| (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 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 80.1 | 168.4 | 87.3 | 82.4 | 65.0 | 69.1 | 51.6 | 73.8 | 137.7 | 32.3 | 34.0 | 25.8 | 24.3 | 18.8 | 19.0 | 18.8 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||
| Revenues | 418.2 | 403.1 | 332.3 | 116.3 | 75.5 | 78.4 | 227.5 | 148.4 | 0.0 | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Operating Income | ||||||||||||||||
| Operating Income | 75.8 | 60.3 | 54.4 | (155.6) | (179.5) | (226.7) | (121.4) | (93.1) | (204.6) | (169.0) | (76.2) | (50.0) | (36.2) | (22.8) | ||
| Non-Operating | ||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Tax & Net | ||||||||||||||||
| Income Tax Expense | 1.8 | 1.8 | 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 | |
| Per Share | ||||||||||||||||
| EPS Basic | (0.03) | (0.11) | (0.28) | (2.03) | (3.52) | (9.31) | (5.23) | (3.59) | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EBITDA | - | 60.4 | 54.5 | (155.4) | (179.0) | (226.1) | (120.8) | (92.8) | (204.3) | (168.7) | (75.9) | (49.8) | (36.1) | (22.7) | (10.1) | (10.0) |
| 18.8 |
| 15.4 |
| 14.4 |
| 40.7 |
| 8.0 |
| 9.6 |
| 3.8 |
| 212.2 |
| 1.8 |
| 1.0 |
| 1.0 |
| 1.0 |
| 145.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | 43.1 | 41.4 | 41.8 | 39.5 | 43.0 | 36.9 | 40.0 | 44.2 | 42.0 | 45.4 | 33.2 | 34.0 | 29.9 | 24.1 | 25.0 | 29.6 | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.1 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | 34.6 | - | 41.3 | 28.5 | 31.5 | 25.6 | 17.3 | 15.6 | 10.1 | 11.5 | 13.4 | 6.8 | 11.7 | 4.2 | 6.5 | 9.2 | 7.1 | |||||||||||||||||||||||
| Total Operating Expenses | 86.7 | 83.2 | 97.3 | 75.3 | 87.1 | 73.5 | 67.7 | 71.3 | 65.5 | 74.6 | 61.5 | 62.8 | 72.9 | 61.3 | 60.6 | 71.2 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (6.6) | 85.2 | (10.0) | 7.1 | (22.1) | (4.4) | (16.0) | 2.6 | 72.3 | (42.4) | (27.5) | (37.1) | (48.6) | (42.5) | (41.6) | (52.4) | (43.0) | (55.6) | (55.7) | (32.5) | (82.8) | (95.6) | (80.6) | 129.2 | (74.4) | (59.0) | (65.8) | (55.3) | 86.9 | (60.6) | (50.6) | (46.5) | (46.9) | (38.7) | (45.7) | (43.7) | (40.9) | (29.3) | (17.7) | (14.3) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 19.8 | 22.6 | 22.1 | 20.5 | 19.4 | 16.4 | 15.1 | 13.7 | 14.0 | 15.1 | 15.0 | 14.5 | 14.4 | 14.3 | 14.2 | 14.3 | 14.1 | 13.4 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 1.2 | 1.1 | 0.7 | 0.7 | 1.1 | 1.2 | 1.6 | 2.5 | 2.8 | 1.1 | 1.3 | 1.7 | 1.3 | 1.4 | 0.7 | 0.3 | 0.3 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 1.8 | 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 | 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 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (25.2) | 61.8 | (31.3) | (12.7) | (40.5) | (21.3) | (29.5) | (61.9) | 61.0 | (56.3) | (41.3) | (49.9) | (61.7) | (55.5) | (55.1) | (66.3) | (56.7) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (25.2) | 61.8 | (31.3) | (12.7) | (40.5) | (21.3) | (29.5) | (61.9) | 61.0 | (56.3) | (41.3) | (49.9) | (61.7) | (55.5) | (55.1) | (66.3) | (56.7) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (25.2) | 61.8 | (31.3) | (12.7) | (40.5) | (21.3) | (29.5) | (61.9) | 61.0 | (56.3) | (41.3) | (49.9) | (61.7) | (55.5) | (55.1) | (66.3) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (25.2) | 