| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 109.5 | 118.5 | 92.3 | 98.0 | 75.3 | 67.5 | 67.5 | 66.6 | 55.2 | 50.0 | 35.1 | 50.6 | 25.3 | 27.3 | 10.5 | 9.1 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 418.3 | 384.1 | 256.8 | 161.0 | 54.6 | 22.2 | 13.0 |
| Cost of Revenue | 333.9 | 303.3 | 227.5 | 151.2 | 60.2 | 29.0 | 22.6 |
| Gross Profit | 84.4 | 80.8 | 29.4 | 9.7 | (5.7) | (6.8) | (9.6) |
| Operating Expenses | |||||||
| Research & Development | - | 12.2 | 11.6 | 5.7 | 4.8 | 2.0 | 1.2 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (113.6) | (110.7) | (131.6) | (153.4) | (149.5) | (89.8) | (58.4) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | 4.5 | 0.1 | - |
| Interest Expense | 8.6 | 6.1 | 0.1 | - | 0.0 | - | - |
| Tax & Net | |||||||
| Income Tax Expense | (5.2) | (5.1) | (2.3) | 0.0 | 0.0 | - | - |
| Net Income From Continuing Ops | (106.2) | (95.4) | (126.7) | (135.5) | (106.2) | (57.8) | |
| Per Share | |||||||
| EPS Basic | (0.33) | (0.31) | (0.41) | (0.46) | (0.40) | (0.09) | - |
| EPS Diluted | (0.34) | (0.31) | (0.41) | (0.46) | (0.40) | (0.09) | - |
| Supplementary Data | |||||||
| EBITDA | - | - | - | - | - | - | - |
| EBIT | (113.6) | (110.7) | (131.6) | (153.4) | (149.5) | (89.8) | (58.4) |
| 7.7 |
| 7.1 |
| 6.2 |
| 4.8 |
| 4.1 |
| - |
| 3.6 |
| - |
| - |
| Cost of Revenue | 96.6 | 73.5 | 79.7 | 84.1 | 66.0 | 57.8 | 61.2 | 60.2 | 48.3 | 46.5 | 34.5 | 45.0 | 25.3 | 28.4 | 13.7 | 9.8 | 8.3 | 8.9 | 7.8 | 6.5 | 5.8 | - | 6.1 | - | - |
| Gross Profit | 13.0 | 45.0 | 12.6 | 13.9 | 9.3 | 9.8 | 6.4 | 6.4 | 6.8 | 3.5 | 0.6 | 5.5 | 0.0 | (1.1) | (3.2) | (0.7) | (0.6) | (1.8) | (1.7) | (1.7) | (1.7) | - | (2.5) | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | 43.4 | 40.6 | 38.6 | - | 33.1 | 33.8 | 34.2 | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 5.5 | - | - | - | 4.7 | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 46.0 | - | - | - | 38.6 | 40.0 | 33.1 | 33.8 | 34.2 | 38.8 | 32.0 | 34.3 | 37.9 | 36.8 | 32.3 | 32.2 | 25.4 | ||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Amortization of Intangibles | 1.2 | 1.1 | 1.3 | 1.9 | 2.0 | 2.6 | 2.5 | 2.5 | 2.6 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 49.3 | 57.4 | 46.6 | 44.7 | 42.7 | 44.8 | 38.2 | 38.8 | 39.2 | 44.4 | 37.0 | 39.1 | 42.7 | 41.4 | 36.8 | 36.3 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (36.3) | (12.4) | (34.1) | (30.8) | (33.4) | (35.0) | (31.8) | (32.4) | (32.4) | (40.8) | (36.4) | (33.6) | (42.6) | (42.5) | (40.0) | (37.1) | (29.9) | (30.2) | (25.9) | (17.6) | (16.2) | - | (13.0) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | 2.9 | 2.2 | 2.0 | 2.2 | 1.6 | 0.6 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Interest Expense | 3.0 | 2.8 | 1.9 | 0.9 | 0.5 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | 0.0 | 0.0 | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.6) | 1.3 | 0.5 | 1.0 | 7.3 | (3.0) | (1.5) | 2.8 | 4.2 | 4.2 | 8.1 | 12.1 | (6.4) | 25.4 | (10.9) | 54.1 | (25.3) | ||||||||
| Pre-Tax Income | (37.0) | (11.0) | (33.6) | (29.8) | (26.1) | (38.0) | (33.3) | (29.6) | (28.2) | (36.6) | (28.3) | (21.5) | (49.1) | (17.1) | (50.9) | 17.0 | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | (0.0) | (5.2) | 0.0 | 0.1 | (2.4) | 0.0 | 0.1 | 0.0 | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (37.0) | (11.0) | (28.4) | (29.8) | (26.2) | (35.6) | (33.3) | (29.6) | (28.2) | (36.6) | (28.3) | (21.5) | (49.1) | (17.0) | (50.9) | 17.0 | (55.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (37.0) | (11.0) | (28.4) | (29.8) | (26.2) | (35.6) | (33.3) | (29.6) | (28.2) | (36.6) | (28.3) | (21.5) | (49.1) | (17.0) | (50.9) | 17.0 | (55.3) | ||||||||
