| (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 | Q3 FY 19 | Q2 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||
| Revenues | 608.1 | 617.8 | 599.0 | 544.8 | 586.0 | 481.1 | 401.6 | 315.6 | 278.2 | 246.6 | 226.7 | 207.9 | 190.8 | 167.2 | 144.8 | 113.6 | |||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 2,369.7 | 2,347.6 | 1,476.5 | 872.0 | 526.9 | 271.9 | 148.8 | 82.6 |
| Cost of Revenue | 670.3 | 614.3 | 303.4 | 157.1 | 118.2 | 67.4 | 39.3 | 38.0 |
| Gross Profit | 1,699.5 | 1,733.4 | 1,173.1 | 714.9 | 408.7 | 204.5 | 109.5 | 44.6 |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (30.6) | 105.6 | 61.9 | (29.5) | (68.7) | (115.0) | (15.1) | (74.4) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | 3.0 | - |
| Interest Expense | - | - | - | - | - | 0.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | (24.9) | (4.4) | (54.3) | 2.0 | (0.0) | (3.1) | 0.1 | 0.1 |
| Net Income From Continuing Ops | (13.2) | 128.4 | 126.0 | (23.5) | (65.7) | |||
| Per Share | ||||||||
| EPS Basic | (0.06) | 0.57 | 0.58 | (0.11) | (0.32) | (0.58) | (0.51) | (2.07) |
| EPS Diluted | (0.06) | 0.51 | 0.53 | (0.11) | (0.32) | (0.58) | ||
| Supplementary Data | ||||||||
| EBITDA | - | 160.1 | 79.0 | (19.9) | (61.2) | (111.0) | (14.1) | (74.2) |
| EBIT | (30.6) | 105.6 | 61.9 | (29.5) | (68.7) | (115.0) | ||
| 101.3 |
| 84.7 |
| 74.2 |
| 60.7 |
| 52.3 |
| 41.5 |
| 41.3 |
| 35.9 |
| 30.1 |
| - |
| - |
| Cost of Revenue | 211.3 | 173.4 | 156.9 | 128.6 | 155.3 | 111.6 | 83.7 | 59.0 | 49.1 | 42.6 | 39.4 | 37.8 | 37.3 | 34.9 | 30.4 | 26.4 | 26.6 | 22.6 | 19.3 | 13.4 | 12.1 | 9.6 | 10.0 | 10.2 | 9.4 | - | - |
| Gross Profit | 396.8 | 444.4 | 442.1 | 416.2 | 430.7 | 369.5 | 317.9 | 256.6 | 229.1 | 204.1 | 187.3 | 170.2 | 153.4 | 132.3 | 114.5 | 87.2 | 74.8 | 62.1 | 54.9 | 47.3 | 40.2 | 31.9 | 31.3 | 25.7 | 20.6 | - | - |
| Operating Expenses | |||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46.9 | |||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| General & Administrative | 109.7 | 76.2 | 80.7 | 67.3 | 48.6 | 48.0 | 44.6 | 40.6 | 34.6 | 32.3 | 35.9 | 31.1 | 30.5 | 27.6 | 26.2 | 22.6 | 21.8 | ||||||||||
| Depreciation & Amortization | 22.0 | - | - | - | 8.3 | - | - | - | 3.0 | - | - | - | 2.1 | - | - | - | |||||||||||
| Amortization of Intangibles | 12.5 | 9.6 | 9.2 | 2.8 | 2.1 | 1.4 | 0.9 | 0.8 | 0.7 | 0.7 | 0.8 | 1.0 | 1.0 | 1.0 | 1.0 | 1.1 | 1.0 | ||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Total Operating Expenses | 475.1 | 435.2 | 430.3 | 389.5 | 372.8 | 350.9 | 295.5 | 245.6 | 219.2 | 204.5 | 195.9 | 179.4 | 164.7 | 143.9 | 134.4 | 107.4 | |||||||||||
| Operating Income | |||||||||||||||||||||||||||
