| (in millions of USD, except per-share data) | Q2 FY 26 | 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 | 464.9 | 475.2 | 1,041.9 | 602.5 | 431.6 | 186.8 | 1,228.1 | 483.3 | 623.1 | 364.0 | 673.0 | 536.4 | 698.2 | 310.5 | 442.0 | 239.0 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 2,584.5 | 2,262.8 | 2,698.6 | 2,218.0 | 1,198.6 | 680.8 | 561.3 |
| Cost of Revenue | 2,282.9 | 1,967.0 | 2,357.5 | 2,077.0 | 1,261.0 | 749.9 | 553.4 |
| Gross Profit | 301.7 | 295.8 | 341.1 | 141.0 | (62.4) | (69.1) | 7.9 |
| Operating Expenses | |||||||
| Research & Development | 86.5 | 86.2 | 66.2 | 66.3 | 60.1 | 23.4 | 11.5 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | - | - | - | - | - | - | - |
| Non-Operating | |||||||
| Interest Income | - | 0.5 | 4.4 | 3.4 | - | - | - |
| Interest Expense | - | 0.5 | 4.1 | 2.4 | 2.0 | 1.4 | 0.1 |
| Tax & Net | |||||||
| Income Tax Expense | 20.3 | 22.9 | 9.2 | 4.5 | 1.4 | 1.8 | 6.4 |
| Net Income From Continuing Ops | (60.9) | (68.0) | 30.4 | (104.8) | (289.2) | (162.0) | |
| Per Share | |||||||
| EPS Basic | (0.32) | (0.37) | 0.18 | (0.60) | (1.50) | - | - |
| EPS Diluted | (0.32) | (0.37) | 0.13 | (0.60) | (1.50) | - | - |
| Supplementary Data | |||||||
| EBITDA | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - |
| 342.7 |
| 174.9 |
| 188.2 |
| 278.2 |
| 98.1 |
| 116.2 |
| Cost of Revenue | 418.3 | 452.2 | 899.0 | 513.4 | 389.0 | 165.6 | 1,070.7 | 400.3 | 559.0 | 327.6 | 596.7 | 514.5 | 667.4 | 298.4 | 431.2 | 244.2 | 357.5 | 228.0 | 248.2 | 293.2 | 97.1 | 111.4 |
| Gross Profit | 46.6 | 23.0 | 142.9 | 89.1 | 42.6 | 21.2 | 157.5 | 83.0 | 64.2 | 36.4 | 76.3 | 21.8 | 30.8 | 12.0 | 10.7 | (5.2) | (14.7) | (53.1) | (60.0) | (15.0) | 1.0 | 4.8 |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 21.1 | 18.5 | 20.9 | 26.0 | 22.1 | 17.2 | 18.4 | 15.0 | 17.4 | 15.4 | 14.7 | 9.9 | 22.6 | 19.2 | 17.9 | 18.1 | 13.3 | 10.8 | 6.2 | 4.7 | 8.4 | 4.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 23.3 | 22.0 | 20.3 | 19.8 | 21.2 | 18.2 | 22.6 | 14.8 | 15.8 | 10.7 | 11.8 | 10.1 | 10.4 | 8.8 | 9.6 | 8.4 | 6.2 | |||||
| General & Administrative | 37.2 | 41.8 | 49.3 | 35.6 | 41.4 | 36.7 | 46.1 | 45.1 | 44.1 | 37.7 | 35.1 | 38.1 | 31.8 | 31.3 | 32.9 | 27.3 | 25.2 | |||||
| Depreciation & Amortization | 4.3 | 8.8 | 18.3 | 3.6 | 2.9 | 4.5 | 5.5 | 3.6 | 2.5 | 2.9 | 3.3 | 2.3 | 2.7 | 2.4 | 2.2 | 2.0 | ||||||
| Amortization of Intangibles | 3.6 | 3.4 | 3.7 | 3.8 | 2.9 | 2.3 | 3.3 | 2.2 | 1.7 | 1.9 | 1.8 | 1.9 | 1.4 | 1.5 | 1.5 | 1.3 | 0.9 | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | 0.5 | - | - | - | 1.2 | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 0.5 | - | - | - | 1.1 | (1.1) | 1.5 | 1.1 | 0.8 | 0.1 | 0.6 | 0.7 | 0.7 | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | 14.3 | (6.0) | - | - | 1.5 | (5.8) | 6.9 | (0.6) | (0.2) | 1.2 | (1.9) | 0.7 | (3.0) | 11.1 | (4.7) | (0.2) | 1.1 | |||||
| Pre-Tax Income | (27.7) | (70.5) | 46.1 | 11.5 | (43.9) | (58.7) | 75.6 | 5.3 | (14.5) | (26.8) | 11.4 | (36.4) | (37.5) | (37.8) | (54.3) | (61.8) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 1.5 | (7.9) | 22.0 | 4.6 | (2.0) | (1.7) | 7.9 | 4.2 | (1.7) | (1.2) | 6.6 | (1.3) | (0.1) | (0.6) | 1.9 | (1.0) | 0.1 | 0.4 | (1.0) | 1.7 | 0.5 | 0.7 |
