| (in millions of USD, except per-share data) | Q3 FY 26 | Q2 FY 26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 146.0 | 140.2 | 139.0 | 135.0 | 129.1 | 121.2 | 118.8 | 114.4 | 110.6 | 103.9 | 101.6 | 94.6 | 92.0 | 84.7 | 79.5 | 75.5 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 560.3 | 504.1 | 430.5 | 350.9 | 272.1 | 214.6 | 186.9 |
| Cost of Revenue | 139.9 | 131.1 | 123.7 | 111.5 | 99.1 | 74.4 | 71.3 |
| Gross Profit | 420.4 | 373.0 | 306.9 | 239.4 | 173.0 | 140.3 | 115.6 |
| Operating Expenses | |||||||
| Research & Development | 162.3 | 137.8 | 113.6 | 93.9 | 74.4 | 50.9 | 42.1 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (40.1) | (27.4) | (32.2) | (69.3) | (99.5) | (23.0) | (16.8) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | 0.2 | 0.3 | 24.6 | 27.9 |
| Tax & Net | |||||||
| Income Tax Expense | 3.6 | 2.1 | 2.1 | (0.5) | (3.4) | 0.5 | 0.4 |
| Net Income From Continuing Ops | (36.3) | (18.2) | (32.0) | (69.4) | (99.7) | (46.8) | |
| Per Share | |||||||
| EPS Basic | (0.46) | (0.23) | (0.45) | (1.08) | (1.63) | (2.23) | (2.23) |
| EPS Diluted | (0.46) | (0.23) | (0.45) | (1.08) | (1.63) | (2.23) | (2.23) |
| Supplementary Data | |||||||
| EBITDA | - | (9.7) | (15.5) | (53.9) | (82.7) | (9.6) | (4.0) |
| EBIT | (40.1) | (27.4) | (32.2) | (69.3) | (99.5) | (23.0) | (16.8) |
| 69.7 |
| 64.7 |
| 62.2 |
| 61.3 |
| 55.6 |
| 49.6 |
| 48.1 |
| Cost of Revenue | 35.5 | 35.1 | 35.2 | 34.1 | 32.7 | 32.5 | 31.9 | 30.7 | 30.6 | 30.8 | 31.6 | 30.9 | 28.5 | 26.8 | 25.3 | 27.2 | 26.0 | 23.6 | 22.4 | 20.3 | 19.6 | 17.4 | 17.0 |
| Gross Profit | 110.5 | 105.1 | 103.8 | 101.0 | 96.4 | 88.7 | 86.9 | 83.6 | 80.1 | 73.2 | 70.0 | 63.8 | 63.5 | 57.9 | 54.2 | 48.4 | 43.7 | 41.1 | 39.8 | 40.9 | 36.0 | 32.2 | 31.2 |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 44.1 | 39.3 | 40.9 | 37.9 | 34.1 | 33.3 | 32.4 | 29.8 | 27.3 | 28.0 | 28.5 | 25.5 | 25.3 | 23.4 | 19.7 | 19.6 | 20.4 | 17.4 | 17.0 | 13.7 | 13.0 | 12.1 | 12.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | 52.6 | 46.7 | 48.8 | 43.0 | 42.3 | 40.8 | 37.8 | 33.2 | 35.3 | 35.3 | 34.4 | 32.4 | 34.9 | 33.5 | 31.3 | 30.7 | 28.8 | ||||||
| General & Administrative | 28.1 | 26.3 | 28.6 | 24.2 | 25.8 | 24.8 | 23.9 | 20.3 | 24.9 | 21.0 | 21.1 | 18.3 | 21.6 | 20.8 | 20.4 | 20.9 | 23.2 | ||||||
| Depreciation & Amortization | - | - | 4.6 | - | - | - | 4.5 | 11.7 | 0.5 | 0.5 | 4.0 | 10.4 | 0.4 | 0.4 | 4.1 | 12.0 | |||||||
