| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||
| Revenues | 204.6 | 269.1 | 224.5 | 217.1 | 201.3 | 239.7 | 203.2 | 195.9 | 164.0 | 192.5 | 153.3 | 151.1 | 127.9 | 137.9 | 109.2 | 91.4 | |||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 915.2 | 912.0 | 802.8 | 624.8 | 407.9 | 233.4 | 115.4 | 82.1 | 50.6 | 28.6 |
| Cost of Revenue | 130.2 | 133.2 | 123.0 | 96.6 | 66.1 | 33.3 | 17.6 | 13.6 | 10.1 | 6.0 |
| Gross Profit | 785.1 | 778.8 | 679.8 | 528.2 | 341.7 | 200.1 | 97.8 | 68.4 | 40.5 | 22.5 |
| Operating Expenses | ||||||||||
| Research & Development | 101.2 | 103.2 | 114.1 | 116.5 | 68.6 | 37.4 | 26.1 | 12.8 | 7.4 | 6.2 |
| Selling General & Administrative | 632.6 | 624.6 | 529.6 | |||||||
| Operating Income | ||||||||||
| Operating Income | 51.3 | 51.0 | 36.1 | (40.3) | (47.6) | (39.9) | (56.2) | (34.9) | (20.4) | (16.0) |
| Non-Operating | ||||||||||
| Interest Income | 16.2 | 17.5 | 23.2 | 20.6 | 5.1 | 0.1 | 1.1 | 3.8 | 1.9 | 0.2 |
| Interest Expense | - | 0.1 | 0.0 | 0.0 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | (67.2) | (79.7) | 4.9 | 1.2 | 0.6 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 131.1 | 145.4 | 53.5 | |||||||
| Per Share | ||||||||||
| EPS Basic | 4.57 | 4.95 | 1.80 | (0.72) | (1.60) | (1.54) | (2.19) | (1.40) | - | - |
| EPS Diluted | 4.57 | 4.89 | 1.75 | (0.72) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | 67.3 | 64.9 | 42.6 | (37.4) | (45.7) | (38.6) | (55.4) | (34.4) | (20.0) | (15.7) |
| EBIT | 51.3 | 51.0 | 36.1 | (40.3) | ||||||
| 69.4 |
| 78.4 |
| 61.7 |
| 53.0 |
| 40.4 |
| 46.0 |
| 35.8 |
| 12.2 |
| 21.3 |
| 26.9 |
| 20.9 |
| 18.0 |
| 16.3 |
| 16.6 |
| 13.1 |
| 10.9 |
| 10.0 |
| 10.0 |
| 7.3 |
| 6.0 |
| 5.3 |
| Cost of Revenue | 27.7 | 36.1 | 31.8 | 34.7 | 30.7 | 36.0 | 32.4 | 29.8 | 24.8 | 28.1 | 24.4 | 24.3 | 19.9 | 22.2 | 19.8 | 14.2 | 10.0 | 11.2 | 8.6 | 7.5 | 6.0 | 7.2 | 5.2 | 2.0 | 3.3 | 4.2 | 3.5 | 3.1 | 2.9 | 3.2 | 2.5 | 2.1 | 2.3 | 1.9 | 1.6 | 1.4 | 1.2 |
| Gross Profit | 176.9 | 233.0 | 192.7 | 182.4 | 170.6 | 203.7 | 170.8 | 166.0 | 139.3 | 164.5 | 128.9 | 126.8 | 108.0 | 115.7 | 89.4 | 77.2 | 59.4 | 67.2 | 53.1 | 45.4 | 34.4 | 38.8 | 30.6 | 10.2 | 18.1 | 22.7 | 17.4 | 14.9 | 13.4 | 13.4 | 10.6 | 8.8 | 7.7 | 8.1 | 5.7 | 4.7 | 4.1 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| Research & Development | 25.8 | 24.9 | 24.2 | 26.2 | 27.8 | 30.3 | 26.1 | 28.9 | 28.9 | 31.1 | 29.1 | 30.8 | 25.5 | 21.2 | 21.0 | 14.5 | 11.9 | 10.3 | 9.6 | 9.3 | 8.2 | 7.3 | 7.3 | 6.1 | 5.4 | 3.8 | 3.6 | 2.8 | 2.6 | 2.2 | 1.8 | 1.7 | 1.7 | 1.7 | 1.2 | 1.7 | 1.6 |
