| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 19.5 | 43.5 | 38.8 | 49.6 | 38.2 | 43.8 | 89.0 | 56.2 | 37.9 | 34.8 | 55.4 | 80.6 | 80.7 | 98.3 | 66.4 | 144.6 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 151.4 | 170.2 | 227.0 | 251.5 | 477.7 | 313.8 | 76.7 | 54.2 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 222.8 | 243.8 | 424.1 | 580.6 | 1,052.6 | 1,149.7 | 159.8 | 96.3 |
| Selling General & Administrative | - | - | - | - | ||||
| Operating Income | ||||||||
| Operating Income | (305.7) | (315.3) | (559.8) | (864.4) | (2,209.0) | (1,828.5) | (137.0) | (71.6) |
| Non-Operating | ||||||||
| Interest Income | - | 22.6 | 38.6 | 57.2 | 20.3 | 0.8 | 2.6 | 5.8 |
| Interest Expense | - | 0.0 | 0.1 | 0.1 | 0.1 | 2.4 | ||
| Tax & Net | ||||||||
| Income Tax Expense | (1.0) | (0.8) | (0.5) | (0.1) | (15.0) | (1.5) | 1.9 | 0.0 |
| Net Income From Continuing Ops | (305.5) | (312.8) | (547.0) | (892.9) | (2,106.4) | |||
| Per Share | ||||||||
| EPS Basic | (5.11) | (5.64) | (10.54) | (18.37) | (50.15) | (1.35) | (0.10) | (0.10) |
| EPS Diluted | - | (5.64) | (10.54) | (18.37) | (50.20) | (1.39) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (256.3) | (496.7) | (793.9) | (2,166.4) | (1,799.4) | (123.2) | (60.8) |
| EBIT | (305.7) | (315.3) | (559.8) | (864.4) | (2,209.0) | (1,828.5) | ||
| 168.4 |
| 148.5 |
| 77.6 |
| 43.6 |
| 44.1 |
| - |
| 13.3 |
| - |
| - |
| Cost of Revenue | 3.1 | - | - | - | 4.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 16.4 | - | - | - | 34.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 49.9 | 50.1 | 69.4 | 53.4 | 70.9 | 76.4 | 77.0 | 134.2 | 136.5 | 117.0 | 156.7 | 144.3 | 162.6 | 177.5 | 261.5 | 290.1 | 323.6 | 985.0 | 53.0 | 52.0 | 59.6 | - | 36.1 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 37.8 | 55.3 | 45.0 | 43.3 | 39.7 | 57.3 | 52.3 | 66.3 | 70.3 | 89.2 | 82.0 | 102.3 | 111.4 | 121.4 | 435.2 | 438.4 | 434.8 | ||||||||
| Depreciation & Amortization | 12.8 | - | - | - | 14.8 | - | - | - | 12.9 | - | - | - | 19.0 | - | - | - | |||||||||
| Amortization of Intangibles | 4.2 | 5.2 | 4.6 | 4.7 | 4.2 | 4.8 | 4.9 | 4.9 | 3.4 | 3.4 | 4.0 | 4.0 | 4.3 | 3.4 | 1.0 | 0.8 | 0.4 | ||||||||
| Other Operating Expenses | (7.1) | 1.2 | (0.2) | (0.9) | (4.6) | 1.0 | 1.6 | (0.8) | 2.0 | 0.1 | 2.9 | 3.2 | 2.9 | 6.2 | (0.7) | 0.2 | 1.9 | ||||||||
| Total Operating Expenses | 90.8 | 104.1 | 128.9 | 115.1 | 137.3 | 147.5 | 144.3 | 279.2 | 215.9 | 212.9 | 341.8 | 264.7 | 296.4 | 329.1 | 721.3 | 792.4 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (71.4) | (78.7) | (90.0) | (65.5) | (81.0) | (103.6) | (55.2) | (222.9) | (178.0) | (178.1) | (286.4) | (184.2) | (215.7) | (230.9) | (654.9) | (647.8) | (675.4) | (1,684.7) | (26.7) | (59.9) | (57.1) | - | (34.4) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.1 | - | - | 3.3 | - | - |