| Amortization of Intangibles | 2.9 | 2.9 | 2.9 | 3.2 | 2.7 | 2.9 | 3.0 | 3.1 | 2.6 | 2.6 | 2.7 | 2.7 | 2.5 | 2.5 | 3.1 | 3.4 | 3.5 | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 124.8 | 112.3 | 118.3 | 105.2 | 102.1 | 98.9 | 94.1 | 83.3 | 87.5 | 84.2 | 84.0 | 76.2 | 81.8 | 77.3 | 73.4 | 71.2 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (14.2) | (7.2) | (14.5) | (4.2) | (5.7) | (10.2) | (7.3) | 0.3 | (7.4) | (11.1) | (14.0) | (12.4) | (18.2) | (19.4) | (19.1) | (22.8) | (28.7) | (24.3) | (23.6) | (9.6) | (4.1) | (4.9) | (4.3) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | (0.2) | 1.9 | 1.1 | 4.6 | 3.4 | (0.2) | 3.4 | 0.4 | 0.8 | 2.1 | (0.9) | 0.1 | (0.3) | 0.1 | (0.7) | (1.4) | (0.3) | ||||||
| Pre-Tax Income | (14.4) | (5.3) | (13.4) | 0.4 | (2.3) | (10.4) | (3.8) | 0.7 | (6.7) | (9.0) | (14.9) | (12.3) | (18.5) | (19.3) | (19.9) | (24.0) | |||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | 1.1 | 0.7 | 1.0 | 0.9 | 0.6 | (0.2) | 0.7 | 1.3 | 0.2 | 0.2 | 0.4 | (0.8) | (0.4) | 0.5 | 0.2 | (2.4) | (0.3) | (0.5) | (0.2) | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income From Continuing Ops | (15.5) | (5.9) | (14.4) | (0.5) | (3.0) | (10.2) | (4.5) | (0.6) | (6.9) | (9.2) | (15.3) | (11.5) | (18.1) | (19.8) | (20.1) | (21.6) | (28.7) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (15.5) | (5.9) | (14.4) | (0.5) | (3.0) | (10.2) | (4.5) | (0.6) | (6.9) | (9.2) | (15.3) | (11.5) | (18.1) | (19.8) | (20.1) | (21.6) | (28.7) | ||||||
| Net Income Attributable To Parent | (15.5) | (5.9) | (14.4) | (0.5) | (3.0) | (10.2) | (4.5) | (0.6) | (6.9) | (9.2) | (15.3) | (11.5) | (18.1) | (19.8) | (20.1) | (21.6) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | ||||||
| Net Income To Common Shareholders | (15.5) | (5.9) | (14.4) | (0.5) | (3.0) | (10.2) | (4.5) | (0.6) | (6.9) | (9.2) | (15.3) | (11.5) | (18.1) | (19.8) | (20.1) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.20) | (0.07) | (0.18) | - | (0.04) | (0.13) | (0.06) | - | (0.09) | (0.13) | (0.22) | - | (0.28) | (0.31) | (0.32) | - | (0.47) | (0.40) | (0.42) | - | - | - | - |
| EPS Diluted | (0.20) | (0.07) | (0.18) | - | (0.04) | (0.13) | (0.06) | - | (0.09) | (0.13) | (0.22) | - | (0.28) | (0.31) | (0.32) | - | (0.47) | (0.40) | |||||
| Shares Basic | 78.9 | 81.0 | 81.9 | - | 79.9 | 78.1 | 75.6 | - | 72.6 | 70.5 | 68.9 | - | 64.3 | 63.3 | 62.9 | - | 61.6 | 60.9 | |||||
| Shares Diluted | 78.9 | 81.0 | 81.9 | - | 79.9 | 78.1 | 75.6 | - | 72.6 | 70.5 | 68.9 | - | 64.3 | 63.3 | 62.9 | - | 61.6 | 60.9 | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | - | - | (9.9) | - | - | - | (2.8) | 12.0 | (6.9) | (10.6) | (10.0) | (2.0) | (17.8) | (19.0) | (15.0) | (10.8) | (28.3) | (24.0) | (19.6) | (0.3) | (3.7) | (4.5) | (1.0) |
