| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 209.1 | 194.7 | 129.8 | 105.6 | 51.9 | 13.3 | 8.4 |
| Selling General & Administrative | 30.0 | 30.7 | 26.5 | 23.1 | 32.9 | ||
| Operating Income | |||||||
| Operating Income | (239.1) | (225.4) | (156.4) | (130.5) | (189.5) | (18.2) | (9.6) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | 0.0 | - |
| Interest Expense | 12.5 | 10.1 | 3.7 | 0.3 | 0.0 | 0.0 | - |
| Tax & Net | |||||||
| Income Tax Expense | 1.7 | 1.0 | 0.5 | 1.6 | 0.9 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (244.3) | (224.3) | (138.2) | (127.7) | (174.0) | (18.3) | |
| Per Share | |||||||
| EPS Basic | (0.69) | (0.70) | (0.48) | (0.46) | (0.68) | (0.08) | (0.04) |
| EPS Diluted | (0.69) | (0.70) | (0.48) | (0.46) | (0.68) | (0.08) | (0.04) |
| Supplementary Data | |||||||
| EBITDA | - | (224.5) | (156.1) | (130.4) | (189.5) | (18.1) | (9.6) |
| EBIT | (239.1) | (225.4) | (156.4) | (130.5) | (189.5) | (18.2) | (9.6) |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 59.1 | 59.4 | 44.9 | 45.7 | 44.7 | 33.7 | 32.4 | 36.3 | 27.5 | 33.6 | 28.6 | 21.8 | 21.5 | 18.0 | 14.3 | 10.4 | 9.1 | - | 2.8 | 1.9 | - |
| Selling General & Administrative | 7.2 | 7.6 | 7.0 | 8.2 | 7.9 | 6.2 | 8.4 | 5.4 | 6.5 | 5.3 | 5.0 | 6.6 | 6.2 | 9.0 | 6.8 | 15.7 | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.6 | ||||
| Depreciation & Amortization | 0.4 | - | - | - | 0.1 | - | - | - | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 66.3 | 67.0 | 51.9 | 53.9 | 52.6 | 39.9 | 40.8 | 41.7 | 33.9 | - | 33.7 | - | - | - | - | - | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (66.3) | (67.0) | (51.9) | (53.9) | (52.6) | (39.9) | (40.8) | (41.7) | (33.9) | (40.7) | (33.7) | (28.5) | (27.7) | (27.0) | (38.6) | (113.5) | (10.4) | (10.4) | (3.7) | (3.6) | (0.4) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 4.6 | 2.8 | 2.7 | 2.4 | 2.2 | 1.8 | 0.8 | 0.6 | 0.4 | 0.2 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | (3.5) | 1.5 | (1.7) | (2.1) | (1.7) | 1.1 | (1.7) | 1.1 | (0.2) | (1.6) | 0.5 | 0.1 | 0.0 | - | 0.5 | - | 7.0 | ||||
| Pre-Tax Income | (68.7) | (64.0) | (45.6) | (64.3) | (49.3) | (41.6) | (35.4) | (36.0) | (24.7) | (39.3) | (30.1) | (31.1) | (25.6) | (19.7) | (36.3) | (107.1) | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | 0.1 | (0.1) | 1.2 | 0.4 | (0.6) | (0.9) | 0.4 | 0.4 | 0.6 | (0.0) | 1.1 | 0.3 | 0.2 | 0.3 | 0.5 | 0.1 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (68.8) | (63.9) | (46.9) | (64.7) | (48.8) | (40.7) | (35.8) | (36.4) | (25.3) | (39.3) | (31.2) | (31.4) | (25.8) | (20.1) | (36.7) | (107.2) | (10.0) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (68.8) | (63.9) | (46.9) | (64.7) | (48.8) | (40.7) | (35.8) | (36.4) | (25.3) | (39.3) | (31.2) | (31.4) | (25.8) | (20.1) | (36.7) | (107.2) | (10.0) | ||||