| Selling General & Administrative | 152.2 | 162.0 | 158.9 | 159.5 | 144.3 | 141.5 | 130.4 | 132.1 | 125.6 | - | - | - | - | - | - | - | |||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | 130.4 | 132.1 | 125.6 | - | 113.2 | 112.6 | 102.0 | - | 85.6 | 76.7 | 63.6 | ||||||||||||||||||||
| Depreciation & Amortization | 5.1 | 3.8 | 3.7 | 3.4 | 3.0 | 2.4 | 1.9 | 1.4 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 | 0.4 | |||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | 156.5 | 160.9 | 154.5 | 155.2 | 142.4 | 143.4 | 127.5 | 116.1 | 106.6 | 91.2 | |||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (1.1) | 46.1 | 9.6 | (3.3) | (1.5) | 31.9 | 14.3 | 5.1 | (15.2) | 9.3 | (13.5) | (16.6) | (19.5) | (0.3) | (17.2) | (14.0) | (16.1) | (1.8) | (9.8) | (12.5) | (15.7) | (7.1) | (9.9) | (22.8) | (16.4) | (9.3) | (8.7) | (8.2) | (8.8) | (4.9) | (4.6) | (5.6) | (5.2) | (3.8) | (3.6) | (4.4) | (4.1) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||
| Interest Income | 3.7 | 4.0 | 4.0 | 4.5 | 5.1 | 5.6 | 5.9 | 5.9 | 5.9 | 5.9 | 5.5 | 4.9 | 4.3 | 3.4 | 1.4 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.6 | 0.8 | 0.9 | 1.0 | 1.1 | 0.8 | 0.6 | 0.3 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Interest Expense | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | 0.5 | 0.5 | 0.5 | |||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Non-Operating Income | (0.2) | 4.2 | 3.9 | 1.0 | 5.6 | 4.8 | 6.0 | 5.7 | 5.9 | 5.9 | 5.3 | 4.9 | 4.3 | 3.6 | 0.6 | (0.3) | (0.5) | ||||||||||||||||||||
| Pre-Tax Income | 2.4 | 50.3 | 13.6 | (2.3) | 4.2 | 36.6 | 20.3 | 10.8 | (9.4) | 15.2 | (8.2) | (11.7) | (15.2) | 3.3 | (16.6) | (14.3) | |||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 13.7 | (85.8) | 3.6 | 1.3 | 1.2 | 1.4 | 1.8 | 1.1 | 0.7 | 0.5 | 0.3 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 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 | (11.3) | 136.1 | 9.9 | (3.6) | 3.0 | 35.2 | 18.5 | 9.8 | (10.0) | 14.8 | (8.5) | (12.0) | (15.4) | 3.2 | (16.8) | (14.5) | (16.7) | ||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income | (11.3) | 136.1 | 9.9 | (3.6) | 3.0 | 35.2 | 18.5 | 9.8 | (10.0) | 14.8 | (8.5) | (12.0) | (15.4) | 3.2 | (16.8) | (14.5) | (16.7) | ||||||||||||||||||||
