| (in millions of USD, except per-share data) | Q1 FY 27 | Q4 FY 26 | Q3 FY 26 | Q2 FY 26 | 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 | 79.4 | 79.6 | 79.4 | 79.7 | 80.1 | 78.8 | 79.8 | 78.4 | 80.1 | 80.2 | 79.7 | 79.7 | 79.5 | 79.6 | 79.0 | 75.5 | |||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | 318.1 | 318.9 | 317.0 | 319.0 | 308.6 | 258.0 | 210.2 | 173.4 | 142.5 | 108.5 | 74.5 |
| Cost of Revenue | 79.9 | 79.7 | 81.0 | 75.5 | 73.1 | 67.1 | 56.7 | 55.9 | 49.6 | 44.9 | 33.2 |
| Gross Profit | 238.2 | 239.1 | 236.1 | 243.5 | 235.6 | 190.8 | 153.4 | 117.5 | 92.9 | 63.6 | 41.3 |
| Operating Expenses | |||||||||||
| Research & Development | 75.9 | 77.2 | 87.9 | 85.0 | 95.1 | 81.0 | 66.5 | 69.2 | 75.7 | 78.3 | 76.2 |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (35.7) | (39.1) | (59.3) | (54.9) | (88.9) | (88.5) | (73.1) | (115.3) | (144.1) | (175.8) | (182.9) |
| Non-Operating | |||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | 1.9 | 1.8 | 1.2 | 1.3 | 1.2 | (0.5) | 0.4 | 0.8 | 1.2 | 0.4 | 0.8 |
| Net Income From Continuing Ops | (55.5) | (59.3) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (1.28) | (1.45) | (2.13) | (2.10) | (3.10) | (3.19) | (2.89) | (4.57) | - | - | - |
| EPS Diluted | (1.28) | (1.45) | (2.13) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | - | (29.3) | (50.0) | (48.3) | (83.6) | (83.1) | (68.3) | (108.4) | (135.3) | (167.7) | (178.0) |
| EBIT | (35.7) | (39.1) | (59.3) | ||||||||
| 74.5 |
| 70.0 |
| 65.1 |
| 62.8 |
| 60.1 |
| 56.8 |
| 53.6 |
| 51.1 |
| 48.6 |
| 46.2 |
| 44.8 |
| 41.7 |
| 40.8 |
| 39.4 |
| 36.8 |
| 34.3 |
| 31.9 |
| 28.3 |
| 25.9 |
| Cost of Revenue | 20.9 | 18.5 | 20.5 | 20.1 | 20.7 | 20.2 | 20.0 | 20.1 | 20.7 | 19.0 | 18.8 | 19.1 | 18.6 | 18.2 | 18.9 | 18.3 | 17.7 | 18.5 | 17.1 | 16.3 | 15.2 | 14.5 | 14.5 | 13.6 | 14.1 | 14.5 | 14.5 | 14.2 | 12.8 | 12.5 | 12.9 | 12.5 | 11.6 | 12.4 | 10.7 |
| Gross Profit | 58.5 | 61.1 | 58.9 | 59.6 | 59.4 | 58.6 | 59.8 | 58.3 | 59.4 | 61.1 | 60.9 | 60.6 | 60.9 | 61.4 | 60.1 | 57.2 | 56.8 | 51.5 | 47.9 | 46.5 | 44.9 | 42.3 | 39.2 | 37.5 | 34.5 | 31.7 | 30.3 | 27.4 | 28.0 | 26.9 | 23.9 | 21.7 | 20.4 | 15.9 | 15.3 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| Research & Development | 18.6 | 19.2 | 19.1 | 19.0 | 20.0 | 21.9 | 21.3 | 22.0 | 22.7 | 21.1 | 19.7 | 20.8 | 23.4 | 22.0 | 24.6 | 25.3 | 23.2 | 23.5 | 22.0 | 19.3 | 16.2 | 16.6 | 16.5 | 15.9 | 17.5 | 17.5 | 17.6 | 17.0 | 17.1 | 17.0 | 18.8 | 20.9 | 19.1 | 18.8 | 20.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Selling & Marketing | 37.6 | 32.7 | 34.1 | 35.3 | 39.7 | 35.5 | 37.2 | 36.6 | 42.2 | 39.4 | 40.3 | 41.0 | 43.2 | 42.0 | 41.0 | 44.7 | 45.6 | ||||||||||||||||||
