| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 55.5 | 58.0 | 53.7 | 51.6 | 54.1 | 58.0 | 54.0 | 52.4 | 52.4 | 70.1 | 60.5 | 52.1 | 40.5 | 33.0 | 30.0 | 25.8 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 218.8 | 217.4 | 216.7 | 223.2 | 110.8 | 48.4 | 22.6 |
| Cost of Revenue | 133.6 | 130.8 | 126.4 | 133.6 | 60.5 | 28.7 | 13.0 |
| Gross Profit | 85.2 | 86.6 | 90.3 | 89.6 | 50.3 | 19.7 | 9.6 |
| Operating Expenses | |||||||
| Research & Development | 150.5 | 154.1 | 175.1 | 154.5 | 121.2 | 58.1 | 22.0 |
| Selling General & Administrative | 79.7 | 77.7 | 80.9 | 70.5 | 48.2 | ||
| Operating Income | |||||||
| Operating Income | (154.2) | (154.2) | (170.1) | (135.4) | (119.1) | (74.8) | (19.2) |
| Non-Operating | |||||||
| Interest Income | 5.9 | 7.3 | 4.6 | 7.8 | 2.6 | 0.0 | 0.0 |
| Interest Expense | 17.5 | 17.6 | 9.3 | 8.7 | 1.7 | 1.2 | 2.2 |
| Tax & Net | |||||||
| Income Tax Expense | (3.4) | (3.0) | (1.9) | (4.5) | (1.0) | (0.3) | 0.0 |
| Net Income From Continuing Ops | (160.7) | (150.7) | (144.2) | (128.8) | (52.8) | (118.6) | |
| Per Share | |||||||
| EPS Basic | (0.73) | (0.73) | (0.76) | (0.81) | (0.37) | (1.26) | (3.12) |
| EPS Diluted | (0.73) | (0.73) | (0.76) | (0.81) | (0.37) | (1.26) | (3.12) |
| Supplementary Data | |||||||
| EBITDA | - | - | - | - | - | - | - |
| EBIT | (154.2) | (154.2) | (170.1) | (135.4) | (119.1) | (74.8) | (19.2) |
| 22.0 |
| - |
| 12.2 |
| - |
| 8.1 |
| - |
| 7.6 |
| 3.7 |
| - |
| Cost of Revenue | 34.4 | 36.4 | 32.2 | 30.7 | 31.5 | 33.3 | 32.7 | 30.2 | 30.1 | 42.2 | 35.2 | 32.1 | 24.1 | 16.2 | 15.0 | 15.2 | 14.2 | - | 6.9 | - | 4.8 | - | 3.7 | 2.2 | - |
| Gross Profit | 21.1 | 21.6 | 21.5 | 20.9 | 22.5 | 24.7 | 21.2 | 22.1 | 22.3 | 27.9 | 25.3 | 20.0 | 16.4 | 16.9 | 15.0 | 10.6 | 7.8 | - | 5.2 | - | 3.3 | - | 3.9 | 1.5 | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 38.5 | 35.5 | 38.0 | 38.5 | 42.1 | 38.3 | 46.0 | 41.3 | 49.6 | 34.3 | 41.6 | 42.1 | 36.6 | 33.0 | 30.2 | 28.5 | 29.5 | - | 15.0 | - | 8.7 | - | 5.8 | 4.8 | - |
| Selling General & Administrative | 21.4 | 19.2 | 20.8 | 18.4 | 19.4 | 20.3 | 20.8 | 17.4 | 22.3 | 15.2 | 19.8 | 18.6 | 16.8 | 12.8 | 10.7 | 12.1 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Amortization of Intangibles | 8.9 | 8.1 | 8.1 | 8.1 | 7.8 | 7.6 | 9.3 | 8.2 | 8.1 | 3.8 | 9.0 | 8.6 | 5.1 | 2.8 | 0.1 | 4.1 | 4.7 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 94.3 | 92.0 | 92.0 | 94.6 | 93.0 | 91.9 | 103.9 | 89.0 | 102.0 | 91.7 | 96.6 | 92.8 | 77.4 | 62.0 | 55.9 | 55.7 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (38.9) | (33.9) | (38.3) | (43.0) | (38.9) | (33.9) | (49.9) | (36.6) | (49.6) | (21.6) | (36.1) | (40.7) | (37.0) | (29.0) | (25.9) | (30.0) | (34.3) | - | (21.3) | - | (8.1) | - | (3.2) | (4.6) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.9 | 1.1 | 1.7 | 2.2 | 2.3 | 1.2 | 1.0 | 1.1 | 1.3 | 1.7 | 1.9 | 1.9 | 2.4 | 1.7 | 0.6 | 0.2 | 0.0 | - | 0.0 | - | 0.0 | - | 0.0 | 0.0 | - |