| Net Income Attributable To Parent | (11.3) | 136.1 | 9.9 | (3.6) | 3.0 | 35.2 | 18.5 | 9.8 | (10.0) | 14.8 | (8.5) | (12.0) | (15.4) | 3.2 | (16.8) | (14.5) | |||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income To Common Shareholders | (11.3) | 136.1 | 9.9 | (3.6) | 3.0 | 35.2 | 18.5 | 9.8 | (10.0) | 14.8 | (8.5) | (12.0) | (15.4) | 3.2 | (16.8) | ||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.39) | - | 0.34 | (0.12) | 0.10 | - | 0.62 | 0.33 | (0.34) | - | (0.29) | (0.41) | (0.53) | - | (0.60) | (0.53) | (0.61) | - | (0.38) | (0.48) | (0.60) | - | (0.39) | (0.88) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.39) | - | 0.34 | (0.12) | 0.10 | - | 0.60 | 0.32 | (0.34) | - | (0.29) | (0.41) | (0.53) | - | (0.60) | (0.53) | (0.61) | - | |||||||||||||||||||
| Shares Basic | 28.7 | - | 29.3 | 29.5 | 29.7 | - | 29.9 | 29.7 | 29.6 | - | 29.4 | 29.2 | 29.1 | - | 28.2 | 27.6 | 27.5 | - | |||||||||||||||||||
| Shares Diluted | 28.7 | - | 29.6 | 29.5 | 30.3 | - | 30.6 | 30.4 | 29.6 | - | 29.4 | 29.2 | 29.1 | - | 28.2 | 27.6 | 27.5 | - | |||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EBITDA | 4.0 | 49.9 | 13.3 | 0.1 | 1.6 | 34.3 | 16.2 | 6.5 | (14.4) | 10.1 | (12.7) | (15.9) | (18.9) | 0.3 | (16.7) | (13.6) | (15.7) | (1.4) | (9.5) | (12.2) | (15.5) | (6.8) | (9.7) | (22.6) | (16.3) | (9.1) | (8.6) | (8.1) | (8.7) | (4.8) | (4.5) | (5.5) | (5.1) | (3.8) | (3.5) | (4.3) | (4.1) |
| EBIT | (1.1) | 46.1 | 9.6 | (3.3) | (1.5) | 31.9 | 14.3 | 5.1 | (15.2) | 9.3 | (13.5) | (16.6) | (19.5) | (0.3) | (17.2) | (14.0) | (16.1) | (1.8) | (9.8) | ||||||||||||||||||
| 452.0 |
| 320.7 |
| 202.6 |
| 127.9 |
| 90.5 |
| 53.5 |
| 32.4 |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 16.0 | 14.0 | 6.6 | 2.8 | 1.9 | 1.2 | 0.8 | 0.5 | 0.4 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | 568.5 | 389.3 | 240.0 | 154.0 | 103.3 | 60.9 | 38.6 |
| 1.7 |
| 2.1 |
| 2.1 |
| 2.1 |
| 3.3 |
| 1.8 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 8.9 | 14.7 | 22.4 | 20.4 | 3.3 | (2.1) | (0.9) | 1.7 | (1.5) | (1.5) |
| Pre-Tax Income | 63.9 | 65.7 | 58.5 | (19.9) | (44.3) | (42.0) | (57.1) | (33.2) | (21.8) | (17.5) |
| (21.2) |
| (44.9) |
| (42.0) |
| (57.2) |
| (33.2) |
| (21.8) |
| (17.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | 131.1 | 145.4 | 53.5 | (21.2) | (44.9) | (42.0) | (57.2) | (33.2) | (21.8) | (17.5) |
| Net Income Attributable To Parent | 131.1 | 145.4 | 53.5 | (21.2) | (44.9) | (42.0) | (57.2) | (33.2) | (21.8) | (17.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 131.1 | 145.4 | 53.5 | (21.2) | (44.9) | (42.0) | (57.2) | (33.2) | (21.8) | (17.5) |
| (1.60) |
| (1.54) |
| (2.19) |
| (1.40) |
| - |
| - |
| Shares Basic | 28.7 | 29.4 | 29.8 | 29.3 | 28.1 | 27.3 | 26.1 | 23.8 | - | - |
| Shares Diluted | 28.7 | 29.8 | 30.5 | 29.3 | 28.1 | 27.3 | 26.1 | 23.8 | - | - |
