| (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 | Q3 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||
| Revenues | 24.3 | 21.3 | 22.5 | 18.9 | 17.3 | 11.6 | 10.3 | 9.1 | 8.0 | 7.3 | 7.0 | 12.0 | 5.3 | 8.5 | 3.2 | 7.4 | ||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 86.9 | 80.0 | 39.0 | 31.6 | 21.3 | 21.8 | 0.0 | 1.0 | - |
| Cost of Revenue | 39.3 | 37.2 | 15.6 | 10.6 | 6.9 | 2.8 | 0.4 | 0.5 | - |
| Gross Profit | 47.6 | 42.7 | 23.4 | 21.1 | 14.3 | 19.0 | (0.4) | 0.5 | - |
| Operating Expenses | |||||||||
| Research & Development | 8.5 | 7.8 | 3.3 | 3.3 | 4.0 | 6.2 | 14.1 | 11.6 | 5.6 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | 2.0 | (0.8) | (2.6) | (1.2) | (8.3) | (1.5) | (27.1) | (18.6) | (10.3) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | 4.8 | 2.0 | 1.1 | 1.0 | ||||
| Tax & Net | |||||||||
| Income Tax Expense | (0.0) | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | - | - | - |
| Net Income From Continuing Ops | (1.5) | (4.6) | (3.8) | (0.9) | |||||
| Per Share | |||||||||
| EPS Basic | (0.05) | (0.17) | (0.15) | (0.04) | (0.36) | (0.08) | (1.33) | - | - |
| EPS Diluted | (0.05) | - | - | - | - | ||||
| Supplementary Data | |||||||||
| EBITDA | - | 3.2 | (1.5) | (0.3) | (8.2) | (1.3) | (26.8) | (18.3) | (10.3) |
| EBIT | 2.0 | (0.8) | (2.6) | (1.2) | (8.3) | ||||
| 2.2 |
| 6.1 |
| 0.8 |
| 3.1 |
| 11.9 |
| 0.1 |
| (0.2) |
| 0.0 |
| 0.1 |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 9.5 | 8.2 | 14.6 | 7.0 | 7.4 | 5.2 | 4.0 | 3.4 | 3.0 | 3.7 | 2.6 | 2.3 | 2.0 | 2.1 | 1.2 | 2.7 | 0.8 | 0.4 | 0.7 | 0.2 | 1.6 | 0.2 | 0.1 | 0.0 | 0.1 | - | - | - | - | - | - | - | - | - |
| Gross Profit | 14.7 | 13.1 | 7.9 | 11.9 | 9.9 | 6.5 | 6.3 | 5.6 | 5.0 | 3.6 | 4.4 | 9.7 | 3.3 | 6.4 | 2.0 | 4.6 | 1.3 | 5.7 | 0.1 | 2.9 | 10.3 | (0.1) | (0.3) | (0.0) | (0.0) | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| Research & Development | 1.9 | 1.8 | 1.1 | 3.7 | 1.2 | (0.9) | 0.5 | 3.0 | 0.7 | 1.0 | 0.6 | 1.1 | 0.5 | 0.9 | 0.7 | 0.7 | 1.6 | 0.7 | 2.7 | 2.0 | 0.9 | 3.4 | 2.8 | 1.6 | 6.3 | 0.2 | 3.4 | 1.4 | 6.5 | 1.1 | 1.5 | 1.7 | 1.3 | 1.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| General & Administrative | 10.4 | 8.9 | 8.1 | 9.7 | 9.2 | 6.7 | 5.3 | 5.6 | 5.2 | 4.6 | 4.3 | 4.7 | 5.3 | 4.4 | 4.2 | 5.3 | 4.8 | |||||||||||||||||
| Depreciation & Amortization | 1.1 | - | - | - | 1.0 | 0.9 | 0.0 | 0.0 | 0.2 | 0.7 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | ||||||||||||||||||
| Amortization of Intangibles | 1.1 | - | - | - | 1.0 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 1.5 | 0.1 | 0.0 | 0.0 | |||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Total Operating Expenses | 12.3 | 10.6 | 9.2 | 13.4 | 10.3 | 5.8 | 5.8 | 8.6 | 5.8 | 5.6 | 5.0 | 5.8 | 5.9 | 5.3 | 4.9 | 6.0 | ||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | 2.4 | 2.5 | (1.4) | (1.5) | (0.5) | 0.6 | 0.5 | (2.9) | (0.8) | (2.0) | (0.5) | 3.9 | (2.5) | 1.1 | (2.9) | (1.3) | (5.1) | 1.3 | (5.8) | (2.3) | 5.4 | (7.4) | (6.3) | (4.5) | (8.9) | (2.7) | (5.0) | (3.3) | (7.6) | (2.3) | (2.4) | (2.7) | (3.0) | (2.8) |
