| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||
| Revenues | 215.4 | 243.8 | 239.5 | 200.5 | 184.7 | 201.3 | 186.0 | 172.8 | 154.6 | 168.4 | 160.3 | 134.2 | 119.1 | 128.3 | 117.2 | 107.0 | ||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 899.1 | 868.5 | 714.7 | 582.0 | 437.9 | 305.4 | 159.7 | 6.0 |
| Cost of Revenue | 210.9 | 198.3 | 156.8 | 121.2 | 83.5 | 55.5 | 27.7 | 1.6 |
| Gross Profit | 688.2 | 670.1 | 557.9 | 460.8 | 354.4 | 249.9 | 132.0 | 4.4 |
| Operating Expenses | ||||||||
| Research & Development | 224.4 | 189.6 | 145.8 | 76.1 | 70.9 | 30.4 | 19.4 | 69.6 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | 189.5 | 208.5 | 190.8 | 192.0 | 120.2 | 87.5 | 17.0 | (145.9) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | 14.0 | 14.6 | 17.5 | 23.8 | 18.8 | 24.2 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 52.0 | 56.4 | 46.3 | 44.5 | (76.8) | 2.8 | - | - |
| Net Income From Continuing Ops | 145.6 | 158.7 | 145.5 | 128.9 | 181.5 | |||
| Per Share | ||||||||
| EPS Basic | 2.52 | 2.76 | 2.56 | 2.17 | 3.07 | 0.60 | (2.48) | (24.07) |
| EPS Diluted | 2.48 | 2.71 | 2.51 | 2.13 | 2.97 | 0.58 | ||
| Supplementary Data | ||||||||
| EBITDA | - | - | 191.1 | 192.5 | 120.6 | 87.9 | 17.4 | (145.5) |
| EBIT | 189.5 | 208.5 | 190.8 | 192.0 | 120.2 | 87.5 | ||
| 85.3 |
| 91.2 |
| 80.7 |
| 73.8 |
| 59.7 |
| 56.3 |
| 45.6 |
| 38.0 |
| 19.8 |
| - |
| Cost of Revenue | 44.5 | 68.5 | 59.7 | 38.2 | 32.0 | 54.4 | 42.8 | 32.1 | 27.5 | 43.2 | 32.3 | 25.0 | 20.8 | 26.9 | 23.0 | 18.9 | 14.7 | 17.8 | 14.6 | 12.7 | 10.4 | 9.9 | 7.9 | 6.5 | 3.5 | - |
| Gross Profit | 170.9 | 175.2 | 179.8 | 162.3 | 152.7 | 146.9 | 143.3 | 140.7 | 127.1 | 125.3 | 128.0 | 109.2 | 98.3 | 101.4 | 94.2 | 88.1 | 70.6 | 73.4 | 66.1 | 61.1 | 49.3 | 46.4 | 37.7 | 31.5 | 16.4 | - |
| Operating Expenses | ||||||||||||||||||||||||||
| Research & Development | 69.4 | 49.9 | 55.0 | 50.2 | 34.5 | 34.7 | 25.4 | 63.6 | 22.2 | 30.3 | 17.5 | 15.0 | 13.3 | 10.1 | 40.5 | 12.7 | 7.6 | 7.5 | 11.7 | 6.5 | 4.7 | 7.6 | 4.2 | 4.2 | 3.4 | 4.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Selling & Marketing | 31.7 | 29.2 | 29.5 | 30.1 | 30.7 | 27.6 | 27.6 | 28.5 | 27.2 | 26.9 | 23.4 | 24.5 | 22.6 | 21.1 | 20.5 | 20.2 | 17.6 | |||||||||
| General & Administrative | 32.5 | 57.6 | 29.8 | 33.9 | 31.2 | 28.9 | 28.6 | 27.2 | 25.7 | 27.9 | 22.5 | 22.8 | 22.1 | 22.6 | 21.3 | 22.2 | 17.9 | |||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.2 | - | - | - | 0.1 | - | - | - | ||||||||||
| Amortization of Intangibles | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 5.1 | |||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Total Operating Expenses | 133.6 | 136.7 | 114.3 | 114.2 | 96.5 | 91.1 | 81.6 | 119.3 | 75.1 | 85.1 | 63.5 | 62.3 | 57.9 | 53.8 | 82.3 | 55.0 | ||||||||||