| EBIT | (14.2) | (7.2) | (14.5) | (4.2) | (5.7) | (10.2) | (7.3) | 0.3 | (7.4) | (11.1) | (14.0) | (12.4) | (18.2) | (19.4) | (19.1) | (22.8) | (28.7) | (24.3) | (23.6) | ||||
| - |
| - |
| Selling & Marketing | 191.1 | 163.8 | 138.2 | 132.2 | 111.9 | 69.9 | 58.9 |
| General & Administrative | 107.2 | 98.7 | 87.2 | 81.0 | 86.1 | 42.4 | 28.5 |
| Depreciation & Amortization | - | 17.7 | 16.7 | 15.3 | 16.7 | 13.4 | 12.8 |
| Amortization of Intangibles | 11.8 | 11.9 | 11.0 | 10.8 | 13.5 | 10.9 | 11.3 |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 460.5 | 400.3 | 339.1 | 308.7 | 272.4 | 163.2 | 132.4 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 7.4 | 11.2 | 2.3 | (0.7) | (1.3) | 1.3 | (0.9) |
| Pre-Tax Income | (32.7) | (16.1) | (29.9) | (69.9) | (103.1) | (46.3) | (45.6) |
| (45.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (36.3) | (18.2) | (32.0) | (69.4) | (99.7) | (46.8) | (45.9) |
| Net Income Attributable To Parent | (36.3) | (18.2) | (32.0) | (69.4) | (99.7) | (46.8) | (45.9) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | 0.0 | 0.0 | 15.6 | 14.0 |
| Net Income To Common Shareholders | (36.3) | (18.2) | (32.0) | (69.4) | (99.7) | (62.3) | (60.0) |
| Shares Basic | 78.9 | 78.7 | 71.5 | 64.3 | 61.3 | 28.0 | 24.1 |
| Shares Diluted | 78.9 | 78.7 | 71.5 | 64.3 | 61.3 | 28.0 | 24.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.8 |
| 25.6 |
| 22.7 |
| 16.4 |
| 15.5 |
| 15.3 |
| 21.2 |
| 20.8 |
| 14.1 |
| 10.7 |
| 9.4 |
| 8.1 |
| 0.4 |
| 0.3 |
| 4.1 |
| 9.3 |
| 0.4 |
| 0.4 |
| 3.3 |
| 3.3 |
| 3.3 |
| 2.8 |
| 2.6 |
| 2.7 |
| 2.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| 72.4 |
| 65.4 |
| 63.4 |
| 50.6 |
| 40.2 |
| 37.1 |
| 35.4 |
| 0.2 |
| 6.1 |
| 5.9 |
| 6.4 |
| 6.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.4) |
| 0.9 |
| (0.0) |
| (0.1) |
| 1.1 |
| 0.3 |
| (29.0) |
| (24.8) |
| (25.3) |
| (15.8) |
| (10.1) |
| (10.2) |
| (10.3) |
| (24.2) |
| (25.1) |
| (15.9) |
| (10.1) |
| (10.3) |
| (10.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.2) |
| (25.1) |
| (15.9) |
| (10.1) |
| (10.3) |
| (10.4) |
| (28.7) |
| (24.2) |
| (25.1) |
| (15.9) |
| (10.1) |
| (10.3) |
| (10.4) |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 4.0 |
| 3.9 |
| 3.9 |
| 3.8 |
| (21.6) |
| (28.7) |
| (24.2) |
| (25.1) |
| (19.9) |
| (14.0) |
| (14.2) |
| (14.2) |
| (0.42) |
| - |
| - |
| - |
| - |
| 60.1 |
| - |
| - |
| - |
| - |
| 60.1 |
| - |
| - |
| - |
| - |
| (9.6) |
| (4.1) |
| (4.9) |
| (4.3) |