| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 392.8 | 398.3 | 281.4 | 210.8 | 142.8 | 121.3 | 45.2 | 11.0 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (471.1) | (468.2) | (343.9) | (242.2) | (171.0) | (150.0) | (58.6) | (13.8) |
| Non-Operating | ||||||||
| Interest Income | 31.5 | 29.9 | 26.9 | 7.6 | 2.9 | 0.7 | 0.1 | 0.3 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (451.7) | (446.2) | (317.4) | (235.9) | (168.1) | |||
| Per Share | ||||||||
| EPS Basic | - | (3.47) | (3.37) | (3.95) | (3.23) | (2.93) | - | - |
| EPS Diluted | - | (3.47) | (3.37) | (3.95) | (3.23) | (2.93) | ||
| Supplementary Data | ||||||||
| EBITDA | (469.0) | (466.1) | (342.2) | (240.5) | (169.3) | (148.9) | (57.9) | (13.6) |
| EBIT | (471.1) | (468.2) | (343.9) | (242.2) | (171.0) | (150.0) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 100.9 | 95.4 | 97.2 | 99.2 | 106.4 | 81.8 | 92.8 | 62.3 | 44.5 | 58.8 | 55.3 | 59.1 | 37.5 | 33.2 | 34.7 | 46.7 | 28.2 | 42.3 | 36.5 | 23.9 | 18.6 | 22.1 | 9.7 | 7.3 | 6.1 | - | 3.0 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 24.4 | 20.7 | 16.7 | 16.6 | 15.9 | 15.3 | 12.9 | 9.7 | 24.6 | 8.8 | 7.0 | 7.6 | 7.9 | 7.0 | 7.6 | 6.1 | 7.5 | ||||||||||||
| Depreciation & Amortization | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | (0.1) | (0.3) | 0.3 | (1.6) | (0.1) | (0.0) | (0.7) | (0.2) | 0.5 | (0.7) | (0.1) | (0.4) | (0.2) | (0.0) | (0.0) | 0.0 | (0.0) | ||||||||||||
| Total Operating Expenses | 125.3 | 116.1 | 113.9 | 115.8 | 122.4 | 97.1 | 105.7 | 72.0 | 69.2 | 67.7 | 62.3 | 66.7 | 45.5 | 40.1 | 42.3 | 52.8 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (125.3) | (116.1) | (113.9) | (115.8) | (122.4) | (97.2) | (105.6) | (72.0) | (69.2) | (67.7) | (62.3) | (66.7) | (45.5) | (40.1) | (42.3) | (52.8) | (35.8) | (52.0) | (42.8) | (30.2) | (25.1) | (28.6) | (13.5) | (8.7) | (7.9) | - | (3.6) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | 8.8 | 7.7 | 8.5 | 6.6 | 7.1 | 7.6 | 9.3 | 7.1 | 3.0 | 1.8 | 2.2 | 2.2 | 1.5 | 1.3 | 0.9 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | - | - | - | 0.0 | - | 0.1 | - | - |
| Interest Expense | - | - | 2.9 | 0.1 | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 4.4 | 4.2 | 5.9 | 4.9 | 7.0 | 7.6 | 8.5 | 6.9 | 3.5 | 1.1 | 2.1 | 1.8 | 1.3 | 1.3 | 0.9 | 0.5 | 0.2 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (120.9) | (112.0) | (108.0) | (110.9) | (115.4) | (89.5) | (97.1) | (65.1) | (65.6) | (66.6) | (60.2) | (64.9) | (44.2) | (38.8) | (41.4) | (52.3) | (35.6) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (120.9) | (112.0) | (108.0) | (110.9) | (115.4) | (89.5) | (97.1) | (65.1) | (65.6) | (66.6) | (60.2) | (64.9) | (44.2) | (38.8) | (41.4) | (52.3) | (35.6) | ||||||||||||
| Net Income Attributable To Parent | (120.9) | (112.0) | (108.0) | (110.9) | (115.4) | (89.5) | (97.1) | (65.1) | (65.6) | (66.6) | (60.2) | (64.9) | (44.2) | (38.8) | (41.4) | (52.3) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (120.9) | (112.0) | (108.0) | (110.9) | (115.4) | (89.5) | (97.1) | (65.1) | (65.6) | (66.6) | (60.2) | (64.9) | (44.2) | (38.8) | (41.4) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.73) | - | (0.76) | (0.97) | (1.05) | - | (0.96) | (0.70) | (0.81) | - | (0.99) | (1.08) | (0.78) | - | (0.80) | (1.01) | (0.69) | - | (0.83) | (0.58) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.73) | - | (0.76) | (0.97) | (1.05) | - | (0.96) | (0.70) | (0.81) | - | (0.99) | (1.08) | (0.78) | - | (0.80) | (1.01) | (0.69) | - | |||||||||||