| (47.6) |
| (39.9) |
| (56.2) |
| (34.9) |
| (20.4) |
| (16.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.3 |
| 10.7 |
| 9.9 |
| - |
| 7.3 |
| 6.5 |
| 5.7 |
| - |
| 53.2 |
| 48.7 |
| 41.9 |
| - |
| 33.2 |
| 27.0 |
| 29.1 |
| - |
| 22.4 |
| 20.3 |
| 19.6 |
| - |
| 13.5 |
| 12.7 |
| 11.2 |
| - |
| 0.9 |
| 0.8 |
| 0.9 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 75.4 |
| 69.1 |
| 62.9 |
| 58.0 |
| 50.1 |
| 45.9 |
| 40.5 |
| 33.0 |
| 34.5 |
| 32.0 |
| 26.1 |
| 23.1 |
| 22.2 |
| 18.3 |
| 15.2 |
| 14.5 |
| 12.9 |
| 11.9 |
| 9.4 |
| 9.1 |
| 8.2 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.7 |
| 0.7 |
| 0.6 |
| 1.4 |
| - |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.6) |
| (0.5) |
| (0.5) |
| (0.5) |
| (0.4) |
| (0.4) |
| (0.3) |
| 0.2 |
| 0.3 |
| 0.4 |
| 0.5 |
| 0.5 |
| 0.1 |
| (0.0) |
| (0.2) |
| (1.3) |
| (0.8) |
| (0.4) |
| (0.4) |
| (0.0) |
| (16.6) |
| (2.4) |
| (10.3) |
| (13.1) |
| (16.2) |
| (7.5) |
| (10.3) |
| (23.1) |
| (16.2) |
| (9.0) |
| (8.2) |
| (7.7) |
| (8.3) |
| (4.8) |
| (4.7) |
| (5.9) |
| (6.5) |
| (4.3) |
| (4.0) |
| (4.8) |
| (4.5) |
| (2.4) |
| (10.3) |
| (13.1) |
| (16.2) |
| (7.5) |
| (10.4) |
| (23.1) |
| (16.2) |
| (9.1) |
| (8.2) |
| (7.7) |
| (8.3) |
| (4.8) |
| (4.7) |
| (5.9) |
| (6.5) |
| (4.3) |
| (4.0) |
| (4.8) |
| (4.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.4) |
| (10.3) |
| (13.1) |
| (16.2) |
| (7.5) |
| (10.4) |
| (23.1) |
| (16.2) |
| (9.1) |
| (8.2) |
| (7.7) |
| (8.3) |
| (4.8) |
| (4.7) |
| (5.9) |
| (6.5) |
| (4.3) |
| (4.0) |
| (4.8) |
| (4.5) |
| (16.7) |
| (2.4) |
| (10.3) |
| (13.1) |
| (16.2) |
| (7.5) |
| (10.4) |
| (23.1) |
| (16.2) |
| (9.1) |
| (8.2) |
| (7.7) |
| (8.3) |
| (4.8) |
| (4.7) |
| (5.9) |
| (6.5) |
| (4.3) |
| (4.0) |
| (4.8) |
| (4.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.5) |
| (16.7) |
| (2.4) |
| (10.3) |
| (13.1) |
| (16.2) |
| (7.5) |
| (10.4) |
| (23.1) |
| (16.2) |
| (9.1) |
| (8.2) |
| (7.7) |
| (8.3) |
| (4.8) |
| (4.7) |
| (5.9) |
| (6.5) |
| (4.3) |
| (4.0) |
| (4.8) |
| (4.5) |
| (0.38) |
| (0.48) |
| (0.60) |
| - |
| (0.39) |
| (0.88) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.3 |
| 27.2 |
| 27.1 |
| - |
| 26.8 |
| 26.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.3 |
| 27.2 |
| 27.1 |
| - |
| 26.8 |
| 26.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.5) |
| (15.7) |
| (7.1) |
| (9.9) |
| (22.8) |
| (16.4) |
| (9.3) |
| (8.7) |
| (8.2) |
| (8.8) |
| (4.9) |
| (4.6) |
| (5.6) |
| (5.2) |
| (3.8) |
| (3.6) |
| (4.4) |
| (4.1) |