| (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 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 64.7 | 61.9 | 39.9 | 20.7 | 7.6 | 11.7 | 12.4 | 11.4 | 7.6 | 6.1 | 6.1 | 5.5 | 4.3 | 159.6 | 2.8 | 2.6 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 187.1 | 130.0 | 43.1 | 22.0 | 1,235.0 | 2.1 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 391.5 | 305.7 | 136.8 | 92.3 | 44.0 | 20.2 | 10.2 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (829.5) | (633.7) | (232.5) | (157.8) | (85.7) | (38.7) | (15.7) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | (51.0) | (44.6) | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 324.7 | (512.1) | (331.6) | (157.8) | (48.5) | (106.2) | |
| Per Share | |||||||
| EPS Basic | 0.86 | (1.82) | (1.56) | (0.78) | (0.25) | (0.77) | - |
| EPS Diluted | 0.83 | (1.82) | (1.56) | (0.78) | (0.25) | (0.77) | - |
| Supplementary Data | |||||||
| EBITDA | (711.0) | (551.7) | (213.8) | (147.4) | (80.1) | (36.1) | (14.3) |
| EBIT | (829.5) | (633.7) | (232.5) | (157.8) | (85.7) | (38.7) | (15.7) |
| 1,070.0 |
| 1.6 |
| 0.2 |
| 0.1 |
| 0.1 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 125.7 | 96.1 | 66.3 | 103.4 | 40.0 | 40.1 | 33.2 | 31.2 | 32.4 | 31.6 | 24.6 | 19.9 | 16.2 | 13.7 | 13.3 | 9.7 | 7.3 | 4.9 | 6.2 | 5.5 | 3.7 | 2.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 29.4 | 19.5 | 14.4 | 10.9 | 8.6 | 8.9 | 6.6 | 6.1 | 6.7 | 7.0 | 5.0 | 3.6 | 2.7 | 2.4 | 2.0 | 2.1 | 1.9 | |||||
| General & Administrative | 88.6 | 90.7 | 82.5 | 48.1 | 23.8 | 29.7 | 14.3 | 13.1 | 14.0 | 15.3 | 13.9 | 10.9 | 10.6 | 9.1 | 10.1 | 7.6 | 9.2 | |||||
| Depreciation & Amortization | 43.1 | 40.6 | 24.2 | 10.6 | 6.6 | 5.5 | 4.9 | 4.3 | 4.0 | 3.5 | 2.7 | 2.3 | 1.8 | 1.4 | 1.5 | 1.5 | ||||||
| Amortization of Intangibles | 31.8 | 30.3 | 14.9 | 5.4 | 2.2 | - | 1.4 | 1.4 | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (271.5) | (228.6) | (168.8) | (160.6) | (75.7) | (77.5) | (53.1) | (48.9) | (52.9) | (54.4) | (42.2) | (33.1) | (28.0) | (23.6) | (24.9) | (18.9) | (18.3) | (10.8) | (10.5) | (10.0) | (7.3) | (3.6) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | (16.1) | 0.7 | (1.0) | 0.2 | 0.1 | (0.1) | 0.0 | (0.0) | (0.1) | (0.2) | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | (0.0) | 0.0 | |||||
| Pre-Tax Income | 798.2 | 728.4 | (1,060.1) | (192.8) | (32.2) | (202.0) | (52.5) | (37.5) | (39.6) | (41.9) | (44.8) | (43.7) | (27.3) | (18.6) | (24.0) | (1.7) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | (6.4) | (24.9) | (4.4) | (15.3) | 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 | 804.6 | 753.3 | (1,055.6) | (177.5) | (32.3) | (202.0) | (52.5) | (37.6) | (39.6) | (41.9) | (44.8) | (43.7) | (27.3) | (18.6) | (24.0) | (1.7) | (4.2) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | 804.6 | 753.3 | (1,055.6) | (177.5) | (32.3) | (202.0) | (52.5) | (37.6) | (39.6) | (41.9) | (44.8) | (43.7) | (27.3) | (18.6) | (24.0) | (1.7) | (4.2) | |||||
| Net Income Attributable To Parent | 805.4 | 753.7 | (1,055.0) | (176.8) | (32.3) | (202.0) | (52.5) | (37.6) | (39.6) | (41.9) | (44.8) | (43.7) | (27.3) | (18.6) | (24.0) | (1.7) | ||||||
