| (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 | Q3 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||
| Revenues | 104.1 | 106.2 | 104.2 | 101.1 | 100.4 | 100.3 | 87.4 | 83.0 | 79.8 | 78.1 | 77.4 | 77.3 | 80.1 | 80.6 | 81.2 | 77.3 | ||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 415.5 | 411.8 | 350.6 | 312.9 | 310.5 | 211.3 | 111.3 | 118.3 | 91.9 |
| Cost of Revenue | 273.9 | 269.5 | 223.6 | 199.8 | 189.9 | 123.6 | 69.7 | 70.1 | 52.6 |
| Gross Profit | 141.6 | 142.3 | 127.0 | 113.1 | 120.6 | 87.7 | 41.6 | 48.2 | 39.3 |
| Operating Expenses | |||||||||
| Research & Development | 23.3 | 23.7 | 18.3 | 14.7 | 15.8 | 8.5 | 9.3 | 4.3 | 2.6 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (3.5) | (1.9) | (2.1) | (5.6) | (21.0) | 0.1 | (15.4) | 15.6 | 13.8 |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | 4.7 | - |
| Interest Expense | - | - | - | - | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 7.5 | 6.0 | 7.0 | 6.6 | 8.8 | 5.2 | (2.6) | 4.6 | 3.9 |
| Net Income From Continuing Ops | 5.3 | 9.7 | 4.0 | (1.8) | |||||
| Per Share | |||||||||
| EPS Basic | 0.06 | 0.11 | 0.05 | (0.02) | (0.42) | (0.13) | (0.28) | 0.49 | 0.46 |
| EPS Diluted | 0.06 | 0.11 | 0.05 | (0.02) | (0.42) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | 17.8 | 12.1 | 3.3 | (14.4) | 5.1 | (12.8) | 17.9 | 15.1 |
| EBIT | (3.5) | (1.9) | (2.1) | (5.6) | (21.0) | ||||
| 71.4 |
| 66.5 |
| 57.9 |
| 47.7 |
| 39.1 |
| 30.1 |
| 26.3 |
| 22.4 |
| 32.5 |
| 32.0 |
| 31.4 |
| 28.6 |
| 26.3 |
| - |
| Cost of Revenue | 67.9 | 70.0 | 69.5 | 66.6 | 63.4 | 63.2 | 54.7 | 53.5 | 52.2 | 50.0 | 49.3 | 49.0 | 51.5 | 48.3 | 48.5 | 48.5 | 44.6 | 39.2 | 32.7 | 27.9 | 23.8 | 17.9 | 15.2 | 14.0 | 22.6 | 19.3 | 17.6 | 17.2 | 15.9 | - |
| Gross Profit | 36.2 | 36.1 | 34.7 | 34.5 | 37.0 | 37.0 | 32.7 | 29.6 | 27.7 | 28.1 | 28.2 | 28.3 | 28.6 | 32.3 | 32.7 | 28.9 | 26.8 | 27.3 | 25.3 | 19.8 | 15.3 | 12.3 | 11.2 | 8.4 | 9.8 | 12.7 | 13.8 | 11.4 | 10.3 | - |
| Operating Expenses | ||||||||||||||||||||||||||||||
| Research & Development | 6.1 | 4.7 | 5.8 | 6.7 | 6.5 | 5.4 | 4.4 | 4.1 | 4.4 | 3.9 | 3.4 | 3.3 | 4.2 | 4.7 | 4.1 | 3.8 | 3.1 | 2.8 | 2.1 | 1.8 | 1.8 | 2.1 | 2.1 | 2.6 | 2.5 | 1.1 | 1.1 | 0.7 | 1.5 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Selling & Marketing | 7.7 | 7.3 | 7.3 | 7.1 | 8.3 | 7.2 | 6.8 | 7.3 | 7.3 | 6.4 | 6.1 | 6.0 | 5.6 | 5.4 | 5.1 | 5.1 | 4.2 | |||||||||||||
| General & Administrative | 26.1 | 23.6 | 21.9 | 20.8 | 24.3 | 23.2 | 19.3 | 18.1 | 21.5 | 18.9 | 18.5 | 17.7 | 24.7 | 27.8 | 28.2 | 30.7 | 19.3 | |||||||||||||
| Depreciation & Amortization | 5.2 | - | - | - | 4.7 | - | - | - | 2.9 | - | - | - | 1.6 | - | - | - | ||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Total Operating Expenses | 39.9 | 35.6 | 35.0 | 34.6 | 39.0 | 35.8 | 30.6 | 29.5 | 33.2 | 29.2 | 28.0 | 27.0 | 34.6 | 37.9 | 37.4 | 39.7 | ||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (3.7) | 0.5 | (0.2) | (0.1) | (2.0) | 1.3 | 2.1 | 0.0 | (5.5) | (1.1) | 0.1 | 1.3 | (6.0) | (5.6) | (4.8) | (10.8) | 0.2 | (1.5) | 2.0 | 1.4 | (1.8) | (3.6) | (1.7) | (3.2) | (7.0) | 5.5 | 5.6 | 4.8 | (0.3) | (0.0) |
| Non-Operating | ||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Non-Operating Income | 3.2 | 2.3 | 3.4 | 7.4 | 4.5 | 4.5 | 3.5 | 2.7 | 2.5 | 2.6 | 3.2 | 3.0 | 1.7 | 0.4 | 1.5 | (0.6) | (0.7) | |||||||||||||
| Pre-Tax Income | (0.4) | 2.8 | 3.1 | 7.3 | 2.5 | 5.8 | 5.6 | 2.7 | (3.0) | 1.5 | 3.3 | 4.3 | (4.3) | (5.2) | (3.3) | (11.5) | (0.5) | |||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||
| Income Tax Expense | 1.0 | 2.5 | 1.9 | 2.0 | (0.4) | 1.2 | 1.3 | 3.5 | 0.9 | (1.4) | 2.6 | 1.7 | 3.7 | 1.5 | 3.4 | 1.7 | 2.2 | 0.6 | 2.6 | 2.8 | (0.8) | 1.0 | (0.1) | (0.8) | (2.7) | 2.0 | 1.0 | 1.4 | 0.2 | - |
| Net Income From Continuing Ops | (1.5) | 0.3 | 1.2 | 5.3 | 2.9 | 4.5 | 4.3 | (0.8) | (3.9) | 2.9 | 0.7 | 2.6 | (8.0) | (6.7) | (6.7) | (13.2) | (2.7) | |||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income | (1.5) | 0.3 | 1.2 | 5.3 | 2.9 | 4.5 | 4.3 | (0.8) | (3.9) | 2.9 | 0.7 | 2.6 | (8.0) | (6.7) | (6.7) | (13.2) | (2.7) | |||||||||||||
| Net Income Attributable To Parent | (1.5) | 0.3 | 1.2 | 5.3 | 2.9 | 4.5 | 4.3 | (0.8) | (3.9) | 2.9 | 0.7 | 2.6 | (8.0) | (6.7) | (6.7) | (13.2) | ||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income To Common Shareholders | (1.5) | 0.3 | 1.2 | 5.3 | 2.9 | 4.5 | 4.3 | (0.8) | (3.9) | 2.9 | 0.7 | 2.6 | (8.0) | (6.7) | (6.7) | |||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||
| EPS Basic | (0.02) | - | 0.01 | 0.06 | 0.03 | - | 0.06 | (0.01) | (0.05) | - | 0.01 | 0.03 | (0.11) | - | (0.10) | (0.20) | (0.04) | - | (0.01) | (0.03) | (0.04) | - | (0.02) | (0.04) | (0.16) | - | 0.20 | 0.17 | 0.04 | - |
| EPS Diluted | (0.02) | - | 0.01 | 0.06 | 0.03 | - | 0.05 | (0.01) | (0.05) | - | 0.01 | 0.03 | (0.11) | - | (0.10) | (0.20) | (0.04) | - | ||||||||||||
| Shares Basic | 84.7 | - | 84.7 | 84.6 | 84.1 | - | 76.7 | 76.6 | 76.2 | - | 75.5 | 75.1 | 74.5 | - | 68.6 | 67.1 | 66.9 | - | ||||||||||||
| Shares Diluted | 84.7 | - | 85.8 | 86.4 | 87.8 | - | 78.8 | 76.6 | 76.2 | - | 77.3 | 76.9 | 74.5 | - | 68.6 | 67.1 | 66.9 | - | ||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||
| EBITDA | 1.5 | - | - | - | 2.7 | - | - | - | (2.6) | - | - | - | (4.3) | - | - | - | 1.8 | - | - | - | (0.8) | - | - | - | (6.4) | - | - | - | 0.2 | - |
| EBIT | (3.7) | 0.5 | (0.2) | (0.1) | (2.0) | 1.3 | 2.1 | 0.0 | (5.5) | (1.1) | 0.1 | 1.3 | (6.0) | (5.6) | (4.8) | (10.8) | 0.2 | (1.5) | 2.0 | |||||||||||
| - |
| - |
| 37.7 |
| 21.3 |
| 17.6 |
| Selling & Marketing | 29.5 | 30.0 | 28.6 | 24.2 | 19.8 | 14.5 | 10.1 | 6.9 | 5.2 |
| General & Administrative | 92.4 | 90.5 | 82.1 | 79.8 | 106.0 | 64.8 | 37.7 | 21.3 | - |
| Depreciation & Amortization | - | 19.7 | 14.2 | 8.9 | 6.6 | 5.0 | 2.7 | 2.3 | 1.3 |
| Amortization of Intangibles | - | 7.5 | 5.0 | 3.7 | 2.5 | 2.0 | 0.1 | 0.1 | 0.2 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 145.1 | 144.2 | 129.1 | 118.7 | 141.6 | 87.7 | 57.1 | 32.6 | 25.5 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 16.3 | 17.6 | 13.2 | 10.4 | 0.6 | (2.5) | 0.2 | (0.2) | (0.7) |
| Pre-Tax Income | 12.8 | 15.7 | 11.1 | 4.8 | (20.5) | (2.5) | (15.2) | 15.4 | 13.1 |
| (29.2) |
| (7.7) |
| (12.6) |
| 10.8 |
| 9.2 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | 5.3 | 9.7 | 4.0 | (1.8) | (29.2) | (7.7) | (12.6) | 10.8 | 9.2 |
| Net Income Attributable To Parent | 5.3 | 9.7 | 4.0 | (1.8) | (29.2) | (7.7) | (12.6) | 10.8 | 9.2 |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 5.3 | 9.7 | 4.0 | (1.8) | (29.2) | (7.7) | (12.6) | 10.4 | 9.2 |
| (0.13) |
| (0.28) |
| 0.49 |
| 0.46 |
| Shares Basic | 84.7 | 84.5 | 77.5 | 75.2 | 69.2 | 58.7 | 44.7 | 21.1 | 0.0 |
| Shares Diluted | 84.7 | 86.9 | 80.0 | 75.2 | 69.2 | 58.7 | 44.7 | 21.1 | 0.0 |
| 0.1 |
| (15.4) |
| 15.6 |
| 13.8 |
| - |
| - |
| - |
| 13.8 |
| 12.3 |
| 11.1 |
| 8.5 |
| 7.4 |
| 10.7 |
| 5.8 |
| 5.4 |
| 4.2 |
| 6.0 |
| 0.0 |
| 4.5 |
| 4.1 |
| 2.8 |
| 3.0 |
| 2.6 |
| 2.2 |
| 1.6 |
| 3.6 |
| 1.7 |
| 1.8 |
| 1.8 |
| 1.7 |
| - |
| 21.6 |
| 17.1 |
| 13.8 |
| 12.3 |
| - |
| 8.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.6 |
| - |
| - |
| - |
| 0.9 |
| - |
| - |
| - |
| 0.6 |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.6 |
| 28.9 |
| 23.3 |
| 18.4 |
| 17.1 |
| 15.8 |
| 12.8 |
| 11.6 |
| 16.9 |
| 8.5 |
| 8.2 |
| 6.6 |
| 9.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.5) |
| 0.1 |
| (0.1) |
| (1.1) |
| (0.2) |
| 0.5 |
| 0.2 |
| (0.2) |
| (0.0) |
| (0.1) |
| 0.1 |
| (0.2) |
| - |
| (3.0) |
| 2.1 |
| 1.3 |
| (2.8) |
| (3.7) |
| (1.2) |
| (3.0) |
| (7.3) |
| 4.1 |
| 5.5 |
| 4.9 |
| 0.9 |
| - |
| (3.6) |
| (0.5) |
| (1.5) |
| (2.1) |
| (11.8) |
| (1.1) |
| (2.2) |
| 2.4 |
| 10.1 |
| 0.3 |
| 0.8 |
| (0.3) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.0) |
| - |
| - |
| - |
| 1.1 |
| - |
| (3.6) |
| (0.5) |
| (1.5) |
| (2.1) |
| (4.7) |
| (1.1) |
| (2.2) |
| (4.6) |
| 9.1 |
| 0.3 |
| 0.8 |
| 0.7 |
| (0.0) |
| (2.7) |
| (3.6) |
| (0.5) |
| (1.5) |
| (2.1) |
| (4.7) |
| (1.1) |
| (2.2) |
| (4.6) |
| 2.1 |
| 4.5 |
| 3.5 |
| 0.7 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.2) |
| (2.7) |
| (3.6) |
| (0.5) |
| (1.5) |
| (2.1) |
| (4.7) |
| (1.1) |
| (2.2) |
| (4.6) |
| 2.0 |
| 4.2 |
| 3.5 |
| 0.7 |
| (0.0) |
| (0.01) |
| (0.03) |
| (0.04) |
| - |
| (0.02) |
| (0.04) |
| (0.16) |
| - |
| 0.20 |
| 0.16 |
| 0.04 |
| - |
| 62.6 |
| 54.4 |
| 51.6 |
| - |
| 49.7 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 62.6 |
| 54.4 |
| 51.6 |
| - |
| 49.7 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 1.4 |
| (1.8) |
| (3.6) |
| (1.7) |
| (3.2) |
| (7.0) |
| 5.5 |
| 5.6 |
| 4.8 |
| (0.3) |
| (0.0) |