| (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 | Q2 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||
| Revenues | 6.6 | - | 207.8 | - | - | 7.0 | 0.0 | 0.0 | 0.0 | 3.9 | 8.0 | 3.5 | 7.9 | 4.0 | 29.7 | 5.9 | |||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | - | 218.7 | 7.0 | 23.4 | 50.9 | 27.9 | 19.5 | 0.0 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 339.5 | 314.7 | 294.7 | 129.5 | 89.5 | 58.2 | 39.7 | 34.3 | 31.7 | 12.4 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (183.5) | (159.3) | (327.0) | (134.4) | (62.5) | (50.3) | (35.3) | (44.3) | (36.4) | (14.4) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | 2.3 | 2.0 | 0.2 |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (140.1) | (113.7) | (274.5) | |||||||
| Per Share | ||||||||||
| EPS Basic | (1.58) | (1.28) | (3.36) | (1.96) | (1.42) | (1.41) | (1.40) | - | - | - |
| EPS Diluted | (1.58) | (1.28) | (3.36) | (1.96) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (180.7) | (156.6) | (324.6) | (132.0) | (60.4) | (48.5) | (34.0) | (43.0) | (35.5) | (14.0) |
| EBIT | (183.5) | (159.3) | (327.0) | (134.4) | ||||||
| 11.4 |
| 3.0 |
| 9.0 |
| 8.8 |
| 7.2 |
| - |
| 9.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||
| Research & Development | 95.7 | 86.6 | 83.0 | 74.2 | 70.9 | 140.2 | 57.2 | 54.5 | 42.8 | 38.8 | 33.7 | 29.2 | 27.9 | 24.7 | 22.4 | 22.8 | 19.7 | 16.1 | 15.5 | 15.0 | 11.6 | 12.1 | 10.0 | 8.6 | 9.0 | 8.5 | 8.9 | 8.9 | 8.0 | 12.5 | 6.4 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| General & Administrative | 19.4 | 18.8 | 16.4 | 14.6 | 13.5 | 11.0 | 9.7 | 10.4 | 8.2 | 7.1 | 7.9 | 7.1 | 6.3 | 5.8 | 6.7 | 5.6 | 5.9 | ||||||||||||||
| Depreciation & Amortization | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 | |||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Total Operating Expenses | 115.1 | 105.4 | 99.4 | 88.8 | 84.4 | 151.1 | 66.9 | 64.9 | 51.0 | 45.8 | 41.6 | 36.3 | 34.2 | 30.5 | 29.0 | 28.4 | |||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | (108.5) | (94.6) | 108.5 | (88.8) | (84.4) | (144.1) | (66.9) | (64.9) | (51.0) | (41.9) | (33.5) | (32.7) | (26.3) | (26.4) | 0.7 | (22.5) | (14.2) | (18.4) | (11.7) | (11.1) | (9.1) | (5.3) | (5.0) | (12.6) | (12.5) | (11.3) | (11.6) | (11.2) | (10.1) | (13.6) | (7.6) |
| Non-Operating | |||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.7 | 0.6 | - | 0.6 | 0.6 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Other Non-Operating Income | 10.0 | 11.3 | 10.8 | 11.3 | 12.2 | 13.8 | 15.1 | 12.2 | 11.4 | 8.0 | 6.1 | 4.8 | 2.6 | 2.2 | 1.0 | 0.4 | 0.2 | ||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (98.5) | (83.3) | 119.2 | (77.5) | (72.2) | (130.3) | (51.8) | (52.8) | (39.6) | (34.0) | (27.4) | (27.9) | (23.6) | (24.2) | 1.6 | (22.1) | (14.0) | ||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Net Income | (98.5) | (83.3) | 119.2 | (77.5) | (72.2) | (130.3) | (51.8) | (52.8) | (39.6) | (34.0) | (27.4) | (27.9) | (23.6) | (24.2) | 1.6 | (22.1) | (14.0) | ||||||||||||||
| Net Income Attributable To Parent | (98.5) | (83.3) | 119.2 | (77.5) | (72.2) | (130.3) | (51.8) | (52.8) | (39.6) | (34.0) | (27.4) | (27.9) | (23.6) | (24.2) | 1.6 | (22.1) | |||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Net Income To Common Shareholders | (98.5) | (83.3) | 119.2 | (77.5) | (72.2) | (130.3) | (51.8) | (52.8) | (39.6) | (34.0) | (27.4) | (27.9) | (23.6) | (24.2) | 1.6 | ||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||
| EPS Basic | (1.11) | - | 1.35 | (0.88) | (0.82) | - | (0.60) | (0.68) | (0.53) | - | (0.46) | (0.50) | (0.49) | - | 0.04 | (0.57) | (0.36) | - | (0.31) | (0.33) | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.11) | - | 1.33 | (0.88) | (0.82) | - | (0.60) | (0.68) | (0.53) | - | (0.46) | (0.50) | (0.49) | - | 0.04 | (0.57) | (0.36) | - | |||||||||||||