| Net Income From Continuing Ops | (29.2) | (62.6) | 24.1 | 6.9 | (41.9) | (57.0) | 67.7 | 1.1 | (12.9) | (25.6) | 4.8 | (35.0) | (37.4) | (37.2) | (56.2) | (60.8) | (60.7) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (29.2) | (62.6) | 24.1 | 6.9 | (41.9) | (57.0) | 67.7 | 1.1 | (12.9) | (25.6) | 4.8 | (35.0) | (37.4) | (37.2) | (56.2) | (60.8) | (60.7) | |||||
| Net Income Attributable To Parent | (20.9) | (45.1) | 17.9 | 6.3 | (31.0) | (41.5) | 47.8 | 0.8 | (9.2) | (16.7) | 3.3 | (23.4) | (24.9) | (24.6) | (37.1) | (19.3) | ||||||
| Less: Minority Interest | (8.3) | (17.5) | 6.1 | 0.6 | (10.9) | (15.5) | 19.9 | 0.3 | (3.7) | (8.8) | 1.6 | (11.7) | (12.5) | (12.6) | (19.0) | (41.5) | (41.5) | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (20.9) | (45.1) | 17.9 | 6.3 | (31.0) | (41.5) | 47.8 | 0.8 | (9.2) | (16.7) | 3.3 | (23.4) | (24.9) | (24.6) | (37.1) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.16) | (0.34) | - | 0.05 | (0.24) | (0.32) | - | 0.01 | (0.07) | (0.14) | - | (0.20) | (0.21) | (0.21) | - | (0.35) | (0.35) | (0.53) | - | - | - | - |
| EPS Diluted | (0.16) | (0.34) | - | 0.01 | (0.24) | (0.32) | - | 0.00 | (0.07) | (0.14) | - | (0.20) | (0.21) | (0.21) | - | (0.35) | (0.35) | (0.53) | ||||
| Shares Basic | 132.5 | 131.5 | - | 130.7 | 130.0 | 129.5 | - | 127.9 | 126.8 | 121.1 | - | 117.5 | 116.3 | 115.4 | - | 55.6 | 54.1 | 54.1 | ||||
| Shares Diluted | 132.5 | 131.5 | - | 183.6 | 130.0 | 129.5 | - | 184.2 | 126.8 | 121.1 | - | 117.5 | 116.3 | 115.4 | - | 55.6 | 54.1 | 54.1 | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| - |
| Selling & Marketing | 85.4 | 79.5 | 63.8 | 41.1 | 37.2 | 22.6 | 16.2 |
| General & Administrative | 164.0 | 163.1 | 173.0 | 136.3 | 116.7 | 38.2 | 17.9 |
| Depreciation & Amortization | 35.0 | 29.3 | 14.5 | 10.7 | 7.1 | 5.1 | 3.0 |
| Amortization of Intangibles | 14.5 | 12.7 | 9.1 | 6.6 | 4.6 | 3.6 | 2.5 |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | 5.4 | 7.3 | 7.0 | (4.6) | (0.3) | 0.6 |
| Pre-Tax Income | (40.6) | (45.1) | 39.6 | (100.3) | (287.8) | (160.2) | (40.3) |
| (46.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (60.9) | (68.0) | 30.4 | (104.8) | (289.2) | (162.0) | (46.7) |
| Net Income Attributable To Parent | (41.8) | (48.3) | 22.7 | (69.6) | (104.5) | 0.0 | 0.0 |
| Less: Minority Interest | (19.1) | (19.7) | 7.7 | (35.2) | (184.7) | (162.0) | (46.7) |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (41.8) | (48.3) | 22.7 | (69.6) | (104.5) | 0.0 | 0.0 |
| Shares Basic | 132.5 | 130.3 | 126.2 | 116.4 | 69.7 | - | - |
| Shares Diluted | 132.5 | 130.3 | 184.0 | 116.4 | 69.7 | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.1 |
| 5.9 |
| 6.8 |
| 5.2 |
| 4.7 |
| 31.2 |
| 13.9 |
| 9.2 |
| 8.3 |
| 6.7 |
| 1.5 |
| 1.4 |
| 1.6 |
| 1.3 |
| 1.2 |
| 1.1 |
| 0.9 |
| 1.0 |
| 0.9 |
| 0.9 |
| 0.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| (0.8) |
| (0.1) |
| 0.3 |
| (0.7) |
| 0.2 |
| (60.6) |
| (111.1) |
| (88.2) |
| (37.1) |
| (23.0) |
| (11.8) |
| (111.5) |
| (87.2) |
| (38.8) |
| (23.5) |
| (12.5) |
| - |
| - |
| - |
| - |
| - |
| (111.5) |
| (87.2) |
| (38.8) |
| (23.5) |
| (12.5) |
| (19.2) |
| (28.8) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (82.7) |
| (87.2) |
| (38.8) |
| (23.5) |
| (12.5) |
| - |
| - |
| - |
| - |
| - |
| (19.3) |
| (19.2) |
| (28.8) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |