| (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 | Q3 FY 17 | Q2 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||
| Revenues | 214.3 | 202.1 | 180.9 | 156.8 | 137.8 | 122.5 | 112.2 | 108.6 | 79.9 | 83.4 | 67.0 | 71.5 | 48.3 | 61.9 | 99.1 | 27.0 | |||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 754.0 | 677.6 | 423.2 | 270.3 | 220.2 | 38.5 | - | - | - | - |
| Cost of Revenue | 80.6 | 77.7 | 60.9 | 33.4 | 22.9 | 9.1 | - | - | - | - |
| Gross Profit | 673.4 | 599.9 | 362.3 | 236.9 | 197.3 | 29.4 | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 105.0 | 96.9 | 111.6 | 76.1 | 65.5 | 99.3 | 112.0 | 135.0 | 86.6 | 56.4 |
| Selling General & Administrative | 213.9 | 196.3 | 168.0 | |||||||
| Operating Income | ||||||||||
| Operating Income | 93.2 | 77.2 | (45.6) | (25.2) | 9.8 | (156.6) | (157.4) | (170.0) | (108.2) | (65.4) |
| Non-Operating | ||||||||||
| Interest Income | - | 11.6 | 9.0 | 8.2 | 1.2 | 0.1 | 1.1 | 6.0 | 4.7 | 0.5 |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 32.9 | 29.9 | 7.0 | (30.7) | (172.3) | 1.4 | 5.2 | (2.0) | (0.2) | 0.0 |
| Net Income From Continuing Ops | 73.1 | 59.0 | (43.2) | |||||||
| Per Share | ||||||||||
| EPS Basic | 0.95 | 0.80 | (0.60) | 0.20 | 2.64 | (2.30) | (2.61) | (2.99) | - | - |
| EPS Diluted | 0.89 | 0.75 | (0.60) | 0.20 | ||||||
| Supplementary Data | ||||||||||
| EBITDA | 94.9 | 78.8 | (43.9) | (22.9) | 12.2 | (154.3) | (155.0) | (167.9) | (107.9) | (65.4) |
| EBIT | 93.2 | 77.2 | (45.6) | (25.2) | ||||||
| 32.2 |
| - |
| 12.1 |
| 7.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 20.8 | 20.9 | 20.3 | 18.6 | 17.9 | 17.9 | 20.1 | 12.3 | 10.6 | 9.6 | 9.1 | 7.7 | 7.0 | - | 6.9 | 5.0 | - | - | 2.8 | 2.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 193.5 | 181.2 | 160.6 | 138.2 | 119.9 | 104.6 | 92.1 | 96.3 | 69.3 | 73.8 | 58.0 | 63.8 | 41.3 | - | 92.2 | 21.9 | - | - | 9.3 | 5.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| Research & Development | 27.5 | 34.6 | 24.2 | 18.8 | 19.3 | 35.2 | 26.1 | 24.0 | 26.3 | 20.1 | 17.1 | 23.8 | 15.2 | 14.4 | 16.5 | 13.8 | 20.8 | 27.4 | 19.2 | 23.9 | 28.7 | 37.4 | 31.4 | 22.3 | 20.9 | 22.9 | 22.0 | 30.8 | 59.3 | 36.1 | 20.6 | 17.2 | 12.6 | 14.0 | 9.3 |
| Selling General & Administrative | 61.2 | 56.8 | 49.1 | 46.9 | 43.5 | 40.5 | 46.4 | 42.4 | 38.7 | 36.7 | 34.5 | 29.2 | 29.0 | 27.2 | 24.7 | 23.8 | |||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Depreciation & Amortization | 0.5 | 1.2 | 0.0 | 0.0 | 0.3 | 1.0 | 0.1 | 0.1 | 0.5 | 1.2 | 0.3 | 0.3 | 0.6 | 1.2 | 0.2 | 0.4 | |||||||||||||||||||
| Amortization of Intangibles | 0.3 | - | 0.3 | 0.3 | 0.3 | - | 0.3 | 0.3 | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | 29.3 | 19.8 | 24.0 | 20.2 | 13.3 | (19.3) | (9.7) | (0.1) | (16.5) | 0.1 | (10.9) | (3.2) | (11.2) | 6.0 | 46.4 | (19.4) | (23.3) | (36.1) | (30.7) | (40.6) | (49.3) | (52.9) | (43.2) | (31.9) | (29.4) | (32.6) | (30.4) | (39.3) | (67.6) | (44.1) | (26.2) | (21.5) | (16.3) | (16.2) | (11.4) |