| Shares Basic | 88.7 | - | 88.5 | 88.5 | 88.4 | - | 86.2 | 78.0 | 75.1 | - | 60.0 | 56.3 | 48.4 | - | 40.3 | 38.7 | 38.6 | - | |||||||||||||
| Shares Diluted | 88.7 | - | 89.7 | 88.5 | 88.4 | - | 86.2 | 78.0 | 75.1 | - | 60.0 | 56.3 | 48.4 | - | 41.1 | 38.7 | 38.6 | - | |||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||
| EBITDA | (107.9) | (93.9) | 109.2 | (88.1) | (83.8) | (143.6) | (66.3) | (64.3) | (50.4) | (41.2) | (32.9) | (32.1) | (25.7) | (25.9) | 1.3 | (22.0) | (13.8) | (17.9) | (11.2) | (10.7) | (8.8) | (4.9) | (4.7) | (12.2) | (12.1) | (11.0) | (11.3) | (10.9) | (9.8) | (13.4) | (7.4) |
| EBIT | (108.5) | (94.6) | 108.5 | (88.8) | (84.4) | (144.1) | (66.9) | (64.9) | (51.0) | (41.9) | (33.5) | (32.7) | (26.3) | (26.4) | 0.7 | (22.5) | (14.2) | (18.4) | (11.7) | ||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 69.2 | 63.3 | 39.3 | 28.3 | 23.9 | 20.1 | 15.2 | 10.0 | 4.7 | 2.1 |
| Depreciation & Amortization | 2.8 | 2.7 | 2.4 | 2.5 | 2.1 | 1.7 | 1.4 | 1.2 | 0.9 | 0.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 408.7 | 378.0 | 334.0 | 157.8 | 113.4 | 78.2 | 54.9 | 44.3 | 36.4 | 14.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 43.4 | 45.6 | 52.5 | 21.5 | 3.8 | 0.5 | 0.8 | 2.3 | 2.1 | 2.4 |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - |
| (113.0) |
| (58.7) |
| (49.8) |
| (34.5) |
| (42.0) |
| (34.3) |
| (11.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (140.1) | (113.7) | (274.5) | (113.0) | (58.7) | (49.8) | (34.5) | (42.0) | (34.3) | (11.9) |
| Net Income Attributable To Parent | (140.1) | (113.7) | (274.5) | (113.0) | (58.7) | (49.8) | (34.5) | (42.0) | (34.3) | (11.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (140.1) | (113.7) | (274.5) | (113.0) | (58.7) | (49.8) | (34.5) | (42.0) | (34.3) | (11.9) |
| (1.42) |
| (1.41) |
| (1.40) |
| - |
| - |
| - |
| Shares Basic | 88.7 | 88.5 | 81.7 | 57.5 | 41.4 | 35.3 | 24.7 | - | - | - |
| Shares Diluted | 88.7 | 88.5 | 81.7 | 57.5 | 41.4 | 35.3 | 24.7 | - | - | - |
| (62.5) |
| (50.3) |
| (35.3) |
| (44.3) |
| (36.4) |
| (14.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.2 |
| 5.2 |
| 4.8 |
| 4.8 |
| 3.8 |
| 3.9 |
| 4.0 |
| 3.5 |
| 2.8 |
| 2.7 |
| 2.4 |
| 2.1 |
| 1.1 |
| 1.1 |
| 0.5 |
| 0.4 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.3 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.6 |
| 21.3 |
| 20.7 |
| 19.8 |
| 16.4 |
| 15.9 |
| 14.0 |
| 12.6 |
| 12.5 |
| 11.3 |
| 11.6 |
| 11.2 |
| 10.1 |
| 13.6 |
| 7.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.4 |
| 0.5 |
| 0.7 |
| 0.6 |
| 0.5 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.2) |
| (11.6) |
| (10.9) |
| (9.0) |
| (5.1) |
| (4.9) |
| (12.4) |
| (12.0) |
| (10.8) |
| (11.0) |
| (10.7) |
| (9.6) |
| (13.1) |
| (7.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.2) |
| (11.6) |
| (10.9) |
| (9.0) |
| (5.1) |
| (4.9) |
| (12.4) |
| (12.0) |
| (10.8) |
| (11.0) |
| (10.7) |
| (9.6) |
| (13.1) |
| (7.0) |
| (14.0) |
| (18.2) |
| (11.6) |
| (10.9) |
| (9.0) |
| (5.1) |
| (4.9) |
| (12.4) |
| (12.0) |
| (10.8) |
| (11.0) |
| (10.7) |
| (9.6) |
| (13.1) |
| (7.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.1) |
| (14.0) |
| (18.2) |
| (11.6) |
| (10.9) |
| (9.0) |
| (5.1) |
| (4.9) |
| (12.4) |
| (12.0) |
| (10.8) |
| (11.0) |
| (10.7) |
| (9.6) |
| (13.1) |
| (7.0) |
| (0.31) |
| (0.33) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 37.8 |
| 32.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 37.8 |
| 32.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.1) |
| (9.1) |
| (5.3) |
| (5.0) |
| (12.6) |
| (12.5) |
| (11.3) |
| (11.6) |
| (11.2) |
| (10.1) |
| (13.6) |
| (7.6) |