| (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 | Q3 FY 20 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 14.8 | 16.0 | 14.7 | 13.6 | 12.3 | 15.3 | 13.4 | 11.8 | 10.8 | 11.3 | 10.5 | 9.5 | 8.0 | 7.2 | 6.2 | 5.0 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 59.1 | 56.7 | 51.3 | 39.3 | 22.5 | 13.0 | 6.1 |
| Cost of Revenue | 8.2 | 8.3 | 8.3 | 6.3 | 5.0 | 3.6 | 1.4 |
| Gross Profit | 50.9 | 48.3 | 43.0 | 33.0 | 17.5 | 9.4 | 4.6 |
| Operating Expenses | |||||||
| Research & Development | 11.7 | 11.1 | 11.1 | 11.6 | 10.0 | 7.5 | 6.4 |
| Selling General & Administrative | 89.2 | 88.5 | 91.3 | 64.5 | 50.0 | ||
| Operating Income | |||||||
| Operating Income | (50.0) | (51.3) | (59.5) | (43.1) | (42.5) | (26.0) | (11.5) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | 5.9 | 5.8 | 4.4 | 1.8 | 0.2 | 2.2 | 2.5 |
| Tax & Net | |||||||
| Income Tax Expense | (0.0) | (0.0) | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income From Continuing Ops | (52.7) | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | |
| Per Share | |||||||
| EPS Basic | (2.00) | (2.04) | (2.65) | (1.99) | (2.02) | (4.16) | - |
| EPS Diluted | (2.00) | (2.04) | (2.65) | (1.99) | (2.02) | (4.16) | - |
| Supplementary Data | |||||||
| EBITDA | (49.2) | (50.5) | (58.9) | (42.6) | (42.1) | (25.8) | (11.4) |
| EBIT | (50.0) | (51.3) | (59.5) | (43.1) | (42.5) | (26.0) | (11.5) |
| 4.1 |
| 3.7 |
| 3.4 |
| 3.1 |
| 2.9 |
| 1.0 |
| 1.3 |
| Cost of Revenue | 1.9 | 2.2 | 1.9 | 2.1 | 2.0 | 2.6 | 2.2 | 1.9 | 1.6 | 1.7 | 1.7 | 1.5 | 1.3 | 1.5 | 1.3 | 1.2 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.2 | 0.3 |
| Gross Profit | 12.9 | 13.8 | 12.8 | 11.5 | 10.3 | 12.8 | 11.1 | 9.9 | 9.2 | 9.6 | 8.8 | 8.0 | 6.7 | 5.7 | 4.8 | 3.8 | 3.1 | 2.7 | 2.5 | 2.2 | 2.0 | 0.8 | 0.9 |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 3.1 | 3.0 | 3.1 | 2.5 | 2.5 | 2.8 | 2.5 | 2.8 | 3.1 | 2.2 | 2.7 | 3.3 | 3.4 | 3.0 | 2.3 | 2.4 | 2.3 | 1.8 | 1.7 | 2.3 | 1.8 | 1.5 | 2.1 |
| Selling General & Administrative | 22.0 | 22.0 | 21.9 | 23.4 | 21.2 | 20.2 | 21.6 | 21.1 | 28.3 | 17.0 | 15.7 | 16.5 | 15.4 | 14.1 | 12.7 | 12.5 | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Depreciation & Amortization | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 25.0 | 25.0 | 25.0 | 25.8 | 23.7 | 23.0 | 24.1 | 23.9 | 31.4 | 19.2 | 18.3 | 19.7 | 18.8 | 17.1 | 15.0 | 14.8 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (12.2) | (11.2) | (12.3) | (14.4) | (13.4) | (10.3) | (13.0) | (14.0) | (22.2) | (9.7) | (9.5) | (11.8) | (12.2) | (11.5) | (10.1) | (11.0) | (9.9) | (8.8) | (7.3) | (5.7) | (4.2) | (3.0) | (3.1) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 1.6 | 1.4 | 1.5 | 1.5 | 1.5 | 1.5 | 1.0 | 1.0 | 1.0 | 0.6 | 0.5 | 0.5 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | 0.4 | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | 0.6 | 0.7 | 0.9 | 1.1 | 1.1 | 1.1 | 0.9 | 0.9 | 1.0 | 1.1 | 1.1 | 0.6 | 1.1 | 1.1 | 0.3 | (0.0) | (0.1) | ||||||
| Pre-Tax Income | (13.1) | (11.9) | (12.9) | (14.7) | (13.8) | (10.7) | (13.1) | (14.0) | (22.1) | (9.1) | (9.0) | (11.6) | (11.3) | (10.5) | (9.8) | (11.0) | |||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (13.1) | (11.9) | (12.9) | (14.7) | (13.8) | (10.7) | (13.1) | (14.0) | (22.2) | (9.2) | (9.0) | (11.7) | (11.4) | (10.5) | (9.8) | (11.1) | (10.0) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (13.1) | (11.9) | (12.9) | (14.7) | (13.8) | (10.7) | (13.1) | (14.0) | (22.2) | (9.2) | (9.0) | (11.7) | (11.4) | (10.5) | (9.8) | (11.1) | (10.0) | ||||||