| General & Administrative | 13.3 | 19.8 | 12.6 | 12.6 | 14.2 | 13.4 | 12.4 | 14.2 | 15.9 | 13.9 | 12.1 | 9.4 | 14.0 | 13.5 | 13.0 | 12.8 | 16.7 | ||||||||||||||||||
| Depreciation & Amortization | 2.6 | - | - | - | 2.3 | - | - | - | 2.4 | - | - | - | 1.5 | - | - | - | |||||||||||||||||||
| Amortization of Intangibles | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.3 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Total Operating Expenses | 69.5 | 71.7 | 65.8 | 66.9 | 73.8 | 70.8 | 70.9 | 72.8 | 80.8 | 74.5 | 72.1 | 71.2 | 80.6 | 77.5 | 78.6 | 82.9 | |||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | (11.0) | (10.6) | (6.9) | (7.3) | (14.3) | (12.3) | (11.1) | (14.5) | (21.5) | (13.3) | (11.2) | (10.6) | (19.7) | (16.1) | (18.5) | (25.6) | (28.6) | (29.9) | (25.0) | (18.6) | (15.0) | (16.9) | (18.9) | (15.4) | (22.0) | (27.2) | (26.6) | (28.4) | (33.1) | (27.7) | (30.0) | (43.4) | (43.0) | (43.7) | (43.6) |
| Non-Operating | |||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Non-Operating Income | (2.8) | 3.7 | (3.2) | (15.4) | (3.5) | (4.8) | (7.5) | (4.8) | (4.4) | (4.9) | (4.9) | (5.1) | (4.5) | (3.1) | (5.0) | (3.3) | (4.1) | ||||||||||||||||||
| Pre-Tax Income | (13.8) | (6.8) | (10.2) | (22.7) | (17.9) | (17.0) | (18.6) | (19.2) | (25.9) | (18.2) | (16.2) | (15.7) | (24.2) | (19.2) | (23.5) | (28.9) | |||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.4 | 1.1 | 0.2 | 0.2 | 0.2 | 0.6 | 0.2 | 0.3 | 0.1 | 0.5 | 0.3 | 0.3 | 0.2 | 0.6 | 0.2 | 0.2 | 0.2 | (0.6) | 0.1 | 0.1 | (0.1) | (0.0) | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.3 | 0.1 | 0.3 | 0.2 | 0.1 | 0.6 | 0.1 | 0.1 |
| Net Income From Continuing Ops | (14.2) | (8.0) | (10.4) | (22.9) | (18.1) | (17.7) | (18.8) | (19.5) | (26.0) | (18.7) | (16.4) | (16.1) | (24.4) | (19.8) | (23.7) | (29.1) | (32.9) | ||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income | (14.2) | (8.0) | (10.4) | (22.9) | (18.1) | (17.7) | (18.8) | (19.5) | (26.0) | (18.7) | (16.4) | (16.1) | (24.4) | (19.8) | (23.7) | (29.1) | (32.9) | ||||||||||||||||||
| Net Income Attributable To Parent | (14.2) | (8.0) | (10.4) | (22.9) | (18.1) | (17.7) | (18.8) | (19.5) | (26.0) | (18.7) | (16.4) | (16.1) | (24.4) | (19.8) | (23.7) | (29.1) | |||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income To Common Shareholders | (14.2) | (8.0) | (10.4) | (22.9) | (18.1) | (17.7) | (18.8) | (19.5) | (26.0) | (18.7) | (16.4) | (16.1) | (24.4) | (19.8) | (23.7) | ||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||