| Non-Operating | |||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.8 | 0.3 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.8 | 1.1 | 1.4 | 1.7 | 1.8 | 1.7 | 1.6 | 1.1 | 0.3 | 0.2 | 0.2 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Pre-Tax Income | 32.7 | 23.3 | 27.2 | 22.9 | 15.6 | (17.0) | (7.2) | 2.3 | (14.3) | 2.5 | (8.5) | (1.2) | (9.4) | 6.8 | 46.7 | (19.3) | |||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||
| Income Tax Expense | 10.1 | 9.1 | 8.7 | 5.0 | 7.0 | (8.1) | 5.5 | 6.2 | 3.4 | (22.8) | 5.4 | (16.2) | 2.9 | 2.4 | (177.4) | 0.7 | 1.9 | 0.3 | (0.1) | 1.0 | 0.2 | 0.8 | 0.7 | 5.9 | (2.2) | 0.3 | (2.0) | (0.4) | (0.0) | 0.2 | (0.1) | (0.2) | (0.1) | (0.1) | (0.0) |
| Net Income From Continuing Ops | 22.6 | 14.2 | 18.4 | 17.8 | 8.5 | (8.9) | (12.7) | (3.9) | (17.7) | 25.2 | (13.9) | 15.0 | (12.3) | 4.5 | 224.1 | (20.0) | (25.2) | ||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income | 22.6 | 14.2 | 18.4 | 17.8 | 8.5 | (8.9) | (12.7) | (3.9) | (17.7) | 25.2 | (13.9) | 15.0 | (12.3) | 4.5 | 224.1 | (20.0) | (25.2) | ||||||||||||||||||
| Net Income Attributable To Parent | 22.6 | 14.2 | 18.4 | 17.8 | 8.5 | (8.9) | (12.7) | (3.9) | (17.7) | 25.2 | (13.9) | 15.0 | (12.3) | 4.5 | 224.1 | (20.0) | |||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income To Common Shareholders | 22.6 | 14.2 | 18.4 | 17.8 | 8.5 | (8.9) | (12.7) | (3.9) | (17.7) | 25.2 | (13.9) | 15.0 | (12.3) | 4.5 | 224.1 | ||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||
| EPS Basic | 0.30 | - | 0.25 | 0.24 | 0.12 | - | (0.18) | (0.06) | (0.25) | - | (0.20) | 0.21 | (0.18) | - | 3.23 | (0.29) | (0.36) | - | (0.44) | (0.61) | (0.72) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | 0.27 | - | 0.23 | 0.23 | 0.11 | - | (0.18) | (0.06) | (0.25) | - | (0.20) | 0.21 | (0.18) | - | 3.18 | (0.29) | (0.36) | - | |||||||||||||||||
| Shares Basic | 76.5 | - | 74.7 | 73.4 | 72.6 | - | 71.7 | 71.0 | 70.6 | - | 70.2 | 69.9 | 69.8 | - | 69.4 | 69.3 | 69.1 | - | |||||||||||||||||
| Shares Diluted | 82.4 | - | 80.0 | 77.9 | 76.1 | - | 71.7 | 71.0 | 70.6 | - | 70.2 | 71.6 | 69.8 | - | 70.6 | 69.3 | 69.1 | - | |||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EBITDA | 29.7 | 20.9 | 24.0 | 20.2 | 13.6 | (18.3) | (9.6) | 0.0 | (16.1) | 1.2 | (10.6) | (2.9) | (10.6) | 7.3 | 46.6 | (19.0) | (22.7) | (34.9) | (30.3) | (40.1) | (49.0) | (52.3) | (42.6) | (31.3) | (28.8) | (32.0) | (29.9) | (38.8) | (67.2) | (43.9) | (26.1) | (21.5) | (16.3) | (16.2) | (11.4) |
| EBIT | 29.3 | 19.8 | 24.0 | 20.2 | 13.3 | (19.3) | (9.7) | (0.1) | (16.5) | 0.1 | (10.9) | (3.2) | (11.2) | 6.0 | 46.4 | (19.4) | (23.3) | (36.1) | (30.7) | ||||||||||||||||
| 129.4 |
| 98.0 |
| 85.9 |
| 45.3 |
| 35.0 |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | 45.3 | 35.0 | 21.6 | 9.0 |