| Operating Income | (78.3) | 9.2 | 11.8 | 26.7 | 57.9 | 18.6 | 22.4 | 11.0 | 9.9 | (0.4) | (8.6) | (9.2) | (11.3) | (11.6) | (20.0) | (20.2) | (16.9) | (21.6) | (27.7) | (17.4) | (48.4) | (4.6) | (3.3) | (1.0) | (6.2) | (0.4) | (0.0) |
| Non-Operating | |||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 1.6 | 0.9 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | |||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Other Non-Operating Income | (23.2) | 9.2 | 0.4 | 6.1 | 2.6 | 3.7 | 1.2 | 2.4 | 2.5 | 2.6 | 1.6 | 2.1 | 1.6 | 0.6 | 1.1 | 0.5 | 0.8 | ||||||||||
| Pre-Tax Income | (101.6) | 18.4 | 12.2 | 32.9 | 60.5 | 22.3 | 23.6 | 13.4 | 12.4 | 2.2 | (6.9) | (7.2) | (9.7) | (11.0) | (18.9) | (19.7) | |||||||||||
| Tax & Net | |||||||||||||||||||||||||||
| Income Tax Expense | (9.4) | (2.2) | (3.6) | (9.7) | 11.0 | (3.7) | (52.0) | 0.1 | 1.3 | 1.0 | 0.7 | (0.0) | 0.4 | (0.1) | (0.0) | 0.0 | 0.1 | (0.1) | (3.2) | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Net Income From Continuing Ops | (92.1) | 20.6 | 15.8 | 42.5 | 49.5 | 26.0 | 75.6 | 13.3 | 11.1 | 1.2 | (7.6) | (7.2) | (10.1) | (10.9) | (18.8) | (19.7) | (16.3) | ||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Net Income | (92.1) | 20.6 | 15.8 | 42.5 | 49.5 | 26.0 | 75.6 | 13.3 | 11.1 | 1.2 | (7.6) | (7.2) | (10.1) | (10.9) | (18.8) | (19.7) | (16.3) | ||||||||||
| Net Income Attributable To Parent | (92.1) | 20.6 | 15.8 | 42.5 | 49.5 | 26.0 | 75.6 | 13.3 | 11.1 | 1.2 | (7.6) | (7.2) | (10.1) | (10.9) | (18.8) | (19.7) | |||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Net Income To Common Shareholders | (92.1) | 20.6 | 15.8 | 42.5 | 49.5 | 26.0 | 75.6 | 13.3 | 11.1 | 1.2 | (7.6) | (7.2) | (10.1) | (10.9) | (18.8) | ||||||||||||
| Per Share | |||||||||||||||||||||||||||
| EPS Basic | (0.40) | - | 0.07 | 0.19 | 0.22 | - | 0.35 | 0.06 | 0.05 | - | (0.04) | (0.03) | (0.05) | - | (0.09) | (0.10) | (0.08) | - | (0.08) | (0.05) | (0.34) | - | (0.16) | (0.03) | (0.17) | - | - |
| EPS Diluted | (0.40) | - | 0.06 | 0.17 | 0.20 | - | 0.32 | 0.06 | 0.05 | - | (0.04) | (0.03) | (0.05) | - | (0.09) | (0.10) | (0.08) | - | |||||||||
| Shares Basic | 228.4 | - | 226.3 | 224.4 | 222.0 | - | 216.6 | 214.6 | 213.5 | - | 210.1 | 208.4 | 207.1 | - | 205.2 | 203.9 | 202.7 | - | |||||||||
| Shares Diluted | 228.4 | - | 248.7 | 256.8 | 246.6 | - | 235.1 | 234.8 | 229.4 | - | 210.1 | 208.4 | 207.1 | - | 205.2 | 203.9 | 202.7 | - | |||||||||
| Supplementary Data | |||||||||||||||||||||||||||
| EBITDA | (56.4) | - | - | - | 66.2 | - | - | - | 12.9 | - | - | - | (9.1) | - | - | - | (15.2) | - | - | - | (48.0) | - | - | - | (6.0) | - | - |
| EBIT | (78.3) | 9.2 | 11.8 | 26.7 | 57.9 | 18.6 | 22.4 | 11.0 | 9.9 | (0.4) | (8.6) | (9.2) | (11.3) | (11.6) | (20.0) | (20.2) | (16.9) | (21.6) | (27.7) | ||||||||
| 183.6 |
| 65.6 |
| 55.9 |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 333.8 | 272.7 | 167.8 | 129.9 | 98.2 | 113.7 | 26.0 | - |
| Depreciation & Amortization | - | 54.5 | 17.1 | 9.5 | 7.5 | 4.1 | 1.1 | 0.3 |
| Amortization of Intangibles | 34.1 | 23.7 | 3.8 | 3.5 | 4.1 | 2.1 | 0.1 | 0.1 |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 1,730.1 | 1,627.8 | 1,111.2 | 744.4 | 477.4 | 319.5 | 124.6 | 119.0 |
| 0.0 |
| 0.4 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (7.5) | 18.3 | 9.8 | 7.9 | 3.0 | 4.2 | (2.8) | 2.4 |
| Pre-Tax Income | (38.1) | 123.9 | 71.7 | (21.6) | (65.7) | (110.8) | (18.0) | (72.0) |
| (107.7) |
| (18.1) |
| (72.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (13.2) | 128.4 | 126.0 | (23.5) | (65.7) | (107.7) | (18.1) | (72.1) |
| Net Income Attributable To Parent | (13.2) | 128.4 | 126.0 | (23.5) | (65.7) | (107.7) | (18.1) | (72.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (13.2) | 128.4 | 126.0 | (23.5) | (65.7) | (107.7) | (18.1) | (72.1) |
| (0.51) |
| (2.07) |
| Shares Basic | 228.4 | 225.0 | 215.9 | 209.3 | 204.5 | 186.8 | 35.4 | 34.8 |
| Shares Diluted | 228.4 | 258.2 | 236.8 | 209.3 | 204.5 | 186.8 | 35.4 | 34.8 |
| (15.1) |
| (74.4) |
| 43.6 |
| 41.0 |
| 44.2 |
| 36.7 |
| 61.7 |
| 17.2 |
| 19.5 |
| 14.8 |
| 14.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.2 |
| - |
| - |
| 23.3 |
| 2.3 |
| 0.1 |
| 0.2 |
| 0.4 |
| 0.0 |
| 1.7 |
| - |
| - |
| - |
| 0.4 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| 0.9 |
| 1.0 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 91.7 |
| 83.7 |
| 82.5 |
| 64.7 |
| 88.7 |
| 36.5 |
| 34.6 |
| 26.6 |
| 26.8 |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.7) |
| 8.5 |
| 8.3 |
| (2.9) |
| (0.6) |
| (2.5) |
| 0.0 |
| 0.2 |
| 0.9 |
| - |
| (16.2) |
| (31.2) |
| (19.1) |
| (9.1) |
| (51.3) |
| (5.2) |
| (5.8) |
| (0.9) |
| (6.0) |
| - |
| - |
| (31.2) |
| (15.9) |
| (9.2) |
| (51.4) |
| (5.2) |
| (5.9) |
| (1.0) |
| (6.0) |
| 0.4 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (31.2) |
| (15.9) |
| (9.2) |
| (51.4) |
| (5.2) |
| (5.9) |
| (1.0) |
| (6.0) |
| 0.4 |
| (0.0) |
| (16.3) |
| (31.2) |
| (15.9) |
| (9.2) |
| (51.4) |
| (5.2) |
| (5.9) |
| (1.0) |
| (6.0) |
| 0.4 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.7) |
| (16.3) |
| (31.2) |
| (15.9) |
| (9.2) |
| (51.4) |
| (5.2) |
| (5.9) |
| (1.0) |
| (6.0) |
| 0.4 |
| (0.0) |
| (0.08) |
| (0.05) |
| (0.34) |
| - |
| (0.16) |
| (0.03) |
| (0.17) |
| - |
| - |
| 200.0 |
| 191.9 |
| 153.1 |
| - |
| 35.6 |
| 35.3 |
| 34.6 |
| - |
| - |
| 200.0 |
| 191.9 |
| 153.1 |
| - |
| 35.6 |
| 35.3 |
| 34.6 |
| - |
| - |
| (17.4) |
| (48.4) |
| (4.6) |
| (3.3) |
| (1.0) |
| (6.2) |
| (0.4) |
| (0.0) |