| Operating Income | (163.0) | (46.0) | 324.0 | (14.0) |
| Non-Operating | ||||
| Interest Income | - | - | - | - |
| Interest Expense | 1,318.0 | 1,148.0 | 349.0 | 27.0 |
| Income From Equity Investments | - | - | - | |
| Tax & Net | ||||
| Income Tax Expense | (10.0) | (48.0) | 119.0 | 36.0 |
| Net Income From Continuing Ops | (1,592.0) | (1,167.0) | (863.0) | (594.0) |
| Net Income From Discontinued Ops | - | - | - | |
| Per Share | ||||
| EPS Basic | (3.02) | (2.75) | (4.30) | (3.09) |
| EPS Diluted | (3.02) | (2.81) | (4.30) | (3.09) |
| Shares Basic | 527.0 | 435.0 | 218.0 | 192.0 |
| Supplementary Data | ||||
| EBITDA | 2,995.0 | 2,408.0 | 1,187.0 | 89.0 |
| EBIT | (163.0) | (46.0) | 324.0 | (14.0) |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 69.0 | 51.6 | 44.6 | 36.8 | 11.0 | 5.2 | 4.6 | 4.2 | 4.1 |
| General & Administrative | 164.0 | 149.9 | 151.9 | 174.2 | 175.0 | 47.9 | 33.6 | 21.8 | 15.7 |
| Depreciation & Amortization | 1,147.0 | 837.0 | 621.0 | 553.0 | 443.0 | 366.5 | 253.0 | 164.0 | 79.5 |
| Amortization of Intangibles | - | 10.0 | 10.0 | 6.0 | 1.0 | (3.0) | 1.0 | 1.0 | 1.0 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 2,222.0 | 1,661.6 | 1,312.8 | 1,193.6 | 1,009.0 | 634.7 | 466.8 | 317.7 | 171.8 |
| 139.1 |
| 102.3 |
| 67.1 |
| 40.5 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 24.0 | 11.1 | 21.9 | 5.0 | (5.0) | 14.9 | 10.2 | 16.4 | 7.5 |
| Pre-Tax Income | (656.0) | (466.5) | (236.8) | (242.7) | (269.0) | (29.1) | (318.1) | (282.9) | (113.8) |
| (315.0) |
| (50.9) |
| (359.8) |
| (323.0) |
| (129.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (740.0) | (451.4) | (110.1) | (290.5) | (315.0) | (50.9) | (359.8) | (323.0) | (129.2) |
| Net Income Attributable To Parent | (740.0) | (451.4) | (110.1) | (290.5) | (315.0) | (50.9) | (359.8) | (323.0) | (129.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | 0.0 | 1.0 | 0.0 | 0.0 | 28.0 | 29.0 | 29.4 | 15.6 | 0.0 |
| Net Income To Common Shareholders | (740.0) | (452.4) | (110.1) | (290.5) | (343.0) | (80.0) | (389.2) | (338.6) | (129.2) |
| - |
| (1.82) |
| (1.62) |
| (0.62) |
| Shares Basic | 527.0 | - | 497.9 | 486.6 | 246.0 | - | 213.8 | 209.6 | 209.2 |
| Shares Diluted | 527.0 | - | 497.9 | 486.6 | 249.0 | - | 213.8 | 209.6 | 209.2 |
| 112.3 |
| 117.1 |
| 77.7 |
| 16.8 |
| 13.0 |
| General & Administrative | 640.0 | 651.0 | 119.0 | 30.0 |
| Depreciation & Amortization | 3,158.0 | 2,454.0 | 863.0 | 103.0 |
| Amortization of Intangibles | - | 27.0 | 0.0 | 0.0 |
| Other Operating Expenses | - | - | - | - |
| Total Operating Expenses | 6,390.0 | 5,177.0 | 1,591.0 | 243.0 |
| - |
| Other Non-Operating Income | 62.0 | 33.0 | 49.0 | 18.0 |
| Pre-Tax Income | (1,602.0) | (1,215.0) | (744.0) | (558.0) |
| - |
| Net Income | (1,592.0) | (1,167.0) | (863.0) | (594.0) |
| Net Income Attributable To Parent | (1,592.0) | (1,167.0) | (863.0) | (594.0) |
| Less: Minority Interest | - | - | - | - |
| Less: Preferred Dividends | 1.0 | 29.0 | 74.0 | 0.0 |
| Net Income To Common Shareholders | (1,593.0) | (1,196.0) | (937.0) | (594.0) |
| Shares Diluted | 527.0 | 436.0 | 218.0 | 192.0 |