| Non-Operating | ||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 1.1 | - | 1.2 | - | 1.2 | - | 0.2 | - | 0.2 | - | 0.3 | - | 0.3 | - | - | - | 0.2 | - | ||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | (1.1) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | 0.7 | (0.1) | (0.2) | (0.2) | (0.2) | (0.2) | |||||||||||||||||
| Pre-Tax Income | 1.6 | 1.4 | (2.0) | (2.5) | (1.5) | (0.5) | 0.5 | (3.0) | (0.8) | (2.0) | (0.6) | 4.6 | (2.7) | 0.9 | (3.0) | (1.6) | ||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | (0.1) | (0.0) | 0.1 | 0.1 | 0.1 | (0.1) | 0.1 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | 1.6 | 1.5 | (1.9) | (2.6) | (1.6) | (0.6) | 0.6 | (3.0) | (0.8) | (2.3) | (0.6) | 4.6 | (2.7) | 0.9 | (3.0) | (1.6) | (5.3) | |||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Net Income | 1.6 | 1.5 | (1.9) | (2.6) | (1.6) | (0.6) | 0.6 | (3.0) | (0.8) | (2.3) | (0.6) | 4.6 | (2.7) | 0.9 | (3.0) | (1.6) | (5.3) | |||||||||||||||||
| Net Income Attributable To Parent | 1.6 | 1.5 | (1.9) | (2.6) | (1.6) | (0.6) | 0.6 | (3.0) | (0.8) | (2.3) | (0.6) | 4.6 | (2.7) | 0.9 | (3.0) | (1.6) | ||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Net Income To Common Shareholders | 1.6 | 1.5 | (1.9) | (2.6) | (1.6) | (0.6) | 0.6 | (3.0) | (0.8) | (2.3) | (0.6) | 4.6 | (2.7) | 0.9 | (3.0) | |||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||
| EPS Basic | 0.06 | - | (0.07) | (0.10) | (0.06) | - | 0.02 | (0.12) | (0.03) | - | (0.02) | 0.18 | (0.10) | - | (0.12) | (0.06) | (210.00) | - | (0.24) | (0.08) | 0.21 | - | - | (0.23) | (0.50) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | 0.05 | - | (0.07) | - | (0.06) | - | 0.02 | (0.12) | (0.03) | - | (0.02) | 0.18 | (0.10) | - | (0.12) | (0.06) | (0.21) | - | ||||||||||||||||
| Shares Basic | 27.3 | - | 26.9 | 26.9 | 26.9 | - | 25.9 | 25.8 | 25.8 | - | 0.0 | 0.0 | 0.0 | - | 25.4 | 25.1 | 25.3 | - | ||||||||||||||||
| Shares Diluted | 31.5 | - | 26.9 | - | 26.9 | - | 26.6 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 25.4 | 25.1 | 25.3 | - | ||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| EBITDA | 3.5 | - | - | - | 0.5 | 1.5 | 0.5 | (2.9) | (0.6) | (1.3) | (0.5) | 3.9 | (2.3) | 1.1 | (2.9) | (1.3) | (5.1) | 1.3 | (5.8) | (2.3) | 5.4 | (7.4) | (6.2) | (4.5) | (8.7) | (2.6) | (5.0) | (3.3) | (7.5) | - | - | - | (3.0) | - |
| EBIT | 2.4 | 2.5 | (1.4) | (1.5) | (0.5) | 0.6 | 0.5 | (2.9) | (0.8) | (2.0) | (0.5) | 3.9 | (2.5) | 1.1 | (2.9) | (1.3) | (5.1) | 1.3 | (5.8) | |||||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 37.1 | 35.8 | 22.8 | 18.9 | 18.6 | 14.3 | 12.6 | 7.6 | 4.7 |
| Depreciation & Amortization | - | 4.0 | 1.1 | 0.9 | 0.1 | 0.2 | 0.3 | 0.3 | 0.1 |
| Amortization of Intangibles | - | 4.0 | 1.1 | 0.8 | 1.6 | 0.2 | 0.2 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 45.6 | 43.6 | 26.0 | 22.3 | 22.6 | 20.5 | 26.7 | 19.1 | 10.3 |