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | 37.3 | 38.6 | 65.5 | 48.2 | 56.2 | 55.7 | 61.7 | 21.4 | 52.0 | 40.2 | 64.5 | 46.9 | 40.4 | 47.6 | 11.9 | 33.1 | 27.6 | 28.6 | 21.1 | 23.3 | 14.5 | 8.9 | 10.4 | 7.3 | (9.6) | (29.8) |
| Non-Operating | ||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | 3.4 | 2.7 | - | - | 0.8 | 0.3 | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 3.2 | 3.5 | 3.6 | 3.6 | 3.8 | 4.2 | 4.3 | 4.4 | 4.5 | 4.8 | 7.0 | 6.2 | 5.7 | 5.4 | 4.9 | 4.2 | 4.2 | 4.3 | ||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | (0.1) | (0.1) | (0.1) | (0.2) | (0.3) | 0.2 | (0.1) | 0.0 | (0.1) | 0.2 | (0.0) | (0.0) | 0.0 | 0.1 | 0.1 | 0.0 | (0.0) | |||||||||
| Pre-Tax Income | 39.7 | 40.8 | 67.5 | 49.6 | 57.2 | 56.2 | 62.2 | 21.7 | 51.8 | 39.7 | 51.8 | 44.1 | 37.8 | 44.1 | 8.0 | 29.2 | 23.4 | |||||||||
| Tax & Net | ||||||||||||||||||||||||||
| Income Tax Expense | 7.2 | 18.3 | 16.6 | 9.9 | 11.6 | 6.7 | 16.1 | 10.1 | 13.5 | 13.1 | 13.4 | 9.8 | 8.3 | (4.4) | (80.0) | 5.7 | 1.9 | - | (0.9) | 2.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | 32.5 | 22.5 | 50.9 | 39.8 | 45.6 | 49.5 | 46.1 | 11.6 | 38.3 | 26.6 | 38.5 | 34.3 | 29.5 | 48.5 | 87.9 | 23.5 | 21.5 | |||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income | 32.5 | 22.5 | 50.9 | 39.8 | 45.6 | 49.5 | 46.1 | 11.6 | 38.3 | 26.6 | 38.5 | 34.3 | 29.5 | 48.5 | 87.9 | 23.5 | 21.5 | |||||||||
| Net Income Attributable To Parent | 32.5 | 22.5 | 50.9 | 39.8 | 45.6 | 49.5 | 46.1 | 11.6 | 38.3 | 26.6 | 38.5 | 34.3 | 29.5 | 48.5 | 87.9 | 23.5 | ||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income To Common Shareholders | 32.5 | 22.5 | 50.9 | 39.8 | 45.6 | 49.5 | 46.1 | 11.6 | 38.3 | 26.6 | 38.5 | 34.3 | 29.5 | 48.5 | 87.9 | |||||||||||
| Per Share | ||||||||||||||||||||||||||
| EPS Basic | 0.56 | - | 0.88 | 0.69 | 0.79 | - | 0.81 | 0.20 | 0.68 | - | 0.64 | 0.57 | 0.49 | - | 1.48 | 0.40 | 0.36 | - | (0.17) | 0.25 | 0.13 | - | (0.14) | (1.34) | (6.30) | (5.26) |
| EPS Diluted | 0.55 | - | 0.87 | 0.68 | 0.78 | - | 0.79 | 0.20 | 0.67 | - | 0.63 | 0.56 | 0.48 | - | 1.44 | 0.39 | 0.35 | - | ||||||||
| Shares Basic | 57.8 | - | 57.6 | 57.5 | 57.3 | - | 56.9 | 56.8 | 56.8 | - | 59.9 | 60.0 | 59.7 | - | 59.2 | 59.1 | 58.9 | - | ||||||||
| Shares Diluted | 58.8 | - | 58.7 | 58.4 | 58.5 | - | 58.1 | 57.5 | 57.6 | - | 60.7 | 60.7 | 61.2 | - | 61.2 | 60.9 | 60.6 | - | ||||||||
| Supplementary Data | ||||||||||||||||||||||||||
| EBITDA | 37.3 | - | - | - | 56.3 | - | - | - | 52.2 | - | - | - | 40.5 | - | - | - | 27.7 | - | - | - | 14.6 | - | - | - | (9.5) | - |
| EBIT | 37.3 | 38.6 | 65.5 | 48.2 | 56.2 | 55.7 | 61.7 | 21.4 | 52.0 | 40.2 | 64.5 | 46.9 | 40.4 | 47.6 | 11.9 | 33.1 | 27.6 | 28.6 | 21.1 | |||||||
