| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||
| Revenues | 73.1 | 90.3 | 69.0 | 69.4 | 68.5 | 78.9 | 61.1 | 66.9 | 59.3 | 61.0 | 50.0 | 49.3 | 41.7 | 43.6 | 33.9 | 37.2 | |||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 301.8 | 297.2 | 266.3 | 202.1 | 148.6 | 99.7 | 56.5 | 34.9 | 0.0 | - |
| Cost of Revenue | 102.4 | 100.1 | 84.0 | 64.5 | 58.8 | 43.5 | 18.3 | 8.0 | 0.0 | - |
| Gross Profit | 199.3 | 197.1 | 182.3 | 137.6 | 89.8 | 56.1 | 38.2 | 26.9 | 0.0 | - |
| Operating Expenses | ||||||||||
| Research & Development | - | - | - | - | - | 2.1 | 1.7 | 4.0 | 6.5 | 6.7 |
| Selling General & Administrative | 216.1 | 220.8 | 198.0 | |||||||
| Operating Income | ||||||||||
| Operating Income | (24.3) | (32.7) | (34.4) | (49.2) | (65.3) | (44.4) | (153.1) | (98.9) | (46.1) | (11.7) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | - | 0.2 | 0.0 |
| Interest Expense | 19.3 | 19.7 | 18.7 | 13.8 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.9 | 0.7 | 0.7 | 0.2 | 0.1 | 0.0 | 0.1 | (15.0) | 0.1 | (7.3) |
| Net Income From Continuing Ops | (43.4) | (51.6) | (50.4) | |||||||
| Per Share | ||||||||||
| EPS Basic | (0.67) | (0.80) | (0.81) | (1.08) | (1.33) | (0.94) | (4.83) | - | - | - |
| EPS Diluted | (0.67) | (0.80) | (0.81) | (1.08) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (16.0) | (25.2) | (29.1) | (44.1) | (61.6) | (38.8) | (146.0) | (94.8) | (46.1) | (11.5) |
| EBIT | (24.3) | (32.7) | (34.4) | (49.2) | ||||||
| 33.9 |
| 34.7 |
| 26.7 |
| 26.1 |
| 12.2 |
| 20.6 |
| 17.7 |
| 7.8 |
| 10.5 |
| 19.4 |
| 13.2 |
| 2.3 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 24.2 | 31.0 | 23.1 | 24.1 | 21.9 | 26.3 | 19.0 | 19.8 | 18.8 | 22.2 | 15.4 | 14.7 | 12.1 | 16.3 | 13.5 | 15.8 | 13.2 | 15.8 | 11.5 | 11.3 | 4.9 | 7.3 | 4.9 | 1.9 | 4.2 | 3.6 | 3.7 | 0.7 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - |
| Gross Profit | 48.9 | 59.3 | 45.8 | 45.3 | 46.7 | 52.6 | 42.1 | 47.1 | 40.5 | 38.8 | 34.6 | 34.6 | 29.6 | 27.3 | 20.4 | 21.3 | 20.7 | 18.8 | 15.2 | 14.8 | 7.3 | 13.3 | 12.8 | 5.9 | 6.3 | 15.8 | 9.4 | 1.7 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.4 | 0.3 | 0.5 | 0.8 | 0.7 | 0.4 | 0.1 | 0.5 | 0.4 | 0.7 | 0.5 | 2.4 | 1.2 | 2.0 | 1.6 | 1.7 | 1.2 | 1.5 | 1.4 | 2.7 |
| Selling General & Administrative | 52.0 | 54.7 | 52.8 | 56.7 | 56.6 | 50.2 | 52.5 | 50.2 | 45.1 | 43.1 | 43.3 | 41.2 | 37.4 | 36.7 | 34.8 | 36.9 | |||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Depreciation & Amortization | 2.3 | 3.9 | 1.1 | 0.9 | 1.6 | 1.4 | 1.1 | 1.4 | 1.4 | 1.4 | 1.3 | 1.2 | 1.2 | 1.0 | 0.9 | 0.9 | |||||||||||||||||||||