| Depreciation & Amortization | 1.7 | 1.6 | 1.7 | 2.3 | 2.4 | 2.4 | 2.4 | 2.1 | 0.3 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | 157.4 | 170.0 | 108.2 | 65.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | 106.0 | 88.9 | (36.2) | (16.7) | 11.0 | (156.5) | (156.2) | (163.9) | (103.4) | (64.9) |
| 14.1 |
| 183.4 |
| (157.9) |
| (161.4) |
| (161.9) |
| (103.2) |
| (64.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | 73.1 | 59.0 | (43.2) | 14.1 | 183.4 | (157.9) | (161.4) | (161.9) | (103.2) | (64.9) |
| Net Income Attributable To Parent | 73.1 | 59.0 | (43.2) | 14.1 | 183.4 | (157.9) | (161.4) | (161.9) | (103.2) | (64.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 73.1 | 59.0 | (43.2) | 14.1 | 183.4 | (157.9) | (161.4) | (161.9) | (103.2) | (64.9) |
| 2.60 |
| (2.30) |
| (2.61) |
| (2.99) |
| - |
| - |
| Shares Basic | 76.5 | 74.2 | 71.4 | 70.1 | 69.4 | 68.6 | 61.8 | 54.0 | - | - |
| Shares Diluted | 82.4 | 79.0 | 71.4 | 71.9 | 70.4 | 68.6 | 61.8 | 54.0 | - | - |
| 9.8 |
| (156.6) |
| (157.4) |
| (170.0) |
| (108.2) |
| (65.4) |
| 22.2 |
| 22.7 |
| 20.8 |
| 21.8 |
| 20.6 |
| - |
| 11.8 |
| 9.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.6 |
| 15.5 |
| 11.8 |
| 9.5 |
| 8.5 |
| 9.7 |
| 8.4 |
| 8.4 |
| 8.4 |
| 8.0 |
| 5.5 |
| 4.3 |
| 3.7 |
| 2.2 |
| 2.1 |
| 0.7 |
| 1.3 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 49.3 |
| 52.9 |
| 43.2 |
| 31.9 |
| 29.4 |
| 32.6 |
| 30.4 |
| 39.3 |
| 67.6 |
| 44.1 |
| 26.2 |
| 21.5 |
| 16.3 |
| 16.2 |
| 11.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.3) |
| (36.1) |
| (30.7) |
| (40.5) |
| (49.3) |
| (52.9) |
| (43.2) |
| (31.6) |
| (28.6) |
| (31.5) |
| (29.1) |
| (37.6) |
| (65.8) |
| (42.4) |
| (24.5) |
| (20.5) |
| (16.0) |
| (16.1) |
| (11.2) |
| (36.3) |
| (30.5) |
| (41.6) |
| (49.5) |
| (53.7) |
| (43.8) |
| (37.5) |
| (26.4) |
| (31.8) |
| (27.1) |
| (37.2) |
| (65.8) |
| (42.6) |
| (24.4) |
| (20.3) |
| (16.0) |
| (16.0) |
| (11.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (36.3) |
| (30.5) |
| (41.6) |
| (49.5) |
| (53.7) |
| (43.8) |
| (37.5) |
| (26.4) |
| (31.8) |
| (27.1) |
| (37.2) |
| (65.8) |
| (42.6) |
| (24.4) |
| (20.3) |
| (16.0) |
| (16.0) |
| (11.2) |
| (25.2) |
| (36.3) |
| (30.5) |
| (41.6) |
| (49.5) |
| (53.7) |
| (43.8) |
| (37.5) |
| (26.4) |
| (31.8) |
| (27.1) |
| (37.2) |
| (65.8) |
| (42.6) |
| (24.4) |
| (20.3) |
| (16.0) |
| (16.0) |
| (11.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (20.0) |
| (25.2) |
| (36.3) |
| (30.5) |
| (41.6) |
| (49.5) |
| (53.7) |
| (43.8) |
| (37.5) |
| (26.4) |
| (31.8) |
| (27.1) |
| (37.2) |
| (65.8) |
| (42.6) |
| (24.4) |
| (20.3) |
| (16.0) |
| (16.0) |
| (11.2) |
| (0.44) |
| (0.61) |
| (0.72) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 68.7 |
| 68.4 |
| 68.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 68.7 |
| 68.4 |
| 68.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (40.6) |
| (49.3) |
| (52.9) |
| (43.2) |
| (31.9) |
| (29.4) |
| (32.6) |
| (30.4) |
| (39.3) |
| (67.6) |
| (44.1) |
| (26.2) |
| (21.5) |
| (16.3) |
| (16.2) |
| (11.4) |