| Net Income Attributable To Parent | (16.4) | (4.8) | (12.4) | (13.0) | (11.4) | (12.4) | (11.7) | (10.4) | (9.8) | (12.6) | (9.7) | (7.0) | (13.1) | (4.4) | (13.2) | 4.5 | |||||||||
| Less: Minority Interest | (20.6) | - | - | - | (14.9) | - | - | - | (18.4) | - | - | - | (36.0) | - | - | - | (40.9) | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (16.3) | (4.8) | (12.3) | (12.9) | (11.3) | (12.3) | (11.6) | (10.3) | (9.8) | (12.5) | (9.7) | (7.0) | (12.9) | (4.4) | (13.1) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.12) | - | (0.09) | (0.10) | (0.09) | - | (0.11) | (0.10) | (0.09) | - | (0.09) | (0.08) | (0.18) | - | (0.19) | 0.06 | (0.21) | - | 0.09 | - | - | - | - | - | - |
| EPS Diluted | (0.12) | - | (0.09) | (0.10) | (0.09) | - | (0.11) | (0.10) | (0.09) | - | (0.09) | (0.08) | (0.18) | - | (0.19) | 0.06 | (0.21) | - | |||||||
| Shares Basic | 138.6 | - | 134.7 | 134.2 | 132.5 | - | 106.9 | 106.3 | 105.4 | - | 103.4 | 86.0 | 71.7 | - | 69.3 | 69.3 | 68.7 | - | |||||||
| Shares Diluted | 137.9 | - | - | - | 131.8 | - | 106.2 | 105.6 | 104.7 | - | 102.7 | 85.3 | 71.0 | - | 68.6 | 69.3 | 68.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (36.3) | (12.4) | (34.1) | (30.8) | (33.4) | (35.0) | (31.8) | (32.4) | (32.4) | (40.8) | (36.4) | (33.6) | (42.6) | (42.5) | (40.0) | (37.1) | (29.9) | (30.2) | (25.9) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | 176.9 | 141.1 | 143.0 | 126.7 | 71.1 | 34.1 |
| Depreciation & Amortization | - | - | - | - | - | - | - |
| Amortization of Intangibles | 5.5 | 6.3 | 10.2 | 11.6 | 11.6 | 10.2 | 8.2 |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 198.0 | 191.4 | 160.9 | 163.1 | 143.9 | 83.0 | 48.8 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.2 | 10.1 | 2.6 | 18.0 | 43.3 | 32.1 | 10.6 |
| Pre-Tax Income | (111.4) | (100.6) | (129.0) | (135.4) | (106.2) | (57.8) | - |
| (47.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (106.2) | (95.4) | (126.7) | (135.5) | (106.2) | (57.8) | (47.8) |
| Net Income Attributable To Parent | (46.6) | (41.6) | (44.3) | (42.4) | (27.6) | (5.9) | 0.0 |
| Less: Minority Interest | - | (53.9) | (82.4) | (93.0) | (78.7) | (51.9) | (47.8) |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (46.4) | (41.4) | (44.0) | (42.1) | (27.3) | (5.8) | 0.0 |
| Shares Basic | 138.6 | 134.2 | 107.4 | 91.3 | 69.4 | 68.7 | - |
| Shares Diluted | 137.9 | 133.5 | 106.7 | 90.6 | 68.5 | 68.0 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.9 |
| 20.9 |
| 13.3 |
| 12.0 |
| - |
| 8.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.0 |
| 3.0 |
| 2.1 |
| 2.1 |
| - |
| 2.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 29.3 |
| 28.3 |
| 24.3 |
| 15.9 |
| 14.5 |
| - |
| 10.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.2) |
| 49.5 |
| (0.9) |
| (0.4) |
| - |
| 5.5 |
| - |
| - |
| (55.3) |
| (46.3) |
| 23.6 |
| (18.4) |
| (16.6) |
| - |
| - |
| - |
| - |
| (46.3) |
| 23.6 |
| (18.4) |
| (16.6) |
| (15.5) |
| (7.5) |
| (10.4) |
| (14.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (46.3) |
| 23.6 |
| (18.4) |
| (16.6) |
| (15.5) |
| (7.5) |
| (10.4) |
| (14.4) |
| (14.4) |
| 44.7 |
| 6.1 |
| (25.8) |
| (30.9) |
| 32.3 |
| (7.5) |
| (10.4) |
| (14.4) |
| 17.5 |
| - |
| (16.6) |
| - |
| (7.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.4 |
| (14.2) |
| 44.8 |
| 6.1 |
| (25.8) |
| (30.9) |
| 32.3 |
| (7.5) |
| (10.4) |
| (14.4) |
| 0.09 |
| - |
| - |
| - |
| - |
| - |
| - |
| 68.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| 68.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.6) |
| (16.2) |
| - |
| (13.0) |
| - |
| - |