| Amortization of Intangibles | 1.9 | 1.8 | 1.7 | 1.5 | 1.3 | 1.0 | 0.8 | 1.2 | 1.2 | 1.1 | 1.1 | 1.0 | 1.0 | 0.9 | 0.8 | 0.8 | 0.8 | ||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Total Operating Expenses | 55.7 | 55.1 | 57.3 | 55.5 | 61.8 | 54.9 | 57.6 | 54.8 | 49.4 | 5.1 | 63.5 | 64.5 | 53.8 | (4.6) | 51.8 | 58.5 | |||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (6.8) | 4.2 | (11.5) | (10.2) | (15.2) | (2.3) | (15.5) | (7.7) | (8.9) | (8.6) | (13.4) | (15.1) | (12.0) | (10.6) | (17.9) | (21.3) | (15.4) | (18.0) | (19.1) | (15.3) | 8.0 | (108.0) | (8.8) | (18.9) | (17.4) | (12.5) | (25.1) | (36.0) | (25.3) | (12.5) | (11.5) | (16.1) | (6.0) | (2.9) | (2.6) | (2.3) | (4.0) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4 | - | - | - | 0.0 | - | - | - | - |
| Interest Expense | 4.0 | 4.0 | 4.1 | 7.2 | 4.4 | 4.6 | 4.8 | 4.7 | 4.7 | 4.1 | 3.8 | 3.2 | 2.8 | 2.6 | 2.3 | 2.1 | 2.0 | 0.1 | |||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Non-Operating Income | 0.1 | 0.0 | (0.5) | (0.2) | 0.1 | (0.3) | 0.3 | 0.1 | 0.0 | 0.7 | 0.0 | 0.0 | (0.0) | 0.1 | (0.1) | (0.0) | (0.0) | ||||||||||||||||||||
| Pre-Tax Income | (10.4) | 0.5 | (15.6) | (17.1) | (18.8) | (6.4) | (19.0) | (11.3) | (13.1) | (11.7) | (16.9) | (18.1) | (14.8) | (13.1) | (20.3) | (23.4) | |||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 0.4 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | (0.0) | (0.0) | 0.3 | (0.1) | (0.1) | (0.2) | (14.5) | 0.0 | 0.0 | 0.0 | 0.0 | (7.3) | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (10.7) | 0.1 | (15.7) | (17.1) | (18.9) | (6.8) | (19.2) | (11.4) | (13.1) | (11.8) | (16.9) | (18.1) | (14.8) | (15.2) | (20.3) | (23.5) | (15.4) | ||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income | (10.7) | 0.1 | (15.7) | (17.1) | (18.9) | (6.8) | (19.2) | (11.4) | (13.1) | (11.8) | (16.9) | (18.1) | (14.8) | (13.2) | (20.3) | (23.5) | (17.5) | ||||||||||||||||||||
| Net Income Attributable To Parent | (10.7) | 0.1 | (15.7) | (17.1) | (18.9) | (6.8) | (19.2) | (11.4) | (13.1) | (11.8) | (16.9) | (18.1) | (14.8) | (13.2) | (20.3) | (23.5) | |||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income To Common Shareholders | (10.7) | 0.1 | (15.7) | (17.1) | (18.9) | (6.8) | (19.2) | (11.4) | (13.1) | (11.8) | (16.9) | (18.1) | (14.8) | (13.3) | (20.3) | ||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.16) | - | (0.24) | (0.27) | (0.30) | - | (0.30) | (0.18) | (0.22) | - | (0.30) | (0.32) | (0.26) | - | (0.36) | (0.42) | (0.31) | - | (0.35) | (0.31) | 0.17 | - | (0.34) | (0.63) | (0.59) | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.16) | - | (0.24) | (0.27) | (0.30) | - | (0.30) | (0.18) | (0.22) | - | (0.30) | (0.32) | (0.26) | - | (0.36) | (0.42) | (0.31) | - | |||||||||||||||||||
