| (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 | 24.2 | 30.8 | 22.6 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 77.7 | 53.4 | 0.1 | 1.0 | 0.0 | 0.0 | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 624.3 | 581.1 | 477.2 | 367.0 | 296.3 | 197.6 | 108.7 |
| Selling General & Administrative | 195.1 | 162.6 | 119.7 | 105.9 | 95.9 | ||
| Operating Income | |||||||
| Operating Income | (789.9) | (719.6) | (596.8) | (472.1) | (392.2) | (259.1) | (132.2) |
| Non-Operating | |||||||
| Interest Income | 51.1 | 43.2 | 42.8 | 45.6 | 16.8 | 1.1 | 5.6 |
| Interest Expense | - | - | - | - | 0.1 | 2.4 | 0.2 |
| Tax & Net | |||||||
| Income Tax Expense | 1.4 | 1.3 | 0.1 | 0.1 | 0.1 | (10.5) | 0.0 |
| Net Income From Continuing Ops | (957.4) | (929.8) | (608.0) | (513.1) | (258.0) | (180.3) | |
| Per Share | |||||||
| EPS Basic | (1.01) | (1.13) | (0.87) | (0.79) | (0.44) | (0.61) | (1.10) |
| EPS Diluted | (1.01) | (1.13) | (0.87) | (0.79) | (0.44) | (0.61) | (1.10) |
| Supplementary Data | |||||||
| EBITDA | (747.9) | (679.4) | (561.2) | (441.6) | (368.2) | (243.1) | (124.8) |
| EBIT | (789.9) | (719.6) | (596.8) | (472.1) | (392.2) | (259.1) | (132.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 177.5 | 161.3 | 149.2 | 136.4 | 134.3 | 122.4 | 126.1 | 113.0 | 115.6 | 102.1 | 100.6 | 88.8 | 75.5 | 76.1 | 73.9 | 74.2 | 72.1 | 57.3 | 52.1 | 54.0 | 34.2 | - | 30.7 | - | - |
| Selling General & Administrative | 61.6 | 57.1 | 45.0 | 31.5 | 29.0 | 27.5 | 30.6 | 31.3 | 30.3 | 27.0 | 27.6 | 27.1 | 24.2 | 25.2 | 23.3 | 25.2 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 11.0 | 14.1 | 8.4 | 8.5 | 9.1 | 12.4 | 7.5 | 7.2 | 8.5 | 11.3 | 6.2 | 5.9 | 7.1 | 9.5 | 4.8 | 4.5 | |||||||||
| Amortization of Intangibles | 2.1 | 2.4 | 1.8 | 1.2 | 1.2 | 1.5 | 1.4 | 1.5 | 1.5 | 1.6 | 1.5 | 1.5 | 1.5 | 1.6 | 1.5 | 1.4 | 1.1 | ||||||||
| Other Operating Expenses | 18.8 | 19.3 | 10.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | - | - | - | - | ||||||||
| Total Operating Expenses | 257.8 | 237.6 | 204.2 | 167.9 | 163.3 | 149.9 | 156.7 | 144.3 | 145.9 | 129.3 | 128.2 | 116.0 | 99.7 | 101.4 | 97.1 | 99.4 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (233.6) | (206.8) | (181.7) | (167.9) | (163.3) | (149.9) | (156.7) | (144.3) | (145.9) | (128.2) | (128.2) | (116.0) | (99.7) | (101.4) | (97.1) | (99.4) | (94.3) | (77.2) | (67.7) | (68.4) | (45.8) | - | (36.2) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 17.8 | 13.7 | 9.7 | 9.8 | 9.9 | 9.8 | 9.5 | 11.2 | 12.3 | 12.9 | 13.6 | 10.7 | 8.4 | 8.1 | 5.4 | 2.6 | 0.8 | 0.3 | 0.2 | 0.2 | 0.5 | - | 1.1 | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.0 | 4.6 | |||||||||
| Other Non-Operating Income | 123.8 | 86.3 | (219.5) | (156.7) | 80.9 | (96.9) | 13.4 | 21.0 | 51.3 | 13.2 | 129.7 | (170.1) | (13.6) | 34.5 | 17.9 | 49.8 | 32.0 | ||||||||
| Pre-Tax Income | (109.8) | (120.5) | (401.1) | (324.6) | (82.4) | (246.7) | (143.3) | (123.3) | (94.6) | (115.1) | 1.6 | (286.0) | (113.4) | (66.9) | (79.2) | (49.5) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.2 | 1.1 | 0.1 | 0.1 | 0.0 | (0.5) | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | (10.5) | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - |
| Net Income From Continuing Ops | (110.0) | (121.5) | (401.2) | (324.7) | (82.4) | (246.3) | (143.9) | (123.3) | (94.6) | (115.1) | 1.5 | (286.1) | (113.4) | (66.9) | (79.2) | (49.6) | (62.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (110.0) | (121.5) | (401.2) | (324.7) | (82.4) | (246.3) | (143.9) | (123.3) | (94.6) | (115.1) | 1.5 | (286.1) | (113.4) | (66.9) | (79.2) | (49.6) | (62.3) | ||||||||
