| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||
| Research & Development | 187.3 | 182.4 | 126.1 | 206.3 | 267.6 | 217.3 | 107.4 | 37.5 | 18.8 | 22.0 | 14.1 |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (235.1) | (234.4) | (186.8) | (277.3) | (341.4) | (267.1) | (136.0) | (49.2) | (26.4) | (25.5) | (17.2) |
| Non-Operating | |||||||||||
| Interest Income | 4.6 | 4.5 | 11.1 | 16.7 | 7.1 | 0.3 | 3.0 | 1.6 | 0.6 | 0.0 | - |
| Interest Expense | - | 0.0 | 0.0 | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | - | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (230.7) | (230.0) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (3.73) | (4.32) | (3.35) | (4.97) | (6.39) | (5.16) | (2.91) | - | - | - | - |
| EPS Diluted | (3.73) | (4.32) | (3.35) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | - | (216.1) | (168.1) | (259.0) | (337.6) | (266.0) | (135.5) | (48.7) | (25.9) | (25.0) | (16.9) |
| EBIT | (235.1) | (234.4) | (186.8) | ||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| Research & Development | 48.5 | 45.5 | 50.5 | 42.8 | 43.6 | 31.8 | 31.9 | 32.5 | 29.9 | 46.6 | 36.2 | 67.0 | 56.5 | 56.0 | 61.7 | 73.7 | 76.2 | 75.6 | 56.0 | 45.4 | 40.3 | 37.4 | 29.3 | 20.6 | 20.2 | 12.8 | 10.1 | 8.8 | 5.7 | 6.9 | 4.7 | 3.6 | 3.6 | 0.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| General & Administrative | 11.2 | 12.0 | 11.9 | 12.8 | 15.4 | 14.4 | 14.8 | 15.5 | 16.1 | 16.7 | 18.3 | 17.9 | 18.1 | 18.1 | 17.8 | 18.3 | 19.6 | |||||||||||||||||
| Depreciation & Amortization | 4.1 | - | - | - | 4.6 | - | - | - | 4.7 | - | - | - | 3.8 | - | - | - | ||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Total Operating Expenses | 59.8 | 57.5 | 62.4 | 55.5 | 59.1 | 46.2 | 46.6 | 48.0 | 46.1 | 63.4 | 54.5 | 84.8 | 74.6 | 74.1 | 79.5 | 92.1 | ||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | (59.8) | (57.5) | (62.4) | (55.5) | (59.1) | (46.2) | (46.6) | (48.0) | (46.1) | (63.4) | (54.5) | (84.8) | (74.6) | (74.1) | (79.5) | (92.1) | (95.8) | (93.0) | (67.5) | (55.9) | (50.6) | (46.8) | (36.7) | (26.8) | (25.7) | (16.2) | (12.7) | (11.8) | (8.5) | (9.4) | (6.4) | (5.1) | (5.5) | (0.0) |
| Non-Operating | ||||||||||||||||||||||||||||||||||
| Interest Income | 1.6 | 0.8 | 0.9 | 1.2 | 1.6 | 2.1 | 2.7 | 3.0 | 3.4 | 3.9 | 4.5 | 4.7 | 3.6 | 3.0 | 2.5 | 1.5 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.4 | 0.6 | 0.7 | 1.2 | 0.5 | 0.3 | 0.3 | 0.5 | 0.5 | 0.0 | 0.1 | 0.0 | - |
| Interest Expense | - | - | - | - | - | 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 | ||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Other Non-Operating Income | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | (0.1) | (0.0) | (0.1) | (0.3) | (0.0) | (0.0) | (0.0) | 0.2 | 0.6 | (0.0) | (0.0) | (0.0) | |||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | |||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Net Income | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | (95.7) | |||||||||||||||||
| Net Income Attributable To Parent | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | (90.6) | ||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Net Income To Common Shareholders | (58.2) | (56.7) | (61.5) | (54.3) | (57.5) | (44.1) | (43.9) | (45.1) | (43.0) | (59.5) | (50.0) | (80.2) | (70.8) | (70.4) | (77.0) | |||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||
| EPS Basic | (0.94) | - | (1.16) | (1.03) | (1.09) | - | (0.84) | (0.86) | (0.82) | - | (0.95) | (1.53) | (1.35) | - | (1.47) | (1.74) | (1.83) | - | (1.30) | (1.08) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.94) | - | (1.16) | (1.03) | (1.09) | - | (0.84) | (0.86) | (0.82) | - | (0.95) | (1.53) | (1.35) | - | (1.47) | (1.74) | (1.83) | - | ||||||||||||||||
| Shares Basic | 61.9 | - | 52.9 | 52.8 | 52.7 | - | 52.6 | 52.6 | 52.5 | - | 52.5 | 52.4 | 52.3 | - | 52.3 | 52.2 | 52.2 | - | ||||||||||||||||