| Shares Basic | 65.2 | - | 64.7 | 64.5 | 63.7 | - | 63.1 | 62.7 | 58.8 | - | 57.0 | 56.9 | 56.5 | - | 56.2 | 56.1 | 55.7 | - | |||||||||||||||||||
| Shares Diluted | 65.2 | - | 64.7 | 64.5 | 63.7 | - | 63.1 | 62.7 | 58.8 | - | 57.0 | 56.9 | 56.5 | - | 56.2 | 56.1 | 55.7 | - | |||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EBITDA | (4.5) | 8.1 | (10.4) | (9.3) | (13.6) | (0.9) | (14.4) | (6.3) | (7.5) | (7.3) | (12.1) | (13.9) | (10.8) | (9.6) | (17.0) | (20.5) | (14.5) | (17.1) | (18.2) | (13.5) | 10.1 | (106.2) | (7.0) | (17.2) | (15.6) | (11.1) | (23.9) | (35.0) | (24.8) | (12.5) | (11.5) | (16.1) | (6.0) | (2.9) | (2.6) | (2.2) | (3.9) |
| EBIT | (6.8) | 4.2 | (11.5) | (10.2) | (15.2) | (2.3) | (15.5) | (7.7) | (8.9) | (8.6) | (13.4) | (15.1) | (12.0) | (10.6) | (17.9) | (21.3) | (15.4) | (18.0) | (19.1) | ||||||||||||||||||
| 164.9 |
| 141.8 |
| 112.1 |
| 98.2 |
| 113.6 |
| 29.1 |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | 29.1 | 4.8 |
| Depreciation & Amortization | 8.3 | 7.5 | 5.3 | 5.1 | 3.7 | 5.6 | 7.0 | 4.1 | 0.0 | 0.2 |
| Amortization of Intangibles | 6.9 | 6.3 | 4.1 | 4.1 | 3.4 | 5.3 | 3.6 | 3.9 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 223.7 | 229.8 | 216.7 | 186.8 | 155.1 | 144.1 | 209.6 | 125.9 | 46.1 | 11.7 |
| 9.1 |
| 1.4 |
| - |
| - |
| 0.9 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.5) | (0.5) | 0.1 | 0.7 | (0.0) | 0.0 | (10.5) | (8.0) | (0.9) | - |
| Pre-Tax Income | (42.6) | (51.0) | (49.8) | (61.5) | (74.3) | (46.8) | (162.9) | (105.1) | (46.8) | (11.7) |
| (61.7) |
| (74.4) |
| (46.8) |
| (163.0) |
| (90.0) |
| (46.9) |
| (4.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (43.4) | (51.6) | (50.4) | (61.7) | (74.4) | (46.8) | (163.0) | (90.0) | (46.9) | (4.5) |
| Net Income Attributable To Parent | (43.4) | (51.6) | (50.4) | (61.7) | (74.4) | (46.8) | (163.0) | (90.0) | (46.9) | (4.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (43.4) | (51.6) | (50.4) | (61.7) | (74.4) | (46.8) | (163.0) | (90.0) | (46.9) | (4.5) |
| (1.33) |
| (0.94) |
| (4.83) |
| - |
| - |
| - |
| Shares Basic | 65.2 | 64.5 | 62.0 | 56.9 | 56.1 | 49.8 | 33.7 | - | - | - |
| Shares Diluted | 65.2 | 64.5 | 62.0 | 56.9 | 56.1 | 49.8 | 33.7 | - | - | - |
| (65.3) |
| (44.4) |
| (153.1) |
| (98.9) |
| (46.1) |
| (11.7) |
| 33.4 |
| 33.3 |
| 31.7 |
| 26.5 |
| 20.7 |
| 27.4 |
| 21.9 |
| 17.6 |