| EPS Basic | (0.33) | - | (0.25) | (0.56) | (0.45) | - | (0.48) | (0.51) | (0.69) | - | (0.45) | (0.45) | (0.69) | - | (0.69) | (0.86) | (0.99) | - | (0.88) | (0.70) | (0.58) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.33) | - | (0.25) | (0.56) | (0.45) | - | (0.48) | (0.51) | (0.69) | - | (0.45) | (0.45) | (0.69) | - | (0.69) | (0.86) | (0.99) | - | |||||||||||||||||
| Shares Basic | 43.4 | - | 41.4 | 40.6 | 39.7 | - | 38.8 | 38.4 | 37.5 | - | 36.3 | 35.9 | 35.2 | - | 34.4 | 34.0 | 33.3 | - | |||||||||||||||||
| Shares Diluted | 43.4 | - | 41.4 | 40.6 | 39.7 | - | 38.8 | 38.4 | 37.5 | - | 36.3 | 35.9 | 35.2 | - | 34.4 | 34.0 | 33.3 | - | |||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EBITDA | (8.3) | - | - | - | (12.1) | - | - | - | (19.1) | - | - | - | (18.2) | - | - | - | (27.0) | - | - | - | (13.9) | - | - | - | (20.7) | - | - | - | (31.3) | - | - | (41.1) | (40.7) | - | (41.6) |
| EBIT | (11.0) | (10.6) | (6.9) | (7.3) | (14.3) | (12.3) | (11.1) | (14.5) | (21.5) | (13.3) | (11.2) | (10.6) | (19.7) | (16.1) | (18.5) | (25.6) | (28.6) | (29.9) | (25.0) | ||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 139.7 | 141.8 | 151.5 | 163.9 | 173.3 | 143.7 | 117.3 | 127.6 | 131.1 | 131.8 | 118.9 |
| General & Administrative | 58.3 | 59.2 | 55.9 | 49.4 | 56.0 | 54.5 | 42.7 | 35.9 | 30.2 | 29.3 | 29.1 |
| Depreciation & Amortization | - | 9.8 | 9.2 | 6.6 | 5.3 | 5.4 | 4.8 | 6.9 | 8.8 | 8.1 | 4.9 |
| Amortization of Intangibles | 0.6 | 0.6 | 0.6 | 0.1 | 0.1 | 0.5 | 0.6 | 0.6 | 0.2 | 0.1 | 0.3 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 273.9 | 278.2 | 295.3 | 298.4 | 324.4 | 279.3 | 226.5 | 232.7 | 237.0 | 239.4 | 224.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (17.8) | (18.5) | (21.4) | (19.4) | (15.5) | (14.1) | (11.1) | (9.6) | (9.0) | (0.4) | 0.5 |
| Pre-Tax Income | (53.5) | (57.6) | (80.7) | (74.3) | (104.4) | (102.6) | (84.2) | (124.9) | (153.1) | (176.2) | (182.3) |
| (81.9) |
| (75.6) |
| (105.6) |
| (102.1) |
| (84.6) |
| (125.7) |
| (154.3) |
| (176.6) |
| (183.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (55.5) | (59.3) | (81.9) | (75.6) | (105.6) | (102.1) | (84.6) | (125.7) | (154.3) | (176.6) | (183.1) |
| Net Income Attributable To Parent | (55.5) | (59.3) | (81.9) | (75.6) | (105.6) | (102.1) | (84.6) | (125.7) | (154.3) | (176.6) | (183.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (55.5) | (59.3) | (81.9) | (75.6) | (105.6) | (102.1) | (84.6) | (125.7) | (154.3) | (176.6) | (183.1) |
| (2.10) |
| (3.10) |
| (3.19) |
| (2.89) |
| (4.57) |
| - |
| - |
| - |
| Shares Basic | 43.4 | 41.0 | 38.5 | 36.1 | 34.1 | 32.0 | 29.3 | 27.5 | - | - | - |