| Interest Expense | - | - | - | - | - | - | (9.3) | (10.3) | - | - | (15.0) | (14.3) | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | (1.1) | 0.0 | (0.1) | (1.4) | 10.0 | (22.7) | (10.2) | |||||||||
| Other Non-Operating Income | (4.8) | (10.3) | 9.3 | 5.0 | (2.3) | (4.3) | (1.6) | 6.0 | 12.1 | (33.8) | (16.5) | 10.9 | 10.9 | 43.0 | (15.2) | (22.8) | 82.6 | ||||||||
| Pre-Tax Income | (76.1) | (89.0) | (80.8) | (60.6) | (83.2) | (107.9) | (56.8) | (217.0) | (165.9) | (211.9) | (302.9) | (173.2) | (204.9) | (187.8) | (670.2) | (670.6) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (0.1) | (0.6) | 0.0 | (0.3) | 0.1 | (0.3) | (0.4) | 0.2 | 0.0 | (0.2) | (0.0) | 0.1 | 0.1 | (14.8) | (0.0) | (0.0) | (0.2) | (0.7) | (0.2) | (0.4) | (0.2) | - | 0.0 | - | - |
| Net Income From Continuing Ops | (76.1) | (88.4) | (80.8) | (60.3) | (83.3) | (107.5) | (56.4) | (217.2) | (165.9) | (211.7) | (302.9) | (173.3) | (205.0) | (173.1) | (670.1) | (670.6) | (592.6) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (82.6) | (80.8) | (80.8) | (60.3) | (91.0) | (107.5) | (56.4) | (217.2) | (165.9) | (211.7) | (302.9) | (173.3) | (205.0) | (173.1) | (670.1) | (670.6) | (592.6) | ||||||||
| Net Income Attributable To Parent | (82.6) | (80.8) | (80.8) | (60.3) | (91.0) | (107.5) | (56.4) | (217.2) | (165.9) | (211.7) | (302.9) | (173.3) | (205.0) | (175.5) | (670.1) | (668.8) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 2.4 | 0.0 | (1.7) | (2.1) | (4.3) | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (82.6) | (80.8) | (80.8) | (60.3) | (91.0) | (107.5) | (56.4) | (217.2) | (165.9) | (211.7) | (302.9) | (173.3) | (205.0) | (175.5) | (670.1) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (1.39) | - | (1.45) | (1.10) | (1.68) | - | (1.08) | (4.23) | (3.31) | - | (6.21) | (0.09) | (0.11) | - | (0.41) | (0.41) | (0.37) | - | (0.08) | (0.04) | - | - | - | - | - |
| EPS Diluted | - | - | (1.45) | (1.10) | (1.68) | - | (1.08) | (4.23) | (3.32) | - | (6.21) | (0.09) | (0.11) | - | (0.41) | (0.41) | (0.37) | - | |||||||
| Shares Basic | 59.6 | - | 55.6 | 54.9 | 54.2 | - | 52.2 | 51.4 | 50.1 | - | 48.8 | 1,933.4 | 1,915.0 | - | 1,630.9 | 1,620.7 | 1.6 | - | |||||||
| Shares Diluted | - | - | 55.6 | 54.9 | 54.2 | - | 52.2 | 51.4 | 50.1 | - | 48.8 | 1,933.4 | 1,916.6 | - | 1,630.9 | 1,620.7 | 1.6 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (58.6) | - | - | - | (66.2) | - | - | - | (165.1) | - | - | - | (196.8) | - | - | - | (666.4) | - | - | - | (51.5) | - | - | - | - |
| EBIT | (71.4) | (78.7) | (90.0) | (65.5) | (81.0) | (103.6) | (55.2) | (222.9) | (178.0) | (178.1) | (286.4) | (184.2) | (215.7) | (230.9) | (654.9) | (647.8) | (675.4) | (1,684.7) | (26.7) | ||||||
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 181.4 | 183.3 | 246.2 | 385.0 | 1,429.8 | 863.0 | 38.3 | 29.5 |