| Net Income Attributable To Parent | (13.1) | (11.9) | (12.9) | (14.7) | (13.8) | (10.7) | (13.1) | (14.0) | (22.2) | (9.2) | (9.0) | (11.7) | (11.4) | (10.5) | (9.8) | (11.1) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (13.1) | (11.9) | (12.9) | (14.7) | (13.8) | (10.7) | (13.1) | (14.0) | (22.2) | (9.2) | (9.0) | (11.7) | (11.4) | (10.5) | (9.8) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.50) | - | (0.49) | (0.57) | (0.53) | - | (0.57) | (0.65) | (1.04) | - | (0.43) | (0.56) | (0.55) | - | (0.48) | (0.54) | (0.49) | - | (0.30) | (48.48) | (23.92) | - | (10.18) |
| EPS Diluted | (0.50) | - | (0.49) | (0.57) | (0.53) | - | (0.57) | (0.65) | (1.04) | - | (0.43) | (0.56) | (0.55) | - | (0.48) | (0.54) | (0.49) | - | |||||
| Shares Basic | 26.4 | - | 26.2 | 26.1 | 25.9 | - | 22.8 | 21.6 | 21.2 | - | 20.8 | 20.7 | 20.7 | - | 20.6 | 20.5 | 20.5 | - | |||||
| Shares Diluted | 26.4 | - | 26.2 | 26.1 | 25.9 | - | 22.8 | 21.6 | 21.2 | - | 20.8 | 20.7 | 20.7 | - | 20.6 | 20.5 | 20.5 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (12.0) | (11.0) | (12.1) | (14.2) | (13.3) | (10.1) | (12.8) | (13.8) | (22.1) | (9.5) | (9.4) | (11.6) | (12.0) | (11.4) | (10.0) | (10.9) | (9.8) | (8.7) | (7.2) | (5.6) | (4.2) | (3.0) | (3.0) |
| EBIT | (12.2) | (11.2) | (12.3) | (14.4) | (13.4) | (10.3) | (13.0) | (14.0) | (22.2) | (9.7) | (9.5) | (11.8) | (12.2) | (11.5) | (10.1) | (11.0) | (9.9) | (8.8) | (7.3) | ||||
| 27.9 |
| 9.7 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | 0.8 | 0.8 | 0.6 | 0.5 | 0.4 | 0.2 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 100.9 | 99.6 | 102.4 | 76.1 | 60.0 | 35.4 | 16.1 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.2 | 3.8 | 4.0 | 3.9 | 1.4 | (14.8) | (0.0) |
| Pre-Tax Income | (52.7) | (53.3) | (59.9) | (41.1) | (41.3) | (43.0) | (14.0) |
| (14.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (52.7) | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | (14.1) |
| Net Income Attributable To Parent | (52.7) | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | (14.1) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (52.7) | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | (14.3) |
| Shares Basic | 26.4 | 26.1 | 22.6 | 20.8 | 20.5 | 10.4 | - |
| Shares Diluted | 26.4 | 26.1 | 22.6 | 20.8 | 20.5 | 10.4 | - |
| 10.8 |
| 9.7 |
| 8.1 |
| 5.6 |
| 4.5 |
| 2.3 |
| 1.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.0 |
| 11.5 |
| 9.8 |
| 7.9 |
| 6.2 |
| 3.8 |
| 4.0 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.4) |
| 1.8 |
| (11.4) |
| (3.8) |
| 0.5 |
| 0.0 |
| (10.0) |
| (10.5) |
| (6.1) |
| (17.7) |
| (8.6) |
| (3.2) |
| (3.6) |
| (10.6) |
| (6.1) |
| (17.7) |
| (8.6) |
| (3.2) |
| (3.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.6) |
| (6.1) |
| (17.7) |
| (8.6) |
| (3.2) |
| (3.7) |
| (10.0) |
| (10.6) |
| (6.1) |
| (17.7) |
| (8.6) |
| (3.2) |
| (3.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.1) |
| (10.0) |
| (10.6) |
| (6.1) |
| (17.7) |
| (8.6) |
| (3.4) |
| (3.7) |
| (0.30) |
| (48.48) |
| (23.92) |
| - |
| - |
| 20.1 |
| 0.4 |
| 0.4 |
| - |
| 0.4 |
| 20.1 |
| 0.4 |
| 0.4 |
| - |
| - |
| (5.7) |
| (4.2) |
| (3.0) |
| (3.1) |