61.8 | (31.3) | (12.7) | (40.5) | (21.3) | (29.5) | (61.9) | 61.0 | (56.3) | (41.3) | (49.9) | (61.7) | (55.5) | (55.1) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.10) | - | (0.16) | (0.06) | (0.21) | - | (0.15) | (0.33) | 0.36 | - | (0.37) | (0.46) | (0.79) | - | (0.81) | (1.05) | (0.93) | - | (2.62) | (1.67) | (3.50) | - | (3.07) | 4.50 | (2.84) | - | - | (2.01) | 3.26 | - | - | (1.71) | (1.73) | - | - | - | - | - | - | - |
| EPS Diluted | (0.10) | - | (0.16) | (0.06) | (0.21) | - | (0.15) | (0.33) | 0.34 | - | (0.37) | (0.46) | (0.79) | - | (0.81) | (1.05) | (0.93) | - | ||||||||||||||||||||||
| Shares Basic | 251.4 | - | 200.7 | 197.5 | 196.1 | - | 194.9 | 188.8 | 169.3 | - | 111.9 | 109.2 | 78.4 | - | 67.8 | 63.2 | 61.0 | - | ||||||||||||||||||||||
| Shares Diluted | 251.4 | - | 200.7 | 197.5 | 196.1 | - | 194.9 | 188.8 | 189.6 | - | 111.9 | 109.2 | 78.4 | - | 67.8 | 63.2 | 61.0 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (6.6) | - | - | - | (22.1) | - | - | - | 72.3 | - | - | - | (48.5) | - | - | - | (42.8) | - | - | - | (82.7) | - | - | - | (74.3) | - | - | - | 87.0 | - | - | - | (46.8) | - | - | - | (40.8) | - | - | - |
| EBIT | (6.6) | 85.2 | (10.0) | 7.1 | (22.1) | (4.4) | (16.0) | 2.6 | 72.3 | (42.4) | (27.5) | (37.1) | (48.6) | (42.5) | (41.6) | (52.4) | (43.0) | (55.6) | (55.7) | |||||||||||||||||||||
| - |
| Selling General & Administrative | 165.9 | 165.8 | 163.1 | 142.5 | 109.1 | 185.0 | 199.6 | 65.9 | 33.1 | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | 65.9 | 33.1 | 21.4 | 18.3 | 20.2 | 10.9 | 6.7 | 2.2 | 2.4 |
| Depreciation & Amortization | - | 0.1 | 0.1 | 0.2 | 0.5 | 0.6 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | 68.6 | 43.3 | 27.0 | 14.2 | 2.4 | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Total Operating Expenses | 342.5 | 342.9 | 277.9 | 271.9 | 255.0 | 305.2 | 348.9 | 241.5 | 204.6 | 169.0 | 76.2 | 50.0 | 36.2 | 22.8 | 10.2 | 10.2 |
| (10.2) |
| (10.2) |
| Interest Expense | 85.0 | 84.6 | 59.3 | 59.0 | 56.8 | 46.4 | 22.7 | 8.1 | 0.0 | 0.2 | 0.4 | 0.5 | 0.3 | 0.9 | 1.5 | 0.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.6 | 3.5 | 8.0 | 5.3 | 2.7 | 4.0 | 0.5 | 4.1 | 2.8 | 2.2 | 1.2 | 0.8 | 0.1 | 0.2 | (0.1) | (0.1) |
| Pre-Tax Income | - | (20.8) | (51.7) | (209.2) | - | - | - | - | - | - | - | - | - | - | - | - |
| 0.0 |
| Net Income From Continuing Ops | (7.4) | (22.7) | (51.7) | (209.2) | (233.7) | (269.1) | (143.6) | (97.2) | (201.8) | (167.0) | (75.0) | (49.8) | (36.4) | (26.1) | (11.7) | (10.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (7.4) | (22.7) | (51.7) | (209.2) | (233.7) | (269.1) | (143.6) | (97.2) | (201.8) | (167.0) | (75.0) | (49.8) | (36.4) | (26.1) | (11.7) | (10.8) |
| Net Income Attributable To Parent | (7.4) | (22.7) | (51.7) | (209.2) | (233.7) | (269.1) | (143.6) | (97.2) | (201.8) | (167.0) | (75.0) | (49.8) | (36.4) | (26.1) | (11.7) | (10.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (7.4) | (22.7) | (51.7) | (209.2) | (233.7) | (269.1) | (143.6) | (97.2) | (201.8) | (167.0) | (75.0) | (49.8) | (36.4) | (26.1) | (11.7) | (10.8) |
| EPS Diluted | (0.03) | (0.11) | (0.28) | (2.03) | (3.52) | (9.31) | (5.23) | (3.59) | - | - | - | - | - | - | - | - |