| Depreciation & Amortization | - | 59.0 | 63.0 | 70.5 | 42.6 | 29.1 | 13.9 | 10.8 |
| Amortization of Intangibles | 18.7 | 18.7 | 18.0 | 15.7 | 5.6 | 1.2 | 0.5 | 0.5 |
| Other Operating Expenses | (7.0) | (4.5) | 3.9 | 9.1 | 7.6 | (1.7) | 7.8 | 1.6 |
| Total Operating Expenses | 439.0 | 485.4 | 786.8 | 1,115.9 | 2,686.7 | 2,142.3 | 213.7 | 125.8 |
| 2.4 |
| 2.4 |
| Income From Equity Investments | - | 0.0 | 0.0 | (2.6) | (43.8) | (77.3) | (0.4) | (27.5) |
| Other Non-Operating Income | (0.8) | 1.7 | 12.2 | (28.5) | 87.6 | (9.7) | 12.2 | - |
| Pre-Tax Income | (306.5) | (313.6) | (547.5) | (892.9) | (2,121.4) | (1,838.1) | (124.8) | (119.8) |
| (1,836.6) |
| (126.7) |
| (119.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (304.4) | (312.8) | (547.0) | (892.9) | (2,106.4) | (1,836.6) | (126.7) | (119.9) |
| Net Income Attributable To Parent | (304.4) | (312.8) | (547.0) | (892.9) | (2,104.9) | (1,830.0) | (126.6) | (119.3) |
| Less: Minority Interest | - | - | 0.0 | 0.0 | (1.4) | (6.6) | (0.1) | (0.5) |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (304.4) | (312.8) | (547.0) | (892.9) | (2,104.9) | (1,830.0) | (126.6) | (119.3) |
| (0.10) |
| (0.10) |
| Shares Basic | 59.6 | 55.5 | 51.9 | 48.6 | 42.0 | 1,359.8 | 1,274.8 | 1,149.0 |
| Shares Diluted | - | 55.5 | 51.9 | 48.6 | 42.0 | 1,360.4 | 1,274.8 | 1,149.0 |
| (137.0) |
| (71.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 781.6 |
| 29.0 |
| 34.4 |
| 17.9 |
| - |
| 9.9 |
| - |
| - |
| 8.9 |
| - |
| - |
| - |
| 5.6 |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.4 |
| 0.2 |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| (2.6) |
| (4.9) |
| 7.1 |
| (1.3) |
| - |
| (5.9) |
| - |
| - |
| 843.8 |
| 1,833.2 |
| 104.3 |
| 103.6 |
| 101.2 |
| - |
| 47.7 |
| - |
| - |
| 0.6 |
| - |
| - |
| - |
| 0.6 |
| - |
| - |
| (20.9) |
| (4.7) |
| (39.7) |
| (4.3) |
| (28.6) |
| - |
| (0.2) |
| - |
| - |
| 79.1 |
| (75.9) |
| 5.1 |
| (17.8) |
| - |
| - |
| - |
| - |
| (592.8) |
| (1,605.7) |
| (102.6) |
| (54.9) |
| (74.9) |
| - |
| (26.1) |
| - |
| - |
| (1,846.8) |
| (102.4) |
| 106.9 |
| 5.7 |
| (46.4) |
| (26.1) |
| (28.7) |
| (25.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1,605.0) |
| (102.4) |
| (54.5) |
| (74.8) |
| (46.4) |
| (26.1) |
| (28.7) |
| (25.5) |
| (590.5) |
| (1,600.7) |
| (101.9) |
| (53.9) |
| (73.6) |
| (46.4) |
| (26.1) |
| (28.7) |
| (25.5) |
| (0.5) |
| (0.5) |
| (1.2) |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (668.8) |
| (590.5) |
| (1,600.7) |
| (101.9) |
| (53.9) |
| (73.6) |
| (46.4) |
| (26.1) |
| (28.7) |
| (25.5) |
| (0.08) |
| (0.04) |
| - |
| - |
| - |
| - |
| - |
| 1,323.6 |
| 1,292.5 |
| - |
| - |
| - |
| - |
| - |
| 1,323.6 |
| 1,292.5 |
| - |
| - |
| - |
| - |
| - |
| (59.9) |
| (57.1) |
| - |
| (34.4) |
| - |
| - |