| 31.3 |
| 30.3 |
| 30.9 |
| 34.9 |
| 17.5 |
| - |
| 7.2 |
| 6.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.5 |
| 12.2 |
| 7.2 |
| 6.2 |
| 3.5 |
| 1.7 |
| 1.2 |
| 0.8 |
| 1.2 |
| 0.9 |
| 0.9 |
| 0.9 |
| 1.7 |
| 2.0 |
| 1.9 |
| 1.7 |
| 1.7 |
| 1.7 |
| 1.5 |
| 1.2 |
| 1.0 |
| 0.5 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.8 |
| 0.8 |
| 1.7 |
| 2.0 |
| (1.2) |
| 1.7 |
| 1.5 |
| 1.6 |
| 1.3 |
| 1.1 |
| 0.9 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 49.4 |
| 52.7 |
| 45.8 |
| 41.4 |
| 4.2 |
| 139.6 |
| 21.6 |
| 24.7 |
| 23.7 |
| 28.4 |
| 34.6 |
| 37.6 |
| 25.3 |
| 12.5 |
| 11.5 |
| 16.1 |
| 6.0 |
| 2.9 |
| 2.6 |
| 2.3 |
| 4.0 |
| 0.3 |
| 0.3 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (2.8) |
| (2.8) |
| (2.5) |
| (2.5) |
| (2.5) |
| (2.5) |
| (2.4) |
| (0.6) |
| (0.1) |
| (0.3) |
| (0.3) |
| (0.1) |
| - |
| (0.0) |
| (0.0) |
| (0.0) |
| (17.5) |
| (18.2) |
| (19.4) |
| (15.6) |
| 6.4 |
| (110.8) |
| (11.5) |
| (21.1) |
| (19.5) |
| (14.6) |
| (27.1) |
| (37.8) |
| (25.5) |
| (12.4) |
| (11.8) |
| (16.4) |
| (6.2) |
| (2.9) |
| (2.6) |
| (2.3) |
| (4.0) |
| (18.2) |
| (19.4) |
| (15.6) |
| 6.4 |
| (110.7) |
| (11.5) |
| (21.1) |
| (19.7) |
| (14.5) |
| (27.0) |
| (37.6) |
| (11.0) |
| (12.4) |
| (11.8) |
| (16.4) |
| (6.2) |
| 4.4 |
| (2.6) |
| (2.3) |
| (4.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.2) |
| (19.4) |
| (15.6) |
| 6.4 |
| (110.7) |
| (11.5) |
| (21.1) |
| (19.7) |
| (14.5) |
| (27.0) |
| (37.6) |
| (11.0) |
| (12.4) |
| (11.8) |
| (16.4) |
| (6.2) |
| 4.4 |
| (2.6) |
| (2.3) |
| (4.0) |
| (17.5) |
| (18.2) |
| (19.4) |
| (15.6) |
| 6.4 |
| (110.7) |
| (11.5) |
| (21.1) |
| (19.7) |
| (14.5) |
| (27.0) |
| (37.6) |
| (11.0) |
| (12.4) |
| (11.8) |
| (16.4) |
| (6.2) |
| 4.4 |
| (2.6) |
| (2.3) |
| (4.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.5) |
| (17.4) |
| (18.2) |
| (19.4) |
| (15.6) |
| 6.4 |
| (110.7) |
| (11.5) |
| (21.1) |
| (19.7) |
| (14.5) |
| (27.0) |
| (37.6) |
| (11.0) |
| (12.4) |
| (11.8) |
| (16.4) |
| (6.2) |
| 4.4 |
| (2.6) |
| (2.3) |
| (4.0) |
| (0.35) |
| (0.31) |
| 0.16 |
| - |
| (0.34) |
| (0.63) |
| (0.59) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 55.0 |
| 51.2 |
| 37.1 |
| - |
| 33.7 |
| 33.7 |
| 33.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 55.0 |
| 51.2 |
| 41.1 |
| - |
| 33.7 |
| 33.7 |
| 33.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.3) |
| 8.0 |
| (108.0) |
| (8.8) |
| (18.9) |
| (17.4) |
| (12.5) |
| (25.1) |
| (36.0) |
| (25.3) |
| (12.5) |
| (11.5) |
| (16.1) |
| (6.0) |
| (2.9) |
| (2.6) |
| (2.3) |
| (4.0) |