| Shares Diluted | 61.9 | - | 52.9 | 52.8 | 52.7 | - | 52.6 | 52.6 | 52.5 | - | 52.5 | 52.4 | 52.3 | - | 52.3 | 52.2 | 52.2 | - | ||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||
| EBITDA | (55.7) | - | - | - | (54.5) | - | - | - | (41.4) | - | - | - | (70.8) | - | - | - | (95.5) | - | - | - | (50.3) | - | - | - | (25.6) | - | - | - | (8.3) | - | (6.3) | - | (5.4) | 0.1 |
| EBIT | (59.8) | (57.5) | (62.4) | (55.5) | (59.1) | (46.2) | (46.6) | (48.0) | (46.1) | (63.4) | (54.5) | (84.8) | (74.6) | (74.1) | (79.5) | (92.1) | (95.8) | (93.0) | (67.5) | |||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 47.8 | 52.0 | 60.8 | 71.0 | 73.8 | 49.7 | 28.6 | 11.7 | 7.6 | 3.5 | 3.1 |
| Depreciation & Amortization | - | 18.3 | 18.7 | 18.3 | 3.8 | 1.0 | 0.5 | 0.5 | 0.5 | 0.5 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 235.1 | 234.4 | 186.8 | 277.3 | 341.4 | 267.1 | 136.0 | 49.2 | 26.4 | 25.5 | 17.2 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 5.5 |
| 1.2 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.1) | (0.1) | (0.5) | 0.1 | 0.5 | (0.2) | (0.0) | 0.3 | (4.7) | (1.3) | 0.0 |
| Pre-Tax Income | - | (229.9) | (176.2) | (260.4) | (333.8) | (266.9) | (133.1) | (47.4) | (41.4) | (27.9) | (17.1) |
| (176.2) |
| (260.5) |
| (333.8) |
| (267.0) |
| (133.1) |
| (47.4) |
| (41.4) |
| (27.9) |
| (17.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (230.7) | (230.0) | (176.2) | (260.5) | (333.8) | (267.0) | (133.1) | (47.4) | (41.4) | (27.9) | (17.1) |
| Net Income Attributable To Parent | (230.7) | (230.0) | (176.2) | (260.5) | (333.8) | (267.0) | (133.1) | (47.4) | (41.4) | (27.9) | (17.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (230.7) | (230.0) | (176.2) | (260.5) | (333.8) | (267.0) | (133.1) | (47.4) | (41.4) | (27.9) | (17.1) |
| (4.97) |
| (6.39) |
| (5.16) |
| (2.91) |
| - |
| - |
| - |
| - |
| Shares Basic | 61.9 | 53.2 | 52.6 | 52.4 | 52.2 | 51.8 | 45.7 | - | - | - | - |
| Shares Diluted | 61.9 | 53.2 | 52.6 | 52.4 | 52.2 | 51.8 | 45.7 | - | - | - | - |
| (277.3) |
| (341.4) |
| (267.1) |
| (136.0) |
| (49.2) |
| (26.4) |
| (25.5) |
| (17.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.5 |
| 11.5 |
| 10.5 |
| 10.2 |
| 9.5 |
| 7.4 |
| 6.2 |
| 5.6 |
| 3.4 |
| 2.6 |
| 3.0 |
| 2.7 |
| 2.5 |
| 1.7 |
| 1.5 |
| 1.9 |
| 0.0 |
| 0.3 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| 0.1 |
| - |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 95.8 |
| 93.0 |
| 67.5 |
| 55.9 |
| 50.6 |
| 46.8 |
| 36.7 |
| 26.8 |
| 25.7 |
| 16.2 |
| 12.7 |
| 11.8 |
| 8.5 |
| 9.4 |
| 6.4 |
| 5.1 |
| 5.5 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.2 |
| 2.0 |
| 1.9 |
| 1.5 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.2) |
| (0.1) |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| (0.1) |
| (2.1) |
| (0.5) |
| (2.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (93.2) |
| (67.5) |
| (55.9) |
| (50.4) |
| (46.6) |
| (36.1) |
| (26.0) |
| (24.4) |
| (15.6) |
| (12.4) |
| (11.4) |
| (8.0) |
| (14.7) |
| (10.5) |
| (7.4) |
| (8.9) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (93.2) |
| (67.5) |
| (55.9) |
| (50.4) |
| (46.6) |
| (36.1) |
| (26.0) |
| (24.4) |
| (15.6) |
| (12.4) |
| (11.4) |
| (8.0) |
| (14.7) |
| (10.5) |
| (7.4) |
| (8.9) |
| (0.0) |
| (95.7) |
| (93.2) |
| (67.5) |
| (55.9) |
| (50.4) |
| (46.6) |
| (36.1) |
| (26.0) |
| (24.4) |
| (15.6) |
| (12.4) |
| (11.4) |
| (8.0) |
| (14.7) |
| (10.5) |
| (7.4) |
| (8.9) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (90.6) |
| (95.7) |
| (93.2) |
| (67.5) |
| (55.9) |
| (50.4) |
| (46.6) |
| (36.1) |
| (26.0) |
| (24.4) |
| (15.6) |
| (12.4) |
| (11.4) |
| (8.0) |
| (14.7) |
| (10.5) |
| (7.4) |
| (8.9) |
| (4.6) |
| (1.30) |
| (1.08) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 51.9 |
| 51.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 51.9 |
| 51.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (55.9) |
| (50.6) |
| (46.8) |
| (36.7) |
| (26.8) |
| (25.7) |
| (16.2) |
| (12.7) |
| (11.8) |
| (8.5) |
| (9.4) |
| (6.4) |
| (5.1) |
| (5.5) |
| (0.0) |