| - |
| - |
| - |
| Selling & Marketing | 120.5 | 119.5 | 110.9 | 97.4 | 79.3 | 68.1 | 55.8 | 44.3 |
| General & Administrative | 153.8 | 152.5 | 110.4 | 95.3 | 84.0 | 63.9 | 39.7 | 36.4 |
| Depreciation & Amortization | - | - | 0.3 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 |
| Amortization of Intangibles | 23.8 | 23.8 | 23.8 | 23.8 | 23.0 | 18.4 | 9.8 | 2.8 |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 498.7 | 461.6 | 367.1 | 268.8 | 234.2 | 162.4 | 115.0 | 150.3 |
| 28.6 |
| 7.4 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.5) | (0.7) | (0.1) | 0.2 | 0.2 | 0.0 | (3.1) | - |
| Pre-Tax Income | 197.6 | 215.1 | 191.8 | 173.4 | 104.7 | 37.4 | (36.9) | (152.0) |
| 34.6 |
| (36.9) |
| (152.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | 145.6 | 158.7 | 145.5 | 128.9 | 181.5 | 34.6 | (36.9) | (152.0) |
| Net Income Attributable To Parent | 145.6 | 158.7 | 145.5 | 128.9 | 181.5 | 34.6 | (36.9) | (152.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | 26.9 | 35.2 |
| Net Income To Common Shareholders | 145.6 | 158.7 | 145.5 | 128.9 | 181.5 | 34.6 | (63.8) | (187.2) |
| (2.48) |
| (24.07) |
| Shares Basic | 57.8 | 57.5 | 56.9 | 59.5 | 59.2 | 57.5 | 25.8 | 7.8 |
| Shares Diluted | 58.8 | 58.5 | 57.9 | 60.4 | 61.1 | 59.2 | 25.8 | 7.8 |
| 17.0 |
| (145.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.1 |
| 16.5 |
| 17.0 |
| 15.5 |
| 17.5 |
| 12.6 |
| 12.4 |
| 13.3 |
| 12.9 |
| 18.2 |
| 16.9 |
| 14.3 |
| 14.5 |
| 12.3 |
| 10.5 |
| 7.6 |
| 9.3 |
| 12.6 |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| 4.6 |
| 4.6 |
| 4.6 |
| 4.6 |
| 4.3 |
| 1.9 |
| 1.9 |
| 1.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 43.0 |
| 44.8 |
| 45.1 |
| 37.8 |
| 34.7 |
| 37.5 |
| 27.3 |
| 24.2 |
| 26.0 |
| 29.8 |
| 5.5 |
| 7.3 |
| 7.2 |
| - |
| 7.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.0) |
| - |
| (1.5) |
| (0.4) |
| - |
| - |
| 24.5 |
| (10.5) |
| 16.1 |
| 7.4 |
| (0.2) |
| 1.9 |
| (0.0) |
| (38.6) |
| (31.9) |
| 22.7 |
| (9.6) |
| 14.1 |
| 7.4 |
| (0.2) |
| 1.9 |
| (0.0) |
| (38.6) |
| (31.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.7 |
| (9.6) |
| 14.1 |
| 7.4 |
| (0.2) |
| 1.9 |
| (0.0) |
| (38.6) |
| (31.9) |
| 21.5 |
| 22.7 |
| (9.6) |
| 14.1 |
| 7.4 |
| (0.2) |
| 1.9 |
| (0.0) |
| (38.6) |
| (31.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 6.0 |
| 10.4 |
| 10.4 |
| 9.0 |
| 23.5 |
| 21.5 |
| 22.7 |
| (9.6) |
| 14.1 |
| 7.4 |
| (0.2) |
| (4.1) |
| (10.5) |
| (49.1) |
| (40.9) |
| (0.17) |
| 0.24 |
| 0.13 |
| - |
| (0.14) |
| (1.34) |
| (6.30) |
| (5.26) |
| 57.7 |
| 56.9 |
| 56.9 |
| - |
| 30.2 |
| 7.8 |
| 7.8 |
| 7.8 |
| 57.7 |
| 58.6 |
| 58.8 |
| - |
| 30.2 |
| 7.8 |
| 7.8 |
| 7.8 |
| 23.3 |
| 14.5 |
| 8.9 |
| 10.4 |
| 7.3 |
| (9.6) |
| (29.8) |