| (in millions of USD, except per-share data) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||
| Revenues | 90.6 | 115.3 | 121.4 | 93.1 | 91.7 | 83.7 | 89.2 | 70.5 | 74.1 | 93.5 | 100.1 | 77.5 | 83.4 | 111.3 | 128.2 | 90.1 | ||||||||||||
| (in millions of USD, except per-share data) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 420.5 | 335.2 | 345.2 | 413.0 | 330.2 | 176.8 | 111.2 |
| Cost of Revenue | - | - | - | - | - | 166.4 | 105.3 |
| Gross Profit | - | - | - | - | - | 10.4 | 5.9 |
| Operating Expenses | |||||||
| Research & Development | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (15.6) | (23.5) | (23.3) | (26.8) | (16.1) | (1.3) | (4.0) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | 0.0 | 0.1 | 0.1 |
| Tax & Net | |||||||
| Income Tax Expense | 0.1 | (1.0) | 0.1 | (0.1) | (3.2) | (0.0) | (0.0) |
| Net Income From Continuing Ops | (20.3) | (21.6) | (24.0) | (27.6) | (12.5) | (1.3) | |
| Per Share | |||||||
| EPS Basic | (0.72) | (1.07) | (1.47) | (1.73) | (0.88) | (0.12) | - |
| EPS Diluted | (0.72) | (1.07) | (1.47) | (1.73) | (0.88) | (0.12) | - |
| Supplementary Data | |||||||
| EBITDA | (9.7) | (18.0) | (17.3) | (21.4) | (13.4) | (1.1) | (3.9) |
| EBIT | (15.6) | (23.5) | (23.3) | (26.8) | (16.1) | (1.3) | (4.0) |
| 95.5 |
| 100.9 |
| 84.2 |
| 49.6 |
| 53.4 |
| 55.8 |
| 38.7 |
| 28.8 |
| - |
| 32.1 |
| 27.8 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46.5 | 50.4 | 52.9 | 36.4 | 26.8 | - | 30.3 | 26.0 | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.2 | 3.1 | 3.0 | 2.3 | 2.1 | - | 1.8 | 1.8 | - |
| Operating Expenses | ||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | 0.1 | 0.1 | - | - | 0.1 | 0.1 | - | ||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| General & Administrative | 8.2 | 8.3 | 8.0 | 8.6 | 8.2 | 8.1 | 8.3 | 9.0 | 7.0 | 9.8 | 9.9 | 9.3 | 8.5 | 11.5 | 12.4 | 10.9 | 8.6 | |||||||||||
| Depreciation & Amortization | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 1.3 | 1.3 | 1.5 | 1.5 | 1.6 | 1.5 | 1.4 | 1.5 | 1.4 | 1.3 | 1.1 | ||||||||||||
| Amortization of Intangibles | - | 1.4 | 1.4 | 1.4 | - | 1.1 | 1.2 | 1.4 | - | 1.3 | 1.4 | 1.2 | - | 1.2 | 1.2 | 1.0 | - | |||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Total Operating Expenses | - | - | - | - | - | 91.5 | 92.8 | 76.2 | 82.2 | 98.9 | 104.3 | 83.1 | 93.4 | 117.2 | 133.5 | 95.7 | ||||||||||||
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | (4.7) | (4.0) | (2.4) | (4.4) | (6.4) | (7.8) | (3.6) | (5.7) | (8.1) | (5.4) | (4.2) | (5.5) | (10.0) | (5.9) | (5.3) | (5.6) | (4.2) | (3.7) | (4.7) | (3.4) | (1.3) | (0.1) | 0.2 | (0.0) | - | (0.2) | (1.0) | - |
| Non-Operating | ||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Other Non-Operating Income | (2.0) | (0.3) | (1.2) | (1.2) | (0.9) | (0.3) | 2.3 | (0.3) | (0.2) | (0.1) | (0.1) | (0.1) | (0.2) | (0.1) | (0.2) | (0.3) | 0.2 | |||||||||||
| Pre-Tax Income | (6.7) | (4.3) | (3.5) | (5.6) | (7.3) | (8.1) | (1.3) | (5.9) | (8.3) | (5.5) | (4.3) | (5.7) | (10.2) | (6.0) | (5.5) | (6.0) | ||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||
| Income Tax Expense | (0.0) | 0.0 | 0.1 | 0.0 | (1.1) | 0.0 | (0.0) | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | (0.2) | 0.0 | 0.2 | 0.0 | (0.4) | (0.2) | (2.6) | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | - | - | (0.0) | - |
| Net Income From Continuing Ops | (6.7) | (4.4) | (3.6) | (5.6) | (6.2) | (8.1) | (1.3) | (5.9) | (8.4) | (5.5) | (4.3) | (5.7) | (9.9) | (6.0) | (5.7) | (6.0) | (3.6) | |||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Net Income | (6.7) | (4.4) | (3.6) | (5.6) | (6.2) | (8.1) | (1.3) | (5.9) | (8.4) | (5.5) | (4.3) | (5.7) | (9.9) | (6.0) | (5.7) | (6.0) | (3.6) | |||||||||||