| Shares Diluted | 43.4 | 41.0 | 38.5 | 36.1 | 34.1 | 32.0 | 29.3 | 27.5 | - | - | - |
| (54.9) |
| (88.9) |
| (88.5) |
| (73.1) |
| (115.3) |
| (144.1) |
| (175.8) |
| (182.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 39.4 |
| 37.5 |
| 33.4 |
| 33.5 |
| 31.2 |
| 29.6 |
| 27.4 |
| 29.1 |
| 32.3 |
| 29.8 |
| 29.5 |
| 35.9 |
| 29.4 |
| 28.0 |
| 34.0 |
| 39.7 |
| 33.6 |
| 31.4 |
| 18.5 |
| 13.4 |
| 12.4 |
| 10.2 |
| 11.4 |
| 11.9 |
| 9.6 |
| 9.9 |
| 9.1 |
| 9.6 |
| 9.3 |
| 8.0 |
| 8.3 |
| 7.1 |
| 10.2 |
| 4.6 |
| 7.3 |
| 7.3 |
| 1.6 |
| - |
| - |
| - |
| 1.0 |
| - |
| - |
| - |
| 1.3 |
| - |
| - |
| - |
| 1.8 |
| - |
| - |
| 2.3 |
| 2.3 |
| - |
| 2.0 |
| 0.0 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 85.4 |
| 81.4 |
| 72.9 |
| 65.1 |
| 59.9 |
| 59.2 |
| 58.0 |
| 52.9 |
| 56.4 |
| 58.9 |
| 57.0 |
| 55.8 |
| 61.1 |
| 54.6 |
| 53.9 |
| 65.1 |
| 63.4 |
| 59.6 |
| 58.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.9) |
| (3.5) |
| (3.5) |
| (3.3) |
| (2.8) |
| (3.2) |
| (2.4) |
| (2.7) |
| (2.5) |
| (2.4) |
| (2.5) |
| (2.3) |
| (1.8) |
| (2.4) |
| (2.9) |
| (1.9) |
| (0.1) |
| 0.2 |
| (32.7) |
| (33.8) |
| (28.5) |
| (22.1) |
| (18.2) |
| (19.7) |
| (22.1) |
| (17.8) |
| (24.7) |
| (29.6) |
| (29.0) |
| (30.9) |
| (35.4) |
| (29.5) |
| (32.3) |
| (46.3) |
| (44.9) |
| (43.8) |
| (43.4) |
| (33.3) |
| (28.5) |
| (22.2) |
| (18.1) |
| (19.6) |
| (22.2) |
| (17.9) |
| (24.9) |
| (29.9) |
| (29.1) |
| (31.2) |
| (35.5) |
| (29.9) |
| (32.5) |
| (46.4) |
| (45.5) |
| (43.9) |
| (43.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (33.3) |
| (28.5) |
| (22.2) |
| (18.1) |
| (19.6) |
| (22.2) |
| (17.9) |
| (24.9) |
| (29.9) |
| (29.1) |
| (31.2) |
| (35.5) |
| (29.9) |
| (32.5) |
| (46.4) |
| (45.5) |
| (43.9) |
| (43.5) |
| (32.9) |
| (33.3) |
| (28.5) |
| (22.2) |
| (18.1) |
| (19.6) |
| (22.2) |
| (17.9) |
| (24.9) |
| (29.9) |
| (29.1) |
| (31.2) |
| (35.5) |
| (29.9) |
| (32.5) |
| (46.4) |
| (45.5) |
| (43.9) |
| (43.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (29.1) |
| (32.9) |
| (33.3) |
| (28.5) |
| (22.2) |
| (18.1) |
| (19.6) |
| (22.2) |
| (17.9) |
| (24.9) |
| (29.9) |
| (29.1) |
| (31.2) |
| (35.5) |
| (29.9) |
| (32.5) |
| (46.4) |
| (45.5) |
| (43.9) |
| (43.5) |
| (0.88) |
| (0.70) |
| (0.58) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.4 |
| 31.9 |
| 31.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.4 |
| 31.9 |
| 31.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.6) |
| (15.0) |
| (16.9) |
| (18.9) |
| (15.4) |
| (22.0) |
| (27.2) |
| (26.6) |
| (28.4) |
| (33.1) |
| (27.7) |
| (30.0) |
| (43.4) |
| (43.0) |
| (43.7) |
| (43.6) |