| Shares Basic | 251.4 | 207.9 | 187.2 | 103.1 | 66.4 | 28.9 | 27.5 | 27.1 | - | - | - | - | - | - | - | - |
| Shares Diluted | 251.4 | 207.9 | 187.2 | 103.1 | 66.4 | 28.9 | 27.5 | 27.1 | - | - | - | - | - | - | - | - |
| EBIT | 75.8 | 60.3 | 54.4 | (155.6) | (179.5) | (226.7) | (121.4) | (93.1) | (204.6) | (169.0) | (76.2) | (50.0) | (36.2) | (22.8) | (10.2) | (10.2) |
| 30.4 |
| 38.3 |
| 39.3 |
| 46.3 |
| 61.1 |
| 61.6 |
| 48.8 |
| 47.7 |
| 41.6 |
| 21.7 |
| 18.5 |
| 13.5 |
| 12.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 21.7 |
| 18.5 |
| 13.5 |
| 12.2 |
| 11.2 |
| 9.0 |
| 7.0 |
| 6.0 |
| 5.3 |
| 5.7 |
| 5.4 |
| 5.0 |
| 4.4 |
| 4.2 |
| 4.6 |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.1 |
| 5.6 |
| 1.8 |
| 1.8 |
| 1.7 |
| 0.3 |
| 0.4 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 61.8 |
| 71.0 |
| 70.2 |
| 73.2 |
| 90.8 |
| 105.2 |
| 84.4 |
| 83.1 |
| 76.3 |
| 59.9 |
| 66.7 |
| 56.3 |
| 58.5 |
| 60.6 |
| 50.6 |
| 46.5 |
| 46.9 |
| 38.7 |
| 45.7 |
| 43.7 |
| 40.9 |
| 29.3 |
| 17.7 |
| 14.3 |
| 13.7 |
| 11.1 |
| 8.1 |
| 8.9 |
| 4.9 |
| 4.6 |
| 4.2 |
| - |
| 4.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.9 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.4 |
| 1.1 |
| 1.4 |
| 1.1 |
| 0.5 |
| 0.6 |
| 0.7 |
| 0.8 |
| 0.8 |
| 1.0 |
| 0.5 |
| 0.3 |
| 0.3 |
| 0.0 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (65.1) |
| (69.4) |
| (43.7) |
| (90.9) |
| (104.5) |
| (85.4) |
| 124.6 |
| (78.2) |
| (61.9) |
| (68.4) |
| (54.2) |
| 87.4 |
| (60.0) |
| (49.9) |
| (45.7) |
| (46.1) |
| (37.9) |
| (45.2) |
| (43.3) |
| (40.5) |
| (29.0) |
| (17.4) |
| (14.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (65.1) |
| (69.4) |
| (43.7) |
| (90.9) |
| (104.5) |
| (85.4) |
| 124.6 |
| (78.2) |
| (61.9) |
| (68.4) |
| (54.2) |
| 87.4 |
| (60.0) |
| (49.9) |
| (45.7) |
| (46.1) |
| (37.9) |
| (45.2) |
| (43.3) |
| (40.5) |
| (29.0) |
| (17.4) |
| (14.0) |
| (56.7) |
| (65.1) |
| (69.4) |
| (43.7) |
| (90.9) |
| (104.5) |
| (85.4) |
| 124.6 |
| (78.2) |
| (61.9) |
| (68.4) |
| (54.2) |
| 87.4 |
| (60.0) |
| (49.9) |
| (45.7) |
| (46.1) |
| (37.9) |
| (45.2) |
| (43.3) |
| (40.5) |
| (29.0) |
| (17.4) |
| (14.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (66.3) |
| (56.7) |
| (65.1) |
| (69.4) |
| (43.7) |
| (90.9) |
| (104.5) |
| (85.4) |
| 124.6 |
| (78.2) |
| (61.9) |
| (68.4) |
| (54.2) |
| 87.4 |
| (60.0) |
| (49.9) |
| (45.7) |
| (46.1) |
| (37.9) |
| (45.2) |
| (43.3) |
| (40.5) |
| (29.0) |
| (17.4) |
| (14.0) |
| (2.62) |
| (1.67) |
| (3.50) |
| - |
| (3.07) |
| 4.32 |
| (2.84) |
| - |
| - |
| (2.01) |
| 3.07 |
| - |
| - |
| (1.71) |
| (1.73) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.5 |
| 26.2 |
| 26.0 |
| - |
| 27.8 |
| 27.7 |
| 27.5 |
| - |
| - |
| 27.0 |
| 26.8 |
| - |
| - |
| 26.8 |
| 26.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.5 |
| 26.2 |
| 26.0 |
| - |
| 27.8 |
| 28.9 |
| 27.5 |
| - |
| - |
| 27.0 |
| 28.4 |
| - |
| - |
| 26.8 |
| 26.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (32.5) |
| (82.8) |
| (95.6) |
| (80.6) |
| 129.2 |
| (74.4) |
| (59.0) |
| (65.8) |
| (55.3) |
| 86.9 |
| (60.6) |
| (50.6) |
| (46.5) |
| (46.9) |
| (38.7) |
| (45.7) |
| (43.7) |
| (40.9) |
| (29.3) |
| (17.7) |
| (14.3) |