| Less: Minority Interest | (0.8) | (0.4) | (0.7) | (0.7) | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | 786.6 | 753.7 | (1,055.0) | (176.8) | (32.3) | (202.0) | (52.5) | (37.6) | (39.6) | (41.9) | (44.8) | (43.7) | (27.3) | (18.6) | (24.0) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | 2.19 | - | (3.58) | (0.70) | (0.14) | - | (0.24) | (0.18) | (0.19) | - | (0.22) | (0.22) | (0.14) | - | (0.12) | (0.01) | (0.02) | - | (0.12) | (0.08) | - | - |
| EPS Diluted | 2.07 | - | (3.58) | (0.70) | (0.14) | - | (0.24) | (0.18) | (0.19) | - | (0.22) | (0.22) | (0.14) | - | (0.12) | (0.01) | (0.02) | - | ||||
| Shares Basic | 358.8 | - | 294.5 | 251.0 | 228.8 | - | 214.3 | 211.6 | 208.2 | - | 203.4 | 201.4 | 200.1 | - | 198.3 | 197.2 | 196.2 | - | ||||
| Shares Diluted | 371.2 | - | 294.5 | 251.0 | 228.8 | - | 214.3 | 211.6 | 208.2 | - | 203.4 | 201.4 | 200.1 | - | 198.3 | 197.2 | 196.2 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (228.4) | (188.0) | (144.6) | (150.0) | (69.1) | (72.0) | (48.2) | (44.6) | (48.9) | (50.9) | (39.4) | (30.8) | (26.2) | (22.3) | (23.4) | (17.5) | (17.0) | (9.8) | (9.9) | (9.5) | (6.9) | (3.2) |
| EBIT | (271.5) | (228.6) | (168.8) | (160.6) | (75.7) | (77.5) | (53.1) | (48.9) | (52.9) | (54.4) | (42.2) | (33.1) | (28.0) | (23.6) | (24.9) | (18.9) | (18.3) | (10.8) | (10.5) | |||
| - |
| - |
| Selling & Marketing | 74.3 | 53.4 | 28.4 | 18.3 | 8.4 | 3.2 | 0.5 |
| General & Administrative | 309.9 | 245.1 | 71.1 | 50.7 | 36.0 | 13.7 | 3.5 |
| Depreciation & Amortization | 118.6 | 82.0 | 18.7 | 10.4 | 5.6 | 2.5 | 1.4 |
| Amortization of Intangibles | 82.4 | 52.8 | 5.6 | 3.2 | 1.6 | 0.8 | 0.0 |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (16.1) | 0.0 | (0.3) | (0.1) | 0.0 | 0.0 | - |
| Pre-Tax Income | 273.8 | (556.7) | (331.6) | (157.7) | (48.5) | (106.2) | (15.4) |
| (15.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | 324.7 | (512.1) | (331.6) | (157.8) | (48.5) | (106.2) | (15.4) |
| Net Income Attributable To Parent | 327.2 | (510.4) | (331.6) | (157.8) | (48.5) | (106.2) | (15.4) |
| Less: Minority Interest | (2.5) | (1.7) | 0.0 | 0.0 | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 308.5 | (510.4) | (331.6) | (157.8) | (48.5) | (106.2) | (15.4) |
| Shares Basic | 358.8 | 280.3 | 213.0 | 202.6 | 197.7 | 137.6 | - |
| Shares Diluted | 371.2 | 280.3 | 213.0 | 202.6 | 197.7 | 137.6 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| 1.3 |
| 0.9 |
| 0.2 |
| 0.1 |
| 5.4 |
| 2.5 |
| 2.9 |
| 3.0 |
| 0.7 |
| 1.3 |
| 1.0 |
| 0.6 |
| 0.5 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| (4.2) |
| (74.1) |
| (14.8) |
| (10.0) |
| (7.3) |
| (3.6) |
| (74.1) |
| (14.8) |
| (10.0) |
| (7.3) |
| (3.6) |
| - |
| - |
| - |
| - |
| - |
| (74.1) |
| (14.8) |
| (10.0) |
| (7.3) |
| (3.6) |
| (4.2) |
| (74.1) |
| (14.8) |
| (10.0) |
| (7.3) |
| (3.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.7) |
| (4.2) |
| (74.1) |
| (14.8) |
| (10.0) |
| (7.3) |
| (3.6) |
| (0.12) |
| (0.08) |
| - |
| - |
| 120.6 |
| 119.3 |
| - |
| - |
| 120.6 |
| 119.3 |
| - |
| - |
| (10.0) |
| (7.3) |
| (3.6) |