| 1.0 |
| 0.9 |
| 0.1 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | (3.7) | (1.2) | 0.5 | (0.8) | (1.0) | (0.9) | 0.3 | 0.2 |
| Pre-Tax Income | (1.5) | (4.6) | (3.8) | (0.7) | (9.0) | (2.0) | (28.0) | (18.3) | (12.7) |
| (9.0) |
| (2.0) |
| (28.0) |
| (18.3) |
| (12.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (1.5) | (4.6) | (3.8) | (0.9) | (9.0) | (2.0) | (28.0) | (18.3) | (12.7) |
| Net Income Attributable To Parent | (1.5) | (4.6) | (3.8) | (0.9) | (9.0) | (2.0) | (28.0) | (18.3) | (12.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | 24.5 |
| Net Income To Common Shareholders | (1.5) | (4.6) | (3.8) | (0.9) | (9.0) | (2.0) | (28.0) | (18.3) | (37.2) |
| - |
| - |
| - |
| - |
| Shares Basic | 27.3 | 26.9 | 25.9 | 25.6 | 25.1 | 25.2 | 21.0 | - | - |
| Shares Diluted | 31.5 | - | - | - | - | - | - | - | - |
| (1.5) |
| (27.1) |
| (18.6) |
| (10.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.7 |
| 3.3 |
| 3.2 |
| 4.1 |
| 3.7 |
| 3.4 |
| 2.9 |
| 2.6 |
| 2.4 |
| 1.6 |
| 1.9 |
| 1.6 |
| 1.2 |
| 0.8 |
| 1.0 |
| 1.7 |
| 1.2 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.4 |
| 4.4 |
| 6.0 |
| 5.2 |
| 4.9 |
| 7.1 |
| 6.3 |
| 4.5 |
| 8.9 |
| 2.7 |
| 5.0 |
| 3.3 |
| 8.1 |
| 2.3 |
| 2.4 |
| 2.7 |
| 3.0 |
| 2.8 |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.6) |
| (0.2) |
| (0.2) |
| 0.2 |
| (0.0) |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| (5.3) |
| 1.0 |
| (6.1) |
| (2.0) |
| 5.1 |
| (7.7) |
| (6.5) |
| (4.7) |
| (9.0) |
| (2.7) |
| (5.0) |
| (3.2) |
| (7.4) |
| (3.7) |
| (2.9) |
| (3.1) |
| (3.0) |
| (2.8) |
| 1.0 |
| (6.1) |
| (2.0) |
| 5.1 |
| (7.7) |
| (6.5) |
| (4.7) |
| (9.0) |
| (2.7) |
| (5.0) |
| (3.2) |
| (7.4) |
| (3.7) |
| (2.9) |
| (3.1) |
| (3.0) |
| (2.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.0 |
| (6.1) |
| (2.0) |
| 5.1 |
| (7.7) |
| (6.5) |
| (4.7) |
| (9.0) |
| (2.7) |
| (5.0) |
| (3.2) |
| (7.4) |
| (3.7) |
| (2.9) |
| (3.1) |
| (3.0) |
| (2.8) |
| (5.3) |
| 1.0 |
| (6.1) |
| (2.0) |
| 5.1 |
| (7.7) |
| (6.5) |
| (4.7) |
| (9.0) |
| (2.7) |
| (5.0) |
| (3.2) |
| (7.4) |
| (3.7) |
| (2.9) |
| (3.1) |
| (3.0) |
| (2.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.3 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.7 |
| (1.6) |
| (5.3) |
| 1.0 |
| (6.1) |
| (2.0) |
| 5.1 |
| (7.7) |
| (6.5) |
| (4.7) |
| (9.0) |
| (2.7) |
| (5.0) |
| (3.2) |
| (7.4) |
| (26.1) |
| (3.6) |
| (3.8) |
| (3.7) |
| (3.5) |
| (0.24) |
| (0.08) |
| 0.19 |
| - |
| - |
| (0.23) |
| (0.50) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.3 |
| 0.0 |
| 24.5 |
| - |
| - |
| 21.0 |
| 18.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.3 |
| 0.0 |
| 26.5 |
| - |
| - |
| 21.0 |
| 18.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.3) |
| 5.4 |
| (7.4) |
| (6.3) |
| (4.5) |
| (8.9) |
| (2.7) |
| (5.0) |
| (3.3) |
| (7.6) |
| (2.3) |
| (2.4) |
| (2.7) |
| (3.0) |
| (2.8) |