| Interest Expense | 4.3 | 4.3 | 4.3 | 4.5 | 4.5 | 2.8 | 2.2 | 2.1 | 2.1 | 2.1 | 2.2 | 2.1 | 2.1 | 1.2 | 0.2 | 0.3 | 0.1 | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (8.6) | (0.6) | (2.7) | 1.9 | 1.8 | (1.1) | (5.0) | 15.7 | 14.3 | 5.1 | 18.1 | 27.5 | (48.7) | 12.8 | (18.7) | 23.8 | 47.4 | ||||||||
| Pre-Tax Income | (47.4) | (34.5) | (41.1) | (41.1) | (37.1) | (35.0) | (54.9) | (20.9) | (35.3) | (16.4) | (18.0) | (13.2) | (85.7) | (16.1) | (44.6) | (6.2) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (0.3) | (3.3) | (0.4) | 0.6 | 0.1 | (0.6) | (0.3) | 0.1 | (1.1) | (1.8) | 0.7 | 0.3 | (3.7) | (0.4) | 0.9 | (0.9) | (0.7) | - | (0.0) | - | 0.0 | - | (0.0) | 0.0 | - |
| Net Income From Continuing Ops | (47.1) | (31.2) | (40.7) | (41.6) | (37.2) | (34.4) | (54.6) | (21.0) | (34.2) | (14.6) | (18.7) | (13.6) | (82.0) | (15.8) | (45.4) | (5.3) | 13.7 | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (47.1) | (31.2) | (40.7) | (41.6) | (37.2) | (34.4) | (54.6) | (21.0) | (34.2) | (14.6) | (18.7) | (13.6) | (82.0) | (15.8) | (45.4) | (5.3) | 13.7 | ||||||||
| Net Income Attributable To Parent | (43.2) | (31.2) | (38.3) | (39.0) | (34.5) | (32.6) | (49.7) | (19.2) | (31.2) | (14.7) | (17.1) | (13.1) | (72.7) | (12.4) | (37.6) | (4.2) | |||||||||
| Less: Minority Interest | (3.9) | (0.0) | (2.4) | (2.6) | (2.6) | (1.8) | (4.9) | (1.8) | (3.0) | 0.0 | (1.6) | (0.4) | (9.2) | (3.4) | (7.8) | (1.1) | 2.9 | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (43.2) | (31.2) | (38.3) | (39.0) | (34.5) | (32.6) | (49.7) | (19.2) | (31.2) | (14.7) | (17.1) | (13.1) | (72.7) | (12.4) | (37.6) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.21) | - | (0.19) | (0.20) | (0.18) | - | (0.28) | (0.11) | (0.19) | - | (0.12) | (0.09) | (0.55) | - | (0.31) | (0.04) | 0.10 | - | (0.83) | - | 0.17 | - | (0.70) | (0.22) | - |
| EPS Diluted | (0.21) | - | (0.19) | (0.20) | (0.18) | - | (0.28) | (0.11) | (0.19) | - | (0.12) | (0.09) | (0.55) | - | (0.31) | (0.04) | 0.07 | - | |||||||
| Shares Basic | 207.0 | - | 199.3 | 195.4 | 191.5 | - | 179.5 | 170.2 | 164.6 | - | 147.0 | 142.0 | 131.5 | - | 120.5 | 117.0 | 111.2 | - | |||||||
