| (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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 80.9 | 57.7 | 30.8 | 15.5 | 55.9 | - | 22.4 | 21.1 | - |
| Cost of Revenue | 63.4 | 41.7 | 22.3 | 11.6 | 53.6 | - | 14.6 | 18.1 | - |
| Gross Profit | 17.5 | 16.0 | 8.5 | 4.0 | 2.2 | - | 7.8 | 3.0 | - |
| Operating Expenses | |||||||||
| Research & Development | 67.5 | 57.6 | 48.8 | 45.8 | 48.0 | - | 29.9 | 39.5 | - |
| Selling General & Administrative | 45.6 | 44.0 | 21.9 | 12.6 | |||||
| Operating Income | |||||||||
| Operating Income | (95.7) | (85.6) | (62.2) | (54.4) | (58.5) | - | (34.2) | (48.9) | - |
| Non-Operating | |||||||||
| Interest Income | 6.0 | - | - | - | 1.0 | - | - | - | - |
| Interest Expense | 3.6 | (0.0) | 2.8 | 6.9 | 6.2 | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 0.1 | (37.1) | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (96.7) | (41.1) | (133.4) | (63.8) | |||||
| Per Share | |||||||||
| EPS Basic | (0.61) | - | (1.50) | (5.78) | (5.38) | - | (3.57) | (4.60) | - |
| EPS Diluted | (0.61) | - | (1.50) | (5.78) | (5.38) | ||||
| Supplementary Data | |||||||||
| EBITDA | (79.7) | (74.9) | (57.6) | (50.5) | (54.5) | - | (30.7) | (47.4) | - |
| EBIT | (95.7) | (85.6) | (62.2) | (54.4) | (58.5) | ||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenues | ||||
| Revenues | 184.9 | 159.9 | 60.8 | 55.2 |
| Cost of Revenue | 139.0 | 129.2 | 72.2 | 28.6 |
| Gross Profit | 45.9 | 30.7 | (11.4) | 26.6 |
| Operating Expenses | ||||
| Research & Development | 219.6 | 200.1 | 149.5 | 117.9 |
| Selling General & Administrative | 124.1 | 91.2 | 46.8 | 40.6 |
| Selling & Marketing | - | - | - | |
| Operating Income | ||||
| Operating Income | (297.8) | (260.7) | (209.5) | (131.9) |
| Non-Operating | ||||
| Interest Income | - | 18.2 | 2.6 | 2.9 |
| Interest Expense | 13.3 | 15.9 | 25.2 | 9.2 |
| Income From Equity Investments | - | - | - | |
| Tax & Net | ||||
| Income Tax Expense | (37.1) | (37.1) | 0.0 | 0.0 |
| Net Income From Continuing Ops | (334.9) | (298.3) | (231.1) | (135.5) |
| Net Income From Discontinued Ops | - | - | - | |
| Per Share | ||||
| EPS Basic | (2.24) | (4.83) | (20.74) | (13.05) |
| EPS Diluted | (2.24) | (4.83) | (20.74) | (13.05) |
| Shares Basic | 159.6 | 69.2 | 12.8 | 12.0 |
| Supplementary Data | ||||
| EBITDA | (262.7) | (237.5) | (196.9) | (127.2) |
| EBIT | (297.8) | (260.7) | (209.5) | (131.9) |
| 12.8 |
| - |
| 10.3 |
| 12.3 |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 15.9 | 10.7 | 4.6 | 3.9 | 4.0 | - | 3.5 | 1.5 | - |
| Amortization of Intangibles | 7.2 | - | - | - | 0.0 | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 113.1 | 101.6 | 70.7 | 58.3 | 60.8 | - | 42.0 | 51.9 | - |
| - |
| 6.5 |
| 5.9 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.9) | 7.4 | (71.2) | (9.4) | (1.5) | - | (6.6) | (4.6) | - |
| Pre-Tax Income | (96.6) | (78.2) | (133.4) | (63.8) | (60.1) | - | (40.8) | (53.5) | - |
| (60.1) |
| (84.1) |
| (40.8) |
| (53.5) |
| (52.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (96.7) | (41.1) | (133.4) | (63.8) | (60.1) | (84.1) | (40.8) | (53.5) | (52.8) |
| Net Income Attributable To Parent | (96.7) | (41.1) | (133.4) | (63.8) | (60.1) | (84.1) | (40.8) | (53.5) | (52.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (96.7) | (41.1) | (140.4) | (80.3) | (72.3) | (108.1) | (46.1) | (58.7) | (52.8) |
| - |
| (3.57) |
| (4.60) |
| - |
| Shares Basic | 159.6 | - | 93.8 | 13.9 | 13.4 | - | 12.9 | 12.8 | - |
| Shares Diluted | 159.6 | - | 93.8 | 13.9 | 13.4 | - | 12.9 | 12.8 | - |
| - |
| (34.2) |
| (48.9) |
| - |
| - |
| General & Administrative | - | - | - | - |
| Depreciation & Amortization | 35.1 | 23.2 | 12.5 | 4.7 |
| Amortization of Intangibles | - | 5.8 | 0.0 | 0.0 |
| Other Operating Expenses | - | - | - | - |
| Total Operating Expenses | 343.7 | 291.4 | 198.1 | 158.5 |
| - |
| Other Non-Operating Income | (74.2) | (74.8) | (21.7) | (3.6) |
| Pre-Tax Income | (372.0) | (335.5) | (231.1) | (135.5) |
| - |
| Net Income | (334.9) | (298.3) | (231.1) | (135.5) |
| Net Income Attributable To Parent | (334.9) | (298.3) | (231.1) | (135.5) |
| Less: Minority Interest | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - |
| Net Income To Common Shareholders | (358.4) | (334.0) | (265.8) | (156.3) |
| Shares Diluted | 159.6 | 69.2 | 12.8 | 12.0 |