| (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 | 1.3 | 1.4 | 1.7 | 1.9 | 1.6 | 1.9 | 3.1 | 6.8 | 1.9 | 1.7 | 1.9 | 0.9 | 59.0 | 44.4 | 15.0 | 18.5 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||
| Revenues | 6.3 | 6.6 | 13.6 | 63.5 | 96.3 | 55.8 | 31.4 | 10.7 | 4.7 | 4.1 | 4.4 | 2.4 | - | 1.0 | 2.7 | 1.2 | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| Operating Expenses | |||||||||||||||||||
| Research & Development | 103.4 | 107.8 | 135.0 | 172.6 | 320.5 | 215.5 | 125.6 | 87.8 | 56.0 | 34.4 | 26.5 | 19.9 | 16.4 | 12.0 | 12.0 | ||||
| Operating Income | |||||||||||||||||||
| Operating Income | (139.4) | (147.7) | (210.3) | (190.5) | (308.4) | (217.0) | (128.1) | (100.7) | (67.1) | (42.1) | (32.0) | (27.8) | (24.9) | (17.7) | |||||
| Non-Operating | |||||||||||||||||||
| Interest Income | 9.6 | 11.1 | 17.3 | 17.2 | 5.8 | 1.3 | 2.4 | 4.3 | 2.2 | 0.6 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||
| Tax & Net | |||||||||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | ||||
| Per Share | |||||||||||||||||||
| EPS Basic | (1.08) | (1.15) | (1.64) | (1.64) | (2.91) | (2.24) | (2.10) | - | - | - | - | - | - | - | - | - | |||
| Supplementary Data | |||||||||||||||||||
| EBITDA | - | (134.8) | (191.3) | (172.2) | (294.6) | (211.1) | (125.0) | (98.5) | (65.9) | (41.2) | (31.1) | (27.1) | (24.4) | (17.1) | (13.0) | (12.6) | |||
| 18.4 |
| 17.1 |
| 14.2 |
| 13.4 |
| 11.1 |
| 15.9 |
| 7.6 |
| 5.5 |
| 2.5 |
| 2.8 |
| 2.4 |
| 2.8 |
| 2.6 |
| 1.7 |
| 1.0 |
| 1.0 |
| 1.0 |
| - |
| 1.0 |
| 1.0 |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 24.7 | 25.4 | 25.8 | 27.4 | 29.1 | 33.6 | 34.7 | 34.6 | 32.1 | 31.8 | 34.3 | 40.9 | 65.6 | 87.2 | 79.8 | 81.3 | 72.1 | 69.5 | 53.1 | 48.0 | 44.9 | 39.0 | 30.7 | 26.7 | 29.3 | 25.2 | 23.2 | 21.6 | 17.7 | 14.1 | 13.6 | 16.8 | 11.5 | 9.9 | 8.6 | 7.9 | 8.0 | 6.2 | 6.8 | 6.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 9.6 | 10.7 | 10.6 | 11.4 | 13.8 | 15.3 | 20.8 | 17.3 | 20.9 | 17.9 | 18.9 | 22.6 | 21.9 | 21.6 | 21.6 | 20.4 | 20.7 | |||||||||||||||||||||||
| Depreciation & Amortization | 2.9 | - | - | - | 3.3 | - | - | - | 4.8 | - | - | - | 4.2 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 34.3 | 36.1 | 36.5 | 38.9 | 42.9 | 63.6 | 55.5 | 51.9 | 53.0 | 49.8 | 53.2 | 63.5 | 87.6 | 108.8 | 101.4 | 101.7 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (33.0) | (34.7) | (34.7) | (37.0) | (41.3) | (61.7) | (52.4) | (45.1) | (51.1) | (48.1) | (51.3) | (62.6) | (28.6) | (64.4) | (86.4) | (83.1) | (74.5) | (69.4) | (54.6) | (46.8) | (46.2) | (33.4) | (31.5) | (28.7) | (34.5) | (29.1) | (27.1) | (24.1) | (20.4) | (16.7) | (16.7) | (19.6) | (14.1) | (12.2) | (10.3) | (9.6) | (10.0) | (7.7) | (8.4) | (8.0) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 1.9 | 2.2 | 2.6 | 2.9 | 3.3 | 3.9 | 4.4 | 4.8 | 4.1 | 4.4 | 4.7 | 4.4 | 3.7 | 2.9 | 1.8 | 0.8 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | 0.6 | 1.0 | 1.3 | 0.9 | 1.0 | 1.1 | 1.1 | 0.3 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 1.8 | 2.3 | 2.5 | 2.9 | 3.7 | 9.6 | 4.7 | 6.7 | 3.1 | 4.0 | 6.1 | 9.8 | 9.7 | 8.1 | 2.8 | 7.0 | 8.8 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (31.2) | (32.4) | (32.3) | (34.1) | (37.6) | (52.2) | (47.7) | (38.4) | (48.0) | (44.1) | (45.2) | (52.8) | (18.9) | (56.4) | (83.6) | (76.1) | (65.7) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (31.2) | (32.4) | (32.3) | (34.1) | (37.6) | (52.2) | (47.7) | (38.4) | (48.0) | (44.1) | (45.2) | (52.8) | (18.9) | (56.4) | (83.6) | (76.1) | (65.7) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (31.2) | (32.4) | (32.3) | (34.1) | (37.6) | (52.2) | (47.7) | (38.4) | (48.0) | (44.1) | (45.2) | (52.8) | (18.9) | (56.4) | (83.6) | (76.1) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (31.2) | (32.4) | (32.3) | (34.1) | (37.6) | (52.2) | (47.7) | (38.4) | (48.0) | (44.1) | (45.2) | (52.8) | (18.9) | (56.4) | (83.6) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.26) | - | (0.27) | (0.29) | (0.32) | - | (0.40) | (0.33) | (0.47) | - | (0.46) | (0.54) | (0.19) | - | (0.86) | (0.79) | (0.68) | - | (0.45) | (0.58) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.26) | - | (0.27) | (0.29) | (0.32) | - | (0.40) | (0.33) | (0.47) | - | (0.46) | (0.54) | (0.19) | - | (0.86) | (0.79) | (0.68) | - | ||||||||||||||||||||||
| Shares Basic | 120.0 | - | 119.0 | 118.5 | 118.4 | - | 117.8 | 117.5 | 101.1 | - | 98.6 | 98.4 | 98.1 | - | 97.0 | 96.7 | 96.3 | - | ||||||||||||||||||||||
| Shares Diluted | 120.0 | - | 119.0 | 118.5 | 118.4 | - | 117.8 | 117.5 | 101.1 | - | 98.6 | 98.4 | 98.1 | - | 97.0 | 96.7 | 96.3 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (30.1) | - | - | - | (37.9) | - | - | - | (46.2) | - | - | - | (24.4) | - | - | - | (71.7) | - | - | - | (45.3) | - | - | - | (33.8) | - | - | - | (20.0) | - | - | - | (13.8) | - | - | - | (9.8) | - | - | - |
| EBIT | (33.0) | (34.7) | (34.7) | (37.0) | (41.3) | (61.7) | (52.4) | (45.1) | (51.1) | (48.1) | (51.3) | (62.6) | (28.6) | (64.4) | (86.4) | (83.1) | (74.5) | (69.4) | (54.6) | |||||||||||||||||||||
| - |
| - |
| - |
| 9.9 |
| - |
| - |
| - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 42.3 | 46.5 | 74.2 | 81.4 | 84.2 | 57.3 | 33.9 | 23.6 | 15.8 | 11.9 | 9.9 | 10.4 | 8.5 | 6.6 | 4.2 | 4.6 | - | - | - |
| Depreciation & Amortization | - | 12.9 | 19.0 | 18.3 | 13.8 | 5.9 | 3.1 | 2.2 | 1.2 | 1.0 | 0.9 | 0.7 | 0.5 | 0.6 | 0.6 | 0.7 | - | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 145.7 | 154.4 | 223.9 | 254.0 | 404.7 | 272.8 | 159.5 | 111.4 | 71.8 | 46.2 | 36.4 | 30.2 | 24.9 | 18.6 | 16.2 | 14.5 | - | - | - |
| (13.6) |
| (13.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| Interest Expense | - | - | - | - | - | 0.0 | 0.0 | 1.8 | 1.7 | 1.3 | 1.6 | 2.2 | 0.5 | 0.8 | 0.5 | 0.1 | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 9.5 | 11.4 | 24.0 | 29.6 | 26.7 | 4.8 | (45.3) | 2.6 | 0.5 | (0.8) | (1.5) | (2.2) | (1.0) | (3.2) | (0.7) | (0.1) | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| - |
| - |
| - |
| - |
| Net Income From Continuing Ops | (129.9) | (136.3) | (186.3) | (160.9) | (281.7) | (212.2) | (173.4) | (98.1) | (66.6) | (43.0) | (33.5) | (30.0) | (25.9) | (20.9) | (14.2) | (13.4) | (16.2) | (13.3) | (7.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (129.9) | (136.3) | (186.3) | (160.9) | (281.7) | (212.2) | (173.4) | (98.1) | (66.6) | (43.0) | (33.5) | (30.0) | (25.9) | (20.9) | (14.2) | (13.4) | (16.2) | (13.3) | (7.2) |