| Net Income Attributable To Parent | (68.8) | (63.9) | (46.9) | (64.7) | (48.8) | (40.7) | (35.8) | (36.4) | (25.3) | (39.3) | (31.2) | (31.4) | (25.8) | (20.1) | (36.7) | (107.2) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (68.8) | (63.9) | (46.9) | (64.7) | (48.8) | (40.7) | (35.8) | (36.4) | (25.3) | (39.3) | (31.2) | (31.4) | (25.8) | (20.1) | (36.7) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.20) | - | (0.14) | (0.21) | (0.16) | - | (0.12) | (0.13) | (0.09) | - | (0.11) | (0.11) | (0.09) | - | (0.14) | (0.43) | (0.43) | - | (0.02) | (0.02) | - |
| EPS Diluted | (0.20) | - | (0.14) | (0.21) | (0.16) | - | (0.12) | (0.13) | (0.09) | - | (0.11) | (0.11) | (0.09) | - | (0.14) | (0.43) | (0.05) | - | |||
| Shares Basic | 351.8 | - | 326.2 | 303.7 | 303.6 | - | 297.8 | 276.4 | 276.3 | - | 275.9 | 275.6 | 275.5 | - | 272.0 | 249.0 | 220.0 | - | |||
| Shares Diluted | 351.8 | - | 326.2 | 303.7 | 303.6 | - | 297.8 | 276.4 | 276.3 | - | 275.9 | 275.6 | 275.5 | - | 272.0 | 249.0 | 220.0 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (65.9) | - | - | - | (52.5) | - | - | - | (33.9) | (40.6) | (33.6) | (28.4) | (27.7) | (27.0) | (38.6) | (113.5) | (10.4) | - | (3.7) | - | - |
| EBIT | (66.3) | (67.0) | (51.9) | (53.9) | (52.6) | (39.9) | (40.8) | (41.7) | (33.9) | (40.7) | (33.7) | (28.5) | (27.7) | (27.0) | (38.6) | (113.5) | (10.4) | (10.4) | (3.7) | ||
| 4.9 |
| 1.2 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | 6.1 | - |
| Depreciation & Amortization | - | 0.9 | 0.3 | 0.2 | 0.0 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 239.1 | 225.4 | 156.4 | 130.5 | 189.5 | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (5.8) | (4.0) | 0.2 | (0.9) | 0.1 | (0.1) | - |
| Pre-Tax Income | (242.6) | (223.2) | (137.7) | (126.1) | (173.1) | (18.3) | (9.6) |
| (9.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (244.3) | (224.3) | (138.2) | (127.7) | (174.0) | (18.3) | (9.6) |
| Net Income Attributable To Parent | (244.3) | (224.3) | (138.2) | (127.7) | (174.0) | (18.3) | (9.6) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (244.3) | (224.3) | (138.2) | (127.7) | (174.0) | (18.3) | (9.6) |
| Shares Basic | 351.8 | 321.3 | 288.5 | 275.8 | 254.1 | 220.0 | 220.0 |
| Shares Diluted | 351.8 | 321.3 | 288.5 | 275.8 | 254.1 | 220.0 | 220.0 |
| 1.3 |
| - |
| 0.9 |
| 1.7 |
| - |
| - |
| - |
| - |
| - |
| 1.3 |
| 1.8 |
| 2.6 |
| 0.4 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.8) |
| 9.8 |
| 0.7 |
| 12.1 |
| (10.0) |
| - |
| (3.8) |
| (3.7) |
| - |
| (8.3) |
| (3.8) |
| (3.7) |
| (2.5) |
| - |
| - |
| - |
| - |
| (8.3) |
| (3.8) |
| (3.7) |
| (2.5) |
| (10.0) |
| (8.3) |
| (3.8) |
| (3.7) |
| (2.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (107.2) |
| (10.0) |
| (8.3) |
| (3.8) |
| (3.7) |
| (2.5) |
| (0.02) |
| (0.02) |
| - |
| 220.0 |
| 220.0 |
| - |
| 220.0 |
| 220.0 |
| - |
| (3.6) |
| (0.4) |