| Net Income Attributable To Parent | (6.7) | (4.4) | (3.6) | (5.6) | (6.2) | (8.1) | (1.3) | (5.9) | (8.4) | (5.5) | (4.3) | (5.7) | (9.9) | (6.0) | (5.7) | (6.0) | ||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Net Income To Common Shareholders | (6.7) | (4.4) | (3.6) | (5.6) | (6.2) | (8.1) | (1.3) | (5.9) | (8.4) | (5.5) | (4.3) | (5.7) | (9.9) | (6.0) | (5.7) | |||||||||||||
| Per Share | ||||||||||||||||||||||||||||
| EPS Basic | - | (0.15) | (0.13) | (0.24) | - | (0.40) | (0.07) | (0.31) | - | (0.34) | (0.27) | (0.36) | - | (0.38) | (0.35) | (0.37) | - | (0.24) | (0.15) | (0.25) | - | (0.02) | 0.02 | - | - | - | (0.11) | - |
| EPS Diluted | - | (0.15) | (0.13) | (0.24) | - | (0.40) | (0.07) | (0.31) | - | (0.34) | (0.27) | (0.36) | - | (0.38) | (0.35) | (0.37) | - | (0.24) | ||||||||||
| Shares Basic | - | 29.6 | 27.5 | 23.4 | - | 20.4 | 19.8 | 19.2 | - | 16.1 | 16.0 | 16.0 | - | 15.8 | 16.0 | 16.3 | - | 14.3 | ||||||||||
| Shares Diluted | - | 29.6 | 27.5 | 23.4 | - | 20.4 | 19.8 | 19.2 | - | 16.1 | 16.0 | 16.0 | - | 15.8 | 16.0 | 16.3 | - | 14.3 | ||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||
| EBITDA | (3.3) | (2.6) | (0.9) | (3.0) | (5.0) | (6.5) | (2.3) | (4.2) | (6.6) | (3.8) | (2.7) | (4.2) | (8.5) | (4.5) | (3.9) | (4.6) | (3.3) | (2.8) | (4.0) | (3.3) | (1.3) | (0.1) | 0.2 | 0.0 | - | (0.2) | (1.0) | - |
| EBIT | (4.7) | (4.0) | (2.4) | (4.4) | (6.4) | (7.8) | (3.6) | (5.7) | (8.1) | (5.4) | (4.2) | (5.5) | (10.0) | (5.9) | (5.3) | (5.6) | (4.2) | (3.7) | (4.7) | |||||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 33.1 | 33.6 | 36.1 | 43.2 | 32.7 | 10.3 | 9.6 |
| Depreciation & Amortization | 5.8 | 5.4 | 5.9 | 5.3 | 2.7 | 0.2 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | 368.5 | 439.7 | 346.3 | 178.1 | 9.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (4.6) | 0.9 | (0.6) | (0.9) | 0.4 | (0.1) | (0.1) |
| Pre-Tax Income | (20.2) | (22.6) | (23.8) | (27.7) | (15.7) | (1.3) | (4.1) |
| (4.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (20.3) | (21.6) | (24.0) | (27.6) | (12.5) | (1.3) | (4.1) |
| Net Income Attributable To Parent | (20.3) | (21.6) | (24.0) | (27.6) | (12.5) | (1.3) | (4.1) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (20.3) | (21.6) | (24.0) | (27.6) | (12.5) | (1.3) | (4.1) |
| Shares Basic | 28.2 | 20.2 | 16.3 | 16.0 | 14.3 | 11.4 | - |
| Shares Diluted | 28.2 | 20.2 | 16.3 | 16.0 | 14.3 | 11.4 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.6 |
| 8.7 |
| 5.8 |
| 3.7 |
| 2.9 |
| 2.0 |
| 1.8 |
| - |
| 1.9 |
| 2.7 |
| - |
| 1.0 |
| 0.9 |
| 0.7 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| 0.9 |
| 0.7 |
| 0.1 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 99.7 |
| 104.6 |
| 88.9 |
| 53.1 |
| 81.5 |
| 56.0 |
| 38.5 |
| 2.1 |
| - |
| 2.0 |
| 2.8 |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.1 |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| (0.0) |
| (0.0) |
| - |
| (4.1) |
| (3.6) |
| (4.7) |
| (3.4) |
| (1.3) |
| (0.2) |
| 0.2 |
| (0.0) |
| - |
| (0.2) |
| (1.1) |
| - |
| (3.4) |
| (2.1) |
| (3.4) |
| (1.3) |
| (0.2) |
| 0.2 |
| (0.0) |
| (1.3) |
| (0.2) |
| (1.0) |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.4) |
| (2.1) |
| (3.4) |
| (1.3) |
| (0.2) |
| 0.2 |
| (0.0) |
| (1.3) |
| (0.2) |
| (1.0) |
| (1.5) |
| (3.6) |
| (3.4) |
| (2.1) |
| (3.4) |
| (1.3) |
| (0.2) |
| 0.2 |
| (0.0) |
| (1.3) |
| (0.2) |
| (1.0) |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.0) |
| (1.0) |
| (3.4) |
| (2.1) |
| (6.0) |
| (1.3) |
| (0.2) |
| 0.2 |
| (0.0) |
| (1.3) |
| (0.2) |
| (1.0) |
| (1.5) |
| (0.15) |
| (0.25) |
| - |
| (0.02) |
| 0.02 |
| - |
| - |
| - |
| (0.11) |
| - |
| 14.0 |
| 13.5 |
| - |
| 12.2 |
| 10.0 |
| - |
| - |
| - |
| 9.8 |
| - |
| 14.0 |
| 13.5 |
| - |
| 12.2 |
| 10.0 |
| - |
| - |
| - |
| 9.8 |
| - |
| (3.4) |
| (1.3) |
| (0.1) |
| 0.2 |
| (0.0) |
| - |
| (0.2) |
| (1.0) |
| - |