| Net Income Attributable To Parent | (110.0) | (121.5) | (401.2) | (324.7) | (82.4) | (246.3) | (143.9) | (123.3) | (94.6) | (115.1) | 1.5 | (286.1) | (113.4) | (66.9) | (79.2) | (49.6) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (110.0) | (121.5) | (401.2) | (324.7) | (82.4) | (246.3) | (143.9) | (123.3) | (94.6) | (115.1) | 1.5 | (286.1) | (113.4) | (66.9) | (79.2) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.12) | - | (0.48) | (0.41) | (0.11) | - | (0.21) | (0.18) | (0.14) | - | 0.00 | (0.45) | (0.19) | - | (0.14) | (0.09) | (0.11) | - | (0.20) | (0.58) | - | - | - | - | - |
| EPS Diluted | (0.12) | - | (0.48) | (0.41) | (0.11) | - | (0.21) | (0.18) | (0.14) | - | 0.00 | (0.45) | (0.19) | - | (0.14) | (0.09) | (0.11) | - | |||||||
| Shares Basic | 943.5 | - | 844.6 | 796.8 | 766.9 | - | 695.0 | 689.3 | 681.7 | - | 672.6 | 636.7 | 605.2 | - | 584.0 | 581.3 | 579.1 | - | |||||||
| Shares Diluted | 943.5 | - | 844.6 | 796.8 | 766.9 | - | 695.0 | 689.3 | 681.7 | - | 691.5 | 636.7 | 605.2 | - | 584.0 | 581.3 | 579.1 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (222.6) | (192.7) | (173.3) | (159.4) | (154.2) | (137.5) | (149.2) | (137.1) | (137.4) | (116.9) | (122.0) | (110.1) | (92.6) | (91.9) | (92.3) | (94.9) | (89.1) | (70.8) | (64.5) | (65.4) | (42.5) | - | (34.3) | - | - |
| EBIT | (233.6) | (206.8) | (181.7) | (167.9) | (163.3) | (149.9) | (156.7) | (144.3) | (145.9) | (128.2) | (128.2) | (116.0) | (99.7) | (101.4) | (97.1) | (99.4) | (94.3) | (77.2) | (67.7) | ||||||
| 61.5 |
| 23.5 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | 42.0 | 40.2 | 35.6 | 30.5 | 24.0 | 15.9 | 7.4 |
| Amortization of Intangibles | 7.5 | 6.6 | 5.9 | 6.1 | 5.6 | 3.8 | 0.0 |
| Other Operating Expenses | 48.1 | 29.3 | 0.1 | 0.2 | 0.0 | 0.0 | - |
| Total Operating Expenses | 867.6 | 773.0 | 596.9 | 473.1 | 392.2 | 259.1 | 132.2 |
| Income From Equity Investments | - | - | 0.0 | 0.0 | 19.5 | 29.4 | 5.8 |
| Other Non-Operating Income | (166.1) | (208.9) | (11.2) | (40.8) | 134.3 | 68.2 | 18.1 |
| Pre-Tax Income | (956.0) | (928.5) | (607.9) | (512.9) | (258.0) | (190.9) | (114.1) |
| (114.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (957.4) | (929.8) | (608.0) | (513.1) | (258.0) | (180.3) | (114.2) |
| Net Income Attributable To Parent | (957.4) | (929.8) | (608.0) | (513.1) | (258.0) | (180.3) | (114.2) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (957.4) | (929.8) | (608.0) | (513.1) | (258.0) | (180.3) | (114.2) |
| Shares Basic | 943.5 | 826.2 | 699.8 | 647.9 | 585.5 | 294.9 | 103.9 |
| Shares Diluted | 943.5 | 826.2 | 699.8 | 647.9 | 585.5 | 294.9 | 103.9 |
| 22.3 |
| 19.9 |
| 15.6 |
| 14.3 |
| 11.6 |
| - |
| 5.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.0 |
| 1.3 |
| - |
| 0.2 |
| - |
| - |
| 5.2 |
| 6.4 |
| 3.2 |
| 3.0 |
| 3.3 |
| - |
| 1.9 |
| - |
| - |
| 0.9 |
| 1.0 |
| 1.0 |
| 0.9 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 94.3 |
| 77.2 |
| 67.7 |
| 68.4 |
| 45.8 |
| - |
| 36.2 |
| - |
| - |
| 0.5 |
| 1.0 |
| 0.9 |
| - |
| 0.1 |
| - |
| - |
| 14.5 |
| 10.2 |
| 10.3 |
| 4.2 |
| 4.7 |
| - |
| 0.3 |
| - |
| - |
| 71.7 |
| (11.2) |
| 3.4 |
| 4.3 |
| - |
| 8.2 |
| - |
| - |
| (62.3) |
| (5.5) |
| (78.9) |
| (65.0) |
| (41.5) |
| - |
| (28.0) |
| - |
| - |
| (99.2) |
| (78.9) |
| (1.0) |
| (1.3) |
| (61.8) |
| (0.2) |
| (26.9) |
| (25.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.0 |
| (78.9) |
| (65.0) |
| (41.5) |
| (33.9) |
| (28.0) |
| (26.9) |
| (25.4) |
| (62.3) |
| 5.0 |
| (78.9) |
| (65.0) |
| (41.5) |
| (33.9) |
| (28.0) |
| (26.9) |
| (25.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (49.6) |
| (62.3) |
| 5.0 |
| (78.9) |
| (65.0) |
| (41.5) |
| (33.9) |
| (28.0) |
| (26.9) |
| (25.4) |
| (0.20) |
| (0.58) |
| - |
| - |
| - |
| - |
| - |
| 385.6 |
| 111.9 |
| - |
| - |
| - |
| - |
| - |
| 385.6 |
| 111.9 |
| - |
| - |
| - |
| - |
| - |
| (68.4) |
| (45.8) |
| - |
| (36.2) |
| - |
| - |