| Shares Diluted | 207.0 | - | 199.3 | 195.4 | 191.5 | - | 179.5 | 170.2 | 164.6 | - | 147.0 | 142.0 | 131.5 | - | 120.5 | 117.0 | 147.4 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (38.9) | (33.9) | (38.3) | (43.0) | (38.9) | (33.9) | (49.9) | (36.6) | (49.6) | (21.6) | (36.1) | (40.7) | (37.0) | (29.0) | (25.9) | (30.0) | (34.3) | - | (21.3) | ||||||
| 36.4 |
| 6.8 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | - | - | - | - | - | - |
| Amortization of Intangibles | 33.2 | 32.0 | 33.2 | 26.5 | 11.6 | 4.8 | 1.7 |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 372.9 | 371.6 | 386.8 | 358.6 | 229.9 | 123.2 | 41.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (9.9) | 0.5 | 24.0 | 2.1 | 65.3 | (44.1) | (79.1) |
| Pre-Tax Income | (164.1) | (153.7) | (146.1) | (133.4) | (53.8) | (118.9) | (98.3) |
| (98.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (160.7) | (150.7) | (144.2) | (128.8) | (52.8) | (118.6) | (98.4) |
| Net Income Attributable To Parent | (151.7) | (143.1) | (132.6) | (117.6) | (43.4) | (88.0) | (97.5) |
| Less: Minority Interest | (9.0) | (7.6) | (11.6) | (11.2) | (9.4) | (30.6) | (0.9) |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (151.7) | (143.1) | (132.6) | (117.6) | (43.4) | (88.0) | (97.5) |
| Shares Basic | 207.0 | 197.2 | 175.0 | 145.2 | 118.7 | 70.0 | 31.2 |
| Shares Diluted | 207.0 | 197.2 | 175.0 | 145.2 | 118.7 | 70.0 | 31.2 |
| 12.6 |
| - |
| 11.4 |
| - |
| 2.7 |
| - |
| 1.3 |
| 1.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.5 |
| - |
| 0.4 |
| - |
| 0.5 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 56.3 |
| - |
| 33.4 |
| - |
| 16.2 |
| - |
| 10.8 |
| 8.3 |
| - |
| 0.0 |
| - |
| 0.6 |
| - |
| 0.5 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (86.9) |
| - |
| 18.5 |
| - |
| (19.0) |
| (2.4) |
| - |
| 13.0 |
| - |
| (108.2) |
| - |
| 10.4 |
| - |
| (22.2) |
| (7.0) |
| - |
| (7.2) |
| (108.2) |
| (13.6) |
| 10.4 |
| (63.8) |
| (22.2) |
| (7.0) |
| (5.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.2) |
| (108.2) |
| (13.6) |
| 10.4 |
| (63.8) |
| (22.2) |
| (7.0) |
| (5.4) |
| 10.8 |
| (5.6) |
| (79.6) |
| (13.6) |
| 10.8 |
| (63.3) |
| (22.0) |
| (6.9) |
| (5.4) |
| - |
| (28.5) |
| - |
| (0.5) |
| - |
| (0.2) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.2) |
| 10.8 |
| (0.3) |
| (79.6) |
| (13.6) |
| 5.4 |
| (63.3) |
| (22.0) |
| (6.9) |
| (5.4) |
| (0.83) |
| - |
| (0.35) |
| - |
| (0.70) |
| (0.22) |
| - |
| 96.4 |
| - |
| 32.3 |
| - |
| 31.3 |
| 31.1 |
| - |
| 96.4 |
| - |
| 39.2 |
| - |
| 31.3 |
| 31.1 |
| - |
| - |
| (8.1) |
| - |
| (3.2) |
| (4.6) |
| - |