| Net Income Attributable To Parent | (129.9) | (136.3) | (186.3) | (160.9) | (281.7) | (212.2) | (173.4) | (98.1) | (66.6) | (43.0) | (33.5) | (30.0) | (25.9) | (20.9) | (14.2) | (13.4) | (16.2) | (13.3) | (7.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (129.9) | (136.3) | (186.3) | (160.9) | (281.7) | (212.2) | (173.4) | (98.1) | (66.6) | (43.0) | (33.5) | (30.0) | (25.9) | (20.9) | (14.2) | (13.4) | (16.2) | (13.3) | (7.2) |
| - |
| - |
| - |
| EPS Diluted | (1.08) | (1.15) | (1.64) | (1.64) | (2.91) | (2.24) | (2.10) | - | - | - | - | - | - | - | - | - | - | - | - |
| Shares Basic | 120.0 | 118.8 | 113.7 | 98.4 | 96.8 | 94.7 | 82.4 | - | - | - | - | - | - | - | - | - | - | - | - |
| Shares Diluted | 120.0 | 118.8 | 113.7 | 98.4 | 96.8 | 94.7 | 82.4 | - | - | - | - | - | - | - | - | - | - | - | - |
| - |
| - |
| - |
| EBIT | (139.4) | (147.7) | (210.3) | (190.5) | (308.4) | (217.0) | (128.1) | (100.7) | (67.1) | (42.1) | (32.0) | (27.8) | (24.9) | (17.7) | (13.6) | (13.3) | - | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 16.9 |
| 15.7 |
| 12.2 |
| 12.5 |
| 10.3 |
| 8.4 |
| 7.5 |
| 7.7 |
| 6.7 |
| 6.3 |
| 5.3 |
| 5.4 |
| 4.3 |
| 4.1 |
| 3.8 |
| 3.6 |
| 3.4 |
| 2.8 |
| 2.7 |
| 3.0 |
| 2.5 |
| 2.6 |
| 2.2 |
| 2.8 |
| - |
| - |
| - |
| 1.0 |
| - |
| - |
| - |
| 0.7 |
| - |
| - |
| - |
| 0.4 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 92.9 |
| 86.4 |
| 68.8 |
| 60.2 |
| 57.4 |
| 49.3 |
| 39.0 |
| 34.2 |
| 37.0 |
| 31.9 |
| 29.5 |
| 26.9 |
| 23.1 |
| 18.4 |
| 17.7 |
| 20.6 |
| 15.1 |
| 13.3 |
| 11.4 |
| 10.6 |
| 11.0 |
| 8.7 |
| 9.4 |
| 9.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| 11.3 |
| (8.4) |
| 1.1 |
| (19.7) |
| (27.2) |
| 0.6 |
| 1.0 |
| 0.8 |
| 0.5 |
| 0.6 |
| 0.7 |
| 0.7 |
| (0.1) |
| (0.0) |
| (0.1) |
| (0.3) |
| (0.3) |
| (0.1) |
| (0.2) |
| (0.3) |
| (0.3) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (68.6) |
| (43.3) |
| (55.1) |
| (45.1) |
| (53.1) |
| (58.7) |
| (28.1) |
| (33.5) |
| (28.3) |
| (26.6) |
| (23.5) |
| (19.8) |
| (16.0) |
| (16.8) |
| (19.7) |
| (14.1) |
| (12.5) |
| (10.7) |
| (9.6) |
| (10.1) |
| (7.9) |
| (8.7) |
| (8.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (68.6) |
| (43.3) |
| (55.1) |
| (45.1) |
| (53.1) |
| (58.7) |
| (28.1) |
| (33.5) |
| (28.3) |
| (26.6) |
| (23.5) |
| (19.8) |
| (16.0) |
| (16.8) |
| (19.7) |
| (14.1) |
| (12.5) |
| (10.7) |
| (9.6) |
| (10.1) |
| (7.9) |
| (8.7) |
| (8.4) |
| (65.7) |
| (68.6) |
| (43.3) |
| (55.1) |
| (45.1) |
| (53.1) |
| (58.7) |
| (28.1) |
| (33.5) |
| (28.3) |
| (26.6) |
| (23.5) |
| (19.8) |
| (16.0) |
| (16.8) |
| (19.7) |
| (14.1) |
| (12.5) |
| (10.7) |
| (9.6) |
| (10.1) |
| (7.9) |
| (8.7) |
| (8.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (76.1) |
| (65.7) |
| (68.6) |
| (43.3) |
| (55.1) |
| (45.1) |
| (53.1) |
| (58.7) |
| (28.1) |
| (33.5) |
| (28.3) |
| (26.6) |
| (23.5) |
| (19.8) |
| (16.0) |
| (16.8) |
| (19.7) |
| (14.1) |
| (12.5) |
| (10.7) |
| (9.6) |
| (10.1) |
| (7.9) |
| (8.7) |
| (8.4) |
| (0.45) |
| (0.58) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 95.4 |
| 94.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 95.4 |
| 94.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (46.8) |
| (46.2) |
| (33.4) |
| (31.5) |
| (28.7) |
| (34.5) |
| (29.1) |
| (27.1) |
| (24.1) |
| (20.4) |
| (16.7) |
| (16.7) |
| (19.6) |
| (14.1) |
| (12.2) |
| (10.3) |
| (9.6) |
| (10.0) |
| (7.7) |
| (8.4) |
| (8.0) |