| Shares Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (124.7) | (115.6) | (113.4) | (115.3) | (121.9) | (96.7) | (105.2) | (71.6) | (68.8) | (67.2) | (61.9) | (66.3) | (45.1) | (39.8) | (41.9) | (52.3) | (35.4) | (51.6) | (42.5) | (30.0) | (24.9) | (28.4) | (13.3) | (8.5) | (7.7) | - | (3.5) | - | - |
| EBIT | (125.3) | (116.1) | (113.9) | (115.8) | (122.4) | (97.2) | (105.6) | (72.0) | (69.2) | (67.7) | (62.3) | (66.7) | (45.5) | (40.1) | (42.3) | (52.8) | (35.8) | (52.0) | (42.8) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 78.3 | 69.9 | 62.5 | 31.4 | 28.2 | 28.7 | 13.4 | 2.8 |
| Depreciation & Amortization | 2.1 | 2.0 | 1.7 | 1.7 | 1.7 | 1.1 | 0.7 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | (1.7) | (1.7) | (0.5) | (1.4) | (0.1) | (0.0) | - | - |
| Total Operating Expenses | 471.1 | 468.2 | 343.9 | 242.2 | 171.0 | 150.0 | 58.6 | 13.8 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 19.4 | 22.0 | 26.5 | 6.2 | 2.9 | 0.7 | (0.8) | (1.0) |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (149.3) |
| (59.4) |
| (14.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (451.7) | (446.2) | (317.4) | (235.9) | (168.1) | (149.3) | (59.4) | (14.9) |
| Net Income Attributable To Parent | (451.7) | (446.2) | (317.4) | (235.9) | (168.1) | (149.3) | (59.4) | (14.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (451.7) | (446.2) | (317.4) | (235.9) | (168.1) | (149.3) | (59.4) | (14.9) |
| - |
| - |
| Shares Basic | - | - | - | - | - | - | - | - |
| Shares Diluted | - | - | - | - | - | - | - | - |
| (58.6) |
| (13.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.7 |
| 6.3 |
| 6.3 |
| 6.5 |
| 6.5 |
| 3.8 |
| 1.3 |
| 1.8 |
| - |
| 0.6 |
| - |
| - |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 35.8 |
| 52.0 |
| 42.8 |
| 30.2 |
| 25.1 |
| 28.6 |
| 13.5 |
| 8.7 |
| 7.9 |
| - |
| 3.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| (0.1) |
| (0.4) |
| (0.3) |
| (0.0) |
| - |
| (2.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (51.8) |
| (42.6) |
| (30.0) |
| (25.0) |
| (28.6) |
| (13.9) |
| (9.0) |
| (7.9) |
| (5.4) |
| (5.9) |
| (1.5) |
| (2.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (51.8) |
| (42.6) |
| (30.0) |
| (25.0) |
| (28.6) |
| (13.9) |
| (9.0) |
| (7.9) |
| (5.4) |
| (5.9) |
| (1.5) |
| (2.1) |
| (35.6) |
| (51.8) |
| (42.6) |
| (30.0) |
| (25.0) |
| (28.6) |
| (13.9) |
| (9.0) |
| (7.9) |
| (5.4) |
| (5.9) |
| (1.5) |
| (2.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (52.3) |
| (35.6) |
| (51.8) |
| (42.6) |
| (30.0) |
| (25.0) |
| (28.6) |
| (13.9) |
| (9.0) |
| (7.9) |
| (5.4) |
| (5.9) |
| (1.5) |
| (2.1) |
| (0.83) |
| (0.58) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (30.2) |
| (25.1) |
| (28.6) |
| (13.5) |
| (8.7) |
| (7.9) |
| - |